Common use of Changes to Farm Ownership or Herd Clause in Contracts

Changes to Farm Ownership or Herd. (a) You acknowledge that the benefit that we receive under this Agreement is the purchase of Milk produced on the Farm(s) and that we rely on that Milk in the operation of our business. You agree to act in good faith and use your best endeavours to maintain that supply of Milk and to not do anything that would undermine Bega receiving that benefit. Without limiting these obligations, you agree not to do any of things identified in section 7.2(b) (Farm Change Event) unless you have: (i) given us at least 30 days’ prior written notice of the proposed Farm Change Event; and (ii) paid us all amounts that you owe us under this Agreement. (b) A Farm Change Event will occur if you: (i) sell or transfer, or allow to be sold or transferred, any of your Farms, dairy land and assets (excluding the milking herd) to a third party (including to any company, person or entity related to you); (ii) make any changes to your ownership structure, or to any lease agreement, share farming agreement or any other arrangement affecting the Farms’ dairy land and/or assets;

Appears in 8 contracts

Samples: Milk Supply Agreement, Milk Supply Agreement, Milk Supply Agreement

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Changes to Farm Ownership or Herd. (a) You acknowledge that the benefit that we receive under this Agreement is the purchase of Milk produced on the Farm(s) and that we rely on that Milk in the operation of our business. You agree to act in good faith and use your best endeavours to maintain that supply of Milk and to not do anything that would undermine Bega receiving that benefit. Without limiting these obligations, you agree not to do any of things identified in section 7.2(b) (Farm Change Event) unless you have: (i) given us at least 30 days’ prior written notice of the proposed Farm Change Event; and (ii) paid us all amounts that you owe us under this Agreement. (b) A Farm Change Event will occur if you: (i) sell or transfer, or allow to be sold or transferred, any of your Farms, dairy land and assets (excluding the milking herd) to a third party (including to any company, person or entity related to you); (ii) make any changes to your ownership structure, or to any lease agreement, share farming agreement or any other arrangement affecting the Farms’ dairy land and/or assets;; or (iii) cease the production of Milk at the Farms.

Appears in 7 contracts

Samples: Milk Supply Agreement, Milk Supply Agreement, Milk Supply Agreement

Changes to Farm Ownership or Herd. (a) You acknowledge that the benefit that we receive under this Agreement is the purchase of Milk produced on the Farm(s) and that we rely on that Milk in the operation of our business. You agree to act in good faith and use your best endeavours to maintain that supply of Milk and to not do anything that would undermine Bega receiving that benefit. Without limiting these obligations, you agree not to do any of things identified in section 7.2(b) (Farm Change Event) unless you have: (i) given us at least 30 days’ prior written notice of the proposed Farm Change Event; and (ii) paid us all amounts that you owe us under this Agreement. (b) A Farm Change Event will occur if you: (i) sell or transfer, or allow to be sold or transferred, any of your Farms, dairy land and assets (excluding the milking herd) to a third party (including to any company, person or entity related to you); (ii) make any changes to your ownership structure, or to any lease agreement, share farming agreement or any other arrangement affecting the Farms’ dairy land and/or assets; (iii) reduce your milking herd by more than 10%, through sale, transfer, natural attrition or any other method; or (iv) cease the production of Milk at the Farms.

Appears in 4 contracts

Samples: Milk Supply Agreement, Milk Supply Agreement, Milk Supply Agreement

Changes to Farm Ownership or Herd. (a) You acknowledge that the benefit that we receive under this Agreement is the purchase of Milk produced on the Farm(s) and that we rely on that Milk in the operation of our business. You agree to act in good faith and use your best endeavours to maintain that supply of Milk and to not do anything that would undermine Bega receiving that benefit. Without limiting these obligations, you agree not to do any of things identified in section 7.2(b) (Farm Change Event) unless you have: (i) given us at least 30 days’ prior written notice of the proposed Farm Change Event; and (ii) paid us all amounts that you owe us under this Agreement. (b) A Farm Change Event will occur if you: (i) sell or transfer, or allow to be sold or transferred, any of your Farms, dairy land and assets (excluding the milking herd) to a third party (including to any company, person or entity related to you); (ii) make any changes to your ownership structure, or to any lease agreement, share farming agreement or any other arrangement affecting the Farms’ dairy land and/or assets;; or (iii) cease the production of Milk at the Farms. accordance with the requirements of the Dairy Code. We will provide you with written notice of any such unilateral variation as soon as practicable after the variation and will include the details and reason for the variation, and the day the variation takes effect.

