Common use of DEEMED ADVANCE Clause in Contracts

DEEMED ADVANCE. The Advance under this Agreement is deemed to have been granted on the portion of the Producer’s Agricultural Product(s) first sold. The Producer shall not dispose of any other part of this Agricultural Product(s) for which the Advance was received. A repayment must be made by the Producer with the first sale of the Agricultural Product(s) for which an Advance was received except where: (i) the Agricultural Product(s) are/is Livestock; and (ii) the Producer provides to the Administrator proof of identification, supported by appropriate records, allowing for the identification of each unit of Livestock subject to Advance, the Advance under this Agreement is deemed to have been received on the portion of the Producer’s Agricultural Product identified.

DEEMED ADVANCE. The Advance under this Agreement is deemed to have been granted on the portion of the Producer’s Agricultural Product(s) first sold. The Producer shall not dispose of any other part of this Agricultural Product(s) for which the Advance was received. A repayment must be made by the Producer with the first sale of the Agricultural Product(s) for which an Advance was received except where: (ia) the Agricultural Product(s) are/is Livestock; and (iib) the Producer provides to the Administrator proof of identification, supported by appropriate records, allowing for the identification of each unit of Livestock subject to Advance, the Advance under this Agreement is deemed to have been received on the portion of the Producer’s Agricultural Product identified.

DEEMED ADVANCE. The Advance under this Agreement is deemed to have been granted on the portion of the Producer’s Agricultural Product(s) first sold. The Producer shall not dispose of any other part of this Agricultural Product(s) for which the Advance was received. A repayment must be made by the Producer with the first sale of the Agricultural Product(s) for which an Advance was received except where: (i) the Agricultural Product(s) are/is Livestock; and (ii) the Producer provides to the Administrator proof of identification, supported by appropriate records, allowing for the identification of each unit of Livestock subject to Advance, the Advance under this Agreement is deemed to have been received on the portion of the Producer’s Agricultural Product identified.,