Eligible Livestock definition

Eligible Livestock means all grazing cattle on pasture and cattle of Borrower and its Subsidiaries in a feedlot and all live hogs of Borrower and Subsidiaries of whatsoever age, in which Agent has a perfected first priority security interest

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Eligible Livestock means poultry that has been allowed access to the outside, sheep, or goats.

Eligible Livestock means cattle or hogs which are insurable livestock pursuant to this Contract.

Examples of Eligible Livestock in a sentence

An Insured who is a member of a feeder association or a feeder cooperative, and who feeds the Eligible Livestock pursuant to an arrangement between the Insured and the feeder association or feeder cooperative is, for the purposes of this Contract, the Owner of such Eligible Livestock.
An Insured may only purchase Policies from AFSC if Alberta is the Province for which the greatest amount of income would be reportable under the Income Tax Act (Canada) for Eligible Livestock.
Ownership of shared livestock is determined based on the proportion of the Owner’s share in the total Eligible Livestock.
The Insured Weight for a Policy and the sum of Insured Weight for all outstanding Policies shall not exceed the weight that, in the opinion of AFSC, could reasonably be expected given the number and age of Eligible Livestock owned by the Insured.
An Insured who participates in a shared ownership arrangement of ▇▇▇▇▇▇▇▇ Livestock is, for the purposes of this Contract, the Owner of such Eligible Livestock.
The estimated Insured Weight of Eligible Livestock to be covered under a Policy shall include consideration of normal death loss using industry standards.
It can be either an internship period at a large company or SME, or with a startup in an innovation-friendly place, such as an incubator.
A feeder association, feeder cooperative, financial institution or private lender having only a security interest in the Eligible Livestock is not, for the purposes of this Contract, the Owner of such Eligible Livestock.
The undersigned Noteholders hereby consent to the amendment to the terms "Borrowing Base", "Eligible Accounts," and "Eligible Livestock" contemplated by this Second Amended and Restated Revolving Credit Agreement for purposes of permitting such amendment and restatement in light of the restriction on amendments thereto contained in Section 5.3 of the Intercreditor Agreement.
The Contract only governs Policies offering Price Insurance for Eligible Livestock.

More Definitions of Eligible Livestock

Eligible Livestock means all grazing cattle on pasture and cattle of Borrower and the other Pledgors in a feedlot and all dairy cattle of Borrower and the other Pledgors of whatsoever age, in which Agent has a perfected first priority security interest "Eligible Poultry Inventory" means all live poultry and chickens of Borrower and the other Pledgors, including broilers, pullets, layers, breeders and recycles, in which Administrative Agent has a perfected first priority security interest. "Eligible Receivable" means the indebtedness arising out of a sale of goods or the performance of services by the Borrower or another Pledgor to a third party in the ordinary course of business (i.e., not including any non-trade accounts receivable or those accounts receivable that do not otherwise arise from goods sold or services performed in the ordinary course of business) in which Agent has a perfected first priority security interest, and may include the right to payment of any interest or finance charges and other obligations of such third party with respect thereto: (i) which is required to be paid in full within 60 days of the original billing date therefor; (ii) as to which any payment, or part thereof, does not remain unpaid for more than 60 days from the original due date for such payment and which would, in the ordinary course of business of the Borrower or a Pledgor, not be written off as uncollectible; (iii) which is an account receivable representing all or part of the sales price of goods or services; (iv) which is an "account" within the meaning of the UCC of the State of New York; 63

Eligible Livestock means (1) livestock (i) which have, for at least six months prior to the date of application to purchase, feed, been owned or leased under a contractual agreement which requires that the lessee furnish the feed for such livestock, provided that the les see also has a beneficial interest in such livestock such as the right to market a share of the increase, and (ii) which were either located in the emergency area on the date the area was designated or, as determined by the State commit tee, were moved into the area in accord ance with the owner’s normal livestock operation, such as rotation grating; (2) cattle, sheep, goats, and swine purchased by the applicant as replacement breed ing stock according to his customary normal breeding operations; (3) live stock inherited by an applicant, or pur chased by an applicant as part of a com plete farm operation other than through foreclosure; and (4) offspring of live stock described in subparagraphs ( 1), ( 2), and (3) of this paragraph.