Inventory Account definition

Inventory Account has the meaning given to it in Section 5.4(f).
Sample 1Sample 2Sample 3
Inventory Account means a written or electronic record maintained by Pledgor in its own name or in the name of a third party, which records any or all of natural uranium, enriched uranium, separative work units and other nuclear material or components held by or for Pledgor that is owned by the named account holder.
Sample 1Sample 2Sample 3
Inventory Account means a written or electronic record maintained by a Pledgor in its own name or in the name of a third party, which records natural uranium, enriched uranium, separative work units and/or other nuclear material or components held by or for Pledgor that is owned by the named account holder.
Sample 1Sample 2Sample 3

Examples of Inventory Account in a sentence

  • The balance of material credited to this Inventory Account shall be reconciled monthly.

  • Pledgor shall establish, in its own name, an Inventory Account to which all Pledgor-owned uranium and SWU Component in the Inventory shall be credited.

  • Each Pledgor shall establish, in its own name, an Inventory Account to which all Pledgor-owned uranium and SWU Component in the Inventory shall be credited.

  • The balance of material credited to this Inventory Account shall be reconciled monthly, or more often as may reasonably be requested by the Agent under the Credit Agreement, as part of the Borrowing Base calculation.

  • Notwithstanding anything in this Section 4.6, the only representation and warranty made by BHC with respect to the Inventory Account reflected on the Financial Statements or on the Interim Balance Sheet is set forth in Section 4.10.

  • Borrower will cause TNF Canada to apply proceeds of the collections of its Accounts and any Permitted Canadian Financing to the payment of the Intercompany Inventory Account and other Indebtedness owed to Borrower.

  • All Insurance Proceeds will be deposited into the Insurance Proceeds Account; provided that for purposes of this Section 5 (Insurance and Takings) before Tesoro Hawaii opens the Insurance Proceeds Account, all references to the Insurance Proceeds Account will be deemed to be references to the Inventory Collateral Holding Account and all references to the Inventory Account Bank will be deemed to be references to the Inventory Collateral Agent.

  • The other institutions will initially receive the receivables, deduct their fees, charges, and payments and will then remit all the remaining funds including a statement of all funds received before deductions of any kind to the Inventory Account at the First State Bank.

  • Title to the Feed Material and the cylinders containing the Feed Material shall pass to DOE on the date that title to the EUP is transferred to Enrichment and the Feed Material shall be debited from Enrichment’s Inventory Account.

  • SUBORDINATION AGREEMENT Principal $750,000.00 Loan Date 08-26-2014 Maturity 11-07-2015 Loan No Call / Coll Inventory Account Officer *** Initials References in the boxes above are for Lender’s use only and do not limit the applicability of this document to any particular loan or item.


More Definitions of Inventory Account

Inventory Account means the statement of account of inventory, borrowing and lending of LNG pursuant to the TIUA, maintained by Operator on a daily basis.
Sample 1Sample 2Sample 3
Inventory Account means an account maintained by Wild Goose as the means by which Transactions entered into by the Parties are accounted for. Wild Goose may maintain more than one Inventory Account on behalf of Customer.
Sample 1
Inventory Account means an account maintained by AECO Gas Storage and by which Transactions entered into by the Parties are accounted for. AECO Gas Storage may maintain more than one Inventory Account on behalf of Customer.
Sample 1
Inventory Account means an account maintained by Lodi as the means by which Transactions entered into by the Parties are accounted for. Lodi may maintain more than one Inventory Account on behalf of Customer.
Sample 1
Inventory Account means the line item captioned "Inventories" on the balance sheet of BHC and the Company.
Sample 1
Inventory Account means an account maintained by Salt Plains as the means by which Transactions entered into by the Parties are accounted for. Salt Plains may maintain more than one Inventory Account on behalf of Customer;
Sample 1

Related to Inventory Account

  • Concentration Account has the meaning provided in Section 6.13(c).

  • 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.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Deposit Accounts means all “deposit accounts” as such term is defined in the UCC, now or hereafter held in the name of a Debtor.

  • Lock-Box Account With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed on all reinvestment income or gain thereon.

  • Excluded Accounts means (a) payroll accounts, (b) health savings accounts, worker’s compensation accounts and other employee benefits accounts, (c) payroll withholding tax accounts and other tax (including sales tax) remittance accounts and (d) any other account that is used solely as an escrow account or as a fiduciary or trust account and not otherwise prohibited under this Agreement or any other Loan Document.