Eligible Parts and Supplies definition

Eligible Parts and Supplies has the meaning ascribed to it in Schedule 1 to Exhibit 4.9(e)(i), Exhibit 4.9(e)(ii) or Exhibit 4.9(e)(iii), as applicable.
Eligible Parts and Supplies means Eligible Inventory of the Company consisting of packaging, spare parts or supplies located in the United States and classified as such on the Company's (or any of its Borrowing Base Contributor's) accounting system; provided, however, that "Eligible Parts and Supplies" shall not include any perishable good or "food products" under and as defined in the UCC.
Eligible Parts and Supplies means that portion of the Borrower's equipment consisting of Parts and Supplies in which Bank has a first priority security interest.

Examples of Eligible Parts and Supplies in a sentence

  • Notwithstanding the foregoing, the Accounts, Short-Term Rentals, Parts and Supplies, Equipment and Real Estate of the Target shall not be included in Eligible Accounts, Eligible Short-Term Rentals, Eligible Parts and Supplies, Eligible Equipment and Eligible Real Estate without the prior written consent of Agent and Requisite Lenders.

  • With respect to such locations or warehouse space leased or owned as of the Closing Date and thereafter, if Agent has not received a landlord or mortgagee agreement or bailee letter as of the Closing Date (or, if later, as of the date such location is acquired or leased), the Eligible Parts and Supplies and Eligible Equipment at that location shall, in Agent's discretion, be subject to such Reserves as may be established by Agent in its reasonable credit judgment.

  • Subject to the terms and conditions of the Loan Agreement, as amended by this Second Amendment, the Bank agrees to make Revolving Loans to the Borrower up to the applicable Borrowing Base Amount and sublimit then in effect to finance the Borrower's acquisition of Eligible Parts and Supplies.

  • With respect to such locations or warehouse space leased or owned as of the Closing Date and thereafter, if Agent has not received a landlord or mortgagee agreement or bailee letter as of the Closing Date (or, if later, as of the date such location is acquired or leased), the Eligible Parts and Supplies and Eligible Equipment at that location shall, in Agent’s discretion, be subject to such Reserves as may be established by Agent in its reasonable credit judgment.

  • All of the Parts and Supplies owned by any Borrower and reflected in the most recent Borrowing Base Certificate delivered by such Borrower to Agent shall be "Eligible Parts and Supplies" for purposes of this Agreement, except any Parts and Supplies to which any of the exclusionary criteria set forth below applies.

  • Agent shall have the right, following five (5) days' prior written notice by Agent to Borrower Representative, to establish, modify, or eliminate Reserves against Eligible Parts and Supplies from time to time in its reasonable credit judgment.

  • The Contractor shall be responsible for purchasing and meeting, at its own cost, all the insurance requirements of his people who are to be deployed at site under the scope of this contract.

  • Notwithstanding anything to the contrary contained in this Agreement, until there has been a determination of Net Orderly Liquidation Value of Parts and Supplies, none of the Parts and Supplies shall be Eligible Parts and Supplies.

  • All Parts and Supplies Inventory must meet the qualifications set forth in subpart (i) of the definition of Eligible Parts and Supplies Inventory.

  • In addition, Agent reserves the right, at any time and from time to time after the Closing Date to adjust any of the criteria set forth below, to establish new criteria and to adjust advance rates with respect to Eligible Parts and Supplies in its reasonable credit judgment, subject to the approval of Supermajority Revolving Lenders in the case of adjustments, new criteria or changes in advance rates which have the effect of making more credit available.


More Definitions of Eligible Parts and Supplies

Eligible Parts and Supplies for purposes of this Agreement, except any Parts and Supplies to which any of the exclusionary criteria set forth below applies. Agent shall have the right, following five (5) days’ prior written notice by Agent to Borrower Representative, to establish, modify, or eliminate Reserves against Eligible Parts and Supplies from time to time in its reasonable credit judgment. In addition, Agent reserves the right, at any time and from time to time after the Closing Date to adjust any of the criteria set forth below, to establish new criteria and to adjust advance rates with respect to Eligible Parts and Supplies in its reasonable credit judgment, subject to the approval of Supermajority Revolving Lenders in the case of adjustments, new criteria or changes in advance rates which have the effect of making more credit available. Eligible Parts and Supplies shall not include any Parts and Supplies of any Borrower that:

Related to Eligible Parts and Supplies

  • Spare Parts has the meaning assigned to such term in the Pledge and Security Agreement.

