Corn As Feedstock Clause Samples
Corn As Feedstock. As of the date of this Agreement, it is the intent of Producer that initially the Facility will only use corn as its Feedstock. Accordingly, the remainder of this Agreement will deal with A-B acting as the agent of Producer to procure corn meeting the specifications described herein ("Corn") as a Feedstock for the Facility. As of the date of this Agreement, the Corn to be supplied hereunder shall be U.S. number 2 yellow corn as defined by the United States Grain Standards Act (USGA). If any changes occur in the USGA specifications for number 2 yellow corn, then Producer and A-B will mutually agree on the Corn applicable to this Agreement. If Producer requires the use of another grain Feedstock, Producer will negotiate in good faith the terms of such exclusive procurement agency relationship with Bunge.
Corn As Feedstock. As of the Effective Date, Producer intends that the only Feedstocks used by the Facility during the Term will be: (a) Enogen Corn procured directly by Producer pursuant to the Services Agreement, and (b) U.S. number 2 yellow corn (“Corn”) procured by Bunge as Producer’s agent pursuant to this Agreement. If Producer desires to use another form of Feedstock, unless Bunge elects not to include such Feedstocks within the scope of this Agreement, Producer will negotiate in good faith the terms of an exclusive procurement agency relationship with Bunge for such alternative Feedstock.