Inventory Valuation Date definition

Inventory Valuation Date means the last day of the most recent calendar quarter with respect to which the Borrower is required to have delivered a Borrowing Base Certificate pursuant to Section 6.1(d) hereof.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Inventory Valuation Date means (a) the last day of the most recent fiscal quarter of the Borrower with respect to which the Borrower is required to have delivered a Borrowing Base Certificate pursuant to Section 5.08(6) hereof or (b) if the Borrower elects pursuant to Section 2.01(d) or is required pursuant to Section 2.01(e) to deliver a Borrowing Base Certificate with respect to a calendar month subsequent to such most recent fiscal quarter, the last day of such subsequent calendar month.

Inventory Valuation Date means the last day of the most recent calendar month with respect to which the Borrower has or is required to have delivered a Borrowing Base Certificate pursuant to Section 6.1(f) hereof.

Examples of Inventory Valuation Date in a sentence

Within thirty-five (35) days after the end of each fiscal quarter, a Borrowing Base Certificate, with respect to the Inventory Valuation Date occurring on the last day of such fiscal quarter.
Within thirty-five (35) days after the end of each calendar month (without regard to whether the provisions of Sections 2.01.3 and 7.03 are then applicable), a Borrowing Base Certificate, with respect to the Inventory Valuation Date occurring on the last day of such calendar month.
The value of any other Purchased Assets shall be agreed to by Purchaser and Seller on or before the Inventory Valuation Date.
Within twenty-five (25) days (or, in the case of the last quarter of the fiscal year, thirty-five (35) days) after the end of each fiscal quarter, a Borrowing Base Certificate, with respect to the Inventory Valuation Date occurring on the last day of such fiscal quarter.
A physical inventory shall be taken of all ------------------- inventories of Seller on the date which is three (3) business days prior to the Closing Date (the "Inventory Valuation Date") under the supervision of representatives of Buyer.
Upon [such Borrowing OR the issuance, amendment or extension of such Facility Letter of Credit]*, the Permitted Senior Debt shall not exceed the Borrowing Base as set forth in the Borrowing Base Certificate delivered by the Borrower to the Agent as of the most recent Inventory Valuation Date, which Borrowing Base Certificate is true and correct as of such Inventory Valuation Date.

More Definitions of Inventory Valuation Date

Inventory Valuation Date means the last day of the most recent calendar month of the Borrower with respect to which the Borrower is required to have delivered a Secured Borrowing Base Certificate pursuant to Section 5.08(6) and Section 2.01.2(b)(ix).

Inventory Valuation Date means the close of business on the 14th, day of December, 2004;

Inventory Valuation Date means (a) the second (2nd) to last Tuesday of the most recent calendar month with respect to which the Borrower is required to have delivered a Borrowing Base Certificate pursuant to Section 6.3 hereof or (b) if Borrower elects, pursuant to Section 6.4 hereof, to deliver a Borrowing Base Certificate as of a later date, such later date.

Inventory Valuation Date means (a) the last day of the most recent

Inventory Valuation Date means (a) the last day of the most recent fiscal quarter of Borrower with respect to which the Borrower is required to have delivered a Borrowing Base Certificate pursuant to subsection 6.3 hereof or (b) if Borrower elects, pursuant to subsection 6.4, to deliver a Borrowing Base Certificate as of a later date, such later date.