Appraised NOLV means the appraised net orderly liquidation value (expressed as a percentage of cost of the applicable Inventory) set forth in the most recent Inventory appraisal performed in accordance with the requirements of this Agreement and satisfactory to Agent in its Permitted Discretion; provided, that, unless and until superseded by a new Inventory appraisal delivered in accordance with Section 3.5 or Section 4.13, the net orderly liquidation value set forth in the Specified Appraisal shall be implemented over a six month period on the twentieth day of each month commencing on February 20, 2021, which shall reflect a monthly amortization adjustment of 1/6 of the aggregate change in net orderly liquidation value (expressed as a percentage of cost of the applicable Inventory) set forth in the Specified Appraisal when compared to the Inventory appraisal delivered most recently prior to the Specified Appraisal.