Common use of Repayment of the Advance - Livestock Clause in Contracts

Repayment of the Advance - Livestock. 3.2.1 The Producer shall repay the amount of the advance as specified in this Repayment Agreement by the end of the Production Period by paying directly to the Administrator for each unit of Agricultural Product within thirty (30) calendar days of receipt of payment or within sixty

Appears in 2 contracts

Samples: Application and Repayment Agreement, 2016 Application and Repayment Agreement

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Repayment of the Advance - Livestock. 3.2.1 The Producer shall repay the amount of the advance as specified in this Repayment Agreement by the end of the Production Period by paying directly to the Administrator for each unit of Agricultural Product within thirty (30) calendar days of receipt of payment or within sixtysixty (60) calendar days of delivery to a Buyer whichever is earlier, an amount at the advance rate in effect at the time of issuance until all the advances made to the Producer and the interest payable by the Producer on those advances are repaid.

Appears in 2 contracts

Samples: Application and Repayment Agreement, Application and Repayment Agreement

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