Common use of Liability Limit Clause in Contracts

Liability Limit. I/We, being Individuals/ Partners/ Shareholder(s)/ Member(s), as the case may be of the Producer (collectively referred to as the “Guarantors”), in consideration of an advance being made to the Producer, by Canadian Canola Growers Association for the eligible amount in the current 2023 program year and any other active program year with a balance, do hereby agree to be jointly and severally, or solidarily, liable to the Administrator or the Minister of Agriculture and Agri-Food; PROVIDED THAT the undersigned’s liability under this guarantee shall not exceed $1,000,000.00, plus any interest and the Minister of Agriculture and Agri-Food Canada (the “Minister”) acknowledge liability of such advance and interest thereon, unconditionally guarantee to Canadian Canola Growers Association and the Minister of Agriculture and Agri-Food Canada, the due payment of all amounts owing by the Producer, pursuant to the Terms and Conditions of the (CCGA) Canadian Canola Growers Association Cash Advance Application, the AMPA and regulations, including the amount advanced, interest, and any collection costs, on any advance made to the Producer now or in the future. Upon Default in payment of any sum owing by the Producer to CCGA or the Minister at any time, or upon Default in the performance of the obligations by the Producer, CCGA or the Minister may treat the whole of the indebtedness hereby guaranteed as due and payable and may forthwith collect from the Guarantors the total amount hereby guaranteed. The obligations of the Guarantors hereunder shall be continuing obligations and a new cause of action shall be deemed to arise in respect of each Default. CONTINUE TO NEXT PAGE FOR SIGNATURE. 0323 2023/24 Application Continuing Joint & Several Liability Partnership/Corporation/Cooperative canadian canola growers association 25 CONTINUING JOINT & SEVERAL LIABILITY PARTNERSHIP/CORPORATION/COOPERATIVE - continued The Producer and all related parties meets all the requirements listed in the application for a cash advance from the CCGA under the Agricultural Marketing Programs Act (AMPA), and Advance Payments Program (APP) and neither the Producer or related parties is in Default under any prior repayment agreement under APP, SCAP OR ESCAP. The Producer will fulfill all obligations as outlined in the application for a cash advance from the CCGA under the Agricultural Marketing Programs Act (AMPA) or the Advance Payments Program (APP). In the event that the Producer does not fully repay the advance, interest, and any costs involved in collecting the account, the Guarantors will be responsible individually for repaying the debt, including interest and all costs now and in the future. We as individuals agree to be liable individually to repay the obligations including interest and costs now and in the future. CCGA shall not be bound to exhaust its recourse against the Producer or other parties before being entitled to payment from the Guarantors under the Guarantee. This Agreement shall continue to be binding upon the undersigned Guarantor(s), their heirs, executors, Administrators, and assigns and shall remain in force and effective as against the Guarantors until such time as the Producer has repaid all amounts owing by it to CCGA and the Minister, on account of the Repayment Agreement or otherwise. The Guarantors acknowledge that consideration has been given and agree that same may only be limited, upon giving written notice to CCGA, 600 – 0000 Xxxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxx, X0X 0X0 of the Guarantor’s intent to limit this guarantee. Any notice given will only be effected for advances subsequent to the notice. I/We have read, understand and agree to be bound by all terms of this declaration and the CCGA’s Repayment Agreement and that all information set forth in these documents is true and correct. Please note that by signing this document, you understand and agree that action may be taken against you personally to repay the full amount of any Defaulted advance, plus interest and costs.

