Inventory Party definition

Inventory Party means Barclays Bank PLC.
Inventory Party means Barclays Bank PLC. Joinder Agreement has the meaning given to it in Section 10.5 (Additional Grantor).
Inventory Party means Barclays Bank PLC. Issuer has the meaning given to such term in paragraph (a) of the definition of Pledged Capital Stock. Joinder Agreement has the meaning given to it in Section 10.5 (Additional Grantor).

Examples of Inventory Party in a sentence

  • Notwithstanding anything to the contrary in this Agreement, this Agreement may be modified or supplemented or waived only by an instrument or instruments in writing consented to and signed by the Administrative Agent and the Inventory Party; provided that any such modification or supplement or waiver that would alter or affect the rights or duties of a Collateral Agent hereunder in any respect will require the consent of such Collateral Agent.

  • In each instance in which such written direction are requested, the relevant Collateral Agent will, subject to the other provisions of this Agreement, be required to take any such action or perform any such duties only if so directed by, in the case of the ABL Loan Collateral Agent, the Administrative Agent and, in the case of the Inventory Collateral Agent, the Inventory Party, and will have the right to decline such action or to perform such duties unless so directed.

  • On the Initial Borrowing Date, each Credit Party, the ABL Loan Collateral Agent (for and on behalf of the Secured Creditors) and the ABL Loan Collateral Agent (for and on behalf of Inventory Party) shall have duly authorized, executed and delivered the Intercreditor Agreement in the form of Exhibit Q (as amended, modified, restated and/or supplemented from time to time, the “Intercreditor Agreement”), and the Intercreditor Agreement shall be in full force and effect.


More Definitions of Inventory Party

Inventory Party has the meaning provided in the Intercreditor Agreement.

Related to Inventory Party

  • Consigned Inventory means Inventory of any Borrower that is in the possession of another Person on a consignment, sale or return, or other basis that does not constitute a final sale and acceptance of such Inventory.

  • 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.

  • Transferred Inventory has the meaning set forth in Section 1.1(e).

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • Obligated Party has the meaning assigned to such term in Section 10.02.

  • Specified Credit Party means any Credit Party that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 12.17).

  • Obligated Person means a general partner of a limited partnership, a partner of a general partnership, or a participant in or an owner of an interest in any other type of business enterprise who, under applicable law, is generally liable for the obligations of the business enterprise.

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • Auction Party has the meaning set forth in the definition of “Dutch Auction”.

  • Third Party Supplier means a third party manufacturer and/or licensor of Products.

  • Transferred Real Property has the meaning set forth in Section 1.1(p).

  • Borrower Products means all products, software, service offerings, technical data or technology currently being designed, manufactured or sold by Borrower or which Borrower intends to sell, license, or distribute in the future including any products or service offerings under development, collectively, together with all products, software, service offerings, technical data or technology that have been sold, licensed or distributed by Borrower since its incorporation.

  • Transferred Books and Records means, in respect of a Seller, all books, ledgers, files, reports, plans, records, manuals and other materials (in any form or medium) to the extent of, or maintained predominantly for, that Seller’s Contributed Business by that Seller’s Group (excluding its Target Group Companies) (other than emails), but excluding:

  • Excluded Books and Records has the meaning set forth in Section 2.2(a).

  • Product Inventory means all inventory owned as of the Closing by Seller or any Affiliate thereof of finished Product that is in conformance with the Specifications and has an expiration date of October 1, 2016 or later, regardless of whether such inventory is held at a location or facility of Seller or any Affiliate (or of any other Person on behalf of Seller or any Affiliate, including in any of Seller’s warehouses, manufacturers, suppliers, distributors or consignees) or in transit to or from Seller or any Affiliate (or any such other Person).

  • Excluded Inventory shall have the meaning set forth in Section 2.4.

  • Originating Party means the party within whose jurisdiction an application or registration is made or required.

  • Accounts Receivable Subsidiary means any Wholly Owned Subsidiary of the Company (i) which is formed solely for the purpose of, and which engages in no activities other than activities in connection with, financing accounts receivable of the Company and/or its Restricted Subsidiaries, (ii) which is designated by the Company as an Accounts Receivables Subsidiary pursuant to an Officers' Certificate delivered to the Trustee, (iii) no portion of Indebtedness or any other obligation (contingent or otherwise) of which is at any time recourse to or obligates the Company or any Restricted Subsidiary in any way, or subjects any property or asset of the Company or any Restricted Subsidiary, directly or indirectly, contingently or otherwise, to the satisfaction thereof, other than pursuant to (1) representations, warranties and covenants (or, any indemnity with respect to such representations, warranties and covenants) entered into in the ordinary course of business in connection with the sale (including a sale in exchange for a promissory note of or Equity Interest in such Accounts Receivable Subsidiary) of accounts receivable to such Accounts Receivable Subsidiary or (2) any Guarantee of any such accounts receivable financing by the Company or any Restricted Subsidiary that is permitted to be incurred pursuant to Section 4.06 and Section 4.07, (iv) with which neither the Company nor any Restricted Subsidiary of the Company has any contract, agreement, arrangement or understanding other than contracts, agreements, arrangements and understandings entered into in the ordinary course of business in connection with the sale (including a sale in exchange for a promissory note of or Equity Interest in such Accounts Receivable Subsidiary) of accounts receivable in accordance with Section 4.16 and fees payable in the ordinary course of business in connection with servicing accounts receivable and (v) with respect to which neither the Company nor any Restricted Subsidiary of the Company has any obligation (a) to subscribe for additional shares of Capital Stock or other Equity Interests therein or make any additional capital contribution or similar payment or transfer thereto other than in connection with the sale (including a sale in exchange for a promissory note of or Equity Interest in such Accounts Receivable Subsidiary) of accounts receivable to such Accounts Receivable Subsidiary in accordance with Section 4.16 or (b) to maintain or preserve the solvency, any balance sheet term, financial condition, level of income or results of operations thereof.

  • Acquired Party means the Company, any Subsidiary of the Company and any member of a Relevant Group.

  • Related Party(ies) means, with respect to any Person, such Person’s Affiliates, and the partners, members, shareholders, directors, officers, employees, agents, trustees and advisors of such Person and of such Person’s Affiliates.

  • Grantors have the respective meanings specified therefor in the preamble to this Agreement.

  • Obligors means the Borrower and the Guarantors.

  • Related Supplier means any person who provides services to the Customer which are related to the Services from time to time;

  • Specified Loan Party means any Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 10.11).

  • Excluded Equipment means (i) defibrillators, enhanced emergency medical kits and other medical equipment, (ii) airphones and other components or systems installed on or affixed to the Airframe that are used to provide individual telecommunications or electronic entertainment to passengers aboard the Aircraft, (iii) galley carts, beverage carts, waste containers, liquor kits, food tray carriers, ice containers, oven inserts, galley inserts, and other branded passenger convenience or service items, (iv) any items, equipment or systems leased by Company or any Permitted Lessee (other than items, equipment, or systems that are leased from Company pursuant to the applicable Lease) or owned by Company or any Permitted Lessee subject to a conditional sales agreement or a security interest (other than the security interest granted under the Indenture), and (v) cargo containers.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).