Common use of New Milk Incentive Clause in Contracts

New Milk Incentive. If the Supplier is able to increase either or both of their Milk Solids in Milk accepted by Tatura during any month in the Term compared to the Milk Solids accepted by Tatura during the same month in the previous Financial Year (New Milk Baseline), the Supplier will be eligible for a new milk incentive at the rates set out in Item 8 of the Details (New Milk Incentive). The New Milk Incentive will be paid at the same time as payments are made under the Applicable Pay Rate. The New Milk Incentive will be paid on the amount of Milk Solids in Milk which is accepted by Tatura during each month of the Term over and above the New Milk Baseline. If the Supplier is a new supplier to Tatura, the New Milk Baseline applicable is set out in Item 9 of the Details and is based on the evidence provided by the Supplier to Tatura of their supply to their previous processor for that period. Suppliers paid under either MPS 1 or MPS 9/3 are eligible to receive the New Milk Incentive. If there is more than one Farm listed in Item 1 of the Details, Tatura will group all those Farms together for the purposes of calculating the New Milk Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the New Milk Incentive will be calculated and paid on a per Farm basis.

New Milk Incentive. If the Supplier is able to increase either or both of their Milk Solids in Milk accepted by Tatura Bega during any calendar month in the Term compared to the Milk Solids accepted by Tatura Bega during the same calendar month in the previous Financial Year (New Milk Baseline), the Supplier will be eligible for a new milk incentive at the rates set out in Item 8 of the Details (New Milk Incentive). The New Milk Incentive will be paid at the same time as one month after payments are made under the Applicable Pay Rate. The New Milk Incentive will be paid on the amount of Milk Solids in Milk which is accepted by Tatura Bega during each calendar month of the Term over and above the New Milk Baseline. If the Supplier is a new supplier to TaturaBega, the New Milk Baseline applicable is set out in Item 9 of the Details and is based on the evidence provided by the Supplier to Tatura Bega of their supply to their previous processor for that period. Suppliers paid under either MPS 1 or MPS 9/3 are eligible to receive the New Milk Incentive. If there is more than one Farm listed in Item 1 of the Details, Tatura Bega will group all those Farms together for the purposes of calculating the New Milk Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the New Milk Incentive will be calculated and paid on a per Farm basis.

New Milk Incentive. If the Supplier is able to increase either or both of their Milk Solids in Milk accepted by Tatura Bega during any calendar month in the Term compared to the Milk Solids accepted by Tatura Bega during the same calendar month in the previous Financial Year (New Milk Baseline), the Supplier will be eligible for a new milk incentive at the rates set out in Item 8 of the Details (New Milk Incentive). The New Milk Incentive will be paid at the same time as one month after payments are made under the Applicable Pay Rate. The New Milk Incentive will be paid on the amount of Milk Solids in Milk which is accepted by Tatura Bega during each calendar month of the Term over and above the New Milk Baseline. If the Supplier is a new supplier to TaturaBega, the New Milk Baseline applicable is set out in Item 9 of the Details and is based on the evidence provided by the Supplier to Tatura Bega of their supply to their previous processor for that period. Suppliers paid under either MPS 1 or MPS 9/3 2 are eligible to receive the New Milk Incentive. If there is more than one Farm listed in Item 1 of the Details, Tatura Bega will group all those Farms together for the purposes of calculating the New Milk Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the New Milk Incentive will be calculated and paid on a per Farm basis.