Final and Complete Agreement. This contract shall represent the final, complete and exclusive statement of agreement between the parties and may not be modified, supplemented or waived, except in writing signed by both parties. NORTH DAKOTA NOTICE: A ND Indemnity Fund Assessment of .2% (.002) of the value of grain covered by this contract may be deducted at settlement. NOTICE TO SELLER OF FINANCIAL RISK MINNESOTA - THIS CONTRACT CONSTITUTES A VOLUNTARY EXTENSION OF CREDIT. THIS CONTRACT NOT COVERED BY ANY GRAIN BUYER’S OR STORAGE BOND. MONTANA - INTHE EVENT OFFINANCIAL INSOLVENCY, AMOUNTS OWINGAFTER SURETY BOND PAYMENT, MAY RESULT IN AN UNSECURED OBLIGATION. THE SELLER IS HEREBY ADVISED OF THE FINANCIAL RISKS INVOLVED INTHIS CONTRACT. NORTH DAKOTA - THIS CONTRACT IS NOT PROTECTED BY BOND COVERAGE INTHE EVENT OF BUYER’S INSOLVENCY. SOUTH DAKOTA - THIS CONTRACT IS NOT PROTECTED BY SOUTH DAKOTA STATUTORY BOND COVERAGES. Seller Date (AUTHORIZED SIGNATURE) In witness whereof, the parties have signed this contract Buyer: Date (Authorized Signature) Seller: Date (Authorized Signature) DATE SCALE TKT. NO. BUSHELS DATE SCALE TKT. NO. BUSHELS SCALE TICKET SUMMARY FORM 2562 (Rev 5/10) 000,000 • Xxxxxx Xxxxxxx Co., Printers • Fergus Falls, MN • 1-800-346-4870 BOUND 50 3-PART SETS PER BOOK. DELAYED PRICING GRAIN PURCHASE CONTRACT 00001 This is an agreement that the Seller of on (Seller’s Name) (Seller’s Address) (Date) has sold and agreed to deliver to the Buyer, at (Buyer’s Address) a net quantity of (bu. cwt.) of U.S. of at (% Protein) (%Moisture) (Circle One) (Grade and Kind) (Commodity) at for delivery . (Delivery Location) (Specify Time Period for Delivery) The purchase price of the grain is agreed to be Buyer’s bid price, less charges, at the xxxx Xxxxxx gives notice to buyer to set the price. In the event Seller gives such notice after the trading hours of the Chicago Board of Trade and the Minneapolis Grain Exchange (presently 9:30 A.M. to 1:15 P.M., central time, Monday through Friday), Buyer reserves the right to defer setting a bid price until the next market trading session. In the event such notice shall not have been given on or before , the price of the grain shall be Buyer’s bid price, less charges, after the close of the market on said date, unless other terms have been agreed upon in writing.
Appears in 1 contract
Samples: Purchase Contract
Final and Complete Agreement. This contract shall represent the final, complete and exclusive statement of agreement between the parties and may not be modified, supplemented or waived, except in writing signed by both parties. NORTH DAKOTA NOTICE: A ND Indemnity Fund Assessment of .2% (.002) of the value of grain covered by this contract may be deducted at settlement. NOTICE TO FINAL:_______________________________________ PRICED: _____________________________________ BUSHELS: ___________________________________ NOTICETO SELLER OF FINANCIAL RISK MINNESOTA - THIS CONTRACT CONSTITUTES A VOLUNTARY EXTENSION OF CREDIT. THIS CONTRACT NOT COVERED BY ANY GRAIN BUYER’S OR STORAGE BOND. MONTANA - INTHE IN THE EVENT OFFINANCIAL OF FINANCIAL INSOLVENCY, AMOUNTS OWINGAFTER OWING AFTER SURETY BOND PAYMENT, MAY RESULT IN AN UNSECURED OBLIGATION. THE SELLER IS HEREBY ADVISED OFTHE FINANCIAL RISK INVOLVEDWITHTHISTYPE OF THE FINANCIAL RISKS INVOLVED INTHIS CONTRACT. NORTH DAKOTA - THIS CONTRACT IS NOT PROTECTED BY BOND COVERAGE INTHE IN THE EVENT OF BUYER’S INSOLVENCY. SOUTH DAKOTA - THIS CONTRACT IS NOT PROTECTED BY SOUTH DAKOTA STATUTORY BOND COVERAGES. Seller SELLER (Authorized Signature(s) Date (AUTHORIZED SIGNATURE) In witness whereof, the parties have signed this contract Buyerthis day of (month), (year). BUYER: Date SELLER: (Authorized SignatureSignature(s) Seller: Date LOOSE FORM 2566 (Authorized Signature) DATE SCALE TKT. NO. BUSHELS DATE SCALE TKT. NO. BUSHELS SCALE TICKET SUMMARY FORM 2562 (Rev Rev. 5/10) 000,000 • Xxxxxx Xxxxxxx Co., Printers • Fergus Falls, MN • 1-800-346-4870 BOUND 50 3-PART SETS PER BOOK(Authorized Signature(s) TRIPLICATE SETS. DELAYED PRICING MINIMUM PRICE GRAIN PURCHASE CONTRACT 00001 This is an agreement that the Seller of on (Seller’s Name) (Seller’s Address) (Date) has sold and agreed to deliver to the Buyer, (Company Name) at (Buyer’s Address, City, State, & Zip Code) a net quantity of (bu. cwt.) of U.S. of at (% Protein) (%Moisture) (Circle One) (Grade and Kind) (Commodity) at for delivery . The final price per bushel will be a basis of ¢ (Delivery Location) (Specify Time Period for Delivery) The purchase price of the grain is agreed to be Buyer’s bid price, less charges, futures contract at the xxxx Xxxxxx time the Seller gives the Buyer notice to buyer to set the final price. (Over/Under) (CBOT/MGE/KCBT/MIDAM) (Month/Year) (Commodity) The initial payment of the minimum price shall be considered final payment unless the Seller fixes the futures price during the trading session on or before . (Expiration Date) In the event Seller gives such notice after the trading hours futures contract price is not fixed by the close on the final day of the Chicago Board of Trade and the Minneapolis Grain Exchange (presently 9:30 A.M. to 1:15 P.M., central time, Monday through Friday), Buyer reserves the right to defer setting a bid price until the next market trading session. In the event such notice shall not have been given on or before pricing, the price of Seller accepts the grain shall be Buyer’s bid minimum price, less charges, after the close of the market on said date, unless other terms have been agreed upon in writing.
Appears in 1 contract
Final and Complete Agreement. This contract shall represent the final, complete and exclusive statement of agreement between the parties and may not be modified, supplemented or waived, except in writing signed by both parties. NORTH DAKOTA NOTICENorth Dakota Notice: A ND Indemnity Fund Assessment of .2% (.002) of .2%(.002)of the value of grain covered by this contract may be deducted at settlement. NOTICE TO SELLER OF FINANCIAL RISK MINNESOTA - THIS CONTRACT CONSTITUTES A VOLUNTARY EXTENSION OF CREDIT. THIS CONTRACT IS NOT COVERED BY ANY GRAIN BUYER’S 'S BOND OR STORAGE BOND. MONTANA - INTHE IN THE EVENT OFFINANCIAL OF FINANCIAL INSOLVENCY, AMOUNTS OWINGAFTER OWING AFTER SURETY BOND PAYMENT, MAY RESULT IN AN UNSECURED OBLIGATION. THE SELLER IS HEREBY ADVISED OFTHE FINANCIAL RISK INVOLVEDWITHTHISTYPE OF THE FINANCIAL RISKS INVOLVED INTHIS CONTRACT. NORTH DAKOTA - THIS CONTRACT IS NOT PROTECTED BY BOND COVERAGE INTHE IN THE EVENT OF BUYER’S INSOLVENCY. SOUTH DAKOTA - THIS CONTRACT IS NOT PROTECTED BY SOUTH DAKOTA STATUTORY BOND COVERAGES. Seller Date (AUTHORIZED SIGNATURE) DATE In witness whereof, the parties have signed this contract Buyerthis day of (month), (year). FORM 2559 (Rev-1/10) BUYER: Date (Authorized SignatureSignature(s) SellerDate SELLER: Date (Authorized SignatureSignature(s) DATE SCALE TKT. NO. BUSHELS DATE SCALE TKT. NO. BUSHELS SCALE TICKET SUMMARY FORM 2562 (Rev 5/10) Date 000,000 • Xxxxxx Xxxxxxx Co., Printers • Fergus Falls, MN • 1-800-346-4870 BOUND 50 3-PART SETS PER BOOK. DELAYED PRICING LOOSE TRIPLICATE SAMPLE HEDGE (FUTURES FIXED) TO ARRIVE GRAIN PURCHASE CONTRACT 00001 This is an agreement that the Seller of on (Seller’s Name) of on (Seller’s Address) (Date) has sold and agreed to deliver to the Buyer, (Company Name) at (Buyer’s Address) a net quantity of (bu. / cwt.) (Buyer’s Address) of U.S. of at (% Protein) (%% Moisture) at (Circle One) for delivery (Grade and Kind) (Commodity) at for delivery . (Delivery Location) . The purchase price has not yet been set by Seller. The purchase price will be the 1) Futures Contract price of (Specify Time Period for Delivery) The purchase price of for the grain is agreed to be Buyer’s bid price, less charges, Futures Contract on the (month/year) (CBOT/MGE/KCBT) (Amount) and 2) the “cash basis” at the xxxx Xxxxxx gives notice