Appears in 1 contract

Samples: www.ccga.ca

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Liability Limit. I/We, being Individuals/ Partners/ Shareholder(s)/ Member(s), as the case may be of the Producer (collectively referred to as the “Guarantors”), in consideration of an advance being made to the Producer, by Canadian Canola Growers Association for the eligible amount in the current 2023 2024 program year and any other active program year with a balance, do hereby agree to be jointly and severally, or solidarily, liable to the Administrator or the Minister of Agriculture and Agri-Agri- Food; PROVIDED THAT the undersigned’s liability under this guarantee shall not exceed $1,000,000.001,000,000, plus any interest and the Minister of Agriculture and Agri-Agri- Food Canada (the “Minister”) acknowledge liability of such advance and interest thereon, unconditionally guarantee to Canadian Canola Growers Association and the Minister of Agriculture and Agri-Food Canada, the due payment of all amounts owing by the Producer, pursuant to the Terms and Conditions of the (CCGA) Canadian Canola Growers Association Cash Advance Application, the AMPA and regulations, including the amount advanced, interest, and any collection costs, on any advance made to the Producer now or in the future. Upon Default in payment of any sum owing by the Producer to CCGA or the Minister at any time, or upon Default in the performance of the obligations by the Producer, CCGA or the Minister may treat the whole of the indebtedness hereby guaranteed as due and payable and may forthwith collect from the Guarantors the total amount hereby guaranteed. The obligations of the Guarantors hereunder shall be continuing obligations and a new cause of action shall be deemed to arise in respect of each Default. CONTINUE TO NEXT PAGE FOR SIGNATURE. 0323 2023/24 Application Continuing Joint & Several Liability Partnership/Corporation/Cooperative canadian canola growers association 25 CONTINUING JOINT & SEVERAL LIABILITY PARTNERSHIP/CORPORATION/COOPERATIVE - continued The Producer and all related parties meets all the requirements listed in the application for a cash advance from the CCGA under the Agricultural Marketing Programs Act (AMPA), and Advance Payments Program (APP) and neither the Producer or related parties is in Default under any prior repayment agreement under APP, SCAP OR ESCAP. The Producer will fulfill all obligations as outlined in the application for a cash advance from the CCGA under the Agricultural Marketing Programs Act (AMPA) or the Advance Payments Program (APP). In the event that the Producer does not fully repay the advance, interest, and any costs involved in collecting the account, the Guarantors will be responsible individually for repaying the debt, including interest and all costs now and in the future. We as individuals agree to be liable individually to repay the obligations including interest and costs now and in the future. CCGA shall not be bound to exhaust its recourse against the Producer or other parties before being entitled to payment from the Guarantors under the Guarantee. This Agreement shall continue to be binding upon the undersigned Guarantor(s), their heirs, executors, Administrators, and assigns and shall remain in force and effective as against the Guarantors until such time as the Producer has repaid all amounts owing by it to CCGA and the Minister, on account of the Repayment Agreement or otherwise. The Guarantors acknowledge that consideration has been given and agree that same may only be limited, upon giving written notice to CCGA, 600 – 0000 Xxxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxx, X0X 0X0 of the Guarantor’s intent to limit this guarantee. Any notice given will only be effected for advances subsequent to the notice. I/We have read, understand and agree to be bound by all terms of this declaration and the CCGA’s Repayment Agreement and that all information set forth in these documents is true and correct. Please note that by signing this document, you understand and agree that action may be taken against you personally to repay the full amount of any Defaulted advance, plus interest and costs.

