Prior Deemed Milk Supply definition
Examples of Prior Deemed Milk Supply in a sentence
If the Supplier is a new supplier to Tatura, the Growth Incentive Baseline is set out in Item 11 of the Details and, if the Supplier commences supplying Tatura part way through a Financial Year, then Growth Incentive will be calculated based on: • the Supplier’s Prior Deemed Milk Supply as set out in Item 13 of the Details; and • Fresh Milk and Grade 2 Milk accepted by Tatura during the Term, (Total Annual Milk).
Baseline is set out in Item 11 of the Details and, if the Supplier commences supplying Bega part way through a Financial Year, then the Growth Incentive will be calculated based on: • the Supplier’s Prior Deemed Milk Supply as set out in Item 13 of the Details; and • Milk accepted by Bega during the Term, (Total Annual Milk).
If the Supplier is a new supplier to Bega, the Growth Milk Baseline is set out in Item 11 of the Details and, if the Supplier commences supplying Bega part way through a Financial Year, then the Growth Incentive will be calculated based on: • the Supplier’s Prior Deemed Milk Supply as set out in Item 13 of the Details; and • Milk accepted by Bega during the Term, (Total Annual Milk).
Note: If you commence supplying Bega part way through a Financial Year, then the possible Growth Incentive will be calculated based on: • your Prior Deemed Milk Supply as set out in Item 12 of the Details; and • the Milk Solids in Milk accepted by Bega during the applicable Growth Incentive Period, (Total Annual Milk).