Common use of WDG Clause in Contracts

WDG. A price equal to [***] percent ([***]%) of the F.O.B. Plant Price for the WDG. For purposes of this Restated Agreement, the “F.O.B. Plant Price” shall mean the sale price and other amounts billed or invoiced to the UBE Customer in question (other than amounts which are for reimbursement of out-of-pocket costs/expenses of UBE), less all freight costs incurred by UBE in delivering the Distiller’s Grains to the UBE Customer in question. UBE will communicate and consult with HR about prices and trends in the dried distiller’s grains and wet distiller’s grains markets on a weekly basis so that both parties are informed regarding pricing and trends. UBE will allocate its purchases of dried distiller’s grains and wet distiller’s grains among HR and UBE’s other suppliers of dried distiller’s grains and wet distiller’s grains in a fair, reasonable and consistent manner, but UBE will submit Purchase Orders to HR for purchases of all of the Distiller’s Grains.

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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