South Dakota Soybean Processors Llc Sample Contracts

South Dakota Soybean Processors Llc – AMENDED AND RESTATED REVOLVING CREDIT PROMISSORY NOTE (March 20th, 2019)

THIS AMENDED AND RESTATED REVOLVING CREDIT PROMISSORY NOTE (this "Promissory Note") to the Credit Agreement dated December 28, 2016 (such agreement, as may be amended, hereinafter referred to as the "Credit Agreement"), is entered into as of November 23, 2018 between COBANK, ACB, a federally-chartered instrumentality of the United States ("Lender") and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota, a limited liability company (together with its permitted successors and assigns, the "Borrower"). Capitalized terms not otherwise defined in this Promissory Note will have the meanings set forth in the Credit Agreement.

South Dakota Soybean Processors Llc – UNAUDITED FINANCIAL STATEMENTS Condensed Balance Sheet Condensed Statement of Operations December 31, 2018 For the Year Ended December 31, 2018 ASSETS Net revenues $ 391,436,374 Current assets Cost of revenues (362,837,870) cash and cash equivalents $ 7,197,082 gross profit 28,598,504 trade accounts receivable 20,550,438 Administrative expenses (3,834,845) inventories 36,716,014 operating profit 24,763,659 other current assets 3,843,015 total current assets 68,306,549 Other income (expense) Interest expense (1,127,326) Property and equipment 110,314,779 other non-operating income 2,241,012 les (February 27th, 2019)
South Dakota Soybean Processors Llc – AMENDMENT TO CREDIT AGREEMENT (March 21st, 2018)

THIS AMENDMENT is entered into as of February 27, 2018, between SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota, a limited liability company (the “Borrower”), and COBANK, ACB, a federally-chartered instrumentality of the United States (“Lender”). Capitalized terms used and not defined herein shall have the meanings assigned to such terms in the Agreement (as defined below).

South Dakota Soybean Processors Llc – AMENDED AND RESTATED MONITORED REVOLVING CREDIT PROMISSORY NOTE (March 21st, 2018)

THIS AMENDED AND RESTATED MONITORED REVOLVING CREDIT PROMISSORY NOTE (this “Promissory Note”) to the Credit Agreement dated December 28, 2016 (such agreement, as may be amended, hereinafter referred to as the “Credit Agreement”), is entered into as of February 27, 2018 between COBANK, ACB, a federally-chartered instrumentality of the United States (“Lender”) and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota, a limited liability company (together with its permitted successors and assigns, the “Borrower”). Capitalized terms not otherwise defined in this Promissory Note will have the meanings set forth in the Credit Agreement.

South Dakota Soybean Processors Llc – AMENDED AND RESTATED MONITORED REVOLVING CREDIT PROMISSORY NOTE (November 9th, 2017)

THIS AMENDED AND RESTATED MONITORED REVOLVING CREDIT PROMISSORY NOTE (this "Promissory Note") to the Credit Agreement (as amended) dated December 28, 2016 (the "Credit Agreement"), is entered into as of September 20, 2017 between COBANK, ACB, a federally chartered instrumentality of the United States ("Lender") and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota, a limited liability company (together with its permitted successors and assigns, the "Borrower"). Capitalized terms not otherwise defined in this Promissory Note will have the meanings set forth in the Credit Agreement.

South Dakota Soybean Processors Llc – AMENDED AND RESTATED OPERATING AGREEMENT OF (June 22nd, 2017)

This Amended and Restated Operating Agreement of South Dakota Soybean Processors, LLC, dated as of June 20, 2017, is executed and agreed to, for good and valuable consideration, by the Company (as defined below) and its Members (as defined below). This Amended and Restated Operating Agreement amends and restates the Amended and Restated Operating Agreement dated June 17, 2014.

South Dakota Soybean Processors Llc – AMENDMENT TO CREDIT AGREEMENT (May 12th, 2017)

THIS AMENDMENT is entered into as of March 28, 2017, between SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the "Borrower"), and COBANK, ACB, a federally-chartered instrumentality of the United States ("Lender"). Capitalized terms used and not defined herein shall have the meanings assigned to such terms in the Agreement (as defined below).

