Corn Oil definition

Corn Oil means products that are essentially pure corn oil and are labeled as such
Corn Oil means the oil that is separated from the dried distillers’ grain, a Co-Product of a dry mill ethanol facility, and which is sold to the biofuel industry;
Corn Oil means corn oil, a high fat liquid product derived from the ethanol production process. In the event that set-off amounts are not sufficient to pay a Daily Installment, ▇▇▇▇▇▇▇▇ shall retain all payments due Aemetis Keyes in connection with ▇▇▇▇▇▇▇▇’▇ marketing of the Ethanol Products until such time as the Daily Installments then due to ▇▇▇▇▇▇▇▇ under this subsection (a) are current and paid in full. To the extent that any portion of the Re-Start Fee remains unpaid as of the expiration of the Re-Start Fee Accumulation Period (the “Final Maturity Date”), such outstanding balance shall bear interest at the rate of 18% per month until paid in full. Interest will be calculated based on actual days elapsed since the Final Maturity Date and a year of 365/366 days, as applicable.

Examples of Corn Oil in a sentence

  • Dates of shipment and quantities of Corn Oil specified are of the essence.

  • Soy Energy shall provide to Seller reasonable consultation and reevaluation of new samples of Corn Oil to assist Seller in making such modifications.

  • POET warrants that at the time of Delivery the Products will conform to the following specifications (the “Specifications”): (a) in the case of Products that are distillers grains, the product attributes described on the Feed Tags associated with such Products, or (b) in the case of Products that are corn oil, the POET Corn Oil Product Specification Sheet for the particular commodity.

  • Seller, at its expense, will provide suitable load-out and storage facilities for the Corn Oil at the Ethanol Plant.

  • Soy Energy shall provide reasonable reevaluation of new samples of Corn Oil.

