Back-to-Back Transactions Sample Clauses
A Back-to-Back Transactions clause establishes that the terms and obligations of one contract are directly linked to those of another related contract, often in a supply chain or subcontracting context. In practice, this means that a party’s rights and duties under one agreement mirror or depend on the corresponding provisions in a separate agreement, such as a contractor passing on the same requirements to a subcontractor that it has agreed to with a client. This clause ensures consistency across related contracts and helps manage risk by aligning obligations and timelines, thereby preventing gaps or conflicts between interconnected agreements.
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Back-to-Back Transactions. Each Bilateral Transaction undertaken by Kinergy shall immediately and automatically, without necessity of further documentation or any action whatsoever by any of the Parties, create and cause to be undertaken according to the terms of this Agreement an equivalent transaction in terms of the obligation to deliver Ethanol, the quantity of Ethanol sold and the timing for the delivery of such Ethanol by Project Company with Kinergy (as if Kinergy were the Third Party).
Back-to-Back Transactions. Each Bilateral Transaction undertaken by PAP shall immediately and automatically, without necessity of further documentation or any action whatsoever by any of the Parties, create and cause to be undertaken according to the terms of this Agreement an equivalent transaction in terms of the obligation to deliver Distillers Grains, the quantity of Distillers Grains sold and the timing for the delivery of such Distillers Grains by Project Company with PAP (as if PAP were the Third Party).
Back-to-Back Transactions. The price for Products sold to Buyer in back-to-back transactions shall be an amount equal to the price Seller paid to acquire such Products, plus $1.00 per ton.