Additional Inventory definition

Additional Inventory means Business Inventory that is characterized as obsolete by Seller as of the Effective Time.

Additional Inventory means, with respect to any Additional Grantor, any inventory owned by such Additional Grantor that the Parent Borrower and the Administrative Agent agree, in writing, shall be deemed to be “Collateral” under the Collateral Agreement.

Additional Inventory means the equipment and products owned by Seller and leased to customers pursuant to the Additional Leases, as set forth on

Examples of Additional Inventory in a sentence

• Additional Inventory Sheets may be incorporated into this Agreement at such time as both parties agree to the consignment of other works of art.

• Seller intends to have the documentation with respect to the Additional Inventory and Additional Leases completed and assembled within fifteen (15) days after the Effective Date.

• The purchase price for the Additional Inventory shall be determined by agreement of the parties.

• The sale of the Equipment (other than Leased Inventory and Additional Inventory) hereunder will be F.O.B. Seller's plant in Stafford, Texas, with Buyer being responsible for the cost of shipping and transporting the Equipment.

• Additional Inventory Sheets may be incorporated into this agreement at such time as both parties agree to the sale of other works for art.

More Definitions of Additional Inventory

Additional Inventory means the equipment and products owned by Seller and leased to customers pursuant to the Additional Leases, as set forth on SCHEDULE 3 attached hereto.

Additional Inventory has the meaning set forth in Section 2.2(b).

Additional Inventory means as defined in clause 4.2(a);

Additional Inventory shall have the meaning set forth in Section 3.2(a).

Additional Inventory see definition of Acquired Assets.

Additional Inventory means certain of Borrower’s raw materials, work-in-process and finished goods consisting of engine and truck inventory, which is acceptable to the Administrative Agent in its sole discretion (but excluding, in any event, Used Truck Inventory). Additional Inventory may, in the sole discretion of the Administrative Agent, be included in the Borrowing Base, subject to (a) due diligence by the Administrative Agent (including field examinations, appraisals, and legal due diligence), (b) granting of a first priority (subject to Permitted Liens arising by operation of law, as described in clauses (a) and (b) of the definition of “Permitted Liens” or similar Liens arising by operation of law which are permitted under Section 6.02(g)) perfected Lien in favor of the Administrative Agent and (c) eligibility criteria to be established by the Administrative Agent in its sole discretion.

Additional Inventory means Dirty Core Inventory and Two Year Inventory.