Carryover Inventory definition

Carryover Inventory means crop production from prior years and purchased inventory which has not been sold by the Insured and is still in the Insured’s possession.
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Carryover Inventory is Inventory, other than Non-Apparel Inventory, which would be Eligible Inventory if it were not more than one year old and which: (i) if included in Inventory during a spring-summer season, remains in Inventory no longer than to the end of the third fiscal quarter of the year containing the Borrowers' next spring-summer season; or (ii) if included in Inventory during a fall-winter season, remains in Inventory no longer than to the end of the first fiscal quarter of the year containing Borrowers' next fall- winter season.
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Carryover Inventory means crop production from prior years and purchased inventory which has notbeen sold by the Insured and is still in the Insured’s possession.
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Examples of Carryover Inventory in a sentence

  • It is important to report Carryover Inventory as it may affect eligibility for an advance or claim if in a loss situation.

  • The Insured may be required to provide sales receipts to identify Carryover Inventory, purchased inventory and Uninsured Production.

  • AFSC may count Carryover Inventory and uninsured production as part of the Harvested Production if the Insured fails to report, store separately and/or identify previous year’s production, or grain purchases.

  • It is important to report Carryover Inventory as it may affect eligibility for a claim if in a loss situation.

  • AFSC may count Carryover Inventory and Uninsured Production as part of the Harvested Production if the Insured fails to report, store separately and/or identify previous year’s production, or hay purchases.

  • AFSC may count Carryover Inventory and uninsured production as part of the Harvested Production if the Insured fails to report, store separately and/or identify previous year’s production, or hay purchases.

  • The Company has not granted any license or made any assignment of any Trade Right listed on SCHEDULE 3.26, nor does the Company pay any royalties or other consideration for the right to use any Trade Rights of others.

Related to Carryover Inventory

  • Negative Carry Amount shall have the meaning specified in subsection 4.10(a) of the Agreement.

  • Carryover Allocation means an Allocation made to the Project if the Project will not be Placed in Service by close of the calendar year of the Allocation.

  • Net WAC Rate Carryover Amount With respect to the Class A Certificates and the Mezzanine Certificates and any Distribution Date, the sum of (A) the positive excess of (i) the amount of interest accrued on such Class of Certificates on such Distribution Date calculated at the related Formula Rate, over (ii) the amount of interest accrued on such Class of Certificates at the Net WAC Rate for such Distribution Date and (B) the Net WAC Rate Carryover Amount for the previous Distribution Date not previously paid, together with interest thereon at a rate equal to the Formula Rate for such Class of Certificates for such Distribution Date and for such Accrual Period.

  • Carryover Amount for any Holder means, with respect to any registered offering in which such Holder elected not to participate after receipt of a notice under Section 2.2(a), a number of Registrable Securities equal to the number of Registrable Securities then held by such Holder, multiplied by a fraction (expressed as a percentage), the numerator of which is equal to the number of Registrable Securities sold by the Holder that sold the most Registrable Securities in such offering and the denominator of which is the number of Registrable Securities held by such Holder immediately prior to such offering.

  • Collateral Senior Minimum Monthly Interest shall have the meaning specified in subsection 4.02(d).