Inventory Account definition

Inventory Account has the meaning given to it in Section 5.4(f).
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Inventory Account means a written or electronic record maintained by Pledgor in its own name or in the name of a third party, which records any or all of natural uranium, enriched uranium, separative work units and other nuclear material or components held by or for Pledgor that is owned by the named account holder.
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Inventory Account means a written or electronic record maintained by a Pledgor in its own name or in the name of a third party, which records natural uranium, enriched uranium, separative work units and/or other nuclear material or components held by or for Pledgor that is owned by the named account holder.
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Examples of Inventory Account in a sentence

  • The balance of material credited to this Inventory Account shall be reconciled monthly.

  • Pledgor shall establish, in its own name, an Inventory Account to which all Pledgor-owned uranium and SWU Component in the Inventory shall be credited.

  • Each Pledgor shall establish, in its own name, an Inventory Account to which all Pledgor-owned uranium and SWU Component in the Inventory shall be credited.

  • The balance of material credited to this Inventory Account shall be reconciled monthly, or more often as may reasonably be requested by the Agent under the Credit Agreement, as part of the Borrowing Base calculation.

  • Notwithstanding anything in this Section 4.6, the only representation and warranty made by BHC with respect to the Inventory Account reflected on the Financial Statements or on the Interim Balance Sheet is set forth in Section 4.10.

  • Borrower will cause TNF Canada to apply proceeds of the collections of its Accounts and any Permitted Canadian Financing to the payment of the Intercompany Inventory Account and other Indebtedness owed to Borrower.

  • All Insurance Proceeds will be deposited into the Insurance Proceeds Account; provided that for purposes of this Section 5 (Insurance and Takings) before Tesoro Hawaii opens the Insurance Proceeds Account, all references to the Insurance Proceeds Account will be deemed to be references to the Inventory Collateral Holding Account and all references to the Inventory Account Bank will be deemed to be references to the Inventory Collateral Agent.

  • The other institutions will initially receive the receivables, deduct their fees, charges, and payments and will then remit all the remaining funds including a statement of all funds received before deductions of any kind to the Inventory Account at the First State Bank.

  • Title to the Feed Material and the cylinders containing the Feed Material shall pass to DOE on the date that title to the EUP is transferred to Enrichment and the Feed Material shall be debited from Enrichment’s Inventory Account.

  • SUBORDINATION AGREEMENT Principal $750,000.00 Loan Date 08-26-2014 Maturity 11-07-2015 Loan No Call / Coll Inventory Account Officer *** Initials References in the boxes above are for Lender’s use only and do not limit the applicability of this document to any particular loan or item.


More Definitions of Inventory Account

Inventory Account means an account maintained by Wild Goose as the means by which Transactions entered into by the Parties are accounted for. Wild Goose may maintain more than one Inventory Account on behalf of Customer.
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Inventory Account means an account maintained by AECO Gas Storage and by which Transactions entered into by the Parties are accounted for. AECO Gas Storage may maintain more than one Inventory Account on behalf of Customer.
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Inventory Account means an account maintained by Lodi as the means by which Transactions entered into by the Parties are accounted for. Lodi may maintain more than one Inventory Account on behalf of Customer.
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Inventory Account means the line item captioned "Inventories" on the balance sheet of BHC and the Company.
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Inventory Account means an account maintained by Salt Plains as the means by which Transactions entered into by the Parties are accounted for. Salt Plains may maintain more than one Inventory Account on behalf of Customer;
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Related to Inventory Account

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Approved Deposit Account means a Deposit Account maintained by any Loan Party that is the subject of an effective Deposit Account Control Agreement. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Excluded Deposit Accounts means, collectively, (i) payroll and payroll taxes accounts, workers’ compensation accounts and other employee wage and benefit payment accounts and xxxxx cash accounts, (ii) trust accounts and (iii) deposit accounts other than Collection Accounts and Collateral Deposit Accounts (as each such term is defined in the Revolving Credit Agreement), so long as the aggregate amount on deposit in all such deposit accounts does not exceed $2,500,000 in the aggregate at any time.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Excluded Deposit Account means (a) any deposit account exclusively used for payroll, payroll taxes, and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such and (b) any Xxxxx Cash Accounts.

  • Facility Account means the account of Seller at Bank One, Account ---------------- No. 10-36987.

  • Management Accounts means unaudited accounts which shall incorporate a profit and loss statement, cash flow statement and balance sheet.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Locked Box Accounts means the unaudited, aggregated balance sheet of the Group as at the Locked Box Date, in the agreed form;

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Deposit Accounts means all “deposit accounts” as such term is defined in the UCC, now or hereafter held in the name of a Debtor.

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Inventory Formula Amount means the lesser of (i) 65% of the Value of Eligible Inventory; or (ii) 85% of the NOLV Percentage of the Value of Eligible Inventory.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Lock-Box Account With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed on all reinvestment income or gain thereon.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Excluded Accounts means any Xxxxx Cash Account and any other deposit account used for (a) funding payroll or segregating payroll taxes or funding other employee wage or benefit payments, (b) segregating 401(k) contributions or contributions to an employee stock purchase plan or (c) funding other employee health and benefit plans.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;