Common use of Member’s Certificate Clause in Contracts

Member’s Certificate. The undersigned applicant (the “Applicant”) represents, warrants and certifies the following information to be true: 1. In this Member’s Certificate, the following words have the following meanings:‌‌‌‌ (a) “active member”, in respect of a partnership or a joint venture, means an individual who is a partner in the partnership or a member of the joint venture and who, on land in Alberta owned or leased by the partners or members, directly carries on the business of farming on behalf of and for the gain or reward of the partners or members; (b) “active shareholder”, in respect of a corporation, means an individual who is a shareholder of the corporation and who, on land in Alberta owned or leased by the corporation, directly carries on the business of farming on behalf of and for the gain or reward of the corporation, and involvement as an investor, shareholder, partner or member does not, by itself, constitute directly carrying on the business of farming. 2. The complete name of the Applicant is correctly set forth above. 3. The Applicant is not an undischarged bankrupt. 4. The Applicant is not a member of another feeder association, or has been authorized in writing by the Provincial Supervisor to be a member of more than one feeder association (if the Applicant has been authorized by the Provincial Supervisor to be a member of more than one feeder association, attach a copy of the Provincial Supervisor’s written authorization to this form). 5. The Applicant, if an individual, is an individual who is 18 years of age or older and who: (a) Owns or leases land in Alberta on which the individual directly carries on the business of farming for gain or reward, or (b) Is an active shareholder of a corporation referred to in clause 6 of this Certificate or an active member of a partnership or joint venture referred to in clause 7 of this Certificate. 6. The Applicant, if a corporation, is a corporation: (a) That is registered in Alberta, and (b) That owns or leases land in Alberta on which one or more active shareholders of the corporation directly carry on the business of farming on behalf of and for the gain or reward of the corporation.‌‌ 7. The Applicant, if a partnership or joint venture, is a partnership or joint venture whose partners or members own or lease land in Alberta on which one or more active members of the partnership or joint venture directly carry on the business of farming on behalf of and for the gain or reward of the partners or members. 8. The Applicant, if an individual, wishes to hold the membership with another individual who qualifies for membership and whose name is (if no joint membership is requested, insert “not applicable”). 9. The Applicant acknowledges that the Feeder Associations Guarantee Regulations (the “Regulations”) require that every person shall, before becoming a member of a feeder association, to disclose in writing to the feeder association: (a) Every interest that the person holds in a corporation, partnership or joint venture that holds a membership in that or any other feeder association; and (b) Each membership that the person holds, whether solely or jointly, in other feeder associations. The Applicant makes the following disclosure pursuant to this requirement (if none, insert “not applicable”): 10. The Applicant also acknowledges that the Regulations require that every person shall, before becoming a member of a feeder association, to give written notice of the person’s intention to enter into another member agreement to: (a) Any feeder associations of which the person is already a feeder member; and (b) Any feeder associations of which a corporation, partnership or joint venture in which the person holds an interest is a feeder member. The Applicant has given notice to the following Feeder Associations pursuant to this requirement (if none, insert “not applicable”): DATED at , in the Province of Alberta, this day of , 20 . (Print complete name of corporation, partnership or joint venture if the applicant is a corporation, partnership or joint venture) Per: Signature and printed name of Applicant or Applicant’s representative Per: Signature and printed name of Applicant or Applicant’s representative

Member’s Certificate. The undersigned applicant (the “Applicant”) represents, warrants and certifies the following information to be true: 1. In this Member’s Certificate, the following words have the following meanings:‌‌‌‌meanings: (a) “active member”, in respect of a partnership or a joint venture, means an individual who is a partner in the partnership or a member of the joint venture and who, on land in Alberta owned or leased by the partners or members, directly carries on the business of farming on behalf of and for the gain or reward of the partners or members; (b) “active shareholder”, in respect of a corporation, means an individual who is a shareholder of the corporation and who, on land in Alberta owned or leased by the corporation, directly carries on the business of farming on behalf of and for the gain or reward of the corporation, and involvement as an investor, shareholder, partner or member does not, by itself, constitute directly carrying on the business of farming. 2. The complete name of the Applicant is correctly set forth above. 3. The Applicant is not an undischarged bankrupt. 4. The Applicant is not a member of another feeder association, or has been authorized in writing by the Provincial Supervisor to be a member of more than one feeder association (if the Applicant has been authorized by the Provincial Supervisor to be a member of more than one feeder association, attach a copy of the Provincial Supervisor’s written authorization to this form). 5. The Applicant, if an individual, is an individual who is 18 years of age or older and who: (a) Owns or leases land in Alberta on which the individual directly carries on the business of farming for gain or reward, or (b) Is an active shareholder of a corporation referred to in clause 6 of this Certificate or an active member of a partnership or joint venture referred to in clause 7 of this Certificate. 6. The Applicant, if a corporation, is a corporation: (a) That is registered in Alberta, and (b) That owns or leases land in Alberta on which one or more active shareholders of the corporation directly carry on the business of farming on behalf of and for the gain or reward of the corporation.‌‌corporation. 7. The Applicant, if a partnership or joint venture, is a partnership or joint venture whose partners or members own or lease land in Alberta on which one or more active members of the partnership or joint venture directly carry on the business of farming on behalf of and for the gain or reward of the partners or members. 8. The Applicant, if an individual, wishes to hold the membership with another individual who qualifies for membership and whose name is (if no joint membership is requested, insert “not applicable”). 9. The Applicant acknowledges that the Feeder Associations Guarantee Regulations (the “Regulations”) require that every person shall, before becoming a member of a feeder association, to disclose in writing to the feeder association: (a) Every interest that the person holds in a corporation, partnership or joint venture that holds a membership in that or any other feeder association; and (b) Each membership that the person holds, whether solely or jointly, in other feeder associations. The Applicant makes the following disclosure pursuant to this requirement (if none, insert “not applicable”): 10. The Applicant also acknowledges that the Regulations require that every person shall, before becoming a member of a feeder association, to give written notice of the person’s intention to enter into another member agreement to: (a) Any feeder associations of which the person is already a feeder member; and (b) Any feeder associations of which a corporation, partnership or joint venture in which the person holds an interest is a feeder member. The Applicant has given notice to the following Feeder Associations pursuant to this requirement (if none, insert “not applicable”): DATED at , in the Province of Alberta, this day of , 20 . (Print complete name of corporation, partnership or joint venture if the applicant is a corporation, partnership or joint venture) Per: Signature and printed name of Applicant or Applicant’s representative Per: Signature and printed name of Applicant or Applicant’s representative