Stored Grain. 10.1 The Client acknowledges that when the Company receives the Client Grain, it becomes Stored Grain and the Client maintains an Interest in the Stored Grain. 10.2 Except if the Company suffers an Insolvency Event, the Client does not have the right to nominate any particular parcel of Stored Grain as being owned by the Client. 10.3 While the Company has possession of the Client Grain: (a) the relationship between the Company and the Client in respect of the possession of the Grain is one of bailment only; (b) that relationship will continue to exist despite the Grain losing its identity by being part of Xxxxxx Xxxxx, or despite the inability of the Company to redeliver to the Client Grain the subject of the bailment; and (c) unless specifically agreed otherwise, the Company as bailee may manage, use, deal with or otherwise control the Grain in its possession in any manner not inconsistent with the Outturn Entitlement. 10.4 Where the Company suffers an Insolvency Event the Client will be entitled, upon reasonable notice and subject to the provisions of this Agreement relating to Stored Grain, to re-take possession of the Client Grain from the sites at which the Outturn Entitlement is located.
Appears in 3 contracts
Samples: Storage and Handling Agreement, Storage and Handling Agreement, Storage and Handling Agreement
Stored Grain. 10.1 The Client acknowledges that when the Company receives the Client Grain, it becomes Stored Grain and the Client maintains an Interest in the Stored Grain.
10.2 Except if the Company suffers an Insolvency Event, the Client does not have the right to nominate any particular parcel of Stored Grain as being owned by the Client.
10.3 While the Company has possession of the Client Grain:
(a) the relationship between the Company and the Client in respect of the possession of the Grain is one of bailment only;
(b) that relationship will continue to exist despite the Grain losing its identity by being part of Xxxxxx XxxxxStored Grain, or despite the inability of the Company to redeliver to the Client Grain the subject of the bailment; and
(c) unless specifically agreed otherwise, the Company as bailee may manage, use, deal with or otherwise control the Grain in its possession in any manner not inconsistent consistent with the Outturn Entitlement.
10.4 Where the Company suffers an Insolvency Event the Client will be entitled, upon reasonable notice and subject to the provisions of this Agreement relating to Stored Grain, to re-take possession of the Client Grain from the sites at which the Outturn Entitlement is located.
Appears in 2 contracts
Samples: Access Agreement, Access Agreement
Stored Grain. 10.1 The Client acknowledges that when the Company receives the Client Grain, it becomes Stored Grain and the Client maintains an Interest in the Stored Grain.
10.2 Except if the Company suffers an Insolvency Event, the Client does not have the right to nominate any particular parcel of Stored Grain as being owned by the Client.
10.3 While the Company has possession of the Client Grain:
(a) the relationship between the Company and the Client in respect of the possession of the Grain is one of bailment only;
(b) that relationship will continue to exist despite the Grain losing its identity by being part of Xxxxxx XxxxxStored Grain, or despite the inability of the Company to redeliver to the Client Grain the subject of the bailment; and
(c) unless specifically agreed otherwise, the Company as bailee may manage, use, deal with or otherwise control the Grain in its possession in any manner not inconsistent with the Outturn Entitlement.
10.4 Where the Company suffers an Insolvency Event the Client will be entitled, upon reasonable notice and subject to the provisions of this Agreement relating to Stored Grain, to re-take possession of the Client Grain from the sites at which the Outturn Entitlement is located.
Appears in 2 contracts
Samples: Storage and Handling Agreement, Storage and Handling Agreement
Stored Grain.
10.1 The Client acknowledges that when the Company receives the Client Grain, it becomes Stored Grain and the Client maintains an Interest in the Stored Grain.
10.2 Except if the Company suffers an Insolvency Event, the Client does not have the right to nominate any particular parcel of Stored Grain as being owned by the Client.
10.3 While the Company has possession of the Client Grain:
(a) the relationship between the Company and the Client in respect of the possession of the Grain is one of bailment only;
(b) that relationship will continue to exist despite the Grain losing its identity by being part of Xxxxxx Xxxxx, or despite the inability of the Company to redeliver to the Client Grain the subject of the bailment; and
(c) unless specifically agreed otherwise, the Company as bailee may manage, use, deal with or otherwise control the Grain in its possession in any manner not inconsistent with the Outturn Entitlement.
