Inventory Threshold definition

Inventory Threshold has the meaning set forth in Section 3.3(c).
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Inventory Threshold an amount equal to twenty percent (20%) or more of the value of all of the Borrower’s and Subsidiary Guarantors’ inventory (valued at cost).
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Inventory Threshold means, as of any date of determination, the greater of (a) $20,000,000, and (b) the lesser of (i) $22,500,000, and (ii) the sum of (y) $20,000,000, plus (z) the aggregate amount of M&E Depreciation Amounts that have resulted in a reduction to the amount set forth in clause (a) of the definition of M&E Component since the Effective Date.
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Examples of Inventory Threshold in a sentence

  • This section lists materials in a product and the substances in each material based on the Inventory Threshold for each material.

  • Residuals or impurities with the potential to be present at or above the Content Inventory Threshold indicated that return a GS score of BM-1, LT-1, LT-P1 or NoGS have been disclosed, based on information provided in supplier disclosure letters, supplier SDS, and as predicted by process chemistry (Pharos CML).

  • In the event Purchaser does not deposit the Earnest Mxxxx xxth Title Company within three (3) business days of txx xxxxal execution of this Agreement, then this Agreement shall automatically terminate and be of no further force and effect.

  • No residuals or impurities are known or expected to be present at or above the Content Inventory Threshold indicated that have a GS score of BM-1, LT-1, LT-P1 or NoGS based on information provided in supplier disclosure letters, supplier SDS, and as predicted by process chemistry (Pharos CML).

  • No Residuals or Impurities are expected to be present at or above Content Inventory Threshold that return a GreenScreen score of BM-1, LT-1, LT-P1 or NoGS.

  • No residuals or impurities are known or expected to be present at or above the Content Inventory Threshold indicated that have a GS score of BM-1, LT-1, LT-P1 or NoGS based on information provided in supplier disclosures and as predicted by process chemistry (Pharos CML).

  • No residuals or impurities are known or expected to be present at or above the Content Inventory Threshold indicated that have a GS score of BM-1, LT-1, LT-P1 or NoGS based on information provided in supplier SDS and as predicted by process chemistry (Pharos CML).

  • Threshold per material Residuals and impurities considered in Based on the selected Content Inventory Threshold: Characterized....................................................

  • No residuals or impurities are known or expected to be present at or above the Content Inventory Threshold indicated that have a GS score of BM-1, LT-1, LT-P1 or NoGS for wood or adhesives (post-manufacture state) based on information provided in supplier disclosures and as predicted by process chemistry (Pharos CML).

  • Type Mouse ear swelling test Species mouse Result not sensitizing Classification not sensitizing GLP no data Test substance no data Method Following removal of hair with clippers, mice are injected twice intradermally in the test area with Freund's complete adjuvant.


More Definitions of Inventory Threshold

Inventory Threshold means $10,000,000.
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Inventory Threshold means, as of any date of determination, the greater of (a) $17,500,000 and (b) the lesser of (i) $20,000,000 and (ii) the sum of(y) $17,500,000 plus (z) the aggregate amount of M&E Depreciation Amounts that have resulted in a reduction to the amount set forth in clause (a) of thedefinition of M&E Component since the Effective Date.
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Inventory Threshold shall have the meaning ascribed to such term in Section 2.6(b) hereof.
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Inventory Threshold the meaning specified in Section 3(a). Knowledge: an individual party hereto shall be deemed to have “Knowledge” of a particular fact or other matter if said party is actually aware of such fact or other matter. A party other than an individual shall be deemed to have “Knowledge” of a particular fact or other matter if the person having such knowledge is an officer of such party and has the ability to direct the management and policies of such party through his or her position and such party has knowledge of such fact or matter that relates to responsibilities within his or her direct control.
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Inventory Threshold has the meaning assigned to such term in the definition of ‘Landlord Acknowledgments’.
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Inventory Threshold shall have the meaning specified in Section 10.8(f).
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Related to Inventory Threshold

  • Inventory Value has the meaning set forth in Section 2.1.

