Inventory Category definition

Inventory Category means each of the inventory categories set forth in Schedule A hereto.
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Inventory Category means a category of Inventory consisting of raw materials or finished goods that has been established by the Administrative Agent in its reasonable credit judgment; it being agreed and understood that the initial Inventory Categories shall be as set forth on Schedule 1.01(B) hereto.
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Inventory Category means any of (i) Raw Materials Inventory, (ii) Work-In-Process Inventory, or (iii) Finished and Semi-Finished Goods Inventory.
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Examples of Inventory Category in a sentence

  • A summary of the inventory categories is as follows:1 Disposable Category:1A Available for immediate sale 2 Hold Category:2A Engineering Hold 2B Public Agency Hold2C Administrative/Legal Hold 2D Environmental Hold 3 Entry Category:3 New excess land pending immediate clearance or pending hold category assignment 16.02.03.00 Inventory Category and Updating ELMS AccordinglyNew excess parcels are placed in Category 3 pending clearance and transfer to another category.

  • M., “Source Inventory Category # 1434, Portable Fuel Container Spillage,” undated.

  • Rates shall not be adjusted based on utilization levels that are below the minimum effective utilization of 80 percent or actual (whichever is higher) of the licensed or staffed capacity (whichever is less) of the program.

  • Table 3 Leadership Practices Inventory Category Questions Category: Questions: Model the Way (6)1, 6, 11, 16, 21, 26.Inspire a Shared Vision (6)2, 7, 12, 17, 22, 27.Challenge the Process (6)3, 8, 13, 18, 23, 28.Enable Others to Act (6)4, 9, 14, 19, 24, 29.Encourage the Heart (6)5, 10, 15, 20, 25, 30.

  • It is submitted that the finding is not consistent with the objective and undisputed facts that were placed before the Tribunal.

  • No later than forty-two (42) days after the Closing Date, Buyer shall deliver to Seller a report (the “Preliminary Inventory Report”) showing the Preliminary Inventory Level for each Inventory Category.

  • A summary of the inventory categories is as follows:1 Disposable Category:1A Available for immediate sale 2 Hold Category:2A Engineering Hold 2B Public Agency Hold2C Administrative/Legal Hold 2D Environmental Hold 3 Entry Category:3 New excess land pending immediate clearance or pending hold category assignment 16.02.03.00 Inventory Category and Updating ELMS Accordingly New excess parcels are placed in Category 3 pending clearance and transfer to another category.

  • U.S. Navy Inventory Accuracy Goals Broken Down by Inventory Category.

  • Transport Scotland also advised that in relation to an alternative proposal which would connect to Society Road further west, that this would be technically impractical and also impact on East Shore Wood which is listed on the Ancient Woodland Inventory (Category 1: ancient woodland of semi-natural origin) as shown on Figure 10.1b of the Environmental Statement24.

  • Percentage of Construction Trucks by Inventory Category MHDDT instate‌‌‌‌21‌HHDDT tractor20HHDDT single-unit‌40HHDDT CAIRP26 Next, staff evaluated the age distribution of construction trucks in VIUS and compared that to all trucks in VIUS.


