Excess Inventory. That level of Inventory on hand determined by Bank to be in excess of a N/A months supply of Borrower’s requirements therefor unless, upon written notice by Bank, Bank in its discretion shall determine a greater or lesser level of Inventory.
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Samples: Loan Agreement (Sand Hills, Inc)
Excess Inventory. That level of Inventory on hand determined by Bank to be in excess of a N/A months twelve (12) month supply of Borrower’s requirements therefor unless, upon written notice by Bank, Bank in its discretion shall determine a greater or lesser level of Inventory.
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Samples: Loan Agreement (Industrial Services of America Inc /Fl)
Excess Inventory. That level of Inventory on hand determined by Bank to be in excess of a N/A twelve (12) months supply of Borrower’s requirements therefor unless, upon written notice by Bank, Bank in its discretion shall determine a greater or lesser level of Inventory.
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Excess Inventory. That level of Inventory on hand determined by Bank to be in excess of a Nn/A a months supply of Borrower’s Borrowers' requirements therefor unless, upon written notice by Bank, Bank in its discretion shall determine a greater or lesser level of Inventory.
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