Example ContractsClausesappraisalVariants
Remove:

Eligible Work-In-Process Inventory: Inventory that would be Eligible Inventory except that such Inventory consists of work-in-process. Borrowers acknowledge that no Inventory shall constitute Eligible Work‑In‑Process Inventory until Agent receives the ​ Inventory appraisal.

Source document

“Eligible Work-In-Process Inventory: Inventory that would bein-Process” means otherwise Eligible Inventory exceptof a Borrower (solely but for the fact that such Inventory consists ofis not finished goods) constituting work-in-process. Borrowers acknowledge that no Inventory shall constitute Eligible Work‑In‑Process Inventory until Agent receives the ​ Inventory appraisal.

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