Completion of Livestock Supply Form and Promissory Note Sample Clauses

Completion of Livestock Supply Form and Promissory Note. With respect to the completion and execution of the Livestock Supply Form and the Promissory Note: (a) The Member authorizes the Association to insert the applicable date of execution, Due Date, principal amount and interest rate in any Promissory Note the Member signs in blank; (b) The Member also authorizes the Association to complete on behalf of the Member any Livestock Supply Forms which have been signed in blank, or which have been signed and partially completed, by the Member; (c) The Member acknowledges and agrees that in completing Livestock Supply Forms and Promissory Notes which have been signed in blank, the Association may rely on any invoices, bills of sale, manifests, transportation permits or similar documents with respect to Livestock which have been supplied to the Member, and that if these documents have been signed by the Member or the Member’s representative they shall be deemed to accurately and conclusively confirm the description and number of the Livestock, the purchase price for the Livestock and the delivery of the Livestock to the Member, as set forth therein; (d) The Member acknowledges and agrees that the Member shall have no interest whatsoever in any Livestock requested by the Member, and no right to recover any costs or expenses incurred by the Member with respect to such Livestock, if the Member has failed or refused to sign a Livestock Supply Form or Promissory Note with respect to such Livestock. The Member shall indemnify the Association for all costs, losses, claims and expenses incurred by the Association with respect to such Livestock. The Association shall be entitled to remove such Livestock from the Member’s possession at the Member’s expense without notice; and (e) Notwithstanding the date of execution set forth in Promissory Notes, the calculation of interest due on Promissory Notes shall be adjusted so that it is calculated from the date that the Lender Loan for the principal amount referred to therein was advanced to the Association.
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Related to Completion of Livestock Supply Form and Promissory Note

  • Vendor’s Specific Warranties, Terms, and License Agreements Because TIPS serves public entities and non-profits throughout the nation all of which are subject to specific laws and policies of their jurisdiction, as a matter of standard practice, TIPS does not typically accept a Vendor’s specific “Sale Terms” (warranties, license agreements, master agreements, terms and conditions, etc.) on behalf of all TIPS Members. TIPS may permit Vendor to attach those to this Agreement to display to interested customers what terms may apply to their Supplemental Agreement with Vendor (if submitted by Vendor for that purpose). However, unless this term of the Agreement is negotiated and modified to state otherwise, those specific Sale Terms are not accepted by TIPS on behalf of all TIPS Members and each Member may choose whether to accept, negotiate, or reject those specific Sale Terms, which must be reflected in a separate agreement between Vendor and the Member in order to be effective.

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