to buyer Buyer to set the price. In The cash basis will be the event difference between the price of the Futures Contract and the cash price of the grain at destination for the designated arrival period in this contract at the xxxx Xxxxxx elects to set the purchase price. The cash basis could be a plus or minus figure at the time of pricing. Buyer will advance to Seller gives such notice after %(not to exceed 80%) of the market value of the grain upon completion of delivery. If the market value of the grain drops below 110% of the advance amount, partial repayment of the advance to maintain the 10% differential will be required from Seller. If Seller does not provide the required funds on short notice, this contract may be liquidated by Buyer, and Seller will be liable for any deficit. Settlement will be made to Seller when the cash price is fixed. Seller agrees to set the “cash basis” and thereby determine the purchase price of said grain on or before (Date) during regular trading hours of the Chicago Board of Trade and the Minneapolis Grain Exchange (presently 9:30 A.M. to 1:15 P.M., central time, Monday through Friday), Buyer reserves the right to defer setting a bid price until the next market trading sessionExchange. In the event such notice shall not have been given on or before , the price of the grain shall be Buyer’s bid price, less charges, after the close of the market on said date, unless Unless other terms have been agreed upon in writingprior to said date, Buyer is authorized to set the cash basis and the cash price of said contract if the grain has not been priced by Seller by said date. Seller shall pay Buyer a service charge equal to the greater of 1) cents per bushel or 2) cents per bushel per month or fraction thereof from delivery of the grain to the date that the cash price is set. The service charge shall be payable at the time the purchase price is determined.
Appears in 1 contract
Samples: 3989ac5bcbe1edfc864a-0a7f10f87519dba22d2dbc6233a731e5.ssl.cf2.rackcdn.com
Final and Complete Agreement. This contract shall represent the final, complete and exclusive statement of agreement between the parties and may not be modified, supplemented or waived, except in writing signed by both parties. NORTH DAKOTA NOTICE: A ND Indemnity Fund Assessment of .2% (.002) of the value of grain covered by this contract may be deducted at settlement. NOTICE TO SELLER OF FINANCIAL RISK MINNESOTA - THIS CONTRACT CONSTITUTES A VOLUNTARY EXTENSION OF CREDIT. THIS CONTRACT NOT COVERED BY ANY GRAIN BUYER’S OR STORAGE BOND. MONTANA - INTHE EVENT OFFINANCIAL INSOLVENCY, AMOUNTS OWINGAFTER SURETY BOND PAYMENT, MAY RESULT IN AN UNSECURED OBLIGATION. THE SELLER IS HEREBY ADVISED OF THE FINANCIAL RISKS INVOLVED INTHIS CONTRACT. NORTH DAKOTA - THIS CONTRACT IS NOT PROTECTED BY BOND COVERAGE INTHE EVENT OF BUYER’S INSOLVENCY. SOUTH DAKOTA - THIS CONTRACT IS NOT PROTECTED BY SOUTH DAKOTA STATUTORY BOND COVERAGES. Seller Date (AUTHORIZED SIGNATURE) In witness whereof, the parties have signed this contract Buyer: Date (Authorized Signature) DATE PRICED: PRICE: BUSHELS: Seller: Date (Authorized Signature) THIS TEXT PRINTED ON THE PINK 3RD PART ONLY. DATE SCALE TKT. NO. BUSHELS DATE SCALE TKT. NO. BUSHELS SCALE TICKET SUMMARY FORM 2562 (Rev 5/10) 000,000 • Xxxxxx Xxxxxxx Co., Printers • Fergus Falls, MN • 1-800-346-4870 BOUND 50 3-PART SETS PER BOOK. DELAYED PRICING GRAIN PURCHASE CONTRACT 00001 This is an agreement that the Seller of on (Seller’s Name) (Seller’s Address) (Date) has sold and agreed to deliver to the Buyer, at (Buyer’s Address) a net quantity of (bu. cwt.) of U.S. of at (% Protein) (%Moisture) (Circle One) (Grade and Kind) (Commodity) at for delivery . (Delivery Location) (Specify Time Period for Delivery) The purchase price of the grain is agreed to be Buyer’s bid price, less charges, at the xxxx Xxxxxx gives notice to buyer to set the price. In the event Seller gives such notice after the trading hours of the Chicago Board of Trade and the Minneapolis Grain Exchange (presently 9:30 A.M. to 1:15 P.M., central time, Monday through Friday), Buyer reserves the right to defer setting a bid price until the next market trading session. In the event such notice shall not have been given on or before , the price of the grain shall be Buyer’s bid price, less charges, after the close of the market on said date, unless other terms have been agreed upon in writing.4870
