Merchantable definition

Merchantable means that the product is fit for the ordinary purposes for which that kind of product is used.
Merchantable means (i) with respect to Gas, a gas that is commercially free of dust, sand, dirt, gum-forming constituents, natural gasoline, liquid hydrocarbons, water, inerts, and any other substances that may become separated from the gas during handling thereof and may be injurious to utility facilities, industrial, commercial, and/or residential users that would cause the gas to be unmarketable or require additional treating and/or processing to be ready for use and consumption (sale and use), and (ii) with respect to Oil, a crude oil, condensate, and other liquid hydrocarbons recovered in liquid form from any hydrocarbon production (oil or gas) produced on or from the Leased Premises that is suitable for normal refinery processing, sufficiently free of foreign contaminants or chemicals, and meets the appropriate pipeline or truck haul specifications for sediment and water.
Merchantable. , in relation to a tree, means a tree that, in the opinion of a supervising forestry officer, appears capable of yielding a log or logs or other timber product that will meet a set of product specifications issued by Forests NSW (other than for firewood);

Examples of Merchantable in a sentence

  • Merchantable title shall be conveyed by deed, subject to conditions, zoning, restrictions, and easements of record, if any, which do not interfere with or restrict the existing use of the Property.


More Definitions of Merchantable

Merchantable means a tree or part of a tree from which saleable forest produce can be obtained.
Merchantable means, in addition to the qualities
Merchantable means wholesome and free from decay, mould, insect
Merchantable means, in addition to the qualities prescribed in K.S.A. 84-2-314, and amendments thereto, in conformity in all material respects with applicable state and federal statutes and regulations establishing standards of quality and safety.
Merchantable means, in addition to the qualities prescribed in §46-2-314 of this code,
Merchantable means that the product is fit for the ordinary purposes for which that kind of product is used. “Incidental” damages include expenses of inspection, obtaining substitute goods, transportation, etc.
Merchantable means, in addition to the qualities prescribed in §46-2-314 of this code, that the goods conform in all material respects to applicable state and federal statutes and regulations establishing standards of quality and safety of goods and, in the case of goods with mechanical, electrical or thermal components, that the goods are in good working order and will operate properly in normal usage for a reasonable period of time.