Definition of Term Inventory Advance Rate


Term Inventory Advance Rate means fifteen percent (15%).

Examples of Term Inventory Advance Rate in a sentence

Advance Rates means the percentage rates set forth in the definitiondefinitions of Revolver Borrowing Base and Term Borrowing Base, as applicable (including, without limitation, the Term Inventory Advance Rate), as such percentage rates may be modified pursuant to Section 2.1(b).