Inventory Loans. Loans (the "Inventory Loans") in an amount up to the lesser of:
Inventory Loans. Section 3 of the letter agreement with respect to inventory loans, dated as of July 31, 1992, between Congress and Borrower (the "Inventory Loan Letter") is hereby deleted in its entirety and the following substituted therefor:
Inventory Loans. An amount not to exceed the lesser of:
Inventory Loans. In the event Lender has agreed or hereafter agrees to provide loans to Borrower against any inventory of Borrower, such loans shall be upon the terms and conditions set forth in an Inventory Rider signed by Borrower and Lender (the "Inventory Rider") and shall constitute Obligations under this Agreement. Any such inventory loans shall not, when added to the outstanding Advances exceed the Maximum Credit.
Inventory Loans. During the period from May 1, 1996 through August 31, 1996, and only for such period, Section 2 of the letter re: Inventory Loans, dated December 31, 1994, by Borrower in favor of Congress (the "Inventory Loan Letter") is hereby amended by replacing the reference to "fifty (50%) percent" with "sixty (60%) percent".
Inventory Loans. (a) INVENTORY ADVANCE RATES. Paragraph 2 of the Letter re: Inventory Loans, dated March 23, 1990, by LPC in favor of Congress (the "Inventory Loan Letter"), as heretofore amended by the August 1, 1995 Amendment, is hereby amended by deleting the phrase "(i) up to sixty-five (65%) percent of the Value of eligible finished goods Inventory, (ii) up to fifty (50%) percent of the Value of eligible raw materials Inventory and (iii) up to thirty (30%) percent of the scrap value of eligible work-in- process Inventory" and replacing it with the following:
Inventory Loans. The parties hereto agree that until such time --------------- that Coast notifies Borrower in writing to the contrary Borrower, in its sole discretion, shall have no right to request Inventory Loans under Section 2.1(b) of the Schedule or otherwise and Coast shall be under no obligation to provide Inventory Loans. Any Inventory Loans outstanding on the date hereof are fully due and payable on the date hereof together with accrued but unpaid interest thereon.
Inventory Loans. The term “Inventory Loans” shall mean collectively, the Inventory Loan A and the Inventory Loan B.
Inventory Loans. (a) ELIGIBLE INVENTORY. Subparagraph 1a. of the Letter re: Inventory Loans, dated March 23, 1990, by LPC in favor of Congress, as amended (the "Inventory Loan Letter") is hereby amended by adding the following sentence at the end of such subparagraph: "Notwithstanding the foregoing, finished goods Inventory shall not be considered Eligible Inventory unless, in addition to satisfying all of your other criteria for determining Eligible Inventory, such Inventory is the subject of written purchase agreements providing for delivery of such Inventory no later than ninety (90) days following the applicable date of your determination of Eligible Inventory hereunder."
Inventory Loans. At any time after the issuance of the Amended DIP Financing Order, Purchaser shall have the right to make the secured loans to The Wiz Distributors, Ltd. provided for in this Section 2.6(c) (the "Inventory Loans"). Each Inventory Loan shall be made pursuant to the Amended DIP Financing Arrangements and shall have the following additional terms:
