Overseas Inventory definition
Examples of Overseas Inventory in a sentence
In determining the Export-Related Borrowing Base, Borrower shall exclude therefrom Inventory which are not Eligible Export-Related Inventory or Eligible Export-Related Overseas Inventory and Accounts Receivable which are not Eligible Export-Related Accounts Receivable or Eligible Export-Related Overseas Accounts Receivable.
Such field examinations shall include an inspection and evaluation of the Export-Related Inventory and Export-Related Overseas Inventory, a book audit of Export-Related Accounts Receivable and Export-Related Overseas Accounts Receivable, a review of the Accounts Receivable Aging Reports and a review of Borrower’s compliance with any Special Conditions.
In determining the Export- Related Borrowing Base, Borrower shall exclude therefrom Inventory which are not Eligible Export-Related Inventory or Eligible Export-Related Overseas Inventory and Accounts Receivable which are not Eligible Export-Related Accounts Receivable or Eligible Export- Related Overseas Accounts Receivable.
Such field examinations shall include an inspection and evaluation of the Export- Related Inventory and Export-Related Overseas Inventory, a book audit of Export-Related Accounts Receivable and Export-Related Overseas Accounts Receivable, a review of the Accounts Receivable Aging Reports and a review of Borrower’s compliance with any Special Conditions.
All Export-Related Overseas Inventory relating to Specific Export Order(s).
The Board may also grant Restricted Stock Units with a deferral feature, whereby settlement is deferred beyond the vesting date until the occurrence of a future payment date or event set forth in an Award Agreement (“Deferred Stock Units”).
Such field examinations shall include an inspection and evaluation of the Export Related Inventory and Export-Related Overseas Inventory, a book audit of Export-Related Accounts Receivable and Export-Related Overseas Accounts Receivable, a review of the Accounts Receivable Aging Reports and a review of Borrower’s compliance with any Special Conditions.
The words “Export-Related Collateral” mean all Export-Related Inventory, Export-Related Overseas Inventory, Export-Related Accounts Receivable, Export-Related Overseas Accounts Receivable, Export-Related General Intangibles (but excluding any such general intangibles that may be included in the definition of Excluded Collateral (as defined in the Security Agreement)), and all Proceeds.
Borrower acknowledges that (i) subject to the limits set forth in Section 2.15 of the Borrower Agreement, Indirect Exports may be included as Items, and (ii) only upon satisfaction of certain requirements and conditions as set forth in Section 2.16 of the Borrower Agreement, Export-Related Overseas Accounts Receivable and Export-Related Overseas Inventory may be included in the Export-Related Borrowing Base.
If Borrower has not complied with (i) or (ii) above within thirty (30) days following ▇▇▇▇▇▇’s initial demand, Lender shall remove from the Export-Related Borrowing Base the portion of Eligible Export- Related Overseas Accounts Receivable or Eligible Export-Related Overseas Inventory that supports greater than fifty percent (50%) of the Export-Related Borrowing Base even if such action immediately requires Lender to make demand on Borrower in accordance with 4.06(e).