Grain Inventory definition

Grain Inventory means corn, soybeans, oats and other grains held for sale by Borrower.
Grain Inventory has the meaning set forth in Section 1.1(a).
Grain Inventory means (a) all unprocessed corn, soybeans, wheat, oats, peas, barley and other unprocessed grains and legumes held for sale or internal use by Borrower; and (b) all inventories of Borrower of raw materials and work in process.

Examples of Grain Inventory in a sentence

  • 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.

  • 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.

  • 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.

  • 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.

  • It does also need to be recognised that while a locally sourced product will have less carbon linked to transportation it will still not always have the lowest carbon footprint.

  • 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.

  • 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 t Current Intermediate Debt $ Current Long-Term Debt $ Leases $ Misc.

  • Extensions of Credit and the proceeds thereof shall be used by the Borrower for the purpose of funding the general working capital needs and other general corporate purposes of the Borrower, in the ordinary course of its business, including, without limitation, (a) repayment of Indebtedness of the Borrower permitted under this Agreement (subject to the terms of any subordination agreement, if applicable) as it becomes due and payable and (b) the purchase of Grain Inventory and Non-Grain Inventory.

  • 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.


More Definitions of Grain Inventory

Grain Inventory means corn, soybeans, oats and other grains held for sale by Borrowers.
Grain Inventory corn, soybeans, wheat, milo, and other grains held for sale by the Borrower.
Grain Inventory has the meaning set forth in the Asset Purchase Agreement.
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
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.

Related to Grain Inventory

  • 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.

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