Common use of Value of Eligible Inventory Clause in Contracts

Value of Eligible Inventory. The Value of Eligible Inventory is the lower of the Eligible Inventory's cost or fair market value as determined by consistently applied generally accepted accounting principles under the and any additional written valuation guidelines you provide me.

Appears in 3 contracts

Samples: Commercial Loan Agreement (Widepoint Corp), Commercial Loan Agreement (Widepoint Corp), Commercial Loan Agreement (Widepoint Corp)

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Value of Eligible Inventory. The Value of Eligible Inventory is the lower of the Eligible Inventory's ’s cost or fair market value as determined by consistently applied generally accepted accounting principles under the and any additional written valuation guidelines you provide me.

Appears in 2 contracts

Samples: Commercial Loan Agreement (Widepoint Corp), Commercial Loan Agreement (Widepoint Corp)

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Value of Eligible Inventory. The Value of Eligible Inventory is the lower of the Eligible Inventory's cost or fair market value as determined by consistently applied generally accepted accounting principles under the first-in-first-out (FIFO) method and any additional written valuation guidelines you provide me.

Appears in 1 contract

Samples: Commercial Loan Agreement (Elecsys Corp)

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