Cardinal Ethanol definition

Cardinal Ethanol. None Cardinal Colwich: The Kansas Plant was acquired from Creative Planning Business Alliance, LLC (successor by merger of Alliance Management, LLC) as receiver of Element, LLC under an Asset Purchase Agreement dated October 23, 2023 (the “Purchase Agreement”). The receivership is pending in the District Court of Sedgwick, County, Kansas (the “Court”) in the case styled Compeer Financial, FLCA, Plaintiff, v. Element, LLC, et al., as Case No. 2023-CV-000694-CM. Pursuant to that certain Order and Decree Authorizing Sale of Receivership Property issued by the Court on December 1, 2023 (the “Sales Order”), the Court ordered the sale of the Purchased Assets (as defined in the motion underlying the Sales Order) in accordance with and under the terms of the Purchase Agreement. The Court further ordered that upon the closing of the Purchase Agreement, the transfer of the Purchased Assets to Cardinal Colwich will vest fee simply title to such Purchased Assets in Cardinal Colwich, free and clear of all liens, claims, rights, titles or interests and the assumption of Assumed Liabilities by Cardinal Colwich, including the Assigned Contracts (as such terms are defined in the motion underlying the Sales Order), will constitute the legal, valid, and effective delegation of such Assumed Liabilities and divests Element, LLC of any interest in such Assigned Contracts. Loan Agreement -Schedule 3.01()

Examples of Cardinal Ethanol in a sentence

  • If Cardinal Ethanol rejects your subscription, your Subscription Agreement and investment will be promptly returned to you, plus nominal interest, minus escrow fees.

  • Notices to the Company shall be sent to: STEIN MART, INC ▇▇▇ention: Hunt Hawkins 1▇▇▇ R▇▇▇▇▇▇▇ce Boulevard, 5th F▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇: (▇04) 346-1297 Notices ▇▇▇ ▇▇▇▇▇▇▇▇▇tions to Executive shall be sent to the address Executive most recently provided to the Company.

  • All notices which may be necessary or proper for either the Company or the Employee to give to the other shall be in writing and shall be delivered by hand or sent by registered or certified mail, return receipt requested, or by air courier, and shall be deemed given when sent, to the addresses listed below: If to the Company: Cardinal Ethanol, LLC1554 ▇.

  • You should read the Prospectus dated [Date of Effectiveness] (the “Prospectus”) in its entirety including exhibits for a complete explanation of an investment in Cardinal Ethanol, LLC.

  • The name of the Company shall be "Cardinal Ethanol, LLC" and all business of the Company shall be conducted in such name.

  • Cardinal Ethanol may not consider the acceptance or rejection of your subscription until a future date near the end of this offering.

  • You cannot invest in Cardinal Ethanol unless you meet one, or more, of the following suitability tests (a or b) set forth below.

  • If you fail to pay the second installment pursuant to the Promissory Note and Security Agreement, Cardinal Ethanol shall be entitled to retain your first installment and to seek other damages, as provided in the Promissory Note and Security Agreement.

  • In the event the interest on the escrow account is insufficient to satisfy the full amount of fees payable hereunder, Cardinal Ethanol shall be solely responsible for the payment of such fees and the Escrow Agent shall not seek payment of the fees from investors or apply any principal deposited by investors in the escrow account against such fees.

  • The Escrow Agent shall be permitted, and is hereby authorized to deposit, transfer, hold and invest all funds received under this Agreement, including principal and interest, in those investments directed, in writing by Cardinal Ethanol.