Common use of Supporting Records Clause in Contracts

Supporting Records. AREI shall keep a set of accurate and complete books and records in accordance with generally accepting accounting principles with respect to all ethanol purchased and sold by AREI, including ethanol sold under AREI's Purchase and Resale business, and all costs and commissions associated therewith, and shall make such books and records reasonably available to mutually agreeable independent outside accounting representatives at AREI's office at any time by appointment during normal business hours upon at least five (5) business days prior written notice; provided, however, there shall be no more than two such review of AREI's books and records in any twelve (12) month period and prior to such review the independent outside accounting representatives shall execute a mutually agreeable confidentiality agreement with AREI. AREI agrees to pay fifty percent (50%) of the expenses of such independent outside accounting representatives in conducting such review, provided that AREI's share of such expenses shall not exceed $15,000. All other costs and expenses of such review are the sole responsibility of VeraSun. In addition, AREI shall provide VERASUN, by e-mail or fax, a monthly report regarding Pooled Market Alliance Volumes, Alliance Ethanol Average Market Price, and a breakdown of Pooled Costs in sufficient detail to arrive at calculated Pooled Net Price. In addition to the foregoing, set forth on Exhibit "A" attached hereto and incorporated herein by reference, are the business rules and related obligations AREI agrees to follow in managing its Purchase/Resale Program (as defined in Exhibit "A") in conjunction with the Agreement. Except as provided above, all other terms of Agreement shall remain unaltered and in full force and effect. Please indicate your agreement with the modifications to the Agreement set forth in this letter amendment by an authorized signature for VERASUN below. Sincerely, /s/ Xxxxxx X. Xxxxxx Xxxxxx X. Xxxxxx Aventine Renewable Energy, Inc. ACCEPTED AND AGREED this 8th day of December 2003. VERASUN Energy Corporation By: /s/ XXXXXX X. XXXXXX Name: Xxxxxx X. Xxxxxx Title: CEO [*] CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. February 22, 2005 VeraSun Energy Corporation 0 XxxxXxx Xxxxx Xxxxxx, Xxxxx Xxxxxx 00000 Attention: Xxxxx Xxxxxxxx, President & CFO RE: Amendment of Ethanol Marketing Agreement Dear Don: Aventine Renewable Energy, Inc. ("AREI") and VeraSun Energy Corporation ("VERASUN") are parties to that certain Ethanol Marketing Agreement dated October 14, 2002, as amended by that certain letter amendment dated December 8, 2003 (the "Agreement"). AREI and VERASUN have discussed certain amendments to the Agreement as hereinafter set forth. This letter agreement is intended to memorialize such discussions. Accordingly, for and in consideration of the mutual covenants contained herein, AREI and VERASUN hereby agree as follows:

Appears in 2 contracts

Samples: Ethanol Marketing Agreement (Aventine Renewable Energy Holdings Inc), Ethanol Marketing Agreement (Aventine Renewable Energy Holdings Inc)

