OLV

OLV. Shall mean, as of the date of determination thereof, the appraised orderly liquidation value (expressed as a percentage of the value of the Inventory (the lower of cost, computed on an average cost basis according to GAAP, or market value), as determined by an appraisal firm acceptable to Foothill in its discretion, on such basis and applying such criteria as Foothill shall require, such appraisals to be conducted with such frequency as determined by Foothill in its reasonable credit judgment.