I certify that immediately on completion of shearing the above clip will be consigned to Elders Rural Services Australia Limited at the wool centre indicated for sale after reciept of the wool.
I acknowledge that the advance will be deducted from proceeds due at normal settlement for the sale and no interest shall be payable on the amount of the advance provided that so much of the wool is sold within 90 days of the date of the advance, to repay the advance in full.
I agree that should I fail in any material respect to honour this agreement then the advance must be repaid immediately, in full and with interest charged at the rate generally charged from time to time on its seasonal facilities, calculated from the date of the advance until the date of repayment.
I further certify that no other person or Financier has any lien, charge or rights to the wool hereby consigned. The standard terms and conditions of using your Elders trading account apply.