Export-Related Inventory definition

Export-Related Inventory means the Inventory of Borrower located in the United States that has been purchased, manufactured or otherwise acquired by Borrower for sale or resale as Items, or to be incorporated into Items to be sold or resold pursuant to Export Orders.

Export-Related Inventory means the Inventory of Borrower located in the United States that has been purchased, manufactured or otherwise acquired by Borrower for resale pursuant to Export Orders.

Export-Related Inventory is defined in the Borrower Agreement.

Examples of Export-Related Inventory in a sentence

• In determining the Export- Related Borrowing Base, Borrower shall exclude therefrom Inventory which are not Eligible Export-Related Inventory or Eligible Export-Related Overseas Inventory and Accounts Receivable which are not Eligible Export-Related Accounts Receivable or Eligible Export- Related Overseas Accounts Receivable.

• Borrower shall promptly, but in any event within five (5) Business Days, notify Lender (a) if any then existing Export-Related Inventory no longer constitutes Eligible Export-Related Inventory or (b) of any event or circumstance which to Borrower's knowledge would cause Lender to consider any then existing Export-Related Accounts Receivable as no longer constituting an Eligible Export-Related Accounts Receivable.

• In determining the Export-Related Borrowing Base, Borrower shall exclude therefrom Inventory which are not Eligible Export-Related Inventory or Eligible Export-Related Overseas Inventory and Accounts Receivable which are not Eligible Export-Related Accounts Receivable or Eligible Export-Related Overseas Accounts Receivable.

• In determining the Export-Related Borrowing Base, Borrower shall exclude therefrom Inventory which is not Eligible Export-Related Inventory and Accounts Receivable which are not Eligible Export-Related Accounts Receivable.

• Eligible Export-Related Account and/or Eligible Export-Related Inventory.

More Definitions of Export-Related Inventory

Export-Related Inventory is defined in the EXIM Borrower Agreement.

Export-Related Inventory means all Export-Released Inventory (as defined in the Ex-Im Bank Borrower Agreement) of the Ex-Im Credit Party.

Export-Related Inventory has the meaning assigned to such term in the US Security Agreement.

Export-Related Inventory means the Inventory of Borrowers located in the United States that has been purchased, manufactured or otherwise acquired by Borrowers for sale or resale as Items, or to be incorporated into Items to be sold or resold pursuant to Export Orders.

Export-Related Inventory shall have the meaning specified in the Borrower Agreement.

Export-Related Inventory means all Export-Released Inventory (as defined in the Ex-Im Bank Borrower Agreement) of the Ex-Im Credit Party. “Export Order” has the meaning assigned to such term in the Ex-Im Bank Borrower Agreement. “Fast Track Loan Agreement” means the Fast Track Export Loan Agreement among the Ex-Im Borrowers, the other Domestic Loan Parties and the Ex-Im Revolving Lender, in form reasonably satisfactory to the Administrative Agent and the Ex-Im Revolving Lender, together with all amendments, modifications and supplements thereto. “Federal Funds Effective Rate” means, for any day, the weighted average (rounded upwards, if necessary, to the next 1/100 of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published on the next succeeding Business Day by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the average (rounded upwards, if necessary, to the next 1/100 of 1%) of the quotations for such day for such transactions received by the Administrative Agent from three Federal funds brokers of recognized standing selected by it. “Financial Officer” means the chief financial officer, principal accounting officer, treasurer or controller of the Company or any Loan Party, as the context indicates. “Foreign Collateral Documents” means, collectively, the agreements and documents granting a Lien to the Canadian Agent, for the benefit of the Canadian Agent and the Canadian Revolving Lenders, upon the Collateral of the Canadian Loan Parties as security for payment of the Canadian Obligations. “Foreign Lender” means any Lender that is organized under the laws of a jurisdiction other than that in which a Borrower is located. For purposes of this definition, the United States of America, each State thereof and the District of Columbia shall be deemed to constitute a single jurisdiction and Canada and each Province and Territory thereof shall be deemed to constitute a single jurisdiction. “Foreign Subsidiary” means any Subsidiary of the Company other than a Domestic Subsidiary.

Export-Related Inventory means all of the Borrower's Inventory which is intended to be sold pursuant to Export Orders. Unless the Export-related Inventory can be effectively segregated, for purposes of claim recoveries under the Master Guarantee Agreement, the Export-related Inventory will be determined on a PRO-RATA basis comparing as of the date of default the amount outstanding under the Loan with the aggregate amount outstanding under all other short term inventory financing of the Borrower. IF THE LENDER ELECTS TO SEPARATELY COLLATERALIZE THE TEN PERCENT (10%) PORTION OF THE LOAN NOT GUARANTEED BY EXIMBANK, THE LENDER SHALL FULLY DESCRIBE SUCH SEPARATE COLLATERAL IN SECTION 8 OF THIS NOTICE IN ORDER FOR THIS NOTICE TO BE CONSIDERED COMPLETE.