Agricultural assets means agricultural land, depreciable agricultural property, crops, or livestock.

Agricultural assets means agricultural land, livestock, facilities, buildings, and machinery used for farming in Minnesota.

Agricultural assets means machinery, equipment, facili- ties, land or livestock.

Examples of Agricultural assets in a sentence

Subject to the terms set forth in this Agreement, the Company hereby grants to Buyer, and Buyer hereby accepts from the Company, an exclusive option to purchase any or all of the Agricultural Assets (the “Option”) on the terms set forth in this Agreement and in the applicable Option Purchase Agreement as provided in Section 3.1.
The Parties hereby agree that the Purchase Price shall be allocated among the Agricultural Assets as set forth on Exhibit A attached hereto.
The Company has the power and the right to sell, assign and transfer (subject to the Company Shareholder Approval, if necessary) and the Company will sell and deliver to Buyer, and upon consummation of the transactions contemplated by this Agreement, Buyer will acquire good and marketable title to the Agricultural Assets, free and clear of all Liens other than Permitted Liens.
If Buyer exercises the Option with respect to any Agricultural Asset as set forth in this Agreement and proceeds to the Closing, Buyer shall pay the portion of the Purchase Price allocated to such Agricultural Assets (as further adjusted for prorations and in accordance with the applicable Option Purchase Agreement) to the Company in accordance with the applicable Option Purchase Agreement.

More Definitions of Agricultural assets

Agricultural assets means agricultural land,

Agricultural assets means machinery, equipment, facili- ties, land or livestock used in agriculture or aquaculture.

Agricultural assets means machinery, equipment, facilities, or livestock that is used in farming.

Agricultural assets means agricultural land, livestock,

Agricultural assets means agricultural land or machinery, equipment,

Agricultural assets means agricultural land, livestock, farming, or livestock production facilities or buildings and machinery used for farming or livestock production located in this state.

Agricultural assets means agricultural land, livestock, farming, or