I understand and agree that Western Video Market’s terms and conditions will apply to all purchased of livestock, unless otherwise expressly stated.
I understand and agree that I will be financially responsible for the livestock that I buy, whether for myself or as agent for someone else. Accounts must be made at the time of shipment, and persons subject to the Packers & Stockyards Act, must pay no later than the close of the next business day following the day of purchase in accordance with 7 USC 228b. Sales are on a cash basis. If Western Video Market, Inc. takes legal action to collect my account and prevails, Western Video Market, Inc. and its successors and assigns shall be entitled to reasonable attorney's fees and court costs.
I UNDERSTAND AND AGREE THAT THERE ARE NO IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE ON LIVESTOCK SOLD AT THIS MARKET.
I hereby grant Western Video Market, Inc. a security interest in all livestock that I purchase at a WVM auction, as well as all proceeds therefrom, until Western Video Market, Inc. has received final payment, and authorize Western Video Market, Inc. to authenticate and file any and all documents that are needed to perfect and give notice of Western Video Market, Inc.’s interest in such livestock. I acknowledge and agree that Western Video Market has the right to assign any security interest that it obtains.
Authorization/Consent to Disclose Financial Information
By submitting this form, Buyer hereby authorizes each of the banks/financial institutions named on this Buyer Registration and Consent Agreement to release and disclose to Western Video Market, Inc. or its agent Livestock Marketing Association (LMA) information needed to determine Buyer's financial responsibility and/or ability to pay for livestock. Buyer understands that such information may be used to help determine Buyer's financial responsibility and/or ability to pay for livestock to be purchased at Western Video Market, Inc.’s sales from whom Buyer purchases livestock. This authorization shall remain in effect until Buyer notifies Western Video Market, Inc. or LMA in writing that it has been cancelled. A copy of this authorization shall be as valid as the original. I understand that the information disclosed on this Buyer Registration and Consent Agreement and the information disclosed by the banks/financial institutions is for business purposes and not for consumer purposes.