More Definitions of Inventory Category

Inventory Category. , "Net Amount of Eligible Accounts", "Net Liquidation Percentage", "Net Liquidation Value", "Reserves" or "Total Commitment", without the written consent of each Lender. Notwithstanding the foregoing, no amendment, waiver or consent shall, unless in writing and signed by the Agent, affect the rights or duties of the Agent (but not in its capacity as a Lender) under this Agreement or the other Loan Documents.
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Inventory Category. Facility Availability", "Finished and Semi-Finished Goods Inventory", "Inventory", "Liquidity", "Maximum Discretionary Amount", "Maximum Discretionary Borrowing Base Amount", "Monthly Average Facility Availability", "OLV Percentage", "Raw Materials Inventory", "Revolving Loan Commitments", "Total Utilization of Revolving Loan Commitments" or "Work-In-Process Inventory". In addition, (i) any amendment, modification, termination or waiver of any of the provisions contained in Section 4 shall be effective only if evidenced by a writing signed by or on behalf of the Administrative Agent, the Collateral Agent and Requisite Lenders, (ii) no amendment, modification, termination or waiver of any provision of any Note shall be effective without the written concurrence of the Lender that is the holder of that Note, (iii) no amendment, modification, termination or waiver of any provision of subsection 2.1A(iv) or of any other provision of this Agreement relating to the Swing Line Loan Commitment or the Swing Line Loans shall be effective without the written concurrence of Swing Line Lender, (iv) no amendment, modification, termination or waiver of any provision of Section 3 shall be effective without the written concurrence of the Administrative Agent and, with respect to the purchase of participations in Letters of Credit, without the written concurrence of each Issuing Lender that has issued or arranged for the issuance of an outstanding Letter of Credit or has not been reimbursed for a payment under a Letter of Credit, (v) no amendment, modification, termination or waiver of subsection 2.4C shall be effective without the written concurrence of each Agent, Lender, Swing Line Lender, or Issuing Lender that, in each case, is adversely affected thereby, and (vi) no amendment, modification, termination or waiver of any provision of Section 10 or of any other provision of this Agreement that, by its terms, expressly requires the approval or concurrence of the Administrative Agent or of the Collateral Agent shall be effective without the written 148 CREDIT AGREEMENT concurrence of the Administrative Agent or the Collateral Agent or both of them, as applicable. Each of the Administrative Agent and the Collateral Agent may exercise its discretion in good faith, and its doing so shall not be deemed to be an amendment, consent, waiver or other modification requiring the approval of any other Lender. The Administrative Agent may, but shall have no obligation to, with the conc...
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Inventory Category. Reserves" and "Net Liquidation Percentage" unless the same shall be in writing and signed by the Administrative Agent, subject to the approval of each Revolving A Lender in the case of amendment, waiver or consent which has the effect of making more credit available. Notwithstanding the foregoing, no amendment, waiver or consent shall, unless in writing and signed by the Administrative Agent affect the rights or duties of the Administrative Agent (but not in its capacity as a Lender) under this Agreement or the other Loan Documents and no amendment, waiver or consent shall, unless in writing and signed by the Collateral Agent affect the rights or duties of the Collateral Agent (but not in its capacity as a Lender) under this Agreement or the other Loan Documents.
Sample 1
Inventory Category means a category of Inventory comprised of Live Plants Inventory, Lawn & Garden, Home Decor Inventory, Floral & Crafts Inventory or Christmas Decoration Inventory.
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Inventory Category has the meaning set forth in Section 2.05(b).
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Related to Inventory Category

  • Eligible Finished Goods Inventory means Inventory that qualifies as Eligible Inventory and consists of first quality finished goods held for sale in the ordinary course of Borrowers’ business.

  • Inventory Formula Amount means (i) the lesser of (x) 75% of the Value of Eligible Inventory and (y) 85% of the NOLV Percentage of the Value of Eligible Inventory plus (ii) the lesser of (x) the lesser of (1) 75% of the Value of Eligible In-Transit Inventory and (2) 85% of the NOLV Percentage of the Value of the Eligible In-Transit Inventory and (y) $10,000,000.

