Tax Credits; Blending, Shipping & Loading. Blackhawk Biofuels will, at the request of REG Marketing, blend the Biodiesel with petroleum diesel (supplied by Blackhawk Biofuels at its cost) to create B99.9 biodiesel at no additional charge to REG Marketing. Any excise tax or income tax credit or refund, including any blender’s credit or CCC credit or refund (“Tax Credits”) relating to the Biodiesel delivered to REG Marketing will be for the account of REG Marketing, and shall be submitted (as applicable) to the United States Internal Revenue Service (“IRS”) or other appropriate entity by Blackhawk Biofuels, unless otherwise requested by REG Marketing Blackhawk Biofuels will not claim any Tax Credits relating to the Biodiesel delivered to REG Marketing without the written consent of REG Marketing. In addition, Blackhawk Biofuels shall fulfill the requests regarding additives and load temperature as set out on the “Shipping/Loadout Request” form supplied by REG Marketing and complete the loadout information for each load of Biodiesel shipped, all as set out on the attached as Exhibit D hereto.
Tax Credits; Blending, Shipping & Loading. CIE will, at the request of REG Marketing, blend the Biodiesel with petroleum diesel (supplied by CIE at its cost) to create B99.9 biodiesel at no additional charge to REG Marketing. Any excise tax or income tax credit or refund, including any blender’s credit or refund (“Tax Credits”) relating to the Biodiesel delivered to REG Marketing will be for the account of REG Marketing, and shall be submitted (as applicable) to the United States Internal Revenue Service (“IRS”) or other appropriate entity by CIE, unless otherwise requested by REG Marketing. CIE will retain the exclusive right to any CCC Bioenergy refund or credit that the Biodiesel may become eligible for. CIE will not claim any other Tax Credits relating to the Biodiesel delivered to REG Marketing without the written consent of REG Marketing. In addition, CIE shall fulfill the requests regarding additives and load temperature as set out on the “Shipping/Loadout Request” form supplied by REG Marketing and complete the loadout information for each load of Biodiesel shipped, all as set out on the attached as Exhibit D hereto.
Tax Credits; Blending, Shipping & Loading. Blackhawk Biofuels will, at the request of REG Marketing, blend the Biodiesel with petroleum diesel (supplied by Blackhawk Biofuels at its cost) to create B99.9 biodiesel at no additional charge to REG Marketing. Any excise tax or income tax credit or refund, including any blender’s credit or CCC credit or refund (“Tax Credits”) relating to the Biodiesel delivered to REG Marketing will be for the account of REG Marketing, and shall be submitted (as applicable) to the United States Internal Revenue Service (“IRS”) or other appropriate entity by Blackhawk Biofuels, unless otherwise requested by REG Marketing Blackhawk Biofuels will not claim any Tax Credits relating to the Biodiesel delivered to REG Marketing without the written consent of REG Marketing. In addition, Blackhawk Biofuels shall fulfill the requests regarding additives and load temperature as set out on the “Shipping/Loadout Request” form supplied by REG Marketing and complete the loadout information for each load of Biodiesel shipped, all as set out on the attached as Exhibit D hereto. If any changes occur in the applicable law prior to or during this contract period that will affect the availability of the blender tax credit of $1 per gallon for Biodiesel delivered during this contract period, then REG Marketing may terminate this Agreement at their option without any further liability or obligation to Blackhawk Biofuels other than in respect to amounts due for liabilities that have accrued prior to the date of such termination.
