Eligible Raw Material Inventory means Inventory that qualifies as Eligible Inventory and consists of goods that are first quality raw materials.
Eligible Raw Material Inventory means Eligible Inventory consisting of raw materials (as determined in a manner acceptable to the Administrative Agent in its Permitted Discretion and consistent with past practices).
Eligible Raw Material Inventory. Inventory that qualifies as Eligible Inventory and consists of goods that are first quality raw materials excluding packaging, chemicals, screws, staples and other fasteners and wood scraps.
Examples of Eligible Raw Material Inventory in a sentence
The following definitions are deleted from Section 1.01 of the Agreement: Active Excess Inventory, Active No Requirement Inventory, Eligible Arden Finished Goods Inventory; Eligible Arden Raw Materials Inventory; Eligible Finished Goods Inventory; Eligible Gift Inventory, Eligible Inventory, Eligible Raw Material Inventory, FFI Accounting System, Historical Inventory, Intercreditor Agreement, Seller Preferred, Senior Notes and Slow Moving Inventory.
More Definitions of Eligible Raw Material Inventory
Eligible Raw Material Inventory means Inventory that qualifies as Eligible Inventory and consists of goods that are first quality raw materials consisting of orthobiologics products (but not spinal fusion hardware products).
Eligible Raw Material Inventory means, at any time, Eligible Inventory constituting raw materials used or consumed by the Loan Parties in the ordinary course of business in the manufacture or production of other Inventory.
Eligible Raw Material Inventory means Eligible Inventory Consisting of Raw Materials;
Eligible Raw Material Inventory means raw material Inventory of the Borrower meeting all of the requirements of clauses (a), (b), (c), (e), (f) and (g) of the definition of Eligible Inventory.
Eligible Raw Material Inventory means Eligible Inventory of (x) the U.S. Collateral Parties at such time, in the case of the U.S. Borrowing Base, or (y) the Canadian Collateral Parties at such time, in the case of the Canadian Borrowing Base, in each case consisting of raw materials (as determined in a manner acceptable to the Administrative Agent in its Permitted Discretion and consistent with past practices).
Eligible Raw Material Inventory means Inventory that qualifies as Eligible Inventory and consists of goods that are first quality raw materials to the extent such goods are used to prepare Eligible Work-in-Process Inventory; provided, however, that, anything to the contrary contained herein notwithstanding, the value of such Inventory shall not include the value of any labor or other services rendered to produce such Inventory or the cost of converting such Inventory into Eligible Work-in-Process Inventory.
Eligible Raw Material Inventory means all Eligible Inventory which is not Eligible Finished Goods Inventory.