South Dakota Soybean Processors Llc – AMENDED AND RESTATED REVOLVING TERM PROMISSORY NOTE (May 12th, 2017)

THIS AMENDED AND RESTATED REVOLVING TERM PROMISSORY NOTE (this "Promissory Note") to the Credit Agreement (as amended) dated December 28, 2016 (the "Credit Agreement"), is entered into as of March 28, 2017 between COBANK, ACB, a federally chartered instrumentality of the United States ("Lender") and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota, a limited liability company (together with its permitted successors and assigns, the "Borrower"). Capitalized terms not otherwise defined in this Promissory Note will have the meanings set forth in the Credit Agreement.

South Dakota Soybean Processors Llc – EMPLOYMENT AGREEMENT (March 24th, 2017)

This Employment Agreement is made and entered into March 21, 2017, by and between South Dakota Soybean Processors, LLC, a South Dakota limited liability company ("SDSP"), and Mark Hyde ("Employee").

South Dakota Soybean Processors Llc – EMPLOYMENT AGREEMENT (March 24th, 2017)

This Employment Agreement is made and entered into this 1st day of January, 2017, by and between South Dakota Soybean Processors, LLC, a South Dakota limited liability company ("SDSP"), and Thomas J. Kersting ("Employee").

South Dakota Soybean Processors Llc – CREDIT AGREEMENT (March 22nd, 2017)

THIS CREDIT AGREEMENT (this "Agreement"), dated as of December 28, 2016 is entered into by and between SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota, a limited liability company (the "Borrower"), and COBANK, ACB, a federally-chartered instrumentality of the United States ("Lender").

South Dakota Soybean Processors Llc – AMENDED AND RESTATED REVOLVING TERM PROMISSORY NOTE (March 22nd, 2017)

THIS AMENDED AND RESTATED REVOLVING TERM PROMISSORY NOTE (this "Promissory Note") to the Credit Agreement dated December 28, 2016 (the "Credit Agreement"), is entered into as of December 28, 2016· between COBANK, ACB, a federally chartered instrumentality of the United States ("Lender") and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota, a limited liability company, (together with its permitted successors and assigns, the "Borrower"). Capitalized terms not otherwise defined in this Promissory Note will have the meanings set forth in the Credit Agreement.

South Dakota Soybean Processors Llc – AMENDED AND RESTATED MONITORED REVOLVING CREDIT PROMISSORY NOTE (March 22nd, 2017)

THIS AMENDED AND RESTATED MONITORED REVOLVING CREDIT PROMISSORY NOTE (this "Promissory Note") to the Credit Agreement dated December 28, 2016 (the "Credit Agreement"), is entered into as of December 2 8, 2016 between COBANK, ACB, a federally chartered instrumentality of the United States ("Lender") and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota, a limited liability company, (together with its permitted successors and assigns, the "Borrower"). Capitalized te1ms not otherwise defined in this Promissory Note will have the meanings set forth in the Credit Agreement.

South Dakota Soybean Processors Llc – Condensed statement of operations For the Year ended december 31, 2016 assets current assets cash and cash equivalents $ 11,654,648 trade accounts receivable 20,352,581 inventories 32,393,421 other current assets 3,857,534 total current assets 68,258,184 ProPertY and equiPment 89,832,688 less accumulated dePreciation (45,081,548) total ProPertY and equiPment, net 44,751,140 other assets investments in cooPeratives 6,231,233 convertible notes receivable 2,000,000 other long-term assets 1,783 total other assets 8,233,016 total assets $ 121,242,340 LIABILITIES AND MEMBERS’ EQUITY current liabilit (February 15th, 2017)
South Dakota Soybean Processors Llc – MONITORED REVOLVING CREDIT SUPPLEMENT (May 12th, 2016)

THIS SUPPLEMENT to the Master Loan Agreement dated March 19, 2012 (the “MLA”), is entered into as of ______________________, 2016 between CoBANK, ACB (“CoBank”) and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the “Company”), and amends and restates the Supplement dated October 1, 2015 and numbered RIB051S01W.

