Common use of General Criteria Clause in Contracts

General Criteria. a) Only potatoes owned by the insured and stored on ▇▇▇▇▇▇ ▇▇▇▇▇▇ Island in insulated storages shall be eligible for coverage. Lots that do not meet this requirement shall be identified; b) Inventory stored off the farm and under the control of a third party shall be eligible for coverage provided: i. The storage location is identified to the Corporation ii. The storage inventory is stored separately from all other inventory; iii. Access to the inventory is made available to the Corporation so it can be monitored over the storage period. c) On December 21st the fully adjusted marketable inventory shall be established for all varieties and lots of potatoes. This is the inventory that shall be offered for insurance coverage in the Potato Storage program, and does not include: i. Inventory that has been sold or graded and packed by December 20th ii. Inventory written off under Schedule B – Parts 1, 2, 3, and 4 d) The Corporation must have access to the inventory at all times in order to verify movement and quantities insured.

General Criteria. a) Only potatoes owned by the insured and stored on ▇▇▇▇▇▇ ▇▇▇▇▇▇ Island in insulated storages shall be eligible for coverage. Lots that do not meet this requirement shall be identified; b) Inventory stored off the farm and under the control of a third party shall be eligible for coverage provided: i. The storage location is identified to the Corporation; ii. The storage inventory is stored separately from all other inventory; iii. Access to the inventory is made available to the Corporation so it can be monitored over the storage period. c) On December 21st the fully adjusted marketable inventory shall be established for all varieties and lots of potatoes. This is the inventory that shall be offered for insurance coverage in the Potato Storage program, and does not include: i. Inventory that has been sold or graded and packed by December 20th ii. Inventory written off under Schedule B – Parts 1, 2, 3, and 4. d) The Corporation must have access to the inventory at all times in order to verify movement and quantities insured.