  • Eligible Inventory means, with respect to any Borrower, all Trailers (less than ten years old), Aircraft and Aircraft engines complying with Stage III noise reduction requirements, Railcars (less than twenty-five years old), marine containers (less than ten years old), and, if approved by the Requisite Lenders, other related Equipment, in each case that (a) is owned of record by such Borrower or a Marine Subsidiary of such Borrower (or jointly by such Borrower and one or more of the other Borrowers) or, subject to the approval of Agent, any Owner Trustee of which such Borrower is the sole beneficiary or owner (or is the beneficiary or owner jointly with one or more of the other Borrowers), as applicable, (b) is subject to a Lease acceptable to Agent in its sole discretion (as reviewed in full in connection with each requested borrowing hereunder), which Lease shall, at a minimum, (A) be non-cancelable, (B) be with a lessee of acceptable credit quality as determined by Agent, and (C) be of a firm term in excess of one (1) year, except that cargo-containers and Trailers may be on Utilization Leases; (c) has a value and marketability reasonably satisfactory to the Agent; and (d) is free and clear of all Liens, except (i) any interest of a lessee thereof pursuant to a Lease entered into with such Borrower or a Marine Subsidiary of such Borrower or such Borrower’s or such Marine Subsidiary’s predecessor in interest or such Owner Trustee or nominee entity, as lessor, or (ii) as otherwise permitted by Section 6.1, provided that any Liens of the type permitted under clause (ii) encumbering any item of Equipment shall not secure obligations in amounts which materially impair the equity value in such item of Equipment. Requisite Lenders in their sole discretion, on a case by case basis, may approve other items or types of Equipment for credit under "Eligible Inventory" from time to time. Equipment which is Eligible Inventory will cease to be Eligible Inventory at any time it no longer continues to meet all of the above requirements.

  • Transaction Category means the particular type of repurchase transaction effected hereunder, as determined with reference to the term of the transaction and the categories of Securities that constitute Eligible Securities therefor, which term shall include FICASH I Transactions, FICASH II Transactions, FICASH III Transactions, FITERM I Transactions, FITERM II Transactions, FITERM III Transactions, and such other transaction categories as may from time to time be designated by the Funds by notice to Seller, Custodian and Repo Custodian.

  • Product Category means the applicable category which best describes the product as listed in this Section 94508.

  • Inventory Value means with respect to any Inventory of a Loan Party at the time of any determination thereof, the standard cost determined on a first in first out basis and carried on the general ledger or inventory system of such Loan Party stated on a basis consistent with its current and historical accounting practices, in Dollars, determined in accordance with the standard cost method of accounting less, without duplication, (i) any markup on Inventory from an Affiliate and (ii) in the event variances under the standard cost method are expensed, a Reserve reasonably determined by the Agent as appropriate in order to adjust the standard cost of Eligible Inventory to approximate actual cost.

  • 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.

  • In-Transit Inventory means Inventory of a Borrower which is in the possession of a common carrier and is in transit from a Foreign Vendor of a Borrower from a location outside of the continental United States to a location of a Borrower that is within the continental United States.

  • Rating Category means one of the generic rating categories of any Rating Agency without regard to any refinement or gradation of such rating by a numerical modifier or otherwise.

  • Eligible In-Transit Inventory means, as of any date of determination thereof, without duplication of other Eligible Inventory, In-Transit Inventory:

  • Inventory Reserves means such reserves as may be established from time to time by the Administrative Agent, in its reasonable commercial discretion exercised in good faith and not inconsistent with past practice, with respect to changes in the determination of the salability, of the Eligible Inventory (or Eligible In-Transit Inventory, as the case may be) or which reflect such other factors as negatively affect the market value of the Eligible Inventory, but without duplication of any Tax Stamp Reserves.

  • Product Inventory means all inventory owned as of the Closing by Seller or any Affiliate thereof of finished Product that is in conformance with the Specifications and has an expiration date of October 1, 2016 or later, regardless of whether such inventory is held at a location or facility of Seller or any Affiliate (or of any other Person on behalf of Seller or any Affiliate, including in any of Seller’s warehouses, manufacturers, suppliers, distributors or consignees) or in transit to or from Seller or any Affiliate (or any such other Person).

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

  • Inventory control system means a system described in Section 4-41a-103.

  • Obligation Category means Payment, Borrowed Money, Bond, Loan, or Bond or Loan, only one of which shall be specified in the Standard, and:

  • Obsolete Inventory means items that have expired, are redundant or

  • Inventory Reserve means reserves established by the Administrative Agent to reflect factors that may negatively impact the Value of Inventory, including change in salability, obsolescence, seasonality, theft, shrinkage, imbalance, change in composition or mix, markdowns and vendor chargebacks.

  • Excluded Inventory shall have the meaning set forth in Section 2.4.