Inventory Availability means the lesser of (a) forty percent (40%) of the value of Companies’ Eligible Inventory (calculated on the basis of the lower of cost or market, on a first-in first-out basis) and (b) $2,000,000.
Inventory Availability means the amount of Loans against Eligible Inventory Laurus may from time to time make available to Companies up to the lesser of (a) fifty percent (50%) of the value of Companies’ Eligible Inventory (calculated on the basis of the lower of cost or market, on a first-in first-out basis) and (b) $750,000.
Inventory Availability means the amount of Revolving Credit Advances against Eligible Inventory Lender may from time to time make available to Borrowers up to the lesser of (a) $500,000, or (b) up to fifty percent (50%) of the value of Borrowers’ Eligible Inventory (calculated on the basis of the lower of cost or market, on a first-in first-out basis) or (c) the amount of Accounts Availability.
Examples of Inventory Availability in a sentence
The Lender shall have no obligation to make any Revolving Loan or issue any Letter of Credit if doing so would, after giving effect thereto, cause the Total Revolving Outstandings to exceed the lesser of (i) the Revolving Commitment and (ii) the Inventory Availability Amount.
On December 31, 1997, the Inventory Availability Sublimit shall increase to $6,600,000.
Learning from Inventory Availability Information: Evidence from Field Experiments on Amazon.
Such discipline may include limitation of or removal of rights to access Information Resources, suspension or termination of employment, or civil and criminal penalties such as fines and incarceration.
Your company being manufacturer of solar modules is having risks with levy of import duty and low tariff rates and the government policies.
More Definitions of Inventory Availability
Inventory Availability shall have the meaning given in Section 2.1 hereof.
Inventory Availability means the amount of Revolving Credit Advances against Eligible Inventory Lender may from time to time during the Term make available to Borrowers based upon the Inventory Advance Rate (calculated on the basis of the lower of cost or market, on a first-in first-out basis) but which shall not, in any event exceed at any time outstanding the lesser of (i) $4,000,000, and (ii) 50% of the then outstanding Loans.
Inventory Availability means the amount of Revolving Credit Advances against Eligible Inventory Laurus may from time to time during the Term make available to the Company up to the lesser of (a) $800,000, (b) up to forty percent (40%) of the value of Eligible Inventory (calculated at its orderly liquidation value) and (c) fifty percent (50%) of the Accounts Availability; provided, however, until such time as Laurus shall have completed an appraisal of the Inventory, which appraisal shall be completed no later than August 31, 2003, the Inventory Availability shall be zero ($0).
Inventory Availability. The term "Inventory Availability" shall have the meaning given such term in SUPPLEMENT A.
Inventory Availability shall have the meaning given such term in SUPPLEMENT A.
Inventory Availability means for each Debtor, the advance percentages applicable to raw material and finished goods inventory of such Debtor as specified in Section G of this Rider, multiplied by the lower of cost or market value of eligible and acceptable raw material and finished goods inventory of such Debtor, but not exceeding in the aggregate for all Debtors the limitation on the amount of Inventory Advances to all Debtors as specified in Section G of this Rider. PHOENIX LABORATORIES, INC. By: /s/ ------------------------------ Title: ExVP --------------------------- GREAT EARTH DISTRIBUTION, INC. By: /s/ ------------------------------ Title: ExVP --------------------------- BODYONICS, LTD. By: /s/ ------------------------------ Title: ExVP --------------------------- THE CIT GROUP/CREDIT FINANCE, INC. By: /s/ ------------------------------ Title: VICE PRESIDENT --------------------------- Schedule A
Inventory Availability means the lesser of (a) the sum of (i) the lesser of (A) fifty percent (50%) of the Xxxxxx Blue Book wholesale value of the Eligible Owned Inventory, or (B) cost, plus (ii) fifty percent (50%) of the Xxxxxx Blue Book wholesale value of the Eligible Repossession Inventory, and (b) the applicable Sublimit.