Inventory Advance Rate definition

Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.
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Inventory Advance Rate means 90%.
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Inventory Advance Rate means 75%.
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Examples of Inventory Advance Rate in a sentence

  • In further clarification of the foregoing, upon the expiration of the Additional Availability Period, the Inventory Advance Rate will be 25%.

  • Any interest not paid when due shall be compounded by being charged to Borrower’s Loan Account and shall thereafter constitute Revolving Credit Advances hereunder and shall accrue interest at the Base Rate plus the applicable Margin applicable for Inventory Advances with an Inventory Advance Rate of 92.5% hereunder.

  • Inventory as of: BNCB Ending inventory as of: BNCB Net Eligible Inventory BNCB Inventory Advance Rate: BNCB Net Eligible Rental Inventory BNCB Inventory Rental Advance Rate: MBS Beg.

  • During the Additional Availability Period, the Inventory Advance Rate set forth in Subsection 2.1(a)(ii) of the Loan Agreement will be increased to 35%, reverting back to 25% immediately upon the expiration of such Additional Availability Period.

  • In no event shall such Inventory Advance Rates be subject to increase as a result of such appraisals, provided that nothing contained herein shall impair the right of the Collateral Agent to increase the Inventory Advance Rate as set forth in the definition of such term..


More Definitions of Inventory Advance Rate

Inventory Advance Rate means the percentage(s) set forth in Section 1(b)(ii) of Schedule A.
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Inventory Advance Rate means sixty percent (60%).
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Inventory Advance Rate means (i) from October 1 through December 31 of each year, ninety-two and one half percent (92.5%), and (ii) at all other times, ninety percent (90%).
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Inventory Advance Rate means one hundred percent (100%).
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Inventory Advance Rate means the percentage(s) set forth in Section 1(b)(ii) of Annex I.
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Inventory Advance Rate means up to sixty percent (60%), or such lesser rate as the Lender in its sole discretion may deem appropriate from time to time.
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Inventory Advance Rate means (a) for Tranche A Loans, 90% and (b) for Tranche A-1 Loans, 95%.
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