Definition of Temporary Eligible Glass


Temporary Eligible Glass means the glass bottles purchased between 3/31/16 and 9/30/16 exclusively for the seasonal promotional program for Trader Joe's, and other customer programs approved by Lender.

Examples of Temporary Eligible Glass in a sentence

The following new clause "(d)" is added to the end of the definition of "Borrowing Base" is Section 1 of the Schedule as follows: (d) 100% (the "Temporary Glass Advance Rate" and also an Advance Rate) of the value of Temporary Eligible Glass and Prepayments on Temporary Eligible Glass.