Domestic Inventory definition

Domestic Inventory means, collectively with respect to any Credit Party, all “inventory” as defined in the UCC of such Credit Party located in the United States of America including, without limitation, all goods manufactured or acquired for sale and all raw materials, work-in-process and finished goods, and all supplies and goods, used or consumed in the operation of the business of such Credit Party, whether now or hereafter acquired, located in the United States of America.
Domestic Inventory means inventory owned by the Company or any Subsidiary and located in the United States.

Examples of Domestic Inventory in a sentence

  • Are International and Domestic Inventory Controls and Procedures consistent?Yes NoComputer Controls 1.

  • If at any time or times hereafter any Account Debtor returns any Domestic Inventory of any Credit Party the shipment of which generated an account on which such Account Debtor is obligated in excess of $250,000, the Borrower shall notify the Collateral Agent of the same immediately, specifying the reason for such return and the location and condition of the returned Domestic Inventory.

  • As used in this Agreement, the term "Borrowing Base" means at any time, an amount equal to the aggregate of (a) eighty-five percent (85%) of the amount of Eligible Domestic Receivables, plus (b) the lesser of (i) sixty- five percent (65%) of the amount of Eligible Domestic Inventory or (ii) Twenty-five Million Dollars ($25,000,000(Borrowing Base).

  • Skeletal muscle adaptations during early phase of heavy resistance traiing in men and women.

  • After normalization, statistics of the 1974 image were very similar to the 1992 image (table 2).


More Definitions of Domestic Inventory

Domestic Inventory means inventory located within the continental United States of America.
Domestic Inventory means Inventory (i) owned by the Company and (ii) located in the United States of America.
Domestic Inventory of a person means corporeal movable property that the person acquires in Québec or brings into Québec, for the purpose of selling the property separately for consideration in the ordinary course of a business carried on by the person;
Domestic Inventory means Inventory (i) owned by any Finlay Credit Party or Carlyle Credit Party and (ii) located in the United States of America.
Domestic Inventory means all Inventory other than Export Inventory.
Domestic Inventory means all inventory that is not Export-Related Inventory. "Export-Related Accounts" shall mean Accounts and related general intangibles of the Debtor arising from the sale of finished goods or services that are intended for export from the United States. "Export-Related Inventory" shall mean inventory of the Debtor that is located in the United States that has been purchased, manufactured or otherwise acquired by the Debtor for resale pursuant to a written export order or contract for the purchase by a buyer of finished goods or services that are intended for export from the United States. "Permitted Indebtedness" shall mean (a) with respect to the Texas Community Facility, $750,000 plus Default Expenses, (b) with respect to the Texas Mezzanine Facility, $500,000 plus Default Expenses and (c) with respect to the Bank of America Facility, $2,000,000 plus Default Expenses. "Default Expenses" shall mean, with respect to each Party's facility, accrued and unpaid interest, plus the amount of any advances made by such Party pursuant to such Party's loan documents to pay taxes or insurance premiums, to prevent waste or to otherwise preserve the condition of the Assets in which such Party has a security interest, plus all reasonable costs and expenses (including court costs and reasonable attorneys' fees) incurred by such Party in connection with its facility. "Accounts" shall mean (a) accounts (as defined in the UCC), other receivables, book debts and other forms of obligations, whether arising out of goods sold or services rendered or from any other transaction, (b) rights in, to and under all purchase orders or receipts for goods and services, (c) rights to any goods represented or purported to be represented by any of the foregoing (including unpaid sellers' rights of rescission, replevin, reclamation and stoppage in transit and rights to returned, reclaimed or repossessed goods), (d) moneys due or to become due to the Debtor under all purchase orders and contracts for the sale of goods or the performance of services or both by the Debtor (whether or not yet earned by performance on the part of the Debtor), including the proceeds of the foregoing; (e) any notes, drafts, letters of credit, insurance proceeds or other instruments, documents and writings evidencing or supporting the foregoing and (f) all collateral security and guarantees of any kind given with respect to any of the foregoing.
Domestic Inventory means a Borrower’s Inventory located in the United States.