10.4 Where the Company suffers an Insolvency Event the Client will be entitled, upon reasonable notice and subject to the provisions of this Agreement relating to Stored Grain, to re-take possession of the Client Grain from the sites at which the Outturn Entitlement is located.
Appears in 2 contracts
Samples: Storage and Handling Agreement, Storage and Handling Agreement
Stored Grain.
10.1 The Client acknowledges that when the Company receives the Client Grain, it becomes Stored Grain and the Client maintains an a Interest in the Stored Grain.
10.2 Except if the Company suffers an Insolvency Event, the Client does not have the right to nominate any particular parcel of Stored Grain as being owned by the Client.
10.3 While the Company has possession of the Client Client’s Grain:
(a) the relationship between the Company and the Client in respect of the possession of the Grain is one of bailment only;
(b) that relationship will continue to exist despite the Grain losing its identity by being part of Xxxxxx Xxxxx, or despite the inability of the Company to redeliver to the Client Grain the subject of the bailment; and
(c) unless specifically agreed otherwise, the Company as bailee may manage, use, deal with or otherwise control the Grain in its possession in any manner not inconsistent with the Outturn Entitlement.
10.4 Where the Company suffers an Insolvency Event the Client will be entitled, upon reasonable notice and subject to the provisions of this Agreement relating to Stored Grain, to re-take possession of the Client Grain from the sites at which the Outturn Entitlement is located.
Appears in 2 contracts
Samples: Storage and Handling Agreement, Storage and Handling Agreement
Stored Grain. 10.1 The Client acknowledges that when the Company receives the Client Grain, it becomes Stored Grain and the Client maintains an a Interest in the Stored Grain.
10.2 Except if the Company suffers an Insolvency Event, the Client does not have the right to nominate any particular parcel of Stored Grain as being owned by the Client.
10.3 While the Company has possession of the Client Client’s Grain:
(a) the relationship between the Company and the Client in respect of the possession of the Grain is one of bailment only;
(b) that relationship will continue to exist despite the Grain losing its identity by being part of Xxxxxx Xxxxx, or despite the inability of the Company to redeliver to the Client Grain the subject of the bailment; and
(c) unless specifically agreed otherwise, the Company as bailee may manage, use, deal with or otherwise control the Grain in its possession in any manner not inconsistent with the Outturn Entitlement.
10.4 Where the Company suffers an Insolvency Event the Client will be entitled, upon reasonable notice and subject to the provisions of this Agreement relating to Stored Grain, to re-take possession of the Client Grain from the sites at which the Outturn Entitlement is located.
Appears in 2 contracts
Samples: Storage and Handling Agreement, Storage and Handling Agreement
Stored Grain. 10.1 The Client acknowledges that when the Company receives the Client Grain, it becomes Stored Grain and the Client maintains an Interest in the Stored Grain.
10.2 Except if the Company suffers an Insolvency Event, the Client does not have the right to nominate any particular parcel of Stored Grain as being owned by the Client.
10.3 While the Company has possession of the Client Grain:
(a) the relationship between the Company and the Client in respect of the possession of the Grain is one of bailment only;
(b) that relationship will continue to exist despite the Grain losing its identity by being part of Xxxxxx XxxxxStored Grain, or despite the inability of the Company to redeliver to the Client Grain the subject of the bailment; and
(c) unless specifically agreed otherwise, the Company as bailee may manage, use, deal with or otherwise control the Grain in its possession in any manner not inconsistent consistent with the Outturn Entitlement.
10.4 Where the Company suffers an Insolvency Event the Client will be entitled, upon reasonable notice and subject to the provisions of this Agreement relating to Stored Grain, to re-take possession of the Client Grain from the sites Port Terminal.sites at which the Outturn Entitlement is located.
Appears in 1 contract
Samples: Indicative Access Agreement
Stored Grain. 10.1 The Client acknowledges that when the Company receives the Client Grain, it becomes Stored Grain and the Client maintains an Interest in the Stored Grain.
10.2 Except if the Company suffers an Insolvency Event, the Client does not have the right to nominate any particular parcel of Stored Grain as being owned by the Client.
