Appraised Inventory Percentage definition

Appraised Inventory Percentage. Eighty-Five Percent (85%).
Appraised Inventory Percentage. Inventory Advance Rate" "Majority Lender" "Protective OverAdvance" "SuperMajority Lenders "Unanimous Consent"
Appraised Inventory Percentage. A percentage determined by the Agent from time to time which on average would not exceed Eighty Five Percent (85%) for any period of Twelve (12) consecutive fiscal months, provided, however, that at no time shall the Appraised Inventory Percentage be greater than Ninety Percent (90%).

Examples of Appraised Inventory Percentage in a sentence

  • The lesser of (i) the Cost of Eligible Inventory (net of Inventory Reserves to the extent not taken into account in setting the Inventory Advance Rate) MULTIPLIED BY the Inventory Advance Rate or (ii) the Appraised Inventory Percentage of the Appraised Inventory Liquidation Value.

  • The lesser of (i) the Cost of Eligible Non-US/Canadian Inventory (net of Inventory Reserves) multiplied by the Inventory Advance Rate or (ii) the Appraised Inventory Percentage of the Appraised Inventory Liquidation Value.

  • The lesser of (i) the Cost of Eligible In-Transit Inventory (net of Inventory Reserves) multiplied by the Inventory Advance Rate or (ii) the Appraised Inventory Percentage of the Appraised Inventory Liquidation Value.


More Definitions of Appraised Inventory Percentage

Appraised Inventory Percentage. For the period commencing on April 1 of each calendar year and ending on August 31 of each calendar year, Eighty-Seven and One-Half of One Percent (87.5%) and, at any other time during any calendar year, Eighty-Five Percent (85%).
Appraised Inventory Percentage. The following percentages during the periods indicated: ------------------------------------------- ------------------ PERIOD APPRAISED INVENTORY PERCENTAGE ------------------------------------------- ------------------ Closing Date through December 15, 2000 100% ------------------------------------------- ------------------ December 16, 2000 throughthe Maturity Date 90% ------------------------------------------- ------------------
Appraised Inventory Percentage. (a) December 15 through August 15: eighty-five percent (85%); (b) August 16 through December 14: ninety percent (90%).
Appraised Inventory Percentage. Initially set at 85%. The Lender, in its discretion, may permit an increase above the foregoing designated percentage, and may thereafter remove any such increase.
Appraised Inventory Percentage. Eighty-five percent (85%).
Appraised Inventory Percentage. As set forth on the Advance Rate Grid.
Appraised Inventory Percentage. Majority Lender" "Protective OverAdvance" "SuperMajority Lenders "Unanimous Consent" 156 -ACTIONS REQUIRING SWINGLINE LENDER CONSENT No action, amendment, or waiver of compliance with, any provision of the Loan Documents or of this Agreement which affects the SwingLine Lender may be undertaken without the Consent of the SwingLine Lender.