Additional Covenants of the Member. In addition to the covenants and agreements set forth above, the Member covenants and agrees:
(a) To keep the Livestock free and clear of all taxes, mortgages, charges, claims, liens (including Animal Keeper’s Liens), encumbrances and security interests whatsoever, except the security interest in favour of the Association and the security interest of the Association’s Lender, unless otherwise expressly agreed by the Association in writing;
(b) To keep the Livestock at a Permitted Location in Alberta, and at no other location without the express written permission of the Association;
(c) To properly care for and feed the Livestock in accordance with generally accepted livestock feeding, care and maintenance practices;
(d) To only place the Livestock in the care of a third party (including a custom feedlot) with the express written approval of the Association, and subject to a Feeder Association Feedlot Agreement in a form approved under the Regulations signed by the third party, the Association and the Member. The Member shall also ensure that the third party or feedlot caring for the Livestock does so in accordance with good livestock feeding, care and maintenance practices;
(e) To allow and ensure that the authorized representatives of the Association, the Association’s Lender and the Alberta Government have access to all premises at which the Livestock are located or are believed to be located, access to all records pertaining to the Livestock and the right to inspect both the Livestock and the records, on request, between 8:00 in the forenoon and 5:00 in the afternoon;
(f) To be responsible for all feed, care, veterinary and other costs and expenses of every nature and kind with respect to the Livestock. The Member assumes all risk of loss or damage to the Livestock, whether occasioned by theft, government action, loss, death or any other cause whatsoever. No loss, injury, damage or destruction of Livestock shall release the Member from the Member’s Obligations or duties under this Agreement;
(g) To insure the Livestock and keep the Livestock insured if required by the Association and in such amount and for such risks as the Association may stipulate, and to apply for such payments, subsidies, stabilization payments or other reimbursements with respect to the Livestock as the Association may stipulate, and to remit all amounts received on the account of such insurance and payments to the Association to be applied to the Member’s Obligations and other am...
Additional Covenants of the Member. The Member covenants and agrees as follows:
