Inventory Advance Rate (Electronics) definition

Inventory Advance Rate (Electronics) means the percentages set forth in Section 1(b)(iii) of Schedule A. “Inventory Advance Rate (Technologies)” means the percentages set forth in Section 1(b)(iv) of Schedule A.
Inventory Advance Rate (Electronics) means the percentages set forth in Section 1(b)(iii) of Schedule A.

Related to Inventory Advance Rate (Electronics)

  • Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.

  • Advance Rate has the meaning assigned to such term in Section 5.13.

  • Credit Card Advance Rate means 90%.

  • Receivables Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(i) hereof.

  • Maximum Advance Rate means 80.0%.

  • Maximum Revolving Advance Amount means $30,000,000.

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • Committed Revolving Line means a credit extension of up to Two Million Dollars ($2,000,000).

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • Revolving Loan Availability means at any time the lesser of (a) the Revolving Loan Commitment or (b) the Borrowing Base Amount.

  • Canadian Borrowing Base means at any time an amount equal to the sum of the Dollar Equivalent of, without duplication:

  • 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.

  • Advance Rates shall have the meaning set forth in Section 2.1(a) hereof.

  • Borrowing Availability means, as of any date of determination, the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the aggregate Revolving Loan and Swing Line Loan then outstanding.

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Revolving Advance has the meaning given in Section 2.1.

  • Alternate Base Rate Advance means an Advance which bears interest at the Alternate Base Rate.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Canadian Base Rate Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Canadian Base Rate in accordance with the provisions of Article II.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(c). [Signature page follows.]

  • Borrowing Base Amount means:

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Adjusted Borrowing Base means the Borrowing Base minus the aggregate amount of Cash and Cash Equivalents included in the Borrowing Base.

  • Aggregate Borrowing Base means the aggregate amount of the U.S. Borrowing Base and the Canadian Borrowing Base; provided that the maximum amount of the Canadian Borrowing Base which may be included in the Aggregate Borrowing Base is the Canadian Sublimit.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.