Inventory. "Inventory" definition

Inventory. "Inventory" means all "Inventory," as such term is defined in Section 9-109(4) of the Uniform Commercial Code, now or hereafter owned, acquired or held by the Borrower and, in any event, shall mean and include, but not be limited to, all inventory, merchandise, goods and other personal property now or hereafter owned by the Borrower which is held for sale, rental or lease or is furnished or is to be furnished under a contract of service or which constitutes raw materials, work in process or materials used or consumed or to be used or consumed in the Borrower's business, or the processing, packaging, delivery or shipping of the same, and all finished goods.
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Examples of Inventory. "Inventory" in a sentence

  • Eligible Inventory - Inventory owned by a Borrower that Agent, in its reasonable credit judgment, deems to be Eligible Inventory.

  • Total Ineligible Inventory $ Total Eligible Inventory (Inventory less Total Ineligible Inventory) $ Inventory Availability = the lesser of (i) 60% of Total Eligible Inventory and $ (ii) 85% of the Net Orderly Liquidation Value Borrower's Eligible Inventory) Borrowing Base (Accounts Availability plus Inventory Availability) $ BORROWING BASE CERTIFICATE O'SULLIVAN INDUSTRIES - VIRGINIA, INC.

  • Eligible Inventory - Inventory of a Borrower (other than ------------------ packaging materials and supplies, shipping containers, tooling, samples, displays and literature) which Agent, in its reasonable credit judgment, deems to be Eligible Inventory.

  • Eligible Inventory - Inventory owned by a Borrower that Agent, in its discretion, deems to be Eligible Inventory.

  • Total Ineligible Inventory $ Total Eligible Inventory (Inventory less Total Ineligible Inventory) $ Inventory Availability = the lesser of (i) 60% of Total Eligible Inventory and $ (ii) 85% of the Net Orderly Liquidation Value of Borrower's Eligible Inventory Borrowing Base (Accounts Availability plus Inventory Availability) EXHIBIT 4.9(d)(ii) BORROWING BASE CERTIFICATE O'SULLIVAN FURNITURE FACTORY OUTLET, INC.

  • Eligible Inventory - Inventory owned by a Borrower that Agent, in its Credit Judgment, deems to be Eligible Inventory.

  • Closing Date - as defined in Section 6.1. Coated Adhesive Film Inventory - Inventory consisting of rolls of coated adhesive film that is produced by the Adhesive Films Division of A▇▇▇▇ and that would be finished goods but for the completion of cutting of such film to customers' specifications.

  • Inventory - Inventory will transfer to QuickLogic in accordance with the terms outlined in the Transfer Plan.

  • Foreign In-Transit Inventory - Inventory of a Borrower that is in-transit from a Vendor of such Borrower from a location outside the continental United States to such Borrower or a location designated by such Borrower that is in the continental United States.

  • Inventory --------- Inventory consists primarily of pharmaceuticals and health care products and is stated at the lower of cost or market on a first-in-first-out basis.