Appears in 1 contract
Samples: Purchase Contract
Final and Complete Agreement. This contract shall represent the final, complete and exclusive statement of agreement between the parties and may not be modified, supplemented or waived, except in writing signed by both parties. NORTH DAKOTA NOTICE: A ND Indemnity Fund Assessment of .2% (.002) of the value of grain covered by this contract may be deducted at settlement. NOTICE TO SELLER OF FINANCIAL RISK MINNESOTA - THIS CONTRACT CONSTITUTES A VOLUNTARY EXTENSION OF CREDIT. THIS CONTRACT NOT COVERED BY ANY GRAIN BUYER’S OR STORAGE BOND. MONTANA - INTHE IN THE EVENT OFFINANCIAL OF FINANCIAL INSOLVENCY, AMOUNTS OWINGAFTER OWING AFTER SURETY BOND PAYMENT, MAY RESULT IN AN UNSECURED OBLIGATION. THE SELLER IS HEREBY ADVISED OF THE FINANCIAL RISKS RISK INVOLVED INTHIS WITH THIS TYPE OF CONTRACT. NORTH DAKOTA - THIS CONTRACT IS NOT PROTECTED BY BOND COVERAGE INTHE IN THE EVENT OF BUYER’S INSOLVENCY. SOUTH DAKOTA - THIS CONTRACT IS NOT PROTECTED BY SOUTH DAKOTA STATUTORY BOND COVERAGES. Seller Date (AUTHORIZED SIGNATURE) In witness whereof, the parties have signed this contract Buyerthis day of (month), (year). FORM 2558 (Rev 10/09) BUYER: Date (Authorized SignatureSignature(s)) SellerDate SELLER: Date (Authorized SignatureSignature(s)) DATE SCALE TKT. NO. BUSHELS DATE SCALE TKT. NO. BUSHELS SCALE TICKET SUMMARY FORM 2562 (Rev 5/10) Date 000,000 • Xxxxxx Xxxxxxx Co., Printers • Fergus Falls, MN • 1-800-346-4870 BOUND 50 3-PART SETS PER BOOK. DELAYED PRICING BASIS FIXED GRAIN PURCHASE CONTRACT 00001 This is an agreement that the Seller of on (Seller’s Name) (Seller’s Address) (Date) has sold and agreed to deliver to the Buyer, at (Buyer’s Address) a net quantity of (bu. cwt.) of U.S. of at (% Protein) (%Moisture) (Circle One) (Grade and Kind) (Commodity) at for delivery . The purchase price per bushel has not yet been set by Seller. (Delivery Location) (Specify Time Period for Delivery) The purchase price will be a basis of ¢ the grain is agreed to be Buyer’s bid price, less charges, futures contract at the xxxx Xxxxxx (Over/Under) (CBOT/MGE/KCBT) (Month/Year) (Commodity) gives notice to buyer Buyer to set the price. In the event Seller gives such notice after the The price must be set during trading hours of the Chicago Board of Trade and Exchange on which the Minneapolis Grain Exchange basis is fixed, not later than . (presently 9:30 A.M. to 1:15 P.M., central time, Monday through Friday), Buyer reserves the right to defer setting a bid price until the next market trading session. In the event such notice shall not have been given on or before , the price of the grain shall be Buyer’s bid price, less charges, after the close of the market on said date, unless Date) Unless other terms have been agreed upon in writingprior to said date, Buyer is authorized to fix the futures price (thereby establishing the purchase price) during the next trading session if Seller has not priced the grain by the date indicated. Buyer will advance to Seller % (not to exceed 80%) of the market value of the grain upon completion of delivery. If the market value of the grain drops below 110% of the advance amount, partial repayment of the advance to maintain the 10% differential will be required from Seller. If Seller does not provide the required funds on short notice, this contract may be liquidated by Buyer, and Seller will be liable for any deficit. Settlement will be made to Seller when the futures price is fixed.
