Corridor Netback Model Sample Clauses

Corridor Netback Model. The Corridor Netback Model shall be used in calculating netback payments to Member and other LLC members and non-member participants in the Corridor Netback Model for all ethanol sold by RPMG on behalf of Member, all other LLC member participants and non-member participants in the Corridor Netback Model (the “Netback Price”). The Corridor Netback Model includes components that will be fixed on a quarterly basis (the “Fixed Components”) and components that will vary through the quarter (the “Variable Components”). Changes to the Corridor Netback Model to reflect changing economic circumstances may be made by management of RPMG.
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Corridor Netback Model. Attached hereto as Appendix 1 is a model (the "Corridor Netback Model") of the netback formula to be used in calculating netback payments to Member and other LLC members and non-member participants in the Corridor Netback Model for all ethanol sold by RPMG on behalf of Member, all other LLC member participants and non-member participants in the Corridor Netback Model (the "Netback Price"). The Corridor Netback Model includes components that will be fixed on a quarterly basis and are shaded in yellow in Appendix 1 (the "Fixed Components") and components that will vary through the quarter and are shaded in green in Appendix 1 (the "Variable Components"). Changes to the Corridor Netback Model to reflect changing economic circumstances may be made by management of RPMG and Appendix 1 attached hereto shall be updated and revised accordingly.

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