Common use of Deposits Clause in Contracts

Deposits. Each Agricultural Contractor that signs the trust agreement shall deposit into such contractor’s account within the trust fund, at the same time as payments would otherwise be required by this contract to be made to the State, an amount equal to the amount by which such contractor’s charges under this contract have been reduced by reason of this article, until the balance in such contractor’s account within the trust fund is the same percentage of $150,000,000 as such contractor’s percentage share of reductions made available to all Agricultural Contractors as specified in subdivision (g) of this article. In 2002 and every fifth year thereafter, the Agricultural Contractors will review the maximum accumulation in the trust fund (the “Cap”) and determine whether the cap should be adjusted. However, the Cap shall not be reduced below an aggregate of $150,000,000 for all Agricultural Contractor accounts.

Deposits. Each Agricultural Contractor that signs the trust agreement shall deposit into such contractor’s Contractor's account within the trust fund, at the same time as payments would otherwise be required by this contract to be made to the State, an amount equal to the amount by which such contractor’s Contractor's charges under this contract have been reduced by reason of this article, until the balance in such contractor’s Contractor's account within the trust fund is the same percentage of $150,000,000 as such contractor’s Contractor's percentage share of reductions made available to all Agricultural Contractors as specified in subdivision (g) of this article. In 2002 and every fifth year thereafter, the Agricultural Contractors will review the maximum accumulation in the trust fund (the “"Cap”") and determine whether the cap should be adjusted. However, the Cap shall not be reduced below an aggregate of $150,000,000 for all Agricultural Contractor accounts.

Deposits. Each Agricultural Contractor that signs the trust agreement shall deposit into such contractor’s 's account within the trust fund, at the same time as payments would otherwise be required by this contract to be made to the State, an amount equal to the amount by which such contractor’s 's charges under this contract have been reduced by reason of this article, until the balance in such contractor’s 's account within the trust fund is the same percentage of $150,000,000 as such contractor’s 's percentage share of reductions made available to all Agricultural Contractors as specified in subdivision (g) of this article. In 2002 and every fifth year thereafter, the Agricultural Contractors will review the maximum accumulation in the trust fund (the “"Cap”") and determine whether the cap should be adjusted. However, the Cap shall not be reduced below an aggregate of $150,000,000 for all Agricultural Contractor accounts.

Deposits. Each Agricultural Contractor that signs the trust agreement shall deposit into such contractor’s Contractor's account within the trust fund, at the same time as payments would otherwise be required by this contract to be made to the State, an amount equal to the amount by which such contractor’s 's charges under this contract have been reduced by reason of this article, until the balance in such contractor’s 's account within the trust fund is the same percentage of $150,000,000 as such contractor’s 's percentage share of reductions made available to all Agricultural Contractors as specified in subdivision (g) of this article. In 2002 and every fifth year thereafter, the Agricultural Contractors will review the maximum accumulation in the trust fund (the “"Cap”") and determine whether the cap should be adjusted. However, the Cap shall not be reduced below an aggregate of $150,000,000 for all Agricultural Contractor accounts.