Appears in 1 contract

Samples: Application and Repayment Agreement

Liability Limit. I/We, being Individuals/ Partners/ Shareholder(s)/ Member(s), as the case may be of the Producer (collectively referred to as the “Guarantors”), in consideration of an advance being made to the Producer, by Canadian Canola Growers Association for the eligible amount in the current 2023 2022 program year and any other active program year with a balance, do hereby agree to be jointly and severally, or solidarily, liable to the Administrator or the Minister of Agriculture and Agri-Food; PROVIDED THAT the undersigned’s liability under this guarantee shall not exceed $1,000,000.00, plus any interest and the Minister of Agriculture and Agri-Food Canada (the “Minister”) acknowledge liability of such advance and interest thereon, unconditionally guarantee to Canadian Canola Growers Association and the Minister of Agriculture and Agri-Food Canada, the due payment of all amounts owing by the Producer, pursuant to the Terms and Conditions of the (CCGA) Canadian Canola Growers Association Cash Advance Application, the AMPA and regulations, including the amount advanced, interest, and any collection costs, on any advance made to the Producer now or in the future. Upon Default in payment of any sum owing by the Producer to CCGA or the Minister at any time, or upon Default in the performance of the obligations by the Producer, CCGA or the Minister may treat the whole of the indebtedness hereby guaranteed as due and payable and may forthwith collect from the Guarantors the total amount hereby guaranteed. The obligations of the Guarantors hereunder shall be continuing obligations and a new cause of action shall be deemed to arise in respect of each Default. CONTINUE TO NEXT PAGE FOR SIGNATURE. 0323 2023/24 Application Continuing Joint & Several Liability Partnership/Corporation/Cooperative canadian canola growers association 25 CONTINUING JOINT & SEVERAL LIABILITY PARTNERSHIP/CORPORATION/COOPERATIVE - continued The Producer and all related parties meets all the requirements listed in the application for a cash advance from the CCGA under the Agricultural Marketing Programs Act (AMPA), and Advance Payments Program (APP) and neither the Producer or related parties is in Default under any prior repayment agreement under APP, SCAP OR ESCAP. The Producer will fulfill all obligations as outlined in the application for a cash advance from the CCGA under the Agricultural Marketing Programs Act (AMPA) or the Advance Payments Program (APP). In the event that the Producer does not fully repay the advance, interest, and any costs involved in collecting the account, the Guarantors will be responsible individually for repaying the debt, including interest and all costs now and in the future. We as individuals agree to be liable individually to repay the obligations including interest and costs now and in the future. CCGA shall not be bound to exhaust its recourse against the Producer or other parties before being entitled to payment from the Guarantors under the Guarantee. This Agreement shall continue to be binding upon the undersigned Guarantor(s), their heirs, executors, Administrators, and assigns and shall remain in force and effective as against the Guarantors until such time as the Producer has repaid all amounts owing by it to CCGA and the Minister, on account of the Repayment Agreement or otherwise. The Guarantors acknowledge that consideration has been given and agree that same may only be limited, upon giving written notice to CCGA, 600 – 0000 Xxxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxx, X0X 0X0 of the Guarantor’s intent to limit this guarantee. Any notice given will only be effected for advances subsequent to the notice. I/We have read, understand and agree to be bound by all terms of this declaration and the CCGA’s Repayment Agreement and that all information set forth in these documents is true and correct. Please note that by signing this document, you understand and agree that action may be taken against you personally to repay the full amount of any Defaulted advance, plus interest and costs.

Appears in 1 contract

Samples: www.ccga.ca

Liability Limit. I/We, being Individuals/ Partners/ Shareholder(s)/ Member(s), as the case may be of the Producer (collectively referred to as the “Guarantors”), in consideration of an advance being made to the Producer, by Canadian Canola Growers Association for the eligible amount in the current 2023 2022 program year and any other active program year with a balance, do hereby agree to be jointly and severally, or solidarily, liable to the Administrator or the Minister of Agriculture and Agri-Food; PROVIDED THAT the undersigned’s liability under this guarantee shall not exceed $1,000,000.00, plus any interest and the Minister of Agriculture and Agri-Food Canada (the “Minister”) acknowledge liability of such advance and interest thereon, unconditionally guarantee to Canadian Canola Growers Association and the Minister of Agriculture and Agri-Food Canada, the due payment of all amounts owing by the Producer, pursuant to the Terms and Conditions of the (CCGA) Canadian Canola Growers Association Cash Advance Application, the AMPA and regulations, including the amount advanced, interest, and any collection costs, on any advance made to the Producer now or in the future. Upon Default in payment of any sum owing by the Producer to CCGA or the Minister at any time, or upon Default in the performance of the obligations by the Producer, CCGA or the Minister may treat the whole of the indebtedness hereby guaranteed as due and payable and may forthwith collect from the Guarantors the total amount hereby guaranteed. The obligations of the Guarantors hereunder shall be continuing obligations and a new cause of action shall be deemed to arise in respect of each Default. CONTINUE TO NEXT PAGE FOR SIGNATURE. 0323 2023/24 Application 0322 Continuing Joint & Several Liability Partnership/Corporation/Cooperative canadian canola growers association 25 CONTINUING JOINT & SEVERAL LIABILITY PARTNERSHIP/CORPORATION/COOPERATIVE - continued The Producer and all related parties meets all the requirements listed in the application for a cash advance from the CCGA under the Agricultural Marketing Programs Act (AMPA), and Advance Payments Program (APP) and neither the Producer or related parties is in Default under any prior repayment agreement under APP, SCAP OR ESCAP. The Producer will fulfill all obligations as outlined in the application for a cash advance from the CCGA under the Agricultural Marketing Programs Act (AMPA) or the Advance Payments Program (APP). In the event that the Producer does not fully repay the advance, interest, and any costs involved in collecting the account, the Guarantors will be responsible individually for repaying the debt, including interest and all costs now and in the future. We as individuals agree to be liable individually to repay the obligations including interest and costs now and in the future. CCGA shall not be bound to exhaust its recourse against the Producer or other parties before being entitled to payment from the Guarantors under the Guarantee. This Agreement shall continue to be binding upon the undersigned Guarantor(s), their heirs, executors, Administrators, and assigns and shall remain in force and effective as against the Guarantors until such time as the Producer has repaid all amounts owing by it to CCGA and the Minister, on account of the Repayment Agreement or otherwise. The Guarantors acknowledge that consideration has been given and agree that same may only be limited, upon giving written notice to CCGA, 600 – 0000 Xxxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxx, X0X 0X0 of the Guarantor’s intent to limit this guarantee. Any notice given will only be effected for advances subsequent to the notice. I/We have read, understand and agree to be bound by all terms of this declaration and the CCGA’s Repayment Agreement and that all information set forth in these documents is true and correct. Please note that by signing this document, you understand and agree that action may be taken against you personally to repay the full amount of any Defaulted advance, plus interest and costs.

