Examples of Inventory Advance Rates in a sentence
It is also increasingly being recognised by Central Government as having a key role in delivering the UK’s strategy for dealing with climate change.
Each Borrower consents to any such increases or decreases and acknowledges that decreasing the Inventory Advance Rates or increasing the reserves may limit or restrict Advances requested by Borrowing Agent.
Agent may establish, in its discretion exercised in good faith, one or more additional Inventory Advance Rates which may be applied severally against specific categories or types of Eligible Inventory.
Bank may establish, in its discretion exercised in a commercially reasonable manner, one or more additional Inventory Advance Rates which may be applied severally against specific categories or types of Eligible Inventory.
The Receivables Advance Rate will never exceed 85% of Eligible Receivables, and the Inventory Advance Rates will never exceed the lesser of (A) 60% with respect to Finished Goods and 50% with respect to Raw Materials, or (B) the percentage derived from, and based upon, a maximum Inventory Advance Rate of 85% of the Net Orderly Liquidation Value – Existing Channels set forth on the then most recent Inventory appraisal.