Herd definition
Examples of Herd in a sentence
Owner shall be entitled to receive a percentage of the weekly milk production equal to Owner’s Percentage Interest in the Herd.
To provide reports to Owner as shall be appropriate to apprise Owner of the condition of the Herd and any other information that will be useful to Owner regarding the health and performance of the Herd.
Owner agrees that in the event the payments for which Owner is liable are not paid within the time provided herein or otherwise agreed between Agister and Owner, Agister may dispose of Owner’s interest in the Herd for any and all unpaid charges at public or private sale, with or without public notice, ten (10) days after having notified Owner in writing of Agister’s intent to act, and apply the net proceeds, if any, to Owner’s debt.
In the alternative, Agister may acquire Owner’s interest in the Herd in satisfaction of the debt.
Because all of the Herd Agreements are interdependent and cannot function without all interests in the Herd being covered by them, notwithstanding the foregoing, if any court orders a transfer or assignment of an interest, the Court is requested to make the transfer or assignment subject to the terms of the Herd Agreement.