Common use of Override Clause in Contracts

Override. The Lender shall receive an override fee of $0.10 per gallon of corn oil extracted by Borrower from the COES Installations, which fee shall be payable monthly, on the first day of each month, until the later of (i) the Termination Date, or (ii) the date upon which the Lender has received such fee on a total of twenty million (20,000,000) gallons of corn oil.

Appears in 3 contracts

Samples: Credit Agreement (Ecosystem Corp), Credit Agreement (GS Cleantech Corp), Credit Agreement (GS Energy CORP)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!