Foreign Inventory definition

Foreign Inventory means any Inventory located outside the United States and the territories or possessions of the United States that does not constitute Eligible In-Transit Inventory included by Lead Borrower within the Permanent Borrowing Base.

Foreign Inventory mean the Inventory of the Borrower and any Foreign Subsidiary that is not located in the United States of America (other than any territory thereof), any state thereof or the District of Columbia.

Foreign Inventory means any and all now owned or hereafter acquired inventory, goods, merchandise, and other tangible personal property intended for sale or lease in the ordinary course of business, in the custody or possession, actual or constructive, of the Foreign Subsidiaries, or in transit to the Foreign Subsidiaries, including such inventory as is on consignment to third party consignees, leased to customers of the Foreign Subsidiaries, or otherwise temporarily out of the custody or possession of the Foreign Subsidiaries excluding any Consignment Inventory.

Examples of Foreign Inventory in a sentence

• The loan is supported by the Accounts Receivable Insurance and Foreign Inventory Guarantee Program of Export Development Canada (“EDC”).

• Effect of changes in Exchange rates (IndAS-21)Transactions relating to Foreign Inventory Procurements and closing balances of certain foreign currency monetary items have not been translated at the date of transaction/in accordance with the provisions of IND AS due to complexity of transactions.

• Transactions relating to Foreign Inventory Procurements and closing balances of certain foreign currency monetary items have not been translated at the date of transaction/in accordance with the provisions of Ind AS due to complexity of transactions.

• Notwithstanding anything in this Agreement to the contrary, Buyer shall not be entitled to any adjustment in Purchase Price or other credit for any Obsolete Inventory included in Foreign Inventory.

• Pursuant to the terms of the auction, the winning bidder would be entitled to receive any collections from the Assets from the date of the beginning of the auction (September 3), through the closing date, which was anticipated to be October 4, 2021.1 1 This is to ensure that the winning bidder receives the benefit of the portfolio which formed the basis of their bid.

More Definitions of Foreign Inventory

Foreign Inventory means any Inventory located outside of the United States of America or Canada.

Foreign Inventory means Inventory of Borrowers and their Subsidiaries located at or in transit to Foreign Facilities.

Foreign Inventory has the meaning specified in Section 2.3(j).

Foreign Inventory is defined in Section 2.2(c).

Foreign Inventory means Inventory located outside the U.S. Foreign Lender: any Lender that is organized under the laws of a jurisdiction other than the laws of the United States, or any state or district thereof. Foreign Plan: any employee benefit plan or arrangement (a) maintained or contributed to by any Obligor or Subsidiary that is not subject to the laws of the United States; or (b) mandated by a government other than the United States for employees of any Obligor or Subsidiary.

Foreign Inventory means all inventory (including raw materials) of the Obligors’ purchased by an Obligor from a vendor not located in the United States for resale in the United States and in transit to an Obligor, provided that such Obligor has ownership and title of such inventory and such inventory is covered by one or more insurance policies provided by one or more insurance carriers acceptable to the Lenders which name the Administrative Agent as loss payee and additional insured, and which provide for at least thirty (30) day’s prior written notice to the Administrative Agent of any modification or cancellation of such policies.

Foreign Inventory means Inventory located outside of Canada and the United States of America.