South Dakota Soybean Processors Llc – EMPLOYMENT AGREEMENT (August 21st, 2015)

This Employment Agreement is made and entered into this 18th day of August, 2015, by and between South Dakota Soybean Processors, LLC, a South Dakota limited liability company (“SDSP”), and Thomas J. Kersting (“Employee”).

South Dakota Soybean Processors Llc – MONITORED REVOLVING CREDIT SUPPLEMENT (August 14th, 2015)

THIS SUPPLEMENT to the Master Loan Agreement dated March 19, 2012 (the "MLA"), is entered into as of October 1, 2015 (the "Effective Date") between CoBANK, ACB ("CoBank") and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the "Company"), and amends and restates the Supplement dated ____________________, 2015 and numbered RIB051S01V.

South Dakota Soybean Processors Llc – REVOLVING TERM LOAN SUPPLEMENT (August 14th, 2015)

THIS SUPPLEMENT to the Master Loan Agreement dated March 19, 2012 (the "MLA"), is entered into as of July 16, 2015 between CoBANK, ACB ("CoBank") and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the "Company"), and amends and restates the Supplement dated January 12, 2015 and numbered RIB051T05L.

South Dakota Soybean Processors Llc – MONITORED REVOLVING CREDIT SUPPLEMENT (August 14th, 2015)

THIS SUPPLEMENT to the Master Loan Agreement dated March 19, 2012 (the "MLA"), is entered into as of July 16, 2015 between CoBANK, ACB ("CoBank") and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the "Company"), and amends and restates the Supplement dated March 19, 2015 and numbered RIB051S01U.

South Dakota Soybean Processors Llc – MASTER LOAN AGREEMENT (August 14th, 2015)

THIS AMENDMENT is entered into as of July 16, 2015, between CoBANK, ACB ("CoBank") and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the "Company").

South Dakota Soybean Processors Llc – REVOLVING TERM LOAN SUPPLEMENT (March 25th, 2015)

THIS SUPPLEMENT to the Master Loan Agreement dated March 19, 2012 (the "MLA"), is entered into as of January 12, 2015 between CoBANK, ACB ("CoBank") and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the "Company"), and amends and restates the Supplement dated March 22, 2013 and numbered RIB051T05K.

South Dakota Soybean Processors Llc – MONITORED REVOLVING CREDIT SUPPLEMENT (March 25th, 2015)

THIS SUPPLEMENT to the Master Loan Agreement dated March 19, 2012 (the “MLA”), is entered into as of ______________________, 2015 between CoBANK, ACB (“CoBank”) and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the “Company”), and amends and restates the Supplement dated August 6, 2014 and numbered RIB051S01T.

South Dakota Soybean Processors Llc – MONITORED REVOLVING CREDIT SUPPLEMENT (August 12th, 2014)

THIS SUPPLEMENT to the Master Loan Agreement dated March 19, 2012 (the “MLA”), is entered into as of ______________________, 2014 between CoBANK, ACB (“CoBank”) and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the “Company”), and amends and restates the Supplement dated July 24, 2013 and numbered RIB051S01S.

South Dakota Soybean Processors Llc – AMENDMENT TO THE MASTER LOAN AGREEMENT (August 12th, 2014)

THIS AMENDMENT is entered into as of ______________________, 2014, between CoBANK, ACB (“CoBank”) and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the “Company”).

South Dakota Soybean Processors Llc – AMENDED AND RESTATED OPERATING AGREEMENT OF SOUTH DAKOTA SOYBEAN PROCESSORS, LLC (June 19th, 2014)

This Amended and Restated Operating Agreement of South Dakota Soybean Processors, LLC, dated as of June 17, 2014, is executed and agreed to, for good and valuable consideration, by the Company (as defined below) and its Members (as defined below).

