Partial Sales. Notwithstanding clause 5.5, if some Livestock have not been sold (including Livestock supplied during a different Supply Period) the Association may, in its sole discretion and subject to the Regulations, pay a portion of the Sale Proceeds from Livestock sold by the Member on behalf of the Association, to the Member, if the Association is satisfied that the value of the remaining Livestock is more than adequate to pay the balance of the Member’s Obligations.
Appears in 4 contracts
Sources: Feeder Association Member Agreement, Feeder Association Member Agreement, Feeder Association Member Agreement