Eligible Retail Inventory definition

Eligible Retail Inventory means Eligible Inventory that is Retail Inventory.
Eligible Retail Inventory means Eligible Inventory that is Retail Inventory. For the avoidance of doubt, no Retail Inventory of Canada Sub shall constitute Eligible Retail Inventory.
Eligible Retail Inventory means Eligible Inventory constituting finished goods located at a retail location of a Borrower (or in transit to a retail locations subject to any Reserves that may be established by the Administrative Agent in its Permitted Discretion) to be sold by a Borrower in the ordinary course of business to the public at retail to consumers, excluding Eligible Raw Materials Inventory, Eligible Wholesale Finished Goods Inventory and Eligible Wholesale RSA Finished Goods Inventory.

Examples of Eligible Retail Inventory in a sentence

  • Before LUM, C.J., and NAKAMURA, PADGETT, HAYASHI and WAKATSUKI, JJ.

  • The Administrative Agent may, from time to time in the exercise of its Permitted Discretion, (x) establish, modify or eliminate Reserves and (y) adjust the eligibility criteria or establish new eligibility criteria with respect to Eligible Credit Card Receivables, Eligible Inventory, Eligible Raw Materials Inventory, Eligible Retail Inventory, Eligible Wholesale Finished Goods Inventory, Eligible Wholesale RSA Finished Goods Inventory and/or Eligible Wholesale Receivables.

  • The Administrative Agent may, from time to time in the exercise of its Permitted Discretion, (x) establish, modify or eliminate Reserves and (y) adjust the eligibility criteria or establish new eligibility criteria with respect to Eligible Credit Card Receivables, Eligible Inventory, Eligible Raw Materials Inventory, Eligible Retail Inventory, Eligible Wholesale Finished Goods Inventory, and/or Eligible Wholesale Receivables.

  • However, in this instance that may simply be because there was so much else to talk about.

  • The Agent at any time shall be ----- entitled to establish reserves against the Eligible Accounts Receivable, the Eligible Inventory and the Eligible Retail Inventory of the Borrower in the exercise of its Permitted Discretion to reflect the Agent's assessment of the performance of the Collateral and general credit considerations then affecting the Borrower.


More Definitions of Eligible Retail Inventory

Eligible Retail Inventory means Eligible Inventory to be sold to consumers in Frederick’s retail store locations, via the Website or through the catalog.
Eligible Retail Inventory means, as of any date of determination thereof, without duplication of other Eligible Inventory, items of Inventory of a Borrower or a Subsidiary Facility Guarantor that are (i) finished goods, merchantable and readily saleable to the public in the ordinary course (including goods manufactured by the Lead Borrower pursuant to, and commodity goods of, its Artistree division, custom floral goods and custom framing goods) or (ii) items of “non PI” Inventory that are finished goods, merchantable and readily saleable to the public in the ordinary course, and in each case which would otherwise constitute Eligible Inventory.
Eligible Retail Inventory means all Eligible Inventory other than Eligible Pharmacy Inventory.
Eligible Retail Inventory means Borrower's Inventory which would ------------------------- otherwise constitute Eligible Inventory but for the fact that it is located at a retail location of the Borrower; provided, however, that no Acknowledgment -------- Agreement shall be required with respect to retail locations leased by Borrower as a prerequisite to the inclusion of the inventory thereon as Eligible Retail Inventory. Environmental Law shall mean any federal, state or local law, statute, ----------------- ordinance, or regulation pertaining to health, industrial hygiene, or the environmental conditions on, under or about any real property owned, operated or leased by the Borrower or any Subsidiary thereof.
Eligible Retail Inventory. Such of the Borrowers' Retail Inventory as is located in the Borrowers' Warehouses located in New Jersey, or in any of the Borrowers' Retail Stores, and of such types, character, quality and quantities, as Collateral Agent in its reasonable discretion from time to time determines to be acceptable Collateral for inclusion in the calculation of the Borrowing Base, as to which the Collateral Agent has a perfected security interest that is prior and superior to all claims and all Encumbrances (other than Permitted Encumbrances, subject to the Collateral Agent's rights to establish Reserves therefore). Eligible Prepaid Inventory and Eligible L/C Inventory which would qualify as Eligible Retail Inventory but for the fact that such Inventory is in-transit, will be included as Eligible Retail Inventory up to amounts not to exceed the In-Transit Inventory Cap.
Eligible Retail Inventory means all finished goods inventory of the Credit Parties located in the Credit Parties' retail stores valued at the lower of cost (determined using the retail method of accounting) or market value, determined on a first-in-first-out basis, other than (i) inventory which is, in the Agent's reasonable opinion, obsolete or unmerchantable, (ii) inventory located at a business premises not located in the United States, (iii) inventory not subject to a perfected security interest in favor of the Agent,(iv) goods or materials which would not be classified as inventory on a balance sheet of the Credit Parties, (v) produce, (vi) floral products, (vii) seafood, (viii) meat and poultry, (ix) bakery products, (x) 25% of pharmacy goods, (xi) dairy products,
Eligible Retail Inventory means any Eligible Inventory located at, or in transit to, any retail store of a Borrower.