Common use of Estimated Production Clause in Contracts

Estimated Production. UBE acknowledges that the estimated production of Distiller’s Grains at the Plant is 26,787 tons of Distiller’s Grains per month on a dry matter basis once the Plant is initially fully operational, but that HR may (but is not required to) expand the capacity of the Plant. If HR determines to materially expand the capacity of the Plant, HR shall give UBE written notice of such expansion, and of the estimated production of Distiller’s Grains at the Plant after such expansion, at least one hundred eighty (180) days before the estimated completion date of the construction activities related to such expansion.

Appears in 2 contracts

Samples: Grains Marketing Agreement (Hawkeye Holdings, Inc.), Grains Marketing Agreement (Hawkeye Holdings, Inc.)

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Estimated Production. UBE acknowledges that the estimated production of Distiller’s Grains at the Plant is 26,787 11,250 tons of Distiller’s Grains per month on a dry matter basis once the Plant is initially fully operational, but that HR may (but is not required to) expand the capacity of the Plant. If HR determines to materially expand the capacity of the Plant, HR shall give UBE written notice of such expansion, and of the estimated production of Distiller’s Grains at the Plant after such expansion, at least one hundred eighty (180) days before the estimated completion date of the construction activities related to such expansion.

Appears in 2 contracts

Samples: Grains Marketing Agreement (Hawkeye Holdings, Inc.), Grains Marketing Agreement (Hawkeye Holdings, Inc.)

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