Inventory Advance Rate definition

Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.

Inventory Advance Rate means 90%.

Inventory Advance Rate means 75%.

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%.

• Each Borrower consents to any such increases or decreases and acknowledges that decreasing the Inventory Advance Rate or increasing the reserves may limit or restrict Advances requested by a Borrower.

• Bank may, in its sole discretion, change the Inventory Advance Rate for Eligible Inventory on a case by case basis.

• 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..

• The Inventory Advance Rate may be increased or decreased by Agent at any time and from time to time in the exercise of its reasonable discretion.

More Definitions of Inventory Advance Rate

Inventory Advance Rate means sixty percent (60%).

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%).

Inventory Advance Rate means the percentage(s) set forth in Section 1(b)(ii) of Schedule A.

Inventory Advance Rate means one hundred percent (100%).

Inventory Advance Rate shall have the meaning set forth in Section 2.1(a) hereof.

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.

Inventory Advance Rate means (a) for Tranche A Loans, 90% and (b) for Tranche A-1 Loans, 95%.