Corn Procurement Policy Sample Clauses

Corn Procurement Policy. Producer will abide by any terms of the Corn Procurement Policy applicable to Producer.
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Corn Procurement Policy. A-B shall abide by any terms of the Corn Procurement Policy applicable to A-B in connection with provision of the Services. Neither A-B nor its Affiliates shall be in breach of this Agreement or liable to Producer as the result of Services provided under this Agreement to the extent A-B acts in accordance with the Corn Procurement Policy or in accordance with directions given by Producer's Board or general manager.
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Corn Procurement Policy. Producer will establish, with the input of A-B, a Corn procurement policy setting forth the guidelines and parameters within which A-B will acquire Corn as agent of Producer for the Facility (the "Corn Procurement Policy"). The Corn Procurement Policy is subject to approval and modification by Producer's risk management committee and/or Board of Managers and may be developed in connection with a comprehensive risk management policy for the marketing of all products produced by the Facility and the inputs required for operation of the Facility. The Corn Procurement Policy shall include, among other things, obligations of Producer to deliver to A-B written estimates of Corn requirements at the Facility a reasonable period of time prior to such requirement, allowable range of prices and guidelines for the establishment of daily bids, credit limits, forward contracting limits, risk management guidelines, quality standards, a price discount schedule and other daily operating parameters to be followed by A-B in procuring the Corn. The Corn Procurement Policy shall be updated as necessary to reflect current market conditions and operational needs of the Facility. The allowable range of prices for Corn included within the Corn Procurement Policy may include, in Producer's discretion, the price actually paid by Producer to purchase the Corn, plus all expenses incurred by Producer to deliver the Corn to the Facility, whether incurred before or during the Term, less any quality discounts.
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Corn Procurement Policy. Producer and Bunge will agree upon a Corn procurement policy (the “Policy”) setting forth the guidelines and parameters within which Bunge will acquire Corn as an agent for Producer. The Policy will include, among other things, the establishment of daily bids, shipping guidelines, credit limits, forward contracting limits, risk management guidelines and other daily operating parameters, and Producer’s obligations to deliver to Bunge written estimates of Corn requirements at the Facility in accordance with the following: *** Portions omitted pursuant to a request for confidential treatment and filed separately with the SEC.
Sample 1
Corn Procurement Policy. Producer and Bunge will jointly establish a Corn procurement policy setting forth the guidelines and parameters within which Bunge will acquire Corn as agent of Producer for the Facility (the “Corn Procurement Policy”). The Corn Procurement Policy is subject to approval and modification jointly by Bunge and Producer’s risk management committee and/or Board of Managers and will be developed in connection with a comprehensive risk management policy for the marketing of all products produced by the Facility and the acquisition of all inputs required for operation of the Facility. The Corn Procurement Policy shall include, among other things, Producer’s obligations to deliver to Bunge: (a) written estimates of Corn (and Enogen Corn) requirements at the Facility a reasonable period of time prior to such requirements, (b) allowable ranges of prices and guidelines for the establishment of daily bids, (c) credit limits, (d) forward contracting limits, (e) risk management guidelines, (f) quality standards, (g) a price discount schedule and (h) other daily operating parameters to be followed by Bunge in procuring the Corn. The Corn Procurement Policy shall be jointly updated by Bunge and Producer as necessary to reflect current market conditions and operational needs of the Facility.
Sample 1
Corn Procurement Policy. Bunge shall abide by any terms of the Corn Procurement Policy applicable to Bunge in connection with provision of the Services. Neither Bunge nor its Affiliates shall be in breach of this Agreement or liable to Producer as the result of Services provided under this Agreement to the extent Bunge acts in accordance with the Corn Procurement Policy or in accordance with directions given by Producer’s Board of Directors or general manager.
Sample 1

Related to Corn Procurement Policy

  • Risk Management Policy The Administrative Agent and the Lenders shall have received a copy of the Risk Management Policy, including position and other limits, which shall be satisfactory in content and form to the Administrative Agent.

  • Investment Policies The Borrower is in compliance in all material respects with the Investment Policies.

  • Investment Policy Investment objectives, policies and other restrictions for the management of the Investment Assets, including requirements as to diversification, are set forth in Exhibit A to this Agreement. The Sub-Advisor must discharge its duties hereunder in accordance with Exhibit A as revised or supplemented in separate written instructions provided from time to time by the Advisor or the Fund’s Board of Directors.

