Common use of Sole Provider of Services Clause in Contracts

Sole Provider of Services. Subject to the terms of this Agreement, Producer agrees during the Term to use Bunge as the sole provider of the Services described in this Agreement and not to engage any other third party to provide such Services. Notwithstanding the foregoing sentence, Producer shall be allowed to purchase Feedstock directly from the actual producer of Feedstock on Producer’s own behalf; provided, Producer may only use internally generated funds of Renewable Energy Group, Inc. (“REG”) or an Affiliate of REG or funds obtained from REG’s or an REG Affiliate’s senior secured credit facilities in connection with such transactions.

Appears in 3 contracts

Samples: Master Services Agreement (REG Newco, Inc.), Master Services Agreement (REG Newco, Inc.), Feedstock Purchase and Sale Agreement (Renewable Energy Group, Inc.)

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Sole Provider of Services. Subject to the terms of this Agreement, Producer agrees during the Term to use Bunge as the sole provider of the Services described in this Agreement and not to engage any other third party to provide such Services. Notwithstanding the foregoing sentence, Producer shall be allowed to purchase Feedstock directly from the actual producer of Feedstock on Producer’s own behalf; provided, Producer may only use internally generated funds of Renewable Energy Group, Inc. (“REG”) or an Affiliate of REG or funds obtained from REG’s or an REG Affiliate’s senior secured credit facilities in connection with such transactions. During the Term, Producer shall not enter into a tolling arrangement with any third party without the prior consent of Bunge, which consent shall not be unreasonably withheld.

Appears in 2 contracts

Samples: Master Services Agreement (REG Newco, Inc.), Master Services Agreement (REG Newco, Inc.)

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