Common use of Stock Losses Clause in Contracts

Stock Losses. ‌ 11.1 If requested by us, you will, following the death or loss of any Stock, immediately notify us of such death or loss, settling out the circumstances in which such death or loss occurred, and whether remedial steps have been taken to protect the remainder of the Stock. 11.2 When Stock die or are lost or are sold without the sale proceeds being remitted to us during the term of this Agreement, you must immediately upon demand pay to us the aggregate Purchase Price for that Stock advanced by us, plus fees and interest at the Default Rate compounded on the first calendar day of each month, commencing from the Settlement Date.

Appears in 2 contracts

Samples: Master Livestock Agreement, Master Livestock Agreement

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Stock Losses. ‌ 11.1 14.1 If requested by us, you will, following the death or loss of any Stock, immediately notify us of such death or loss, settling out the circumstances in which such death or loss occurred, and whether remedial steps have been taken to protect the remainder of the Stock. 11.2 14.2 When Stock die or are lost or are sold without the sale proceeds being remitted to us during the term of this Agreement, you must immediately upon demand pay to us the aggregate Purchase Price for that Stock advanced paid by us, plus fees and interest at the Default Rate compounded on the first calendar day of each month, commencing from the Settlement Date.

Appears in 2 contracts

Samples: Master Livestock Agreement, Master Livestock Agreement

Stock Losses. 11.1 If requested by us, you will, following the death or loss of any Stock, immediately notify us of such death or loss, settling out the circumstances in which such death or loss occurred, and whether remedial steps have been taken to protect the remainder of the Stock. 11.2 When Stock die or are lost or are sold without the sale proceeds being remitted to us during the term of this Agreement, you must immediately upon demand pay to us the aggregate Purchase Price for that Stock advanced by us, plus fees and interest at the Default Rate compounded on the first calendar day of each month, commencing from the Settlement Date.

Appears in 1 contract

Samples: Master Livestock Agreement

Stock Losses. ‌ 11.1 15.1 If requested by us, you will, following the death or loss of any Stock, immediately notify us of such death or loss, settling out the circumstances in which such death or loss occurred, and whether remedial steps have been taken to protect the remainder of the Stock. 11.2 15.2 When Stock die or are lost or are sold without the sale proceeds being remitted to us during the term of this Agreement, you must immediately upon demand pay to us the aggregate Purchase Price for that Stock advanced paid by us, plus fees and interest at the Default Rate compounded on the first calendar day of each month, commencing from the Settlement Date.

Appears in 1 contract

Samples: Master Livestock Agreement

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Stock Losses. 11.1 14.1 If requested by us, you will, following the death or loss of any Stock, immediately notify us of such death or loss, settling out the circumstances in which such death or loss occurred, and whether remedial steps have been taken to protect the remainder of the Stock. 11.2 14.2 When Stock die or are lost or are sold without the sale proceeds being remitted to us during the term of this Agreement, you must immediately upon demand pay to us the aggregate Purchase Price for that Stock advanced paid by us, plus fees and interest at the Default Rate compounded on the first calendar day of each month, commencing from the Settlement Date.

Appears in 1 contract

Samples: Master Livestock Agreement

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