Let Δ be an ordered commutative group, A a graded ring of type Δ, (Aλ) its graduation, M a graded A-module of type Δ and (Mλ) its graduation. Suppose that the relation Aλ={0} implies λ≥0 and that there exists λ0 such that Mλ0={0} and Mλ={0} for λ<λ0. Then, if I0=∑λ>0Aλ, I0M=M.
Let x be a non-zero element of Mλ0; suppose that x∈I0M. Then x=∑iaixi, where the ai are homogeneous elements =0 of I0 and the xi homogeneous elements =0 of M with deg(x)=deg(ai)+deg(xi) for all i (no. 2). But, as deg(ai)>0, λ0=deg(ai)+deg(xi)>deg(xi), which contradicts the hypothesis.
Bourbaki puts the proof directly after the statement, so what is above is the statement and its proof together.