Denatured Ethanol Clause Samples

Denatured Ethanol. E-Grade ethanol is the accepted standard specification of ethanol production within the industry. Dated: December 28, 2006 Eco-Energy, Inc. (“EEI”) hereby submits this Purchase Order for Ethanol to First United Ethanol LLC (“FUE”) pursuant to that certain Ethanol Purchase and Supply Agreement between EEI and FUE dated as of December 28, 2006 (as the same may be amended, the “Agreement”). Aggregate Galls of Ethanol: + or – Pick Up Dates for Ethanol Pick up: Other: Minimum Purchase Price for Ethanol: $___/GL FOB Camilla, GA (Less marketing fee) Time Period for Acceptance of this Purchase Order (the “Acceptance Period”): Verbally Accepted by (Please sign) This Purchase Order is irrevocable for the Acceptance Period or until the time at which this Purchase Order becomes a Rejected Purchase Order as provided in the Agreement. EEI does not, however, have a binding obligation to purchase any Ethanol pursuant to this Purchase Order unless and until EEI enters into an agreement with a third party for the sale of the Ethanol by EEI to such third party. This Purchase Order is subject to acceptance by FUE as provided in the Agreement and is otherwise tendered and made subject to and upon all of the terms and conditions of the Agreement. ECO-ENERGY, INC. By: Name: A▇▇▇ ▇▇▇▇▇▇ Title: Chief Operating Officer Date: December 28, 2006 E-Mail Address: a▇▇▇▇@▇▇▇-▇▇▇▇▇▇▇▇▇.▇▇▇ This Purchase Order is accepted/rejected (strike out and initial the one that does not apply) by First United Ethanol L.L.C., subject to and upon all of the terms and conditions of the Agreement First United Ethanol LLC By: Name: Title: Date: , 20 11 Dated: December 28, 2006 Eco-Energy, Inc. (“EEI”) hereby submits this Purchase Order for Ethanol to First United Ethanol LLC (“FUE”) pursuant to that certain Ethanol Purchase and Supply Agreement between EEI and FUE dated as of December 28, 2006 (as the same may be amended, the “Agreement”).
Denatured Ethanol. Beginning inventory @ [Insert Date] In Pekin, Illinois At terminal locations Total Purchased Ethanol [___] to [___]: Marketing alliances Non-alliance purchases Total Produced denatured ethanol Transfers from in-transit inventory Sales 01 ethanol (fuel grade & E85) Gain/(Loss) in inventory Adjust for ethanol in-transit Ending denatured ethanol Inventory @ _____, 20__ Beginning inventory @ ____, 20__ In Pekin, Illinois only Purchases of Industrial grade ethanol Produced undenatured ethanol Transfer to production to make fuel-grade ethanol E85 sales Gain/(Loss) in inventory Ending undenatured ethanol inventory @ ____, 20__ Pricing: Gross ethanol price through _____, 20__ b▇▇▇▇▇▇▇ $ Less: prior month average freight cost per gallon Average net market price per gallon from end of prior month $ Weighted average cost per gallon from end of prior month $ Denatured gallons ethanol not in-transit Undenatured gallons of ethanol located in Pekin Total ethanol not in-transit Multiply times lower of cost or market (LCM) price $ Ending not in-transit ethanol inventory value $

Related to Denatured Ethanol

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