  • Spares means a part or a sub-assembly or assembly for substitution which is ready to replace an identical or similar part or sub-assembly or assembly including a component or an accessory;

  • Eligible Finished Goods Inventory means all Finished Goods Inventory that is Eligible Inventory.

  • Systems and Equipment means any plant (including any central plant), machinery, transformers, duct work, cable, wires, and other equipment, facilities, and systems designed to supply heat, ventilation, air conditioning and humidity or any other services or utilities, or comprising or serving as any component or portion of the electrical, gas, steam, plumbing, sprinkler, communications, alarm, lab, security, or fire/life safety systems or equipment, or any other mechanical, electrical, electronic, computer or other systems or equipment which serve the Building and/or any other building in the Project in whole or in part.

  • Manufacturing Facility means buildings and structures, including machinery and equipment, the primary purpose of which is or will be the manufacture of tangible goods or materials or the processing of such goods or materials by physical or chemical change.

  • Manufacturing Facilities means facilities engaged in the mechanical or chemical transformation of materials or substances into new products and shall include:

  • Raw Materials means all raw materials, supplies, components and packaging necessary to manufacture and ship the Product in accordance with the Specifications, as provided in Exhibit A, but not including the API.

  • Routine patient care costs means Covered Medical Expenses which are typically provided absent a clinical trial and not otherwise excluded under the Policy. Routine patient care costs do not include:

  • Equipment with Specific Operational Limits means any Equipment related to the thermal oxidation of waste or waste derived fuels, fume incinerators or any other Equipment that is specifically referenced in any published Ministry document that outlines specific operational guidance that must be considered by the Director in issuing of a Certificate of Approval.

  • Finished Services means complete end-to-end services offered by Qwest to wholesale customers or retail End User Customers. Finished Services do not include Unbundled Network Elements or combinations of Unbundled Network Elements. Finished Services include Access Services, private lines, retail services, and resold services.

  • Long-term care facility means a nursing home, retirement care, mental care, or other facility or institution that provides extended health care to resident patients.

  • Airport Ground Support Equipment means vehicles and equipment used at an airport to service aircraft between flights.

  • Standard equipment means the basic configuration of a vehicle which is equipped with all the features that are required under the regulatory acts of the Contracting Party including all features that are fitted without giving rise to any further specifications on configuration or equipment level.

  • Consumables means where the context permits, Digital Print Consumables, Inkjet Printing System Consumables and Prepress Consumables.

  • Original manufacturer means the original component manufacturer, the original equipment manufacturer, or the contract manufacturer.

  • SAP Training Catalogue means the catalogue published by SAP containing details of SAP training courses and services.

  • Product Inventory means all inventory of the Product owned by Seller or its Affiliates as of the Closing, including raw materials, work-in-process, bulk form drug and finished Product.

  • Home improvement contract means an oral or written

  • Original equipment manufacturer means a company that manufactures products that it has designed from purchased components and sells those products under the company's brand name.

  • Long-term acute care facility (LTAC) means a facility or Hospital that provides care to people with complex medical needs requiring long-term Hospital stay in an acute or critical setting.

  • Qualified machinery and equipment means all new industrial

  • MSAA Indicator Technical Specifications document means, as the context requires, either or both of the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Indicator Technical Specifications November 5, 2018 Version 1.3” and the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Target and Corridor-Setting Guidelines” as they may be amended or replaced from time to time;

  • Designated Equipment means any equipment designated in the SLA, upon which the Licensed System may be used; Documentation means operating manuals and other printed materials which assist the Customer to use the Licensed System including any technical and user software material as published by Pentana Solutions; Escalation Request is as set out in the SLA;

  • Ancillary equipment means any device including, but not limited to, such devices as piping, fittings, flanges, valves, and pumps, that is used to distribute, meter, or control the flow of hazardous waste from its point of generation to a storage or treatment tank(s), between hazardous waste storage and treatment tanks to a point of disposal onsite, or to a point of shipment for disposal off-site.

  • Live parts means conductive part(s) intended to be electrically energized under normal operating conditions.

  • Seller Products means all products and services that are being manufactured or performed by Seller at any time, other than Logic Business Products that are being manufactured or performed by Seller as of the Closing Date.