Inventory Loan definition

Inventory Loan in the Loan Documents shall mean, singly and collectively, that certain $10,000,000 timeshare interval inventory loan and that certain $8,000,000 timeshare interval inventory loan provided by TFC to Borrower pursuant to that certain Amended and Restated Loan and Security Agreement dated as of March 5, 2004 by and between Borrower and TFC, as the same may hereafter be amended from time to time.
Inventory Loan in the Loan Agreement shall mean, singly and collectively, that certain $10,000,000 timeshare interval inventory loan and that certain $8,000,000 timeshare interval inventory loan provided by TFC to Borrower pursuant to that certain Amended and Restated Loan and Security Agreement dated as of March 5, 2004 by and between Borrower and TFC, as the same may hereafter be amended from time to time.
Inventory Loan means individually and “Inventory Loans” shall mean collectively each Revolving Loan disbursed by Lender directly to Vendors solely for the acquisition of Inventory subject to an Approval by Borrower from the Vendors.

Examples of Inventory Loan in a sentence

  • Additionally, if the applicant wishes to take University equipment off campus during the sabbatical leave, an Inventory Loan Agreement must be completed, approved, and filed in the administrative office of the loaning unit, before any equipment is removed.

  • The occupiers of 6 Farm Avenue have raised the following objections:- Already a garage at the property with an ample driveway;- Building in the garden will be unsightly and increase noise levels with movement of cars in this quiet backwater;- Already a high incidence of burglaries.

  • Inventory Loan for a Condo Developer A primary applicant’s elderly mother owned a property in Vancouver that was in foreclosure and about to go to court to approve a sale $1,700,000 which would have provided no residual to the homeowner after mortgages and costs were paid.

  • The following Table applies where an Appendix 1B employee transfers to a position already classified in Appendix 1A and where the rate of pay for the employee’s Appendix 1B position falls within the minimum/maximum pay points of the Appendix 1A grade.

  • In connection with the Inventory Loan, the Guarantors executed that certain Inventory Loan Guaranty dated as of September 27, 2018 (the “Inventory Guaranty”).


More Definitions of Inventory Loan

Inventory Loan means that certain loan made by Inventory Loan Lender to the Inventory Loan Borrower pursuant to the Inventory Loan Promissory Note, as amended, restated, supplemented, replaced, renewed, extended or otherwise modified from time to time.
Inventory Loan means that certain $10,000,000 time share interval inventory loan provided by TFC to Borrower pursuant to that certain Loan and Security Agreement dated December 16, 1999 by and between TFC and Borrower, as amended by the First Amendment to Loan and Security Agreement dated April 17, 2001 and as further amended by the Second Amendment to Loan and Security Agreement dated of even date herewith (the "INVENTORY LOAN AGREEMENT").
Inventory Loan means either the Secured Inventory Loan or the Unsecured Inventory Loan, whichever is applicable.
Inventory Loan. Cap shall mean the lesser of $7,000,000 or the aggregate amount of advances outstanding resulting from the Borrowing Base percentage advance against Eligible Receivables of Pharmaceutical Formulations, Inc. and Konsyl Pharmaceuticals, Inc. Issuing Bank shall mean the bank issuing Letters of Credit for the Company.
Inventory Loan. CAP shall mean the amount of $35,000,000."
Inventory Loan means, as the context requires, singly each Advance and collectively all Advances made by Lenders to Borrower under or pursuant to this Agreement.
Inventory Loan the revolving line of credit loan made pursuant to -------------- Article 2. ---------