Appears in 1 contract
Samples: Basis Fixed Grain Purchase Contract
Final and Complete Agreement. This contract shall represent the final, complete and exclusive statement of agreement between the parties and may not be modified, supplemented or waived, except in writing signed by both parties. NORTH DAKOTA NOTICE: A ND Indemnity Fund Assessment of .2% (.002) of the value of grain covered by this contract may be deducted at settlement. NOTICE TO NOTICETO SELLER OF FINANCIAL RISK MINNESOTA - THIS CONTRACT CONSTITUTES A VOLUNTARY EXTENSION OF CREDIT. THIS CONTRACT NOT COVERED BY ANY GRAIN BUYER’S OR STORAGE BOND. MONTANA - INTHE IN THE EVENT OFFINANCIAL OF FINANCIAL INSOLVENCY, AMOUNTS OWINGAFTER OWING AFTER SURETY BOND PAYMENT, MAY RESULT IN AN UNSECURED OBLIGATION. THE SELLER IS HEREBY ADVISED OFTHE FINANCIAL RISK INVOLVEDWITHTHISTYPE OF THE FINANCIAL RISKS INVOLVED INTHIS CONTRACT. NORTH DAKOTA - THIS CONTRACT IS NOT PROTECTED BY BOND COVERAGE INTHE IN THE EVENT OF BUYER’S INSOLVENCY. SOUTH DAKOTA - THIS CONTRACT IS NOT PROTECTED BY SOUTH DAKOTA STATUTORY BOND COVERAGES. Seller SELLER (Authorized Signature(s) Date (AUTHORIZED SIGNATURE) In witness whereof, the parties have signed this contract Buyerthis day of (month), (year). FINAL: Date PRICED: BUSHELS: BUYER: THIS TEXT PRINTED ON THE PINK 3RD PART ONLY. SELLER: (Authorized SignatureSignature(s) Seller: Date LOOSE FORM 2566 (Authorized Signature) DATE SCALE TKT. NO. BUSHELS DATE SCALE TKT. NO. BUSHELS SCALE TICKET SUMMARY FORM 2562 (Rev Rev. 5/10) 000,000 • Xxxxxx Xxxxxxx Co., Printers • Fergus Falls, MN • 1-800-346-4870 BOUND 50 3-PART SETS PER BOOK. DELAYED PRICING GRAIN PURCHASE CONTRACT 00001 This is an agreement that the Seller of on (Seller’s Name) (Seller’s Address) (Date) has sold and agreed to deliver to the Buyer, at (Buyer’s Address) a net quantity of (bu. cwt.) of U.S. of at (% Protein) (%Moisture) (Circle One) (Grade and Kind) (Commodity) at for delivery . (Delivery Location) (Specify Time Period for Delivery) The purchase price of the grain is agreed to be Buyer’s bid price, less charges, at the xxxx Xxxxxx gives notice to buyer to set the price. In the event Seller gives such notice after the trading hours of the Chicago Board of Trade and the Minneapolis Grain Exchange (presently 9:30 A.M. to 1:15 P.M., central time, Monday through FridayAuthorized Signature(s), Buyer reserves the right to defer setting a bid price until the next market trading session. In the event such notice shall not have been given on or before , the price of the grain shall be Buyer’s bid price, less charges, after the close of the market on said date, unless other terms have been agreed upon in writing.
Appears in 1 contract
