Farming operations definition
Examples of Farming operations in a sentence
Debtor represents, warrants and covenants that the Collateral will be used by the Debtor primarily for business use, unless otherwise specified as follows: ______ Personal, family or household purposes; ______ Farming operations.
The Collateral is bought or used primarily for: [ ]Personal, family of household purposes; [ ]Farming operations; [ X ]Business, and, if checked here, [ ] is being acquired with the proceeds of a loan signed at the same time as this agreement and the Bank may pay those proceeds directly to the seller of the Collateral.
Farming operations are to be restricted to the current agricultural fields that are highlighted on the corresponding map in the Soil and Water Conservation Plan and to the production of corn, soybeans, small grains, cotton, or hay/silage crops.
Debtor warrants that the Collateral is to be used primarily for one or more of the following purposes only: [ ] Farming operations, or [X] Business other than farming operations.