Inventory Loans. Loans (the "Inventory Loans") in an amount up to the lesser of:
Inventory Loans. Sections 2 and 3 of the letter agreement with respect to inventory loans, dated as of July 31, 1992, between Congress and Borrower (the "Inventory Loan Letter") are hereby deleted in its entirety and the following substituted therefor:
Inventory Loans. An amount not to exceed the lesser of:
Inventory Loans. In the event Lender has agreed or hereafter agrees to provide loans to Borrower against any inventory of Borrower, such loans shall be upon the terms and conditions set forth in an Inventory Rider signed by Borrower and Lender (the "Inventory Rider") and shall constitute Obligations under this Agreement. Any such inventory loans shall not, when added to the outstanding Advances exceed the Maximum Credit.
Inventory Loans. (a) INVENTORY ADVANCE RATES. Paragraph 2 of the Letter re: Inventory Loans, dated March 23, 1990, by LPC in favor of Congress (the "Inventory Loan Letter"), as heretofore amended by the August 1, 1995 Amendment, is hereby amended by deleting the phrase "(i) up to sixty-five (65%) percent of the Value of eligible finished goods Inventory, (ii) up to fifty (50%) percent of the Value of eligible raw materials Inventory and (iii) up to thirty (30%) percent of the scrap value of eligible work-in- process Inventory" and replacing it with the following:
Inventory Loans. (a) During the period from May 1, 1996 through July 31, 1996, and only for such period, Section 2 of the letter re: Inventory Loans, dated December 31, 1994, by Xxxxxxxx in favor of Congress (the "Inventory Loan Letter") is hereby amended by replacing the reference to "fifty (50%) percent" with "sixty (60%) percent".
Inventory Loans. At any time after the issuance of the Amended DIP Financing Order, Purchaser shall have the right to make the secured loans to The Wiz Distributors, Ltd. provided for in this Section 2.6(c) (the "Inventory Loans"). Each Inventory Loan shall be made pursuant to the Amended DIP Financing Arrangements and shall have the following additional terms:
Inventory Loans. The lesser of 25% of the Value of Borrower's Eligible Inventory (as defined in Section 8 above) or $7,500,000. (VALUE, as used herein, means the lower of cost or wholesale market value.) plus
Inventory Loans. The term “Inventory Loans” shall mean collectively, the Inventory Loan A and the Inventory Loan B.
Inventory Loans. A revolving line of credit consisting of loans against Borrower's Eligible Inventory ('Inventory Loans') in an aggregate outstanding principal amount not to exceed the lesser of:
