Maximum Inventory Advance Amount definition

Maximum Inventory Advance Amount means, $32,500,000 less all then -------------------------------- outstanding revolving loans, advances, and outstanding letters of credit based on the "Eligible Inventory" (as defined in each of the LSB-Related Loan Agreements) of the LSB Consolidated Borrowing Group under the LSB- Related Loan Agreements.
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Maximum Inventory Advance Amount means (i)
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Maximum Inventory Advance Amount means the lesser of (a) $32,500,000 less all then outstanding revolving loans, advances, and outstanding letters of credit based on the "Eligible Inventory" (as defined in each of the
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Examples of Maximum Inventory Advance Amount in a sentence

  • If at any time the outstanding Inventory Advances exceed the Maximum Inventory Advance Amount, Borrower shall immediately pay to Bank in cash such excess.

  • This resolution should be approved in principle because it is narrowly tailored to address the problem of inability to prosecute serious hacking crimes that remain hidden after commission.

  • Borrower will repay the Inventory Advances on the earlier of: (i) the date on which the outstanding principal amount of the aggregate Inventory Advances exceeds the Maximum Inventory Advance Amount, to the extent of such excess, (ii) the date on which there is a breach of any warranty or representation set forth in Section 5.11, (iii) when required to be repaid under Section 2.1.1(i), or (iv) the Maturity Date (including any early termination).

  • Failure to attend Saturday detention will result in the student being denied entry to school until a meeting is held with student, parent/guardian, and school administration to determine what behavior modification plan will be necessary to ensure the student meets his/her obligations.

  • Subsection (d)(iii) of Section 2.1 of the Loan Agreement is hereby amended by deleting "$35,000,000" in the last line thereof and inserting "the Maximum Inventory Advance Amount" in its place and stead.


More Definitions of Maximum Inventory Advance Amount

Maximum Inventory Advance Amount means $425,000 during March, April and May, 1996; $412,500 during June, 1996; $400,000 during July, 1996; $387,500 during August, 1996; $375,000 during September, 1996; $362,500 during October, 1996; $350,000 during November, 1996; $337,500 during December, 1996; $325,000 during January, 1997; and $300,000 from and at all times after February 1, 1997.
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Maximum Inventory Advance Amount means, $32,500,000 less all
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Maximum Inventory Advance Amount is defined in Section 2.1.1(a)(ii).
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Maximum Inventory Advance Amount means the lesser of
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Related to Maximum Inventory Advance Amount

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

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Borrowing Base Amount means:

  • Maximum Swingline Amount means $5,000,000.

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.