Eligible Lumber Inventory definition
Eligible Lumber Inventory means that portion of the Company's or any Restricted Subsidiary's inventory consisting of finished lumber or other building materials, raw materials and finished goods, which shall be free and clear of all liens and encumbrances, valued at the lesser of cost or market (calculated on a FIFO basis and in accordance with GAAP).
Eligible Lumber Inventory is defined in Section 2.6.
Eligible Lumber Inventory is defined in Section 2.3.
More Definitions of Eligible Lumber Inventory
Eligible Lumber Inventory is defined in Section 2.4.