Example ContractsClausesaccounts receivable; inventoryVariants
Accounts Receivable; Inventory
Accounts Receivable; Inventory contract clause examples

“Eligible Accounts Receivable” means all Accounts (other than Credit Card Processor Accounts) that constitute proceeds from the sale or disposition of Inventory in the ordinary course of business and that are reflected in the most recent Borrowing Base Certificate, except any Account with respect to which any of the exclusionary criteria set forth below applies.

“Eligible Credit Card Receivables” means all Credit Card Processor Accounts that constitute proceeds from the sale or disposition of Inventory in the ordinary course of business and that are reflected in the most recent Borrowing Base Certificate, except any Credit Card Processor Account with respect to which any of the exclusionary criteria set forth below applies.

“Eligible Accounts” means all Eligible Accounts Receivable and all Eligible Credit Card Receivables.

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