Common use of DISCONTINUATION OF PRODUCTION Clause in Contracts

DISCONTINUATION OF PRODUCTION. In the case that owner wishes to discontinue the production of DDGS, Owner will notify Marketer one year in advance so that all contract commitments made by Marketer may be met. If less than one year notice of discontinuation of production is provided to Marketer, or if unforeseen circumstances cause the cease of production, Owner grants Marketer the right to buy in product shortfalls for the account of owner on any unfilled contracts, and that any associated losses will be reimbursed by Owner to Marketer.

Appears in 1 contract

Samples: Dakota Commodities (Great Plains Ethanol LLC)

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DISCONTINUATION OF PRODUCTION. In the case that owner wishes If Owner desires to discontinue the production of DDGS, Owner will notify Marketer one year in advance so that all contract commitments made by Marketer may be met. If less than one year notice of discontinuation discontinuance of production is provided to Marketer, or if unforeseen circumstances cause the cease cessation of production, Owner grants Marketer the right to buy in product shortfalls for the Owner's account of owner on any unfilled unfulfilled contracts, and that any associated losses will be reimbursed by Owner to Marketer.

Appears in 1 contract

Samples: Commodities DDGS Marketing Contract (Great Plains Ethanol LLC)

DISCONTINUATION OF PRODUCTION. In the case that owner Owner wishes to discontinue the production of DDGS, Owner will notify Marketer one year in advance so that all contract commitments made by Marketer may be met. If less than one year notice of discontinuation discontinuance of production is provided to Marketer, or if unforeseen circumstances cause the cease of production, Owner grants Marketer the right to buy in product shortfalls for the account of owner Owner on any unfilled unfulfilled contracts, and that any associated losses will be reimbursed by Owner to Marketer.

Appears in 1 contract

Samples: DDGS Marketing Contract (Lake Area Ethanol Inc)

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DISCONTINUATION OF PRODUCTION. In the case event that owner Company wishes to discontinue or reduce the production of DDGS, Owner Company will notify Marketer one year in advance of Company's decision so that all contract commitments made by Marketer for Company may be met. If less than one year notice of discontinuation discontinuance or reduction of production is provided to Marketer, or if unforeseen circumstances cause the Company to cease of productionor reduce production at its plant, Owner Company grants Marketer the right power to buy in product DDGS shortfalls for the account of owner the Company on any unfilled contractscontacts, and that any associated associates losses will be reimbursed by Owner Company to Marketer.

Appears in 1 contract

Samples: DDGS Marketing and Services Agreement (Whetstone Ethanol LLC)

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