Maximum Closeout Inventory Sample Clauses

Maximum Closeout Inventory. The Borrower will reduce its closeout inventory in increments such that the value of all such closeout inventory will not exceed the following as of and at all times following the designated date: Closeout Inventory Value ----------------------- June 30, 1997 $6,500,000 July 31, 1997 $5,500,000 August 31, 1997 $4,500,000 September 30, 1997 $4,000,000