MATERIAL RISK DISCLOSURE STATEMENT Sample Clauses

MATERIAL RISK DISCLOSURE STATEMENT. Please carefully consider the following risk factors in addition to your personal animal husbandry skills, management skills, experience and knowledge before signing the Agreement. · Performance under the terms of the Agreement does not ensure that you will make a profit. · The Agreement requires that you deliver a specific quantity of pigs for the entire term of the Agreement. This may turn out not to be the most beneficial way for you to market hogs. · You bear all risks of production of market hogs. · You are responsible for compliance with all applicable federal, state and local laws and regulations. · We may change our policies with respect to deductions for dead, fatigued or injured hogs and non-harvestable hogs from time to time. Such changes may mean that you are paid less for the same types of hogs you delivered prior to the change. · You agree to incur all freight costs to deliver hogs to our plant as marked in the Agreement. · If you are in default or amounts you owe us are past due, we may pay you less than amounts you are otherwise due. · We may terminate the Agreement prior to expiration of the term of the Agreement if you are in default. · We may terminate the Agreement prior to expiration of the term of the Agreement if we stop harvesting hogs at the plant(s) designated for delivery of your hogs. · If you are in default, we have the right to pursue any and all remedies available to us at law or in equity. · If you default, you must pay us damages set forth in the Agreement. Your Initials: /s/ G Date: 4/18/13 Contract No._________ Producer No._________ TABLE OF CONTENTS Introduction 1 Definition of “Agreement” 1 Definition of “Effective Date” 1 Definition of “PRODUCER” 1 Definition of “HORMEL FOODS” 1 1. Term 1 Definition of “Weanling Pig Agreement” 1
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MATERIAL RISK DISCLOSURE STATEMENT. Please carefully consider the following risk factors in addition to your personal animal husbandry skills, management skills, experience and knowledge before signing the Agreement. · Performance under the terms of the Agreement does not ensure that you will make a profit. · The Agreement requires that you deliver a specific quantity of pigs for the entire term of the Agreement. This may turn out not to be the most beneficial way for you to market hogs. · You bear all risks of production of market hogs. · You are responsible for compliance with all applicable federal, state and local laws and regulations. · We may change our policies with respect to deductions for dead, fatigued or injured hogs and non-harvestable hogs from time to time. Such changes may mean that you are paid less for the same types of hogs you delivered prior to the change. · You agree to incur all freight costs to deliver hogs to our plant as marked in the Agreement. · If you are in default or amounts you owe us are past due, we may pay you less than amounts you are otherwise due. · We may terminate the Agreement prior to expiration of the term of the Agreement if you are in default. · We may terminate the Agreement prior to expiration of the term of the Agreement if we stop harvesting hogs at the plant(s) designated for delivery of your hogs. · If you are in default, we have the right to pursue any and all remedies available to us at law or in equity. · If you default, you must pay us damages set forth in the Agreement. Your Initials: /s/ G Date: 4/18/13 Contract No._________ Producer No._________ TABLE OF CONTENTS Introduction 1 Definition of “Agreement” 1 Definition of “Effective Date” 1 Definition of “PRODUCER” 1 Definition of “HORMEL FOODS” 1 1. Term 1 2. Additional Capital Investment Disclosure Statement 1 3. Hog Quantity 1
Sample 1

Related to MATERIAL RISK DISCLOSURE STATEMENT

  • Risk Disclosure Statement Counterparty represents and warrants that it has received, read and understands the OTC Options Risk Disclosure Statement provided by Dealer and a copy of the most recent disclosure pamphlet prepared by The Options Clearing Corporation entitled “Characteristics and Risks of Standardized Options”.

  • Disclosure Statement A disclosure statement of the Property signed and dated by the Seller;

  • Material Disclosures If at any time when a Prospectus is required to be delivered under the Securities Act any event occurs as a result of which, in the opinion of the Company, the Prospectus would include an untrue statement of a material fact or omits to state any material fact necessary to make the statements therein, in light of the circumstances under which they are made, not misleading, the Company will promptly notify the Dealer Manager thereof (unless the information shall have been received from the Dealer Manager) and the Dealer Manager and the Participating Dealers shall suspend the offering and sale of the Offered Shares in accordance with Section 4.13 hereof until such time as the Company, in its sole discretion (a) instructs the Dealer Manager to resume the offering and sale of the Offered Shares and (b) has prepared any required supplemental or amended Prospectus as shall be necessary to correct such statement or omission and to comply with the requirements of the Securities Act.

  • Notice Regarding Material Contracts Promptly, and in any event within ten Business Days (i) after any Material Contract of Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;

  • Environmental Disclosure If the Engineer will prepare an environmental impact statement or an environmental assessment under this contract, the Engineer certifies by executing this contract that it has no financial or other interest in the outcome of the project on which the environmental impact statement or environmental assessment is prepared.

  • Disclosure Updates Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, notify Agent if any written information, exhibit, or report furnished to the Lender Group contained, at the time it was furnished, any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made. The foregoing to the contrary notwithstanding, any notification pursuant to the foregoing provision will not cure or remedy the effect of the prior untrue statement of a material fact or omission of any material fact nor shall any such notification have the effect of amending or modifying this Agreement or any of the Schedules hereto.

  • Disclosure Schedule References The parties hereto agree that any reference in a particular Section of the Disclosure Schedule shall only be deemed to be an exception to (or, as applicable, a disclosure for purposes of) (i) the representations and warranties (or covenants, as applicable) of the relevant party that are contained in the corresponding Section of this Agreement and (ii) any other representations and warranties of such party that is contained in this Agreement, but only if the relevance of that reference as an exception to (or a disclosure for purposes of) such representations and warranties would be readily apparent to an individual who has read that reference and such representations and warranties.

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