definiens: means allComponents, Valves, raw materials, work in process, or materials used for or consumed to produce Valves, and all finishedgoods inventory without any requirement to maintain any specific inventory level, which includes Components or Valves(whether contained in sealed packages and whether such packages contain other goods ), wherever located, in the possessionor control of ATS Medical . While the security interest remains in effect, ATS Medical shall not sell any Inventory in or as partof a Bulk Sale or outside the ordinary scope of business . As used herein, the term shall mean any sale or transferor series of sales or transfers made or consummated within any given 90 - day period of 5,000 or more of the Component Setsand / or Valves to one party or groups of related parties . Upon any breach by ATS Medical of its payment obligations under theAgreement, [COMPANY] shall have the remedies of the Uniform Commercial Code as enacted in Minnesota or otherapplicable law . Upon ATS Medical ’s payment of the total settlement amount in Paragraph 1, the security interest granted inthis Agreement shall immediately terminate for all purposes