RAIL CONTRACTS. UBE shall negotiate, in consultation with HR, the terms of rail contracts and rates on behalf of HR, and if such contracts are acceptable to HR, HR shall execute each such contract, which shall be placed in the sole name of HR. UBE shall, however, if permitted by the terms of the rail contracts, directly pay all freight, costs and other amounts payable under such rail contracts. If UBE is not permitted to directly pay all such freight, costs and other amounts, HR shall pay such freight, costs and other amounts, but UBE shall reimburse HR for all such freight, costs and other amounts within five (5) days of HR’s written demand therefore from time to time.
Appears in 4 contracts
Samples: Grains Marketing Agreement (Hawkeye Holdings, Inc.), Grains Marketing Agreement (Hawkeye Holdings, Inc.), Grains Marketing Agreement (Hawkeye Holdings, Inc.)
