Production contract definition

Production contract means an oral or written agreement executed pursuant to section 202.2 that provides for the production of a commodity or the provision of management services relating to the production of a commodity by a contract producer.

Production contract means a contract for the management, harvesting or sale of forest products to which the Commission is a party;

Production contract means any written agreement that provides for the raising and care of poultry by a poultry producer for a contractor; and

Examples of Production contract in a sentence

• Production contract specifies in detail the quality and quantity of a particular commodity to be procured and the compensation that the producer for the raw commodity would receive for his efforts at a pre-agreed price.

• Procurement of eggs by a 7 year production contract quality, qty, price, date (the details of this medium term contract are unknown)2.Procurement from own estates (eggs & poultry) 3.Procurement of poultry by a 3 year Production contract specifying quality, quantity, price, date4.Long-term verbal arrangement for a weekly supply of pork.

• Misconduct Type: Government Contract Fraud Contracting Party: Defense Court Type: Civil Amount paid: $34.8 million Disposition: Settlement Synopsis: A government investigation found that “Northrop Grumman Corporation’s Military Aircraft Systems Division (NGMASD) unintentionally overbilled the Government on a Low Rate Initial Production contract for the B-2 bomber.” Northrop Grumman paid $34.8 million in a civil settlement to cover the excessive charges and interest.

• PRODUCTION CONTRACT INCOME - Production contract earnings are reported on the percentage-of-completion method.

• Production contract on the other hand exists where the buyer supplies and manages all the inputs on the farm and the farmer usually becomes simply a supplier of the land and labour.

More Definitions of Production contract

Production contract means the contract in the form marked “B” initialled by or on behalf of the parties on the date of this Agreement for the purpose of identification and under which the Commission is to make Timber available for supply to the Company as referred to in clause 5(1);

Production contract means an oral or written agreement executed pursuant to section 579B.2 that provides for the production of a commodity by a contract producer.

Production contract means an oral or written agreement executed pursuant to section 579B.2 that provides for the production of a commodity by a contract producer.99 Acts, ch 169, §14, 22, 24; 2001 Acts, ch 25, §6, 7; 2002 Acts, ch 1119, §94; 2007 Acts, ch22, §100, 101 579B.2 Lien depends upon production contracts.1. A lien established under section 579B.3 depends upon the execution of a production contract that provides for producing a commodity owned by a contractor by a contract producer at the contract producer’s contract operation.2. A production contract is executed when it is signed or orally agreed to by each party to the contract or by a person authorized by a party to act on the party’s behalf, including the contract producer’s personal representative.3. This chapter applies to any production contract that is in force on or after May 24, 1999, regardless of the date that the production contract is executed.99 Acts, ch 169, §15, 22, 24Referred to in §579B.1, 579B.3 579B.3 Establishment of lien.1. A commodity production contract lien is created. The lien is an agricultural lien as provided in section 554.9302.2. A contract producer who is a party to a production contract executed pursuant to section 579B.2 shall have a lien as provided in this section. The contract producer is a secured party and the contractor is a debtor for purposes of chapter 554, article 9. The amount of the lien shall be the amount owed to the contract producer pursuant to the terms of the production contract, which may be enforced as provided in section 579B.5.3. If the production contract is for the production of livestock or raw milk, all of the following shall apply:

Production contract means an oral or written agreement executed pursuant to section 202.2 that provides for the production of a commodity or the provision of management services relating to the production of a commodity by a contract producer.99 Acts, ch 169, §2, 22 – 24; 2006 Acts, ch 1030, §20, 21Referred to in §101.21, 459A.103, 459B.103

Production contract. The entire crop of fruit from the above mentioned grove(s) must be delivered in its entirety. Buyer has the right to reject or accept any fruit not in compliance with the specifications or requirements of this Contract. If fruit is accepted that is not in compliance with the specifications or requirements of this Contract, Buyer may, at its sole discretion make allowances from the Contract price. Notwithstanding anything to the contrary in this Contract, Buyer and Seller shall mutually agree upon the fruit delivery schedule during the final 30 Days of the delivery period hereunder for each variety contracted (the “Final 30 Day Volume”), and Buyer shall not be obligated to purchase hereunder or accept and/or price fruit production exceeding one hundred five percent (105%) of the Final 30 Day Volume for each variety contracted.

Production contract means an oral or written agreement executed pursuant

Production contract means any written agreement that