Foreign Inventory definition

Foreign Inventory mean the Inventory of the Borrower and any Foreign Subsidiary that is not located in the United States of America (other than any territory thereof), any state thereof or the District of Columbia.

Foreign Inventory means any Inventory located outside the United States and the territories or possessions of the United States that does not constitute Eligible In-Transit Inventory included by Lead Borrower within the Permanent Borrowing Base.

Foreign Inventory means any and all now owned or hereafter acquired inventory, goods, merchandise, and other tangible personal property intended for sale or lease in the ordinary course of business, in the custody or possession, actual or constructive, of the Foreign Subsidiaries, or in transit to the Foreign Subsidiaries, including such inventory as is on consignment to third party consignees, leased to customers of the Foreign Subsidiaries, or otherwise temporarily out of the custody or possession of the Foreign Subsidiaries excluding any Consignment Inventory.

Examples of Foreign Inventory in a sentence

• The aggregate amount of the payments made by Buyer's subsidiaries pursuant to this Section 2.4 is referred to herein as the "Aggregate Foreign Inventory Amount." Except as set forth in this Section 2.4(d), all sales of Inventory pursuant to this Section 2.4(d) shall be on the same terms and conditions as the sale of Inventory located in the United States.

• For purposes of this Agreement, Borrowing Base means an amount equal to the sum of (i) ninety percent (90%) of Exim Eligible Foreign Accounts plus (ii) fifty percent (50%) of the Exim Eligible Foreign Inventory.

• Schedule 6.14.5 contains an accurate and complete list of addresses outside the United States where any inventory of any Company is located, including Eligible Foreign Inventory.

• Each Borrowing Base Certificate shall contain information, in reasonable detail, as to (A) Eligible Foreign Receivables and Eligible US Receivables (updated, in each case, weekly) and (B) Eligible Foreign Inventory and Eligible US Inventory (updated, in each case, monthly).

• Foreign Inventory 27 ARTICLE VIII ADDITIONAL AGREEMENTS Section 8.1. Use of Names 27 Section 8.2. Tax Matters 28 Section 8.3. Employee Matters—Employees of Asset Sellers, Other Than UK 31 Section 8.4. Employee Matters—Employees of Brazil and Employees Employed at Swansea 34 Section 8.5. Securities Law Legends 35 Section 8.6. Insurance; Risk of Loss 36 Section 8.7. Collection; Post-Closing Remittances 36 Section 8.8. Post-Closing Assistance 36 Section 8.9. Non-Competition 37 Section 8.10.

More Definitions of Foreign Inventory

Foreign Inventory means Inventory located outside the United States.

Foreign Inventory means Inventory of Borrowers and their Subsidiaries located at or in transit to Foreign Facilities.

Foreign Inventory has the meaning specified in Section 2.3(j).

Foreign Inventory is defined in Section 2.2(c).

Foreign Inventory means all inventory (including raw materials) of the Obligors’ purchased by an Obligor from a vendor not located in the United States for resale in the United States and in transit to an Obligor, provided that such Obligor has ownership and title of such inventory and such inventory is covered by one or more insurance policies provided by one or more insurance carriers acceptable to the Lenders which name the Administrative Agent as loss payee and additional insured, and which provide for at least thirty (30) day’s prior written notice to the Administrative Agent of any modification or cancellation of such policies.

Foreign Inventory means Inventory located outside of Canada and the United States of America.

Foreign Inventory means Inventory located outside the U.S. Foreign Lender: any Lender that is organized under the laws of a jurisdiction other than the laws of the United States, or any state or district thereof. Foreign Plan: any employee benefit plan or arrangement (a) maintained or contributed to by any Obligor or Subsidiary that is not subject to the laws of the United States; or (b) mandated by a government other than the United States for employees of any Obligor or Subsidiary.