Member Insolvency, etc. RPMG may terminate this Agreement if Member becomes insolvent, has a receiver appointed over its business or assets and such receiver is not discharged within 30 days, files a petition in bankruptcy or has a petition in bankruptcy filed against it which, in either case, is not dismissed within 30 days, or ceases to produce ethanol for 30 days or more.
Appears in 5 contracts
Samples: Ethanol Fuel Marketing Agreement (Homeland Energy Solutions LLC), Ethanol Fuel Marketing Agreement (Lake Area Corn Processors LLC), Ethanol Fuel Marketing Agreement (Highwater Ethanol LLC)
Member Insolvency, etc. RPMG may terminate this Agreement if Member becomes insolvent, has a receiver appointed over its business or assets and such receiver is not discharged within 30 thirty (30) days, files a petition in bankruptcy or has a petition in bankruptcy filed against it which, in either case, is not dismissed within 30 thirty (30) days, or ceases to produce ethanol High Purity Alcohol for 30 thirty (30) days or more.
Appears in 2 contracts
Samples: High Purity Alcohol Member Marketing Agreement (Homeland Energy Solutions LLC), High Purity Alcohol Member Marketing Agreement (Highwater Ethanol LLC)
Member Insolvency, etc. RPMG may terminate this Agreement if Member becomes insolvent, has a receiver appointed over its business or assets and such receiver is not discharged within 30 thirty (30) days, files a petition in bankruptcy or has a petition in bankruptcy filed against it which, in either case, is not dismissed within 30 thirty (30) days, or ceases to produce ethanol Ethanol for 30 thirty (30) days or more.
Appears in 2 contracts
Samples: Ethanol Marketing Agreement (Red Trail Energy, LLC), Ethanol Marketing Agreement (Lake Area Corn Processors LLC)
Member Insolvency, etc. RPMG may terminate this Agreement if Member becomes insolvent, has a receiver appointed over its business or assets and such receiver is not discharged within 30 thirty (30) days, files a petition in bankruptcy or has a petition in bankruptcy filed against it *** Confidential material redacted and filed separately with the Commission. which, in either case, is not dismissed within 30 thirty (30) days, or ceases to produce ethanol Ethanol for 30 thirty (30) days or more.
Appears in 1 contract
Samples: Ethanol Marketing Agreement (Highwater Ethanol LLC)
Member Insolvency, etc. RPMG may terminate this Agreement if Member becomes insolvent, has a receiver appointed over its business or assets and such receiver is not discharged *** Confidential material redacted and filed separately with the Commission. within 30 thirty (30) days, files a petition in bankruptcy or has a petition in bankruptcy filed against it which, in either case, is not dismissed within 30 thirty (30) days, or ceases to produce ethanol Ethanol for 30 thirty (30) days or more.
Appears in 1 contract
Member Insolvency, etc. RPMG may terminate this Agreement if Member becomes *** Confidential material redacted and filed separately with the Commission. insolvent, has a receiver appointed over its business or assets and such receiver is not discharged within 30 thirty (30) days, files a petition in bankruptcy or has a petition in bankruptcy filed against it which, in either case, is not dismissed within 30 thirty (30) days, or ceases to produce ethanol Ethanol for 30 thirty (30) days or more.
Appears in 1 contract
Samples: Ethanol Marketing Agreement (Homeland Energy Solutions LLC)