Grain Inventory definition

Grain Inventory means corn, soybeans, oats and other grains held for sale by Borrower.
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Grain Inventory means corn, soybeans, oats and other grains held for sale by Borrowers.
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Grain Inventory means the durum wheat inventory held by Seller or an Affiliate thereof at a facility located at Xxx Xxxxx Xxxxxx, Xxxxxxxxxx, Xxxxx Xxxxxx 00000.
Sample 1

Examples of Grain Inventory in a sentence

  • Multi-Use Account Application - Page 2 Applicant Name Balance Sheet Date Cash, Checking, SavingsASSETS$ CCC LoansLIABILITIES$ Securities$ Operating Principal$ Accounts Receivable$ Accounts Payable$ Investment in Growing Crop$ Intermediate Debt Due in Next 12 Months$ Feed & Grain Inventory$ Long-Term Debt Due in Next 12 Months$ Market Livestock$ Leases$ Government Payments Receivable Other Current AssetsSpecify $ $ Misc.

  • Cargill and Producer will select an independent third party to determine the quantity of the Grain Inventory by either weighing up or measuring up the Grain Inventory, and to determine the grade of the Grain Inventory by using an inspection agency satisfactory to Cargill and Producer.

  • Within five (5) Business Days following the Closing, there shall be a true-up valuation of the amount paid under (ii) of this subsection of the Grain Inventory and Grain Contracts and Fertilizer and Seed Inventory, based on a USDA measurement of the Grain Inventory, and mutual agreement with respect to the Grain Contracts, Fertilizer and Seed Inventory.

  • All samples of the Grain Inventory will be taken under the supervision of the Parties.

  • The Grain Inventory and Grain Contracts shall be valued based on actual value as set forth in accordance with Schedule 1.01(a)(xi) and the Fertilizer and Seed Inventory shall be valued based on the lower of Seller’s cost or market, as determined under GAAP.

  • As of the Effective Date, Producer agrees to purchase all of the Grain Inventory and To Arrive Grain at a price to be mutually agreed upon by the Parties as of the Effective Date.

  • A Third Party UIOLI shipper using the Terminal will be issued with an account in the Grain Inventory and Nomination (GIN) system, which will allow for inventory management for the duration of the UIOLI Slot.

  • Balance Sheet Date ASSETS LIABILITIESCash, Checking, Savings $ Securities $ CCC Loans $ Operating Principal $ Accounts Receivable $ Accounts Payable $ Investment in Growing Crop $ Feed & Grain Inventory $ Market Livestock $ Government Payments Receivable $ Other Current Assets $ Specify Total Current Assets $ Current Intermediate Debt $ Current Long-Term Debt $ Leases $ Misc.

  • Multi-use account Application - Page 2 Applicant Name ASSETS LIABILITIESBalance Sheet Date / /Cash, Checking, Savings SecuritiesAccounts Receivable Investment in Growing Crop Feed & Grain Inventory Market LivestockGovernment Payments Receivable Other Current AssetsSpecify $ $ $ $ $ $ $ $ CCC Loans Operating Principal Accounts PayableCurrent Intermediate Debt Current Long-Term Debt LeasesMisc.

  • Multi-Use Account Application - Page 2 Applicant Name Balance Sheet Date ASSETS LIABILITIES Cash, Checking, Savings$ 0 CCC Loans$ 0 Securities$ 0 Operating Principal$ 0 Accounts Receivable$ 0 Accounts Payable$ 0 Investment in Growing Crop$ 0 Intermediate Debt Due in Next 12 Months$ 0 Feed & Grain Inventory$ 0 Long-Term Debt Due in Next 12 Months$ 0 Market Livestock$ 0 Leases$ 0 Government Payments Receivable$ 0 Misc.


More Definitions of Grain Inventory

Grain Inventory corn, soybeans, wheat, milo, and other grains held for sale by the Borrower.
Sample 1
Grain Inventory means corn, soybeans, oats and other grains held for sale by Borrower. “Great Lakes Grain Storage” means Great Lakes Grain Storage, L.L.C., an Iowa limited
Sample 1

Related to Grain Inventory

  • Product Inventory means all inventory owned as of the Closing by Seller or any Affiliate thereof of finished Product that is in conformance with the Specifications and has an expiration date of October 1, 2016 or later, regardless of whether such inventory is held at a location or facility of Seller or any Affiliate (or of any other Person on behalf of Seller or any Affiliate, including in any of Seller’s warehouses, manufacturers, suppliers, distributors or consignees) or in transit to or from Seller or any Affiliate (or any such other Person).

  • Eligible Finished Goods Inventory means Eligible Inventory consisting of finished goods available for sale (as determined in a manner acceptable to the Administrative Agent in its Permitted Discretion and consistent with past practices).

