GENERAL TERMS AND DEFINITIONS. 1.01 The terms of this Agreement shall govern all purchases and sales of Coal between the Parties (hereinafter “Transactions”) or options thereon during the term of this Agreement unless the Parties expressly indicate otherwise. All amendments, modifications, revisions and changes to this Agreement or any related Transaction or option must be in writing and signed by both Parties. If the Parties enter into an option concerning the purchase and/or sale of Coal, the terms and conditions of this Agreement and the Confirmation Letter shall govern the Transaction once the option has been exercised.
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Samples: Master Coal Purchase and Sale Agreement (Heron Lake BioEnergy, LLC), Master Coal Purchase and Sale Agreement (Otter Tail Corp), Master Coal Purchase and Sale Agreement (Minn Dak Farmers Cooperative)
GENERAL TERMS AND DEFINITIONS. 1.01 The terms of this Agreement shall govern all purchases and sales of Coal between the Parties (hereinafter “"Transactions”") or options thereon during the term of this Agreement unless the Parties expressly indicate otherwise. All amendments, modifications, revisions revisions, and changes to this Agreement or any related Transaction or option must be in writing and signed by both Parties. If the Parties enter into an option concerning the purchase and/or and sale of Coal, the terms and conditions of this Agreement and the Confirmation Letter (as hereinafter defined) shall govern the Transaction once the option has been exercised.
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