Common use of Off-Site Storage Clause in Contracts

Off-Site Storage. In order to maximize profit potential, and including taking advantage of regional marketing opportunities, there will be times in the marketing of Product that REG Services will recommend the storage of Blackhawk Biofuels’ Product in third party locations. In such cases REG Services will provide data to evaluate the cost effectiveness of storage in order for Blackhawk Biofuels’ Board of Managers to make decision in a timely manner. In such case, Blackhawk Biofuels agrees that it will be responsible for transportation costs for its Product to the storage facility, in and out charges, such Product’s prorated share of storage, and other related expense.

Appears in 2 contracts

Sources: Management and Operational Services Agreement (Blackhawk Biofuels, LLC), Management and Operational Services Agreement (Blackhawk Biofuels, LLC)