Eligible Finished Goods Inventory

Eligible Finished Goods Inventory. (g) it consists of goods in transit to or stored at storage facilities pursuant to a Terminal Agreement.

Eligible Finished Goods Inventory. Finished goods inventory in salable condition less than 180 days old, owned by a Credit Party free and clear of any Liens (other than Liens pursuant to this Agreement), and designated and identified as product to be sold to IBM as evidenced by (i) non-cancellable purchase orders from IBM or (ii) a non-cancellable written agreement that IBM will purchase such inventory, in each case, in form and substance satisfactory to IBM Credit.