Consignment Reserve definition

Consignment Reserve means a reserve in relation to Inventory at customer locations in an amount equal to $10,000,000.
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Consignment Reserve means an amount equal to fifteen percent (15.0%) of the Consignment Facility Indebtedness.
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Examples of Consignment Reserve in a sentence

  • At all times maintain Equity Precious Metal and/or the available face amount of all Letters of Credit (exclusive of Letters of Credit which are securing other Obligations hereunder in respect to outstanding Obligations under Section 2.10(d) hereof) which in the aggregate are at least equal to the Consignment Reserve.

  • For the period from and including the Closing Date through but excluding the first Determination Date, a Consignment Reserve Amount of $2,375,000 shall be used and applied as provided in the preceding sentence.

Related to Consignment Reserve

  • Rent Reserve means, with respect to any store, warehouse distribution center, regional distribution center or depot where any Inventory subject to Liens arising by operation of law is located, a reserve equal to two (2) months’ rent at such store, warehouse distribution center, regional distribution center or depot.

  • Replacement Reserve As defined in Section 9.5.1.

  • Replacement Reserve Fund shall have the meaning set forth in Section 7.3.1 hereof.

  • Replacement Reserve Account shall have the meaning set forth in Section 7.3.1 hereof.

  • Consignment means products which are either sent simultaneously from one exporter to one consignee or covered by a single transport document covering their shipment from the exporter to the consignee or, in the absence of such a document, by a single invoice;