Common use of PURCHASING PROCEDURE Clause in Contracts

PURCHASING PROCEDURE. Customer will purchase goods on credit from Seller from time to time for the use of Customer's farming business. All terms and conditions of this Agreement will govern the purchase/sale of such goods by Customer where purchased on Customers open account. The maximum amount that Customer may owe to Seller on open account is the above stated Credit Amount. No purchases may be made under this agreement after the above stated Maturity Date.

Appears in 2 contracts

Sources: Credit & Security Agreement, Credit & Security Agreement