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Common use of Inventory Value Clause in Contracts

Inventory Value. The value of the inventory of the Borrower and the Guarantors as of December 31, 2001 was no less than $5,000,000,000.

Appears in 2 contracts

Sources: Revolving Credit and Guaranty Agreement (Kmart Corp), Revolving Credit and Guaranty Agreement (Kmart Corp)

Related Clauses

  • Eligible Inventory
  • Accounts Receivable; Inventory
  • Merchantable Inventory
  • CURRENT INVENTORY OF QUALIFIED PROPERTY
  • Inventory

Parent Clauses

  • Miscellaneous
  • Consideration
  • Additional Covenants
  • The Closing
  • Purchase and Sale

Sub-Clauses

  • CORPORATE APPROVAL; BINDING EFFECT
  • NO LITIGATION
  • REMOVAL OF EXCLUDED EQUIPMENT
  • GUARANTIES AND INDEMNITIES
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