Common use of Minimum Payment and Method of Payment Clause in Contracts

Minimum Payment and Method of Payment. The minimum amount to be paid by the Producer when Eligible Agricultural Products on which an Advance has been made are sold or disposed of shall be no less than the Advance Rate for the Eligible Agricultural Product in effect at the time the Advance was issued to the Producer multiplied by the number of Production Units sold or disposed of. Repayment can be made by a combination of one or more of the following methods:

Appears in 5 contracts

Samples: www.feederassoc.com, www.feederassoc.com, www.feederassoc.com

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Minimum Payment and Method of Payment. The minimum amount to be paid by the Producer when Eligible Agricultural Products on which an Advance has been made are sold or disposed of shall be no less than the Advance Rate for the Eligible Agricultural Product in effect at the time the Advance was issued to the Producer multiplied by the number of Production Units sold or disposed of. Repayment can be made by a combination of one or more of the following methods:methods:β€Œ

Appears in 3 contracts

Samples: Advance Payments Program Application and Repayment Agreement, Advance Payments Program Application and Repayment Agreement, Advance Payments Program Application and Repayment Agreement

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