South Dakota Soybean Processors Llc – EMPLOYMENT AGREEMENT (April 3rd, 2014)

This Employment Agreement is made and entered into this 1st day of April, 2014, by and between South Dakota Soybean Processors, LLC, a South Dakota limited liability company (“SDSP”), and Thomas J. Kersting (“Employee”).

South Dakota Soybean Processors Llc – MONITORED REVOLVING CREDIT SUPPLEMENT (August 9th, 2013)

THIS SUPPLEMENT to the Master Loan Agreement dated March 19, 2012 (the "MLA"), is entered into as of July 23, 2013 between CoBANK, ACB ("CoBank") and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the "Company"), and amends and restates the Supplement dated March 22, 2013 and numbered RIB05ISOIR.

South Dakota Soybean Processors Llc – AMENDMENT TO THE MASTER LOAN AGREEMENT (August 9th, 2013)

THIS AMENDMENT is entered into as of July 23, 2013, between CoBANK, ACB (“CoBank”) and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the “Company”).

South Dakota Soybean Processors Llc – MONITORED REVOLVING CREDIT SUPPLEMENT (March 25th, 2013)

THIS SUPPLEMENT to the Master Loan Agreement dated March 19 ,2012 (the "MLA"), is entered into as of March 21, 2013 between CoBANK, ACB ("CoBank") and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the "Company"), and amends and restates the Supplement dated October 4, 2012 and numbered RIB051SO1Q.

South Dakota Soybean Processors Llc – REVOLVING TERM LOAN SUPPLEMENT (March 25th, 2013)

THIS SUPPLEMENT to the Master Loan Agreement dated March 19, 20 12 (the "MLA"), is entered into as of March 21, 2013 between CoBANK, ACB ("CoBank") and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the "Company"), and amends and restates the Supplement dated October 4, 2012 and numbered R IB05 lT05J.

South Dakota Soybean Processors Llc – STATE OF SOUTH DAKOTA DEPARTMENT OF TRANSPORTATION LOAN AGREEMENT (March 5th, 2013)

This Loan Agreement is made and entered into by and among the Brookings County Regional Railroad Authority. duly authorized to do business in the State of South Dakota, referred to in this Loan Agreement as "AUTHORITY"; the State of South Dakota, a body politic, acting by and through its Department of Transportation, South Dakota State Railroad Board, referred to in Loan Agreement as "STATE"; and South Dakota Soybean Processors, LLC, referred to in this Loan Agreement as "INDUSTRY." Once fully signed, this Loan Agreement is effective beginning March 1, 2013.

South Dakota Soybean Processors Llc – REVOLVING TERM LOAN SUPPLEMENT (November 14th, 2012)

THIS SUPPLEMENT to the Master Loan Agreement dated March 19,2012 (the "MLA"), is entered into as of October 4, 2012 between CoBANK, ACB ("CoBank") and SOUTH DAKOT A SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the "Company"), and amends and restates the Supplement dated November 10,2011 and numbered RIB051T051.

South Dakota Soybean Processors Llc – AMENDMENT TO THE MASTER LOAN AGREEMENT (November 14th, 2012)

THIS AMENDMENT is entered into as of October 4, 2012 between CoBANK, ACB ("Co Bank") and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the "Company").

South Dakota Soybean Processors Llc – MONITORED REVOLVING CREDIT SUPPLEMENT (November 14th, 2012)

THIS SUPPLEMENT to the Master Loan Agreement dated March 19, 2012 (the "MLA"), is entered into as of October 4, 2012 between CoBANK, ACB ("CoBank") and SOUTH DAKOTA SOYBEAN PROCESSORS, LLC, Volga, South Dakota (the "Company"), and amends and restates the Supplement dated July 23, 2012 and numbered RIB051S01P.

South Dakota Soybean Processors Llc – AMENDED AND RESTATED OPERATING AGREEMENT OF SOUTH DAKOTA SOYBEAN PROCESSORS, LLC JUNE 19, 2012 (June 21st, 2012)

This Amended and Restated Operating Agreement of South Dakota Soybean Processors, LLC, dated as of June 19, 2012, is executed and agreed to, for good and valuable consideration, by the Company (as defined below) and its Members (as defined below).