Outside Processor definition
Outside Processor means any Person that provides processing services with respect to Qualified Inventory owned by a Credit Party and on whose premises Qualified Inventory is located, which premises are neither owned nor leased by such Credit Party.
Outside Processor means any Person that provides processing services with respect to Qualified Inventory owned by the Borrower and on whose premises Qualified Inventory is located, which premises are neither owned nor leased by the Borrower.
Outside Processor means any Person, other than the Servicer or its Affiliates, which provides processing services with respect to raw materials or other Purchased Inventory owned by LTV Steel Products.
More Definitions of Outside Processor
Outside Processor means any Person, other than an Inventory Entity or its Affiliates, who provides processing services with respect to Raw Materials or other Inventory owned by an Inventory Entity.