Common use of Production Estimates Clause in Contracts

Production Estimates. As of the Effective Date of this Agreement, LS will provide MCP with LS's best estimate of LS's anticipated monthly ethanol production for the next twelve (12) months, to assist MCP in developing appropriate marketing strategies for the ethanol to be produced by LS. On or before the first day of each month, LS will provide MCP with its updated best estimate of LS's anticipated monthly ethanol production for the next twelve (12) months, so that MCP will have ethanol production estimates from LS twelve (12) months into the future during the entire time that this Agreement is in effect. Once this Agreement has been terminated under Section 2(a), Section 2(b), or Section 2(d) above, LS will no longer be required to provide MCP with any further monthly ethanol production estimates, except to the extent required in any written termination agreement between the parties entered into under Section 2(d) above. Once either party has sent a written notice of intent to terminate this Agreement under Section 2(c) above, LS's monthly ethanol production estimates must continue to cover the time period through the proposed termination date, but need not extend to any months after the proposed termination date.

Production Estimates. As of the Effective Date of this Agreement, LS will provide MCP ADM with LS's ’s best estimate of LS's ’s anticipated monthly ethanol production for the next twelve (12) months, to assist MCP ADM in developing appropriate marketing strategies for the ethanol to be produced by LS. On or before the first day of each month, LS will provide MCP ADM with its updated best estimate of LS's ’s anticipated monthly ethanol production for the next twelve (12) months, so that MCP ADM will have ethanol production estimates from LS twelve (12) months into the future during the entire time that this Agreement is in effect. Once this Agreement has been terminated under Section 2(a), Section 2(b), or Section 2(d) above, LS will no longer be required to provide MCP ADM with any further monthly ethanol production estimates, except to the extent required in any written termination agreement between the parties entered into under Section 2(d) above. Once either party has sent a written notice of intent to terminate this Agreement under Section 2(c) above, LS's ’s monthly ethanol production estimates must continue to cover the time period through the proposed termination date, but need not extend to any months after the proposed termination date.