Example ContractsClauseseligible inventoryVariants
Eligible Inventory
Eligible Inventory contract clause examples

(i) at any time prior to the Flip Date, the Cost of Eligible Inventory (other than Eligible Foreign In-Transit Inventory), multiplied by eighty percent (80%) multiplied by the Appraised Value of such Eligible Inventory (other than Eligible Foreign In-Transit Inventory); and # at any time on and after the Flip Date, the Cost of Eligible Inventory (other than Eligible Foreign In-Transit Inventory), multiplied by ninety percent (90%) multiplied by the Appraised Value of such Eligible Inventory (other than Eligible Foreign In-Transit Inventory); plus

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following receipt of the Initial Field Exam, # at any time prior to the Flip Date, the Cost of Eligible Foreign In-Transit Inventory, multiplied by eighty percent (80%) multiplied by the Appraised Value of such Eligible Foreign In-Transit Inventory; and # at any time on and after the Flip Date, the Cost of Eligible Foreign In-Transit Inventory, multiplied by ninety percent (90%) multiplied by the Appraised Value of such Eligible Foreign In-Transit Inventory; minus

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