WORKING CAPITAL MAINTENANCE AGREEMENTWorking Capital Maintenance Agreement • December 20th, 2016 • Pacific Ethanol, Inc. • Industrial organic chemicals
THIS WORKING CAPITAL MAINTENANCE AGREEMENT (as amended, restated, modified or supplemented from time to time, the “Agreement”) is dated as of December 15, 2016, and is entered into by and between AURORA COOPERATIVE ELEVATOR COMPANY, a Nebraska cooperative corporation (“ACE”), and PACIFIC ETHANOL, INC., a corporation organized and existing under the laws of Delaware (“PEI”) (ACE and PEI are hereinafter referred to individually and collectively as the “Contributor”), in favor of COBANK, ACB, a federally-chartered instrumentality of the United States (“CoBank”) .
