HSBC London Inventory definition

HSBC London Inventory means Precious Metals Inventory of the Borrower maintained by, or credited to an account of the Borrower maintained by, HSBC Bank Xxx, 0 Xxxxxx Xxxxxx, Xxxxxx, Xxxxxx Xxxxxxx E145HQ, which is subject to no Liens other than the Liens of HSBC Bank Plc and the Administrative Agent, provided, that the amount of HSBC London Inventory included in the Borrowing Base at any time shall be reduced by the amount of all Indebtedness and other obligations owing by the Borrower to HSBC Bank Plc and/or HSBC Bank USA, National Association.
Sample 1
HSBC London Inventory means Precious Metals Inventory of the Borrower maintained by, or credited to an account of the Borrower maintained by, HSBC Bank Plc, 8 Canada Square, London, United Kingdom E145HQ, which is subject to no Liens other than the Liens of HSBC Bank Plc and the Administrative Agent.
Sample 1Sample 2Sample 3
HSBC London Inventory means Inventory of the Borrower which is Precious Metals maintained by, or credited to an account of the Borrower maintained by, HSBC Bank Plc, 8 Canada Square, London, United Kingdom E145HQ, which is subject to no Liens other than the Liens of HSBC Bank Plc and Agent, provided, that the amount of HSBC London Inventory included in the Borrowing Base at any time shall be reduced by the amount of all Debt and other obligations owing by the Borrower to HSBC Bank Plc and/or HSBC Bank USA, National Association.
Sample 1Sample 2

More Definitions of HSBC London Inventory

HSBC London Inventory means Precious Metals Inventory of the Borrower maintained by, or credited to an account of the Borrower maintained by, HSBC Bank
Sample 1Sample 2
HSBC London Inventory means Precious Metals Inventory of the Borrower maintained by, or credited to an account of the Borrower maintained by, HSBC Xxxx Xxx, 0 Xxxxxx Xxxxxx, Xxxxxx, Xxxxxx Xxxxxxx E145HQ, which is subject to no Liens other than the Liens of HSBC Bank Plc and the Administrative Agent.
Sample 1Sample 2

Related to HSBC London Inventory

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.