Farm down payment definition

Farm down payment means an initial, partial payment required by a lender or seller to purchase farmland. (d) "Incubator farm" means a farm where:
Farm down payment means an initial, partial payment required by a lender or seller to purchase farmland.

Examples of Farm down payment in a sentence

  • Upon any termination of this Agreement by LGE, other than for the reason that TOF has failed to perform any of its material obligations under this Agreement, LGE shall be required to return any then unused portion of the ▇▇▇▇▇▇ Farm down payment to TOF.