Common use of Payment Deadlines for Continuous Flow Operations Clause in Contracts

Payment Deadlines for Continuous Flow Operations. Where an Advance is made on a Continuous Flow Operation of Agricultural Product(s) of Livestock, and the Producer otherwise sells or disposes of all or a portion of the Agricultural Product(s) in respect of which the Advance is made, the Producer shall make payment directly to the Administrator for each unit of Agricultural Product(s) with twelve (12) months from the date the advance was made but no later than the end of the Production Period, an amount at no less than the Advance Rate(s) in effect at the time the Advance was issued until the Advance Indebtedness is paid in full.

Payment Deadlines for Continuous Flow Operations. Where an Advance is made on a Continuous Flow Operation of Agricultural Product(s) of Livestock, and the Producer otherwise sells or disposes of all or a portion of the Agricultural Product(s) in respect of which the Advance is made, the Producer shall make payment directly to the Administrator for each unit of Agricultural Product(s) with twelve (12) months from the date the advance was made but no later than the end of the Production Period, an amount at no less than the Advance Rate(s) in effect at the time the Advance was issued until the Advance Indebtedness is paid in full.full.‌