Appears in 2 contracts

Samples: Milk Supply Agreement, Milk Supply Agreement

Changes to Farm Ownership or Herd. (a) You acknowledge that the benefit that we receive under this Agreement is the purchase of Milk produced on the Farm(s) and that we rely on that Milk in the operation of our business. You agree to act in good faith and use your best endeavours to maintain that supply of Milk and to not do anything that would undermine Bega receiving that benefit. Without limiting these obligations, you agree not to do any of things identified in section 7.2(b) (Farm Change Event) unless you have: (i) given us at least 30 days’ prior written notice of the proposed Farm Change Event; and (ii) paid us all amounts that you owe us under this Agreement. (b) A Farm Change Event will occur if you: (i) sell or transfer, or allow to be sold or transferred, any of your Farms, dairy land and assets (excluding the milking herd) to a third party (including to any company, person or entity related to you); (ii) make any changes to your ownership structure, or to any lease agreement, share farming agreement or any other arrangement affecting the Farms’ dairy land and/or assets;; or

Appears in 2 contracts

Samples: Milk Supply Agreement, Milk Supply Agreement

Changes to Farm Ownership or Herd. (a) You acknowledge that the benefit that we receive under this Agreement is the purchase of Milk produced on the Farm(s) and that we rely on that Milk in the operation of our business. You agree to act in good faith and use your best endeavours to maintain that supply of Milk and to not do anything that would undermine Bega receiving that benefit. Without limiting these obligations, you agree not to do any of things identified in section 7.2(b) (Farm Change Event) unless you have: (i) given us at least 30 days’ prior written notice of the proposed Farm Change Event; and (ii) paid us all amounts that you owe us under this Agreement. (b) A Farm Change Event will occur if you: (i) sell or transfer, or allow to be sold or transferred, any of your Farms, dairy land and assets (excluding the milking herd) to a third party (including to any company, person or entity related to you); (ii) make any changes to your ownership structure, or to any lease agreement, share farming agreement or any other arrangement affecting the Farms’ dairy land and/or assets;arrangement

Appears in 2 contracts

Samples: Milk Supply Agreement, Milk Supply Agreement

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Changes to Farm Ownership or Herd. (a) You acknowledge that the benefit that we receive under this Agreement is the purchase of Milk produced on the Farm(s) and that we rely on that Milk in the operation of our business. You agree to act in good faith and use your best endeavours to maintain that supply of Milk and to not do anything that would undermine Bega xxxxxxxxx Xxxx receiving that benefit. Without limiting these obligations, you agree not to do any of things identified in section 7.2(b) (Farm Change Event) unless you have: (i) given us at least 30 days’ prior written notice of the proposed Farm Change Event; and (ii) paid us all amounts that you owe us under this Agreement. (b) A Farm Change Event will occur if you: (i) sell or transfer, or allow to be sold or transferred, any of your Farms, dairy land and assets (excluding the milking herd) to a third party (including to any company, person or entity related to you); (ii) make any changes to your ownership structure, or to any lease agreement, share farming agreement or any other arrangement affecting the Farms’ dairy land and/or assets;; or

Appears in 1 contract

Samples: Milk Supply Agreement

Changes to Farm Ownership or Herd. (a) You acknowledge that the benefit that we receive under this Agreement is the purchase of Milk produced on the Farm(s) and that we rely on that Milk in the operation of our business. You agree to act in good faith and use your best endeavours to maintain that supply of Milk and to not do anything that would undermine Bega receiving that benefit. Without limiting these obligations, you agree not to do any of things identified in section 7.2(b) (Farm Change Event) unless you have:) (i) given us at least 30 days’ prior written notice of the proposed Farm Change Event; and (ii) paid us all amounts that you owe us under this Agreement. (b) A Farm Change Event will occur if you: (i) sell or transfer, or allow to be sold or transferred, any of your Farms, dairy land and assets (excluding the milking herd) to a third party (including to any company, person or entity related to you); (ii) make any changes to your ownership structure, or to any lease agreement, share farming agreement or any other arrangement affecting the Farms’ dairy land and/or assets; (iii) reduce your milking herd by more than 10%, through sale, transfer, natural attrition or any other method; or (iv) cease the production of Milk at the Farms.

Appears in 1 contract

Samples: Milk Supply Agreement

Changes to Farm Ownership or Herd. (a) You acknowledge that the benefit that we receive under this Agreement is the purchase of Milk produced on the Farm(s) and that we rely on that Milk in the operation of our business. You agree to act in good faith and use your best endeavours to maintain that supply of Milk and to not do anything that would undermine Bega receiving that benefit. Without limiting these obligations, you agree not to do any of things identified in section 7.2(b) (Farm Change Event) unless you have: (i) given us at least 30 days’ prior written notice of the proposed Farm Change Event; and (ii) paid us all amounts that you owe us under this Agreement. (b) A Farm Change Event will occur if you: (i) sell or transfer, or allow to be sold or transferred, any of your Farms, dairy land and assets (excluding the milking herd) to a third party (including to any company, person or entity related to you); (ii) make any changes to your ownership structure, or to any lease agreement, share farming agreement or any other arrangement affecting the Farms’ dairy land and/or assets; (iii) cease the production of Milk at the Farms.

Appears in 1 contract

Samples: Milk Supply Agreement

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