Common use of Warehouse Capacity Clause in Contracts

Warehouse Capacity. The maximum quantity of grain that the warehouse will accommodate when stored in a manner customary to the warehouse and within the limits of the amount of financial assurance that the Warehouse Operator provides, as determined by AMS. Warehouse Operator. A person lawfully engaged in the business of storing or handling agricultural products. Warehouse Receipt. A document of title (receipt) issued in accordance with the USWA, including an electronic receipt, which evidences a Warehouse Operator’s storage obligation to the depositor or owner of an agricultural product in the warehouse. Warehousing Activities and Practices. Legal, operational, managerial, or financial duties that the Warehouse

Appears in 3 contracts

Sources: Licensing Agreement, Licensing Agreement, Licensing Agreement