Common use of DECLARATION OF SECURED CREDITORS Clause in Contracts

DECLARATION OF SECURED CREDITORS. ✓ List all secured creditors who have a security interest that includes the Agricultural Product(s) and/or the BRM program payments whether such security was given under the authority of the Bank Act or under the authority of a personal property security legislation in force in the province or by operation of any other law. ✓ Examples may include, but are not limited to: o a lien taken by an input supplier on the agricultural product to be used for the APP advance. o a lien taken by your financial institution o a General Security Agreement. ✓ Attach a separate sheet if required. A signed Priority Agreement is needed for each secured creditor listed below. Name of Secured Creditor: Address and/or Phone Number: Security Interest is on: Value (if applicable):

DECLARATION OF SECURED CREDITORS. ✓ List all secured creditors who have a security interest that includes the Agricultural Product(s) and/or the BRM program payments whether such security was given under the authority of the Bank Act or under the authority of a personal property security legislation in force in the province or by operation of any other law. ✓ Examples may include, but are not limited to: o • a lien taken by an input supplier on the agricultural product to be used for the APP advance. o advance • a lien taken by your financial institution o or • a General Security Agreement. ✓ Attach a separate sheet if required. ✓ A signed Priority Agreement is needed for each secured creditor listed below. Name of Secured Creditor: Address and/or Phone Number: Security Interest is on: Value (if applicable):

DECLARATION OF SECURED CREDITORS. ✓ List all secured creditors who have a security interest that includes the Agricultural Product(s) and/or the BRM program payments whether such security was given under the authority of the Bank Act or under the authority of a personal property security legislation in force in the province or by operation of any other law. ✓ Examples may include, but are not limited to: o a lien taken by an input supplier on the agricultural product to be used for the APP advance. ; o a lien taken by your financial institution institution; or o a General Security Agreement. ✓ Attach a separate sheet if required. ✓ A signed Priority Agreement is needed for each secured creditor listed below. Name of Secured Creditor: Address and/or Phone Number: Security Interest is on: Value (if applicable):