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Supporting Records. AREI shall keep a set of accurate and complete books and records in accordance with generally accepting accounting principles with respect to all ethanol purchased and sold by AREI, including ethanol sold under AREI's Purchase and Resale business, and all costs and commissions associated therewith, and shall make such books and records reasonably available to mutually agreeable independent outside accounting representatives at AREI's office at any time anytime by appointment during normal business hours upon at least five (5) business days prior written notice; provided, however, there shall be no more than two such review of AREI's books and records in any twelve (12) month period and prior to such review the independent outside accounting representatives shall execute executive a mutually agreeable confidentiality agreement with AREI. AREI agrees to pay fifty percent (50%) of the expenses of such independent outside accounting representatives in conducting such review, provided that AREI's share of such expenses shall not exceed $15,000. All other costs and expenses of such review are the sole responsibility of VeraSunVeraSun Fort Dodge. In addition, AREI shall provide VERASUNVeraSun Fort Dodge, by e-mail or fax, a monthly report regarding Pooled Market Alliance Volumes, Alliance Ethanol Average Market Price, and a breakdown of Pooled Costs in sufficient detail to arrive at calculated Pooled Net Price. In addition to the foregoing, set forth on Exhibit "A" attached hereto and incorporated herein by reference, are the business rules and related obligations AREI agrees to follow in managing its Purchase/Resale Program (as defined in Exhibit "A") in conjunction with the Agreement. Except as provided above, all other terms of Agreement shall remain unaltered and in full force and effect. Please indicate your agreement with the modifications to the Agreement set forth in this letter amendment by an authorized signature for VERASUN below. Sincerely, /s/ Xxxxxx X. Xxxxxx Xxxxxx X. Xxxxxx Aventine Renewable Energy, Inc. ACCEPTED AND AGREED this 8th day of December 2003. VERASUN Energy Corporation By: /s/ XXXXXX X. XXXXXX Name: Xxxxxx X. Xxxxxx Title: CEO [*] CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. February 22In addition to the foregoing, 2005 VeraSun Energy Corporation 0 XxxxXxx Xxxxx Xxxxxxset forth on Exhibit "A" attached hereto and incorporated herein by reference, Xxxxx Xxxxxx 00000 Attention: Xxxxx Xxxxxxxx, President & CFO RE: Amendment of Ethanol Marketing Agreement Dear Don: Aventine Renewable Energy, Inc. are the business guidelines and related obligations AREI agrees to follow in managing its Purchase/Resale Program (as defined in Exhibit "AREIA") and VeraSun Energy Corporation ("VERASUN") are parties to that certain Ethanol Marketing Agreement dated October 14, 2002, as amended by that certain letter amendment dated December 8, 2003 (the "in conjunction with this Agreement"). AREI and VERASUN have discussed certain amendments to the Agreement as hereinafter set forth. This letter agreement is intended to memorialize such discussions. Accordingly, for and in consideration of the mutual covenants contained herein, AREI and VERASUN hereby agree as follows:.

Appears in 2 contracts

Samples: Ethanol Marketing Agreement (Aventine Renewable Energy Holdings Inc), Ethanol Marketing Agreement (Aventine Renewable Energy Holdings Inc)

Supporting Records. AREI shall keep a set of accurate and complete books and records in accordance with generally accepting accounting principles with respect to all ethanol purchased and sold by AREI, including ethanol sold under AREI's Purchase and Resale business, and all costs and commissions associated therewith, and shall make such books and records reasonably available to mutually agreeable independent outside accounting representatives at AREI's office at any time by appointment during normal business hours upon at least five (5) business days prior written notice; provided, however, there shall be no more than two such review of AREI's books and records in any twelve (12) month period and prior to such review the independent outside accounting representatives shall execute a mutually agreeable confidentiality agreement with AREI. AREI agrees to pay fifty percent (50%) of the expenses of such independent outside accounting representatives in conducting such review, provided that AREI's share of such expenses shall not exceed $15,000. All other costs and expenses of such review are the sole responsibility of VeraSun. In addition, AREI shall provide VERASUN, by e-mail or fax, a monthly report regarding Pooled Market Alliance Volumes, Alliance Ethanol Average Market Price, and a breakdown of Pooled Costs in sufficient detail to arrive at calculated Pooled Net Price. In addition to the foregoing, set forth on Exhibit "A" attached hereto and incorporated herein by reference, are the business rules and related obligations AREI agrees to follow in managing its Purchase/Resale Program (as defined in Exhibit "A") in conjunction with the Agreement. Except as provided above, all other terms of Agreement shall remain unaltered and in full force and effect. Please indicate your agreement with the modifications to the Agreement set forth in this letter amendment by an authorized signature for VERASUN below. Sincerely, /s/ Xxxxxx X. Xxxxxx Xxxxxx X. Xxxxxx Aventine Renewable Energy, Inc. ACCEPTED AND AGREED this 8th day of December 2003. VERASUN Energy Corporation By: /s/ XXXXXX X. XXXXXX Name: Xxxxxx X. Xxxxxx Title: CEO [*] CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. February 22, 2005 VeraSun Energy Corporation 0 XxxxXxx Xxxxx Xxxxxx, Xxxxx Xxxxxx 00000 Attention: Xxxxx Xxxxxxxx, President & CFO RE: Amendment of Ethanol Marketing Agreement Dear Don: Aventine Renewable Energy, Inc. ("AREI") and VeraSun Energy Corporation ("VERASUN") are parties to that certain Ethanol Marketing Agreement dated October 14, 2002, as amended by that certain letter amendment dated December 8, 2003 (the "Agreement"). AREI and VERASUN have discussed certain amendments to the Agreement as hereinafter set forth. This letter agreement is intended to memorialize such discussions. Accordingly, for and in consideration of the mutual covenants contained herein, AREI and VERASUN hereby agree as follows:.