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • Eligible Inventory means and include Inventory of a Borrower, excluding work in process, valued at the lower of cost or market value, determined on a first-in-first-out basis, which is not, in Administrative Agent’s Permitted Discretion, obsolete, slow moving or unmerchantable and which Administrative Agent, in its Permitted Discretion, shall not deem ineligible Inventory, based on such considerations as Administrative Agent may from time to time deem appropriate including whether the Inventory is subject to a perfected, first priority security interest in favor of Administrative Agent and no other Lien (other than a Permitted Encumbrance). In addition, Inventory shall not be Eligible Inventory if it: (a) does not conform to all standards imposed by any Governmental Body which has regulatory authority over such goods or the use or sale thereof; (b) is Foreign In-Transit Inventory or in-transit within the United States; (c) is located outside the continental United States; (d) constitutes Consigned Inventory; (e) is the subject of an Intellectual Property Claim; (f) is subject to a License Agreement that limits, conditions or restricts the applicable Borrower’s or Administrative Agent’s right to sell or otherwise dispose of such Inventory, unless Administrative Agent is a party to a Licensor/Administrative Agent Agreement with the Licensor under such License Agreement (or Administrative Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Administrative Agent shall deem appropriate in its sole discretion); (g) is situated at a location not owned by a Borrower unless the owner or occupier of such location has executed in favor of Administrative Agent a Lien Waiver Agreement (or Administrative Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Administrative Agent shall deem appropriate in its Permitted Discretion); or (h) or if the sale of such Inventory would result in an ineligible Receivable.

  • In-Transit Inventory means Inventory of a Borrower which is in the possession of a common carrier and is in transit from a Foreign Vendor of a Borrower from a location outside of the continental United States to a location of a Borrower that is within the continental United States.

  • Obsolete Inventory means items that have expired, are redundant or

  • Consigned Inventory means Inventory of any Borrower that is in the possession of another Person on a consignment, sale or return, or other basis that does not constitute a final sale and acceptance of such Inventory.

  • Transferred Inventory shall have the meaning set forth in Section 1.1(c).

  • Finished Goods means completed goods which require no additional processing or manufacturing to be sold to third party customers by the Loan Parties in the ordinary course of business.

  • Excluded Inventory shall have the meaning set forth in Section 2.1(c).

  • Inventories means “Inventories” as defined in the Uniform System of Accounts, such as, but not limited to, provisions in storerooms, refrigerators, pantries and kitchens; beverages in wine cellars and bars; other merchandise intended for sale; fuel; mechanical supplies; stationery; and other expensed supplies and similar items.

  • Inventory Value means with respect to any Inventory of a Loan Party at the time of any determination thereof, the standard cost determined on a first in first out basis and carried on the general ledger or inventory system of such Loan Party stated on a basis consistent with its current and historical accounting practices, in Dollars, determined in accordance with the standard cost method of accounting less, without duplication, (i) any markup on Inventory from an Affiliate and (ii) in the event variances under the standard cost method are expensed, a Reserve reasonably determined by the Agent as appropriate in order to adjust the standard cost of Eligible Inventory to approximate actual cost.

  • Eligible In-Transit Inventory means, as of any date of determination thereof, without duplication of other Eligible Inventory, In-Transit Inventory:

  • Unsaleable liquor merchandise means a container that:

  • Inventory Formula Amount means, with respect to any item of Eligible Inventory and at any time of determination, the lesser of (a) 65% of the lower of cost and market of such Inventory and (b) 85% of the Net Orderly Liquidation Value of such Inventory.

  • Raw Materials means all raw materials, supplies, components and packaging necessary to manufacture and ship the Product in accordance with the Specifications, as provided in Exhibit A, but not including the API.

  • shipped includes removal from the work sites by ship or any other means;

  • Raw material means any unprocessed material in its raw or natural state that is intended to become part of the components of a cannabis product.

  • Inventory Tracking System means the required tracking

  • Current Good Manufacturing Practices or “cGMP” means applicable Good Manufacturing Practices as specified in the United States Code of Federal Regulations and/or the EU Good Manufacturing Guidelines, and any successor legislation from time to time, prevailing at the time of the manufacture of the Product.

  • Finished Lots Entitled Land with respect to which (a) development has been completed to such an extent that permits to allow use and construction, including building, sanitary sewer and water, are entitled to be obtained for a Unit on such Entitled Land and (b) start of construction has not occurred.

  • Manufactured and “Manufactures” means to manufacture, produce, or assemble.

  • Finished Products means the fully assembled and shrink-wrapped Licensed Products, each including a Game Cartridge, Game Cartridge label and Printed Materials.

  • Finished Product means a cannabis product in its final form to be sold at a retail premises.

  • Packaged means bottled, canned, cartoned, or securely wrapped.

  • Product Group or “the Group” means a group of lotteries that has joined together to offer a product pursuant to the terms of the Multi-State Lottery Agreement and the Product Group’s own rules.