Common use of Promise to Perform Clause in Contracts

Promise to Perform. PRODUCER agrees and understands that HORMEL FOODS’ payment of any sums required under this Agreement is made in reliance upon PRODUCER’S promise to perform all terms of this Agreement for the entire term of the contract.

Promise to Perform. PRODUCER agrees and understands that HORMEL FOODS’ payment of any sums required under this Agreement the Contract Price as set forth in Section 4 is made in reliance upon PRODUCER’S promise to perform all terms of under this Agreement for the entire term of the contractAgreement.