Inventory Advance Rate definition

Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.
Inventory Advance Rate means 90%.
Inventory Advance Rate means 75%.

Examples of Inventory Advance Rate in a sentence

  • The Receivables Advance Rate will never exceed 85% of Eligible Receivables, and the Inventory Advance Rates will never exceed the lesser of (A) 60% with respect to Finished Goods and 50% with respect to Raw Materials, or (B) the percentage derived from, and based upon, a maximum Inventory Advance Rate of 85% of the “Net Orderly Liquidation Value – Existing Channels” set forth on the then most recent Inventory appraisal.


More Definitions of Inventory Advance Rate

Inventory Advance Rate means sixty percent (60%).
Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(ii) hereof.
Inventory Advance Rate means (a) during the period from August 1 through November 30 of each calendar year, 92.5%, and (b) at all other times during such calendar year, 90%.
Inventory Advance Rate means one hundred percent (100%).
Inventory Advance Rate means the percentage(s) set forth in Section 1(b)(ii) of Schedule A.
Inventory Advance Rate means up to sixty percent (60%), or such lesser rate as the Lender in its sole discretion may deem appropriate from time to time.
Inventory Advance Rate means (a) for Tranche A Loans, 90% and (b) for Tranche A-1 Loans, 95%.