Common use of Rules and Guidelines Clause in Contracts

Rules and Guidelines. (i) TAI shall be required to pay for all Capital Spending related to or affecting the Facilities. (ii) Depreciation is for the account of the business venture. (iii) TAI has authority to approve all Minor Capital Spending in the Plan less than * per project, so long as such expenditures are consistent with the Plan. (iv) Proposed expenditures of * per project or more related to or affecting the Cargill Facilities will be submitted to Cargill for prior approval, including all expenditures within the Plan. (v) TAI's capital spending approval procedures will govern TAI's decision-making process for Minor Capital Spending. (vi) Substitutions within the framework of the Plan will be allowed for expenditures less than * . Substituted expenditures of amounts greater than * will require the approval of the owner of the affected Facility. (vii) All Major Capital Spending in excess of * per project will require prior approval by both parties regardless of the affected Facility. (viii) All capital spending in excess of or outside of the Plan will require prior approval by both parties. (ix) Upon termination of the Lease Agreement, Cargill shall purchase from TAI, and TAI shall sell to Cargill, all alterations, additions and improvements to the Cargill Facilities at the then current book value of such alterations, additions and improvements, consistent with Section 7(b) of the Lease Agreement. *CONFIDENTIAL INFORMATION HAS BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED SEPARATELY WITH THE SEC

Rules and Guidelines. (i) TAI shall be required to pay for all Capital Spending related to or affecting the Facilities. (ii) Depreciation is for the account of the business venture. (iii) TAI has authority to approve all Minor Capital Spending in the Plan less than * per project, so long as such expenditures are consistent with the Plan. (iviii) Proposed expenditures of * per project or more related to or affecting the Cargill Facilities will be submitted to Cargill for prior approval, including all expenditures within the Plan. (viv) TAI's capital spending approval procedures will govern TAI's decision-making process for Minor Capital Spending.. *CONFIDENTIAL INFORMATION HAS BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED SEPARATELY WITH THE SEC (viv) Substitutions within the framework of the Plan will be allowed for expenditures less than * . Substituted expenditures of amounts greater than * will require the approval of the owner of the affected Facility. (viivi) All Major Capital Spending in excess of * per project will require prior approval by both parties regardless of the affected Facility. (viiivii) All capital spending in excess of or outside of the Plan will require prior approval by both parties. (ixviii) Upon termination of the Lease Agreement, Cargill shall purchase from TAI, and TAI shall sell to Cargill, all alterations, additions and improvements to the Cargill Facilities at the then current book value of such alterations, additions and improvements, consistent with Section 7(b) of the Lease Agreement. *CONFIDENTIAL INFORMATION HAS BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED SEPARATELY WITH THE SEC.