  • 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 and include Inventory, excluding work in process, with respect to each Borrower, valued at the lower of cost or market value, determined on a first-in, first-out basis, which is not obsolete, slow moving or unmerchantable as determined by Agent in its Permitted Discretion and which Inventory, based on such considerations as Agent may from time to time deem appropriate in its Permitted Discretion including whether the Inventory is subject to a perfected, first priority security interest in favor of Agent and no other Lien (other than a Permitted Encumbrance). Notwithstanding anything herein to the contrary, no Inventory shall be Eligible Inventory to the extent such Inventory was acquired by a Borrower pursuant to an entity creation under Section 7.12 or a Permitted Acquisition, unless Agent has (i) completed field examinations with respect to such Inventory, the results of which are satisfactory in form and substance to Agent in its Permitted Discretion or (ii) waived such restriction in its Permitted Discretion. In addition, Inventory shall not be Eligible Inventory if it: (a) does not conform in all material respects to all standards imposed by any Governmental Body which has regulatory authority over such goods or the use or sale thereof; (b) is in transit (other than between one or more locations where Borrowers are permitted hereunder to maintain or store Inventory and such location is the subject of a Lien Waiver Agreement or a Processor’s Agreement, as applicable, unless such location is owned by Borrower); (c) is located outside the continental United States or at a location that is not otherwise in compliance with this Agreement; (d) constitutes Consigned Inventory (other than Consigned Inventory that is subject to a warehouseman’s waiver in form and substance satisfactory to Agent); (e) is the subject of an Intellectual Property Claim; (f) is subject to a License Agreement that limits, conditions or restricts the applicable Borrower’s or Agent’s right to sell or otherwise dispose of such Inventory, unless Agent is a party to a Licensor/Agent Agreement with the Licensor under such License Agreement (or Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Agent shall deem appropriate in its Permitted Discretion); (g) at any time following seventy-five (75) days after the Closing Date (or such later date agreed to by Agent), is situated at a location not owned by a Borrower unless the owner or occupier of such location has executed in favor of Agent a Lien Waiver Agreement or a Processor’s Agreement, as applicable (or Agent shall have established reserves against the Formula Amount with respect thereto as Agent shall deem appropriate in its Permitted Discretion in an amount not to exceed the equivalent of three (3) months’ rental obligation with respect to such location); or (h) if the sale of such Inventory would result in the creation of a Receivable which, on the date of such sale, would fail to constitute an Eligible Receivable due to the operation of any of clauses (b), (c) or (e) – (p) of such definition.

  • Inventory Reserves means such reserves as may be established from time to time by the Administrative Agent in the Administrative Agent’s Permitted Discretion with respect to the determination of the saleability, at retail, of the Eligible Inventory or which reflect such other factors as may adversely affect the market value of the Eligible Inventory. Without limiting the generality of the foregoing, Inventory Reserves may, in the Administrative Agent’s Permitted Discretion, include (but are not limited to) reserves based on:

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Excess Inventory means all Inventory and Special Inventory possessed or owned by Flextronics that is not required for consumption to satisfy the next [***] of demand for Products under the then-current purchase order(s) and forecast.

  • 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.

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated June 2007 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraisal firm pursuant to Section 9.2(b).

  • Borrowing Base Amount means:

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Eligible Finished Goods Inventory means all Finished Goods Inventory that is Eligible Inventory.

  • Covered Debt Amount means, on any date, the sum of (x) all of the Revolving Credit Exposures of all Lenders on such date plus (y) the aggregate principal amount (including any increase in the aggregate principal amount resulting from payable-in-kind interest) of Other Covered Indebtedness outstanding on such date.

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

  • Inventory Tracking System means the required tracking

  • Materiality Threshold means limits for related party transactions beyond which the shareholders' approval will be required as specified in Companies Act, 2013 and rules thereof and amendments thereto.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Adjusted Net Book Value means, as of any date of determination, with respect to each Adjusted Program Vehicle as of such date, the product of 0.965 and the Net Book Value of such Adjusted Program Vehicle as of such date.

  • Borrowing Base Value means, with respect to any Oil and Gas Property of a Credit Party or any Swap Agreement in respect of commodities, the value the Administrative Agent attributed to such asset in connection with the most recent determination of the Borrowing Base as confirmed by Required Lenders.

  • Threshold means with respect to Party B: infinity.

  • Net Book Value means the net book value of the relevant Supplier Asset(s) calculated in accordance with the depreciation policy of the Supplier set out in the letter in the agreed form from the Supplier to the Costumer of even date with this Call Off Contract;

  • Debt Amount means all accrued and unpaid interest and any “make whole” payments or breakage fees (less any breakage benefits) which Project Co is obligated to pay to Lender pursuant to the Lending Agreements, together with the outstanding principal amount of debt funded under the Lending Agreements.

  • MCE Valuation Period means, subject to any extension (as described in further detail in the Conditions), the period commencing from and including the moment upon which the Mandatory Call Event occurs and up to the end of the following trading session on the Index Exchange; and

  • 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.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

  • Net Orderly Liquidation Value means, with respect to Inventory of any Person, the orderly liquidation value thereof as determined in a manner acceptable to the Administrative Agent by an appraiser acceptable to the Administrative Agent, net of all costs of liquidation thereof.