Common use of Member Insolvency, etc Clause in Contracts

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 (Lake Area Corn Processors LLC), Member Ethanol Fuel Marketing Agreement (Highwater Ethanol LLC), Member Ethanol Fuel Marketing Agreement (Golden Grain Energy)

AutoNDA by SimpleDocs

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 *** 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)

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

Samples: Ethanol Marketing Agreement (Golden Grain Energy)

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.. (e)

Appears in 1 contract

Samples: Alcohol Member Marketing Agreement (Highwater Ethanol LLC)

AutoNDA by SimpleDocs

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 1 contract

Samples: Alcohol Member Marketing Agreement (Homeland Energy Solutions 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)

Time is Money Join Law Insider Premium to draft better contracts faster.