Common use of Repayment of the Advance Clause in Contracts

Repayment of the Advance. 3.1 Repayment of the Advance - Field Crops & Honey 3.1.1 The Producer shall repay the amount of the advance as specified in this Repayment Agreement to the Administrator as the Agricultural Products listed on the Advance are sold, and within thirty (30) calendar days of receipt of payment for their agricultural product, but no later than the end of the applicable Production Period. The minimum repayment amount is calculated by multiplying the Advance Rate in effect at the time the advance was issued by the number of production units sold. Repayment can be made with one, or a combination, of the following: Terms & Conditions of the Repayment Agreement (a) where the Producer sells Agricultural Product for which the advance was made to a buyer and requests that the buyer remit a repayment to the Administrator by withholding from any amount they pay to the Producer for each unit of Agricultural Product, until all the advances made to the Producer and the interest payable by the Producer on those advances are repaid. The producer shall remain liable to the Administrator for repayment of any part of the advance where the buyer has failed to remit to the Administrator that part of the advance withheld by it pursuant to its Agreement with the Administrator.

Repayment of the Advance. 3.1 Repayment of the Advance - Field Crops & Honey 3.1.1 The Producer shall repay the amount of the advance as specified in this Repayment Agreement to the Administrator as the Agricultural Products listed on the Advance are sold, and and, within the earlier of thirty (30) calendar days of receipt of payment for their agricultural product, and sixty (60) calendar days of delivery to the buyer but no later than the end of the applicable Production Period. The minimum repayment amount is calculated by multiplying the Advance Rate in effect at the time the advance was issued by the number of production units sold. Repayment can be made with one, or a combination, of the following: Terms & Conditions of the Repayment Agreement: (a) where the Producer sells Agricultural Product for which the advance was made to a buyer and requests that the buyer remit a repayment to the Administrator by withholding from any amount they pay to the Producer for each unit of Agricultural Product, until all the advances made to the Producer and the interest payable by the Producer on those advances are repaid. The producer shall remain liable to the Administrator for repayment of any part of the advance where the buyer has failed to remit to the Administrator that part of the advance withheld by it pursuant to its Agreement with the Administrator.. Terms & Conditions of the Repayment Agreement 32

Repayment of the Advance. 3.1 Repayment of the Advance - Field Crops & Honey 3.1.1 The Producer shall repay the amount of the advance as specified in this Repayment Agreement to the Administrator as the Agricultural Products listed on the Advance are sold, and and, within the earlier of thirty (30) calendar days of receipt of payment for their agricultural product, and sixty (60) calendar days of delivery to the buyer but no later than the end of the applicable Production Period. The minimum repayment amount is calculated by multiplying the Advance Rate in effect at the time the advance was issued by the number of production units sold. Repayment can be made with one, or a combination, of the following: Terms & Conditions of the Repayment Agreement: (a) where the Producer sells Agricultural Product for which the advance was made to a buyer and requests that the buyer remit a repayment to the Administrator by withholding from any amount they pay to the Producer for each unit of Agricultural Product, until all the advances made to the Producer and the interest payable by the Producer on those advances are repaid. The producer shall remain liable to the Administrator for repayment of any part of the advance where the buyer has failed to remit to the Administrator that part of the advance withheld by it pursuant to its Agreement with the Administrator.

Repayment of the Advance. 3.1 Repayment of the Advance - Field Crops & Honey 3.1.1 The Producer shall repay the amount of the advance as specified in this Repayment Agreement to the Administrator as the Agricultural Products listed on the Advance are sold, and and, within the earlier of thirty (30) calendar days of receipt of payment for their agricultural product, and sixty (60) calendar days of delivery to the buyer but no later than the end of the applicable Production Period. The minimum repayment amount is calculated by multiplying the Advance Rate in effect at the time the advance was issued by the number of production units sold. Repayment can be made with one, or a combination, of the following: Terms & Conditions of the Repayment Agreement: (a) where the Producer sells Agricultural Product for which the advance was made to a buyer and requests that the buyer remit a repayment to the Administrator by withholding from any amount they pay to the Producer for each unit of Agricultural Product, until all the advances made to the Producer and the interest payable by the Producer on those advances are repaid. The producer shall remain liable to the Administrator for repayment of any part of the advance where the buyer has failed to remit to the Administrator that part of the advance withheld by it pursuant to its Agreement with the Administrator.. Terms & Conditions of the Repayment Agreement 31

Repayment of the Advance. 3.1 Repayment of the Advance - Field Crops & Honey 3.1.1 The Producer shall repay the amount of the eligible advance as specified in this Repayment Agreement to the Administrator as by the end of the Program Year: a) where the Producer otherwise sells or disposes of that portion of Agricultural Products listed on Product in respect of which the Advance are soldadvance is made, and by paying directly to the Administrator for each unit of Agricultural Product within thirty (30) calendar days of receipt of payment for their agricultural product, but no later than the end of the applicable Production Period. The minimum repayment an amount is calculated by multiplying at the Advance Rate rate in effect at the time of repayment accompanied by corresponding receipts (in the advance was issued name that is on the advance), until all the Advances made to the Producer and the interest payable by the number of production units sold. Repayment can be made with oneProducer and any fees charged, or a combination, of the following: Terms & Conditions of the Repayment Agreementon those Advances are repaid in full. (ab) where the Producer sells Agricultural Product for which the advance was made to a buyer and requests that the buyer remit a repayment by assigning to the Administrator by withholding from any amount they pay amounts payable to the Producer for each unit under an eligible BRM program which the Administrator will apply to repay the advance within three (3) days of Agricultural Product, receipt of such amounts until all the advances made to the Producer and the interest payable by the Producer on those advances Advances are repaid. The producer shall remain liable Administrator will reimburse any amount received from a BRM program in excess of the outstanding advance to the producer within seven (7) days of receipt. c) the Producer agrees that the full amount of repayments received by the Administrator for repayment of any part will be applied to the portion of the advance where on which the buyer has failed to remit to Minister pays the Administrator that part interest, before the portion of the advance withheld by it pursuant to its Agreement with on which the AdministratorProducer pays the interest.

Repayment of the Advance. 3.1 Repayment of the Advance - Field Crops & Honey 3.1.1 The Producer shall repay the amount of the advance as specified in this Repayment Agreement to the Administrator as the Agricultural Products listed on the Advance are sold, and and, within the earlier of thirty (30) calendar days of receipt of payment for their agricultural product, and sixty (60) calendar days of delivery to the buyer but no later than the end of the applicable Production Period. The minimum repayment amount is calculated by multiplying the Advance Rate in effect at the time the advance was issued by the number of production units sold. Repayment can be made with one, or a combination, of the following: Terms & Conditions of the Repayment Agreement: (a) where the Producer sells Agricultural Product for which the advance was made to a buyer and requests that the buyer remit a repayment to the Administrator by withholding from any amount they pay to the Producer for each unit of Agricultural Product, until all the advances made to the Producer and the interest payable by the Producer on those advances are repaid. The producer shall remain liable to the Administrator for repayment of any part of the advance where the buyer has failed to remit to the Administrator that part of the advance withheld by it pursuant to its Agreement with the Administrator.. Terms & Conditions of the Repayment Agreement 23