Ineligible Inventory definition

Ineligible Inventory means all Qualified Inventory described in one or more of the following clauses, without duplication:

Ineligible Inventory means, with respect to the U.S. Borrowers or the Canadian Borrower and any Canadian Subsidiary Guarantors, as applicable, at any date of determination, an amount equal to the sum of the following, without duplication:

Ineligible Inventory. Inventory of Borrowers that is not Eligible Inventory or Eligible In-Transit Inventory.

Examples of Ineligible Inventory in a sentence

• Total Ineligible Inventory $ Appendix 10: Electronic SignaturesSBA Lenders may use electronic signatures on SBA forms and other documents requiring signatures provided they comply with the performance standards outlined in this Appendix.

• If, in Company’s sole discretion, the inventory is deemed to be in condition not suitable for resale (“Ineligible Inventory”), payment is not warranted and Company will not buy back the Ineligible Inventory.

• The earlier a reporting party lodges an export, the more likely border processing will be finalised before the export date.Important Note: It is an offence under Section 114(7) of the Customs Act 1901, goods are considered to have been entered for export when an Export Declaration is lodged.

• Commissioner Bothell moved to approve the posting locations and the custodian of the minutes.

• But exploring new avenues for funds provision, and searching for means by which to assist in opening up private participation to a wider group of players, can only be seen as a worthwhile and important objective.

More Definitions of Ineligible Inventory

Ineligible Inventory means Inventory that is not Eligible Inventory.

Ineligible Inventory means, with respect to any Credit Party at any date of determination, an amount equal to the sum of the following, without duplication:

Ineligible Inventory means Inventory:

Ineligible Inventory means that Inventory of Borrower that is not subject to a first and prior Lien in favor of Bank, that Inventory that is subject to any Lien not in favor of Bank and that Inventory of Borrower as shall be deemed from time to time to be in the sole judgment of Bank, ineligible for purposes of determining the Borrowing Base. All other terms not defined herein shall have the respective meanings as in the Agreement. Borrower certifies that the above information and computations are true, correct, complete and not misleading as of the date hereof.

Ineligible Inventory has the meaning set forth in Section 1.12(b). "Ineligible Inventory Payment" has the meaning set forth in Section 1.12(b).

Ineligible Inventory means all inventory over fifty percent (50%) of Inventory which is subject to a Non-Permissible Licensing Agreement".

Ineligible Inventory means inventory which is not included in the Borrowing Base by the Lenders, such as obsolete inventory, and any other inventory which the Lenders determine as ineligible.