Available Inventory definition

Available Inventory means, at any time the sum of:

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Available Inventory means, on any date, the lesser of (i) an amount equal to (x) the product of (1) 65% multiplied by (2) the sum of Eligible Inventory, less Inventory Reserves, less (y) Rent Reserves and (ii) 85% of the product of (x) the Net Recovery Rate in effect for the Inventory (based on the then most recent independent inventory appraisal) on such date of determination, multiplied by (y) the aggregate amount of gross domestic Inventory and Mexican Inventory (as reported in accordance with the Borrower’s general ledger and inventory system at such date of determination) as set forth in the most recent Borrowing Base Certificate.

Available Inventory means the LNG inventory available with PLL in relation to the Terminal.

Examples of Available Inventory in a sentence

• These Special Sites will be posted in the Qwest Available Inventory posting under “Unverified sites with equipment”.

• Qwest reserves the right to remove Qwest Postings from the Available Inventory web site to satisfy CLEC applications for Collocation, for Qwest space requirements, or for CLEC Collocation augments to existing sites.

• These Standard Sites will be posted in the Qwest Available Inventory posting under “Unverified Sites”.

• CLEC then has the option of canceling the application or submitting a change to the pending Available Inventory application that reflects the actual elements as determined by Qwest.

• The aforementioned Collocation Available Inventory Amendment is hereby replaced, in its entirety, with the terms, conditions and rates for Collocation Available Inventory, as set forth in Attachment 1 and Exhibit A, attached hereto and incorporated herein.

More Definitions of Available Inventory

Available Inventory means, at any time, the sum of:

Available Inventory at any date of determination shall be equal to the lesser of (i) an amount equal to 65% of Adjusted Eligible Inventory, less Rent Reserves or (ii) 85% of the product of (x) the Net Recovery Inventory Liquidation Rate in effect (based on the then most recent independent inventory appraisal) on such date of determination multiplied by (y) the aggregate amount of adjusted gross domestic Inventory of the Loan Parties as set forth in the most recent Borrowing Base Certificate.

Available Inventory means the inventory of Products available at a Motorola facility (including Motorola’s Affiliates and subcontractors) and/or in a Hub (if applicable), to be used to satisfy Backlog and Gross Demand.

Available Inventory means in respect of a User, at any given time, the quantity (in m3, MMBtu and kWh) that represents LNG and Regasified LNG held for such User’s account at the Terminal, excluding Expected Internal Use in respect of the relevant Reference Period, as notified by the Operator to such User from time to time.

Available Inventory at any date of determination shall be equal to the lesser of (i) an amount equal to 65% of each of Adjusted Eligible Finished Goods, Adjusted Eligible Work in Process and Adjusted Eligible Raw Material, less (d) Rent Reserves or (ii) 85% of the product of (x) the Net Recovery Liquidation Rate in effect (based on the then most recent independent inventory appraisal) on such date of determination multiplied by (y) the aggregate amount of gross domestic Inventory (as reported in accordance with the Company's perpetual inventory system at such date of determination) as set forth in the most recent Borrowing Base Certificate.

Available Inventory means, at any time, the lesser of (i) 70% of each Category of Eligible Inventory and (ii) the product of (x) 85% of the Orderly Liquidation Value Rate multiplied by (y) each Category of Eligible Inventory.

Available Inventory means, at any time, the lesser of (a) 75% (5% in the case of “stores inventory”) of each Category of Eligible Inventory and (b) the product of (x) 85% (70% in the case of High Seas Inventory) of the Orderly Liquidation Value Rate multiplied by (y) each Category of Eligible Inventory; provided that (i) Available Inventory shall in no event exceed 75% of Eligible Inventory, (ii) the amount of Available Inventory in respect of High Seas Inventory shall at no time exceed $150,000,000 and (iii) the amount of Available Inventory in respect of “stores inventory” shall at no time exceed $15,000,000.