Common use of Lender Stock Clause in Contracts

Lender Stock. Borrower agrees to own or purchase if necessary, such stock in Farm Credit Services of America, ACA, as is from time to time required by Lender’s policies and bylaws. Capitalization requirements are met by stock owned by Siouxland Ethanol, LLC. That Sxxxxxx Xxxxxxxx is the authorized voter on behalf of the owner of voting stock.

Lender Stock. Borrower agrees to own or purchase if necessary, such stock in Farm Credit Services of America, ACA, as is from time to time required by Lead Lender’s policies and bylaws. Capitalization requirements are met by stock owned by Siouxland EthanolGolden Grain Energy, LLC. That Sxxxxxx Xxxx Xxxxxxxx is the authorized voter on behalf of the owner owner(s) of voting stock.

Lender Stock. Borrower agrees to own or purchase if necessary, such stock in Farm Credit Services of America, ACA, as is from time to time required by Lender’s policies and bylaws. Capitalization requirements are met by stock owned by Siouxland EthanolE Energy Axxxx, LLC. That Sxxxxxx Jxxx Xxxxxxxx is the authorized voter on behalf of the owner owner(s) of voting stock.

Lender Stock. Borrower agrees to own or purchase if necessary, such stock in Farm Credit Services of America, ACA, as is from time to time required by Lender’s 's policies and bylaws. Capitalization requirements are met by stock owned by Siouxland Dakota Ethanol, LLC. That Sxxxxxx Xxxxxxxx L.L.C. Xxxxx Xxxxx is the authorized voter on behalf of the owner owner(s) of voting stock.