Common use of DEMANDS AND NOTICE Clause in Contracts

DEMANDS AND NOTICE. If Affiliate fails to pay any Obligation and Beneficiary elects to exercise its rights under this Guaranty, Beneficiary shall make a written demand on Guarantor (a “Payment Demand”). A Payment Demand shall identify the amount and the basis of the demand and state that Beneficiary is calling upon Guarantor under this Guaranty. Guarantor shall make payment to Beneficiary within five (5) business days after receipt of Payment Demand from Beneficiary. Unless expressly provided otherwise, demands and notices shall be in writing and delivered by certified mail return receipt requested, facsimile, or nationally recognized overnight delivery service. Notice by facsimile or hand delivery shall be deemed to have been received by the close of the business day on which it was transmitted or hand delivered (unless transmitted or hand delivered after close of the business day in which case it shall be deemed received at the close of the next business day), or such earlier time as is confirmed by the receiving party. Notice by overnight mail or courier shall be deemed to have been received one (1) business day after it was sent, subject to confirmation of successful actual delivery. Any party may change its address to which notice is given hereunder by providing notice of same in accordance with this Section 4. To Guarantor: Alliance Resource Partners, L.P. 0000 X. Xxxxxxx, Xxxxx 000 Tulsa, Oklahoma 74119 Attn: Chief Financial Officer Fax: (000) 000 0000 With a copy to: Alliance Resource Partners, L.P. 0000 X. Xxxxxxx, Xxxxx 000 Tulsa, Oklahoma 74119 Attn: General Counsel Fax: (000) 000 0000 To Affiliate: Alliance Coal, LLC 0000 X. Xxxxxxx, Xxxxx 000 Tulsa, Oklahoma 74119 Attn: Contract Administration Fax: (000) 000 0000 To Beneficiary: Seminole Electric Cooperative, Inc. P.O. Box 272000 Tampa, FL 33688-2000; or 00000 Xxxxx Xxxx Xxxxx Highway Tampa, FL 33618 Phone: (000) 000-0000 Attn: CEO & General Manager Fax: (000) 000-0000 With copies to: Attn: Chief Financial Officer (at same address) Attn: General Counsel 000 Xxxxx Xxxx Xxx. Tampa, FL 33606 Phone: (000) 000-0000 Fax: (000) 000-0000

DEMANDS AND NOTICE. If Affiliate fails to pay any Obligation and Beneficiary elects to exercise its rights under this Guaranty, Beneficiary shall make a written demand on Guarantor (a “Payment Demand”). A Payment Demand shall identify the amount and the basis of the demand and state that Beneficiary is calling upon Guarantor under this Guaranty. Guarantor shall make payment to Beneficiary within five (5) business days after receipt of Payment Demand from Beneficiary. Unless expressly provided otherwise, demands and notices shall be in writing and delivered by certified mail return receipt requested, facsimile, or nationally recognized overnight delivery service. Notice by facsimile or hand delivery shall be deemed to have been received by the close of the business day on which it was transmitted or hand delivered (unless transmitted or hand delivered after close of the business day in which case it shall be deemed received at the close of the next business day), or such earlier time as is confirmed by the receiving party. Notice by overnight mail or courier shall be deemed to have been received one (1) business day after it was sent, subject to confirmation of successful actual delivery. Any party may change its address to which notice is given hereunder by providing notice of same in accordance with this Section 4. To Guarantor: Alliance Resource Partners, L.P. 0000 X. Xxxxxxx, Xxxxx 000 TulsaXxxxx, Oklahoma 74119 Xxxxxxxx 00000 Attn: Chief Financial Officer Fax: (000) 000 0000 With a copy to: Alliance Resource Partners, L.P. 0000 X. Xxxxxxx, Xxxxx 000 TulsaXxxxx, Oklahoma 74119 Xxxxxxxx 00000 Attn: General Counsel Fax: (000) 000 0000 To Affiliate: Alliance Coal, LLC 0000 X. Xxxxxxx, Xxxxx 000 TulsaXxxxx, Oklahoma 74119 Xxxxxxxx 00000 Attn: Contract Administration Fax: (000) 000 0000 To Beneficiary: Seminole Electric Cooperative, Inc. P.O. Box 272000 TampaX.X. Xxx 000000 Xxxxx, FL 33688XX 00000-20000000; or 00000 Xxxxx Xxxx Xxxxx Highway Tampa, FL 33618 Phone: (000) 000-0000 Attn: CEO & General Manager Fax: (000) 000-0000 With copies to: Attn: Chief Financial Officer (at same address) Attn: General Counsel 000 Xxxxx Xxxx Xxx. TampaXxxxx, FL 33606 XX 00000 Phone: (000) 000-0000 Fax: (000) 000-0000