Silo definition
Examples of Silo in a sentence
Permit any Subsidiary to Guarantee or grant any Lien in favor of any Silo Lender in respect of Permitted Silo Indebtedness except for such Guarantees by and Liens granted by Silo Subsidiaries and Dual Subsidiaries which receive Permitted Silo Indebtedness from such Silo Lender.
In particular, the Concessionaire shall develop, implement and administer a surveillance and safety programme for providing a safe environment on or about the Silo Complex, and shall comply with the safety requirements set forth in Schedule H (the “Safety Requirements”).
For the avoidance of doubt, it is agreed that any maintenance arising out of de-commissioning and Forced Closure of the whole or any part of the Silo Complex under the provisions of Clause 12.7 shall be deemed to be Unscheduled Maintenance.
For the avoidance of doubt, unless the Parties mutually agree, not more than 1 (one) Silo shall be subjected to a Major Overhaul during the course of a Financial Year.
Based on the submissions made by the Concessionaire, as verified by the IE&A, the Authority shall determine the Acceptance Quantity for the Silo Complex and shall, sufficiently in advance and not less than 48 (forty eight) hours in advance, instruct the Concessionaire to receive Food Grain from the Authority or its nominees {or from the farmers directly}.