Appears in 1 contract

Samples: Ethanol Marketing Agreement (Verasun Energy Corp)

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Supporting Records. AREI shall keep a set of accurate and complete books and records in accordance with generally accepting accounting principles with respect to all ethanol purchased and sold by AREI, including ethanol sold under AREI's Purchase and Resale business, and all costs and commissions associated therewith, and shall make such books and records reasonably available to mutually agreeable independent outside accounting representatives at AREI's office at any time anytime by appointment during normal business hours upon at least five (5) business days prior written notice; provided, however, there shall be no more than two such review of AREI's books and records in any twelve (12) month period and prior to such review the independent outside accounting representatives shall execute executive a mutually agreeable confidentiality agreement with AREI. AREI agrees to pay fifty percent (50%) of the expenses of such independent outside accounting representatives in conducting such review, provided that AREI's share of such expenses shall not exceed $15,000. All other costs and expenses of such review are the sole responsibility of VeraSunVeraSun Fort Dodge. In addition, AREI shall provide VERASUNVeraSun Fort Dodge, by e-mail or fax, a monthly report regarding Pooled Market Alliance Volumes, Alliance Ethanol Average Market Price, and a breakdown of Pooled Costs in sufficient detail to arrive at calculated Pooled Net Price. In addition to the foregoing, set forth on Exhibit "A" attached hereto and incorporated herein by reference, are the business rules guidelines and related obligations AREI agrees to follow in managing its Purchase/Resale Program (as defined in Exhibit "A") in conjunction with the this Agreement. Except as provided above, all other terms of Agreement shall remain unaltered and in full force and effect. Please indicate your agreement with the modifications to the Agreement set forth in this letter amendment by an authorized signature for VERASUN below. Sincerely, /s/ Xxxxxx X. Xxxxxx Xxxxxx X. Xxxxxx Aventine Renewable Energy, Inc. ACCEPTED AND AGREED this 8th day of December 2003. VERASUN Energy Corporation By: /s/ XXXXXX X. XXXXXX Name: Xxxxxx X. Xxxxxx Title: CEO [*] CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. February 22, 2005 VeraSun Energy Corporation 0 XxxxXxx Xxxxx Xxxxxx, Xxxxx Xxxxxx 00000 Attention: Xxxxx Xxxxxxxx, President & CFO RE: Amendment of Ethanol Marketing Agreement Dear Don: Aventine Renewable Energy, Inc. ("AREI") and VeraSun Energy Corporation ("VERASUN") are parties to that certain Ethanol Marketing Agreement dated October 14, 2002, as amended by that certain letter amendment dated December 8, 2003 (the "Agreement"). AREI and VERASUN have discussed certain amendments to the Agreement as hereinafter set forth. This letter agreement is intended to memorialize such discussions. Accordingly, for and in consideration of the mutual covenants contained herein, AREI and VERASUN hereby agree as follows:.

Appears in 1 contract

Samples: Ethanol Marketing Agreement (Verasun Energy Corp)

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