Capitalized Variance definition
Capitalized Variance means, (A) in the case of raw materials, a reduction equal to 5.5% of the amount of Eligible Inventory consisting of raw materials, and (B) in the case of finished goods, an increase equal to the lesser of $13,000,000 and 10% of the amount of Eligible Inventory consisting of finished goods.
Capitalized Variance means such amount or percentage reduction (in the case of raw materials) or increase (in the case of finished goods) as may be determined pursuant to the ▇▇▇▇▇ ▇▇▇▇▇▇ inventory reports delivered to the Agent from time to time pursuant to Section 8.12(f) (which increase, in the case of finished goods, shall not exceed $13,000,000).