Seed inventory definition
Seed inventory means seed for commercial sale.
Seed inventory means Eligible Inventory consisting of peanut seeds held for sale or exchange in connection with the Borrower’s seed exchange program with growers.
Examples of Seed inventory in a sentence
During the term of this Agreement, and subject to the terms and conditions of this Agreement, the presumption of parties shall be that the entire Seed production of IVM will be offered and sold to IVS and that IVS will sell IVM's entire output from any and all sources (including, without limitation, Seed inventory held on consignment for growers) of Seed to IVS in the quantities and at the prices as hereinafter provided.
The payment terms for the purchase of the Gateway Seed inventory shall be net/30.