Common use of No Liens, Title and Risk of Loss Clause in Contracts

No Liens, Title and Risk of Loss. Producer warrants that corn oil delivered to RPMG hereunder shall be free and clear of all liens and encumbrances of any nature whatsoever other than liens in favor of RPMG. Title to and risk of loss of each load of corn oil shall pass to RPMG at the time such load passes across the scale into rail cars or trucks at the Ethanol Facility (the “Title Transfer Point”). Until such time, Producer shall be deemed to be in control of and in possession of the corn oil.

Appears in 6 contracts

Samples: Marketing Agreement (Highwater Ethanol LLC), Corn Oil Marketing Agreement (Heron Lake BioEnergy, LLC), Corn Oil Marketing Agreement (Heron Lake BioEnergy, LLC)

AutoNDA by SimpleDocs

No Liens, Title and Risk of Loss. Producer warrants that corn oil delivered to RPMG hereunder at the time title transfer to RPMG shall be free and clear of all liens and encumbrances of any nature whatsoever other than liens in favor of RPMG. Title to and risk of loss of each load of corn oil shall pass to RPMG at the time such load passes across the scale into rail cars or trucks at the Ethanol Facility (the “Title Transfer Point”). Until such time, Producer shall be deemed to be in control of and in possession of the corn oil.

Appears in 1 contract

Samples: Corn Oil Marketing Agreement (Homeland Energy Solutions LLC)

AutoNDA by SimpleDocs

No Liens, Title and Risk of Loss. Producer warrants that corn oil delivered to RPMG hereunder shall be free and clear of all liens and encumbrances of any nature whatsoever other than liens in favor of RPMG. Title to and risk of loss of each load of corn oil shall pass to RPMG at the time such load passes across the scale into rail cars or trucks at the Ethanol Facility (the “Title Transfer Point”). Until such time, Producer shall be deemed to be in control of and in possession of the corn oil. ***Confidential material redacted and filed separately with the Commission.

Appears in 1 contract

Samples: Corn Oil Marketing Agreement (Lake Area Corn Processors LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.