10.3 While the Company has possession of the Client Grain:
(a) the relationship between the Company and the Client in respect of the possession of the Grain is one of bailment only;
(b) that relationship will continue to exist despite the Grain losing its identity by being part of Xxxxxx XxxxxStored Grain, or despite the inability of the Company to redeliver to the Client Grain the subject of the bailment; and
(c) unless specifically agreed otherwise, the Company as bailee may manage, use, deal with or otherwise control the Grain in its possession in any manner not inconsistent consistent with the Outturn Entitlement.
10.4 Where the Company suffers an Insolvency Event the Client will be entitled, upon reasonable notice and subject to the provisions of this Agreement relating to Stored Grain, to re-take possession of the Client Grain from the sites at which the Outturn Entitlement is locatedPort Terminal.
Appears in 1 contract
Samples: Indicative Access Agreement
Stored Grain.
10.1 The Client acknowledges that when the Company receives the Client Grain, it becomes Stored Grain and the Client maintains an Interest in the Stored Grain.
10.2 Except if the Company suffers an Insolvency Event, the Client does not have the right to nominate any particular parcel of Stored Grain as being owned by the Client.
10.3 While the Company has possession of the Client Grain:
(a) the relationship between the Company and the Client in respect of the possession of the Grain is one of bailment only;
(b) that relationship will continue to exist despite the Grain losing its identity by being part of Xxxxxx Xxxxx, or despite the inability of the Company to redeliver to the Client Grain the subject of the bailment; and
(c) unless specifically agreed otherwise, the Company as bailee may manage, use, deal with or otherwise control the Grain in its possession in any manner not inconsistent consistent with the Outturn Entitlement.
10.4 Where the Company suffers an Insolvency Event the Client will be entitled, upon reasonable notice and subject to the provisions of this Agreement relating to Stored Grain, to re-take possession of the Client Grain from the sites at which the Outturn Entitlement is locatedPort Terminal.
Appears in 1 contract
Samples: Access Agreement
Stored Grain.
10.1 The Client acknowledges that when the Company receives the Client Grain, it becomes Stored Grain and the Client maintains an Interest in the Stored Grain.
10.2 Except if the Company suffers an Insolvency Event, the Client does not have the right to nominate any particular parcel of Stored Grain as being owned by the Client.
10.3 While the Company has possession of the Client Grain:
(a) the relationship between the Company and the Client in respect of the possession of the Grain is one of bailment only;
(b) that relationship will continue to exist despite the Grain losing its identity by being part of Xxxxxx Xxxxx, or despite the inability of the Company to redeliver to the Client Grain the subject of the bailment; and
(c) unless specifically agreed otherwise, the Company as bailee may manage, use, deal with or otherwise control the Grain in its possession in any manner not inconsistent with the Outturn Entitlement.
10.4 Where the Company suffers an Insolvency Event the Client will be entitled, upon reasonable notice and subject to the provisions of this Agreement relating to Stored Grain, to re-take possession of the Client Grain from the sites at which the Outturn Entitlement is located.
Appears in 1 contract
Samples: Storage & Handling Agreement
Stored Grain. 10.1 The Client acknowledges that when the Company receives the Client Grain, it becomes Stored Grain and the Client maintains an a Interest in the Stored Grain.
10.2 Except if the Company suffers an Insolvency Event, the Client does not have the right to nominate any particular parcel of Stored Grain as being owned by the Client.
10.3 While the Company has possession of the Client Client’s Grain:
(a) the relationship between the Company and the Client in respect of the possession of the Grain is one of bailment only;
(b) that relationship will continue to exist despite the Grain losing its identity by being part of Xxxxxx XxxxxStored Grain, or despite the inability of the Company to redeliver to the Client Grain the subject of the bailment; and
(c) unless specifically agreed otherwise, the Company as bailee may manage, use, deal with or otherwise control the Grain in its possession in any manner not inconsistent with the Outturn Entitlement.
10.4 Where the Company suffers an Insolvency Event the Client will be entitled, upon reasonable notice and subject to the provisions of this Agreement relating to Stored Grain, to re-take possession of the Client Grain from the sites at which the Outturn Entitlement is located.
Appears in 1 contract
Samples: Storage and Handling Agreement