Common use of OPEN CONTRACTS Clause in Contracts

OPEN CONTRACTS. Upon the termination of this Restated Agreement, for whatever reason, HR shall be responsible for making available to UBE, in accordance with the terms and conditions of this Restated Agreement, any remaining quantities of Distiller’s Grains which are the subject of an Accepted Purchase Order and which have not yet been picked up by UBE in accordance with Section 5, provided UBE complies with its obligations under Section 5 and UBE provides HR with reasonable assurances of payment to HR for all such remaining Accepted Purchase Orders.

Appears in 4 contracts

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

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