Appears in 1 contract

Samples: www.ccga.ca

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Liability Limit. I/We, being Individuals/ Partners/ Shareholder(s)/ Member(s), as the case may be of the Producer (collectively referred to as the “Guarantors”), in consideration of an advance being made to the Producer, by Canadian Canola Growers Association for the eligible amount in the current 2023 program year and any other active program year with a balance, do hereby agree to be jointly and severally, or solidarily, liable to the Administrator or the Minister of Agriculture and Agri-Food; PROVIDED THAT the undersigned’s liability under this guarantee shall not exceed $1,000,000.00, plus any interest and the Minister of Agriculture and Agri-Food Canada (the “Minister”) acknowledge liability of such advance and interest thereon, unconditionally guarantee to Canadian Canola Growers Association and the Minister of Agriculture and Agri-Food Canada, the due payment of all amounts owing by the Producer, pursuant to the Terms and Conditions of the (CCGA) Canadian Canola Growers Association Cash Advance Application, the AMPA and regulations, including the amount advanced, interest, and any collection costs, on any advance made to the Producer now or in the future. Upon Default in payment of any sum owing by the Producer to CCGA or the Minister at any time, or upon Default in the performance of the obligations by the Producer, CCGA or the Minister may treat the whole of the indebtedness hereby guaranteed as due and payable and may forthwith collect from the Guarantors the total amount hereby guaranteed. The obligations of the Guarantors hereunder shall be continuing obligations and a new cause of action shall be deemed to arise in respect of each Default. CONTINUE TO NEXT PAGE FOR SIGNATURE. 0323 2023/24 Application Continuing Joint & Several Liability Partnership/Corporation/Cooperative canadian canola growers association 25 CONTINUING JOINT & SEVERAL LIABILITY PARTNERSHIP/CORPORATION/COOPERATIVE - continued The Producer and all related parties meets all the requirements listed in the application for a cash advance from the CCGA under the Agricultural Marketing Programs Act (AMPA), and Advance Payments Program (APP) and neither the Producer or related parties is in Default under any prior repayment agreement under APP, SCAP OR ESCAP. The Producer will fulfill all obligations as outlined in the application for a cash advance from the CCGA under the Agricultural Marketing Programs Act (AMPA) or the Advance Payments Program (APP). In the event that the Producer does not fully repay the advance, interest, and any costs involved in collecting the account, the Guarantors will be responsible individually for repaying the debt, including interest and all costs now and in the future. We as individuals agree to be liable individually to repay the obligations including interest and costs now and in the future. CCGA shall not be bound to exhaust its recourse against the Producer or other parties before being entitled to payment from the Guarantors under the Guarantee. This Agreement shall continue to be binding upon the undersigned Guarantor(s), their heirs, executors, Administrators, and assigns and shall remain in force and effective as against the Guarantors until such time as the Producer has repaid all amounts owing by it to CCGA and the Minister, on account of the Repayment Agreement or otherwise. The Guarantors acknowledge that consideration has been given and agree that same may only be limited, upon giving written notice to CCGA, 600 – 0000 Xxxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxx, X0X 0X0 of the Guarantor’s intent to limit this guarantee. Any notice given will only be effected for advances subsequent to the notice. I/We have read, understand and agree to be bound by all terms of this declaration and the CCGA’s Repayment Agreement and that all information set forth in these documents is true and correct. Please note that by signing this document, you understand and agree that action may be taken against you personally to repay the full amount of any Defaulted advance, plus interest and costs.

Appears in 1 contract

Samples: www.ccga.ca

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