Net Liquidation Percentage definition

Net Liquidation Percentage means the percentage of the book value of Borrowers’ Inventory that is estimated to be recoverable in an orderly liquidation of such Inventory net of all associated costs and expenses of such liquidation, such percentage to be as determined from time to time by an appraisal company selected by Agent.
Net Liquidation Percentage means the percentage of the perpetual value of each Credit Party’s Eligible Inventory that is estimated to be recoverable in an orderly liquidation of such Inventory as determined from time to time by a qualified appraisal company selected by Agent subject to Agent’s satisfactory review.
Net Liquidation Percentage means the percentage of the Value of a Borrower’s Inventory that is estimated to be recoverable in an orderly liquidation of such Inventory as set forth in the most recent acceptable appraisal received by Lender and upon which Lender may rely, net of all operating expenses and associated costs and expenses of such liquidation, such percentage to be as determined from time to time by an appraisal company selected or approved by Lender with such most recent acceptable appraisal to be in form, scope, methodology and content acceptable to Lender.

Examples of Net Liquidation Percentage in a sentence

  • Yes, no one, even the president is above the law (this was not an immunity issue).

  • In addition to the foregoing and subject to Section 2.11(c), Agent shall have the right to have Borrower's Inventory reappraised by a qualified appraisal company selected by Agent from time to time after the Closing Date for the purpose of redetermining the Net Liquidation Percentage of Eligible Inventory portion of its Collateral and, as a result, redetermining the Borrowing Base.

  • Patient Follows DirectionsPer Common Rule 45 CFR 46.116, University of Florida cannot accept Contract or Informed Consent Language that indicates the sponsor will not pay Subject Injury if the patient has not followed directions.

  • In addition to the foregoing, Lender shall have the right to have the Borrower's Inventory reappraised by a qualified appraisal company selected by Lender from time to time after the Closing Date for the purpose of re-determining the Net Liquidation Percentage of Borrower's Inventory and, as a result, re-determining the Borrowing Base.


More Definitions of Net Liquidation Percentage

Net Liquidation Percentage means the percentage of the value of Eligible Inventory that is estimated to be recoverable in an orderly liquidation of such Eligible Inventory, net of all associated costs and expenses estimated to be incurred in liquidation, such percentage to be as determined from time to time by an appraisal company selected by the Administrative Agent and the Collateral Agents and pursuant to an appraisal report acceptable to the Administrative Agent and the Collateral Agents (on which report the Administrative Agent and the Collateral Agents are expressly permitted to rely).
Net Liquidation Percentage means the percentage of the Value of Inventory or the appraised Value of Equipment, as the case may be, of the applicable Loan Party that is estimated to be recoverable net of all liquidation fees and expenses in an orderly liquidation of such Inventory or Equipment, as the case may be, each such percentage to be as determined from time to time by a qualified appraisal company selected by Agent after consultation with Administrative Borrower.
Net Liquidation Percentage means the percentage of book value estimated to be recoverable in an orderly liquidation of Borrowers' Inventory, such percentage to be as determined by a qualified appraisal company selected by Agent.
Net Liquidation Percentage means, as of any date of determination, the percentage of the book value of the Borrower's Inventory that is estimated to be recoverable in an orderly liquidation of such Inventory net of all associated costs and expenses of such liquidation, such percentage to be as determined from time to time by an appraisal company selected by the Agents. The Net Liquidation Percentage shall be calculated for (a) finished goods located in the United States, (b) all other Inventory located in the United States on a blended rate basis, (c) finished goods located in Mexico and (d) all other Inventory located in Mexico on a blended rate basis.
Net Liquidation Percentage means, with respect to Inventory, the percentage of the book value of the Borrower’s Inventory that is estimated to be recoverable in an orderly liquidation of such Inventory net of all associated costs and expenses of such liquidation, such percentage to be as determined from time to time by an appraisal company selected by Administrative Agent.
Net Liquidation Percentage has the meaning set forth in Section 1.1(a).
Net Liquidation Percentage means, as of any date of determination, the percentage of the value of the Borrowers' Inventory that is estimated to be recoverable in an orderly liquidation of such Inventory net of all associated costs and expenses of such liquidation, such percentage to be as reasonably determined from time to time by an appraisal company selected by the Agents.