  • R&W Policy Concurrently with the execution and delivery of this Agreement, Buyers have delivered to Sellers’ Representative a duly executed binder agreement (the “Binder Agreement”) by and between Buyers and AIG Specialty Insurance Company, an Illinois corporation, with respect to the delivery of an insurance policy with respect to the representations and warranties of Sellers under this Agreement (the “R&W Policy”) at the Closing, which Binder Agreement shall not be amended in a manner that adversely affects Sellers without the prior written consent of Sellers’ Representative (such consent not to be unreasonably withheld, conditioned or delayed); provided, that the parties hereto agree that any version of the R&W Policy and Binder Agreement delivered to Sellers’ Representative shall not include Annex A or Annex B referenced therein. Buyers and its Affiliates shall not amend, waive, or otherwise modify the subrogation provision under the R&W Policy in any manner that would allow the insurer thereunder to subrogate or otherwise make or bring any action against the Sellers (other than any claim for Fraud of any Seller). The policy provider of the R&W Policy has agreed that the R&W Policy will expressly provide that the policy provider shall not have the right to, and will not, pursue any subrogation rights or contribution rights or any other claims against any Seller or any of the Sellers’ Parties in connection with any claim made by any Buyers’ Indemnified Party thereunder, other than for Fraud, and that such provision of the insurance policy may not be amended without the prior written consent of Sellers’ Representative. Sellers shall pay, cause to be paid or reimburse Buyers for all costs and expenses related to the R&W Policy, including the total premium, underwriting costs, brokerage commissions, and other fees and expenses of such policy, provided that such amounts shall be without duplication to those otherwise included in Transaction Expenses.

  • Credit Policy Subject to Section 6.01(h), the Borrower will not consent to Regional Management’s amendment, modification, restatement or replacement, in whole or in part, of the Credit Policy, which change could adversely affect the interests or the remedies of the Secured Parties under the Basic Documents, without the prior written consent of the Administrative Agent (acting at the direction of the Required Lenders) (and the Required Lenders shall use commercially reasonable efforts to respond to such consent request within five Business Days of their receipt thereof).

  • Business Continuity Plan The Warrant Agent shall maintain plans for business continuity, disaster recovery, and backup capabilities and facilities designed to ensure the Warrant Agent’s continued performance of its obligations under this Agreement, including, without limitation, loss of production, loss of systems, loss of equipment, failure of carriers and the failure of the Warrant Agent’s or its supplier’s equipment, computer systems or business systems (“Business Continuity Plan”). Such Business Continuity Plan shall include, but shall not be limited to, testing, accountability and corrective actions designed to be promptly implemented, if necessary. In addition, in the event that the Warrant Agent has knowledge of an incident affecting the integrity or availability of such Business Continuity Plan, then the Warrant Agent shall, as promptly as practicable, but no later than twenty-four (24) hours (or sooner to the extent required by applicable law or regulation) after the Warrant Agent becomes aware of such incident, notify the Company in writing of such incident and provide the Company with updates, as deemed appropriate by the Warrant Agent under the circumstances, with respect to the status of all related remediation efforts in connection with such incident. The Warrant Agent represents that, as of the date of this Agreement, such Business Continuity Plan is active and functioning normally in all material respects.

  • Recoupment Policy Executive agrees that Executive will be subject to any compensation clawback or recoupment policies that may be applicable to Executive as an employee of the Company, as in effect from time to time and as approved by the Board or a duly authorized committee thereof, to comply with the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Regulation RR Risk Retention Ford Credit, as Sponsor, and the Depositor agree that (i) Ford Credit will cause the Depositor to, and the Depositor will, retain the Residual Interest on the Closing Date and (ii) Ford Credit will not permit the Depositor to, and the Depositor will not, sell, transfer, finance or hedge the Residual Interest except as permitted by Regulation RR.

  • Employment Policies The employment relationship between the parties shall also be governed by the general employment policies and practices of the Company, including those relating to protection of confidential information and assignment of inventions, except that when the terms of this Agreement differ from or are in conflict with the Company’s general employment policies or practices, this Agreement shall control.

  • Blanket Policies Notwithstanding anything to the contrary in this Section 6.03, any insurance which Lessee is required to obtain pursuant to this Section 6.03 may be carried under a “blanket” policy or policies covering other properties or liabilities of Lessee provided that such “blanket” policy or policies otherwise comply with the provisions of this Section 6.03.

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