Common use of DISCONTINUATION OF PRODUCTION Clause in Contracts

DISCONTINUATION OF PRODUCTION. In the event that Owner wishes to discontinue or reduce the production of Ethanol, Owner will notify Marketer one (1) year in advance of Owner's decision so that all contract commitments made by Marketer for Owner may be met. If less than one (1) year notice of discontinuance or reduction of production is provided to Marketer, or if unforeseen circumstances cause Owner to cease or reduce production at its plant, Owner grants to Marketer the power to buy in Ethanol short falls for the account of the Owner on any unfilled contracts, and that any associated losses will be reimbursed by Owner to Marketer.

Appears in 3 contracts

Samples: Ethanol Marketing and Services Agreement (Great Plains Ethanol LLC), Ethanol Marketing and Services Agreement (Whetstone Ethanol LLC), Ethanol Marketing and Services Agreement (Whetstone Ethanol LLC)

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DISCONTINUATION OF PRODUCTION. In the event that Owner wishes to discontinue or reduce the production of Ethanol, Owner will notify Marketer one (1) year in advance of Owner's decision so that all contract commitments made by Marketer for Owner may be met. If less than one (1) year notice of discontinuance or reduction of production is provided to Marketer, or if unforeseen circumstances cause Owner to cease or reduce production at its plant, Owner grants to Marketer the power to buy in Ethanol short falls shortfalls for the account of the Owner on any unfilled contracts, and that any associated losses will be reimbursed by Owner to Marketer.

Appears in 1 contract

Samples: Ethanol Marketing and Services Agreement (Western Plains Energy LLC)

DISCONTINUATION OF PRODUCTION. In the event that Owner wishes desires to discontinue or reduce the production of Owner’s Ethanol, Owner will notify Marketer one (1) year 180 days in advance of Owner's ’s decision so in order that all contract commitments made by Marketer for Owner may be met. If less than one (1) year 180 days notice of discontinuance or reduction of production is provided to Marketer, or if unforeseen circumstances cause Owner to cease or reduce production at its plantPlant, Owner grants to Marketer the power to buy in Ethanol ethanol short falls for the Owner’s account of the Owner on any unfilled contracts, and that any associated losses will be reimbursed by Owner to Marketer.

Appears in 1 contract

Samples: Ethanol Marketing and Services Agreement (Western Plains Energy LLC)

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DISCONTINUATION OF PRODUCTION. In the event that Owner wishes to discontinue or reduce the production of Ethanol, Owner will notify Marketer one (1) year in advance of Owner's ’s decision so that all contract commitments made by Marketer for Owner may be metnet. If less than one (1) year notice of discontinuance or reduction of production is provided to Marketer, or if unforeseen circumstances cause Owner to cease or reduce production at its plant, Owner grants to Marketer the power to buy in Ethanol short falls for the account of the Owner on any unfilled contracts, and that any associated losses will be reimbursed by Owner to Marketer.

Appears in 1 contract

Samples: Ethanol Marketing and Services Agreement (Northern Growers LLC)

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