Term Loan B-1 Reserve means, as of any date of determination, if at any time the Term B-1 Loans exceed the sum of clauses (i) through (iv) below, the greater of (a) $0 or (b) the amount, if any, by which the aggregate outstanding principal amount of all Term B-1 Loans exceeds the sum of (i) the amount equal to five (5%) percent of the face amount of Eligible Credit Card Receivables, plus (ii) the amount equal to five (5%) percent of the Net Recovery Percentage multiplied by the Value of Eligible Inventory, plus (iii) the amount equal to five (5%) of the Net Recovery Percentage multiplied by the Value of Eligible In-Transit Inventory, plus (iv) the amount equal to five (5%) of the Net Recovery Percentage multiplied by the Value of Eligible LC Inventory.