Examples of Grain Facility in a sentence
The Parties hereby acknowledge and agree that the Corn Supply Agreement and the Grain Facility Lease have been negotiated and entered into simultaneously as integrated parts of one unified transaction with a common purpose.
Network paradoxes often derive from incongruence between individual characteristics and organisational control systems or the tension between individual action and collective interaction (Håkansson & Ford, 2002).
For purposes of this Section 13(b)(i), the term “Payment Date” means (x) during the first Contract Year, three (3) business days after Corn is supplied to the Grain Facility, (y) during the second Contract Year, two (2) business days after Corn is supplied to the Grain Facility and (z) thereafter, one (1) business day after Corn is supplied to the Grain Facility.
The Parties acknowledge that Cargill expects to follow a Corn origination model that is substantially similar to the model that is currently in use at the Grain Facility.
Cargill and Producer will use commercially reasonable efforts to develop IT systems that are capable of providing Cargill with real time information on (a) Corn deliveries to the Grain Facility, and (b) changes to the amount of Corn held in storage in the Grain Facility; and that are capable of providing Producer with information on its cash corn positions, price and quantity according to both delivery month and estimated delivery schedule.
Cargill warrants to Producer that the Corn sold to Producer at the time delivered to the Grain Facility shall conform to the specifications for the Corn set forth herein or on the applicable Sales Confirmation, subject to applicable discounts or premiums.
Corn will be delivered to the Grain Facility at the truck dump or rail pit, as applicable.
If Producer decides to resell any Corn for any reason including Force Majeure that has been delivered to the Grain Facility instead of processing such Corn into ethanol, then Cargill will arrange for such resale, including arrangement of transportation.
By no later than 10 a.m. CST on each Cargill Working Day after Corn is supplied to the Grain Facility, Cargill will send an invoice electronically to Producer setting forth the Purchase Price due from Producer for all such Corn (“Invoice”).
Producer shall pay to Cargill the Base Corn Price for Corn supplied to the Grain Facility.