Certain Inventory Sample Clauses
Certain Inventory. The amount of Common Inventory included in the Assets is reasonably sufficient to operate the RC International Business and the Cott Business, on a combined basis, in each individual case as currently conducted by Seller and in compliance with the applicable Contracts listed on Schedule 1.1(a)(v) and the Cott Agreement, as applicable, without disruption.
Certain Inventory. All raw materials and work-in-progress inventory (collectively, the “Excluded Inventory”), which Excluded Inventory shall be retained by Seller for purposes of its performance under the Product Supply Agreement;
Certain Inventory. Any inventory for the Muse and Guava product lines of the Business.
Certain Inventory. Any items of Inventory that are consumed, sold or disposed of in the ordinary course of business of the Business until the close of business on the Effective Date (collectively, the "Excluded Inventory");
Certain Inventory. Notwithstanding anything in the Loan Agreement to the contrary, inventory of Borrowers consisting of Christmas Gift items which otherwise satisfies all other requirements for Eligible Inventory may be included in the calculation of the Borrowing Base prior to May 1, 2004 (the date on which such inventory would otherwise be eligible for inclusion in accordance with the Loan Agreement); provided, however, the maximum amount of such inventory included in the calculation of the Borrowing Base (prior to the application of the applicable advance rate and prior to May 1, 2004) shall not exceed Two Hundred Eighty-Five Thousand Dollars ($285,000.00).
Certain Inventory. One HL2 CO2 Heart Laser System from the Inventory, provided that such HL2 CO2 Heart Laser System, after the Closing, can only be sold by Sellers to one of the two named Persons listed on Schedule 1.2(c);
Certain Inventory. Sequa Chemicals will, within ninety days after the Closing Time and at its sole cost and expense, remove from the Jamestown Facility the items identified on Disclosure Schedule Part 5.15 .
Certain Inventory. All Inventory of the Seller not usable at the Facility in the Ordinary Course of Business within the 90 day period immediately following the Closing Date;
Certain Inventory. Any and all of Debtor’s goods held as inventory including, without limitation, all inventory acquired with funds loaned or provided by Secured Party for Debtor, whether due to draws under letters of credit issued at the application of Secured Party upon Debtor’s or a letter of credit beneficiary’s request to fund payment for inventory, as well as certain inventory already owned by Debtor acquired with other funds, all as more specifically described on Exhibit A, whether now owned or hereafter acquired, including without limitation, any and all such goods held for sale or lease or being processed for sale or lease in Debtor's business, as now or hereafter conducted, including all materials, goods and work in process, finished goods and other tangible property held for sale or lease or furnished or to be furnished under contracts of service or used or consumed in Debtor's business, along with all documents (including documents of title) covering such inventory. All of the aforesaid inventory acquired with funds loaned, provided or arranged by Secured Party shall hereinafter be collectively referred to as the “IRC Inventory”.
Certain Inventory. (a) Permit there to be Unsold Homes/Lots at any date in connection with its residential development business on the Island of Lanai other than (i) not more than 20 Unsold Homes/Lots at Manele Bay and (ii) not more than 20 Unsold Homes/Lots at The Lodge at Xxxxx.
(b) Permit Unsold Homes/Lots and Model Homes to exceed at any date 15% of Tangible Net Worth.
(c) Permit Model Homes (including Model Homes subject to sale and lease-back arrangements permitted by Section 6.03) to exceed at any date 60 in number.
(i) Permit the number of units of Unsold Inventory on June 30, 1997 or September 30, 1997, to exceed 55% of the total number of units sold during the period of 12 full months preceding such date.
(ii) Permit Unsold Inventory at December 31, 1997, to exceed a number of units equal to 45% of the total number of units of Unsold Inventory sold during the period of 12 full months preceding such date.
(iii) Permit Unsold Inventory at the last day of any fiscal quarter ending after December 31, 1997, to exceed the following number of units (based on the number of units of Unsold Inventory sold during the period 12 full months preceding such quarter-end): Unit Sales During Maximum Units Preceding 12 Months at Quarter-End ------------------- -------------- If 500 units or less 175 If more than 500, but 550 or less 193 89 If more than 550, but 600 or less 210 If more than 600, but 650 or less 228 If more than 650, but 700 or less 245 If more than 700, but 750 or less 263 If more than 750, but 800 or less 280 If more than 800, but 850 or less 298 If more than 850, but 900 or less 315 If more than 900, but 950 or less 333 If more than 950 units 350 PROVIDED, HOWEVER, that (A) if Unsold Inventory exceeds the maximum level specified in this Section 6.15(d) at the end of any single fiscal quarter, then the sole consequence thereof shall be that the percentage specified in clause (c) of the definition of Borrowing Base shall be automatically deemed reduced to 65% for the next succeeding fiscal quarter; (B) if Unsold Inventory exceeds the maximum level specified in this Section 6.15(d) at the end of two consecutive fiscal quarters, then the sole consequence thereof shall be that the percentage specified in clause (c) of the definition of Borrowing Base shall be automatically deemed reduced to 50% for the next succeeding fiscal quarter and each fiscal quarter thereafter until Unsold Inventory is in compliance with the maximum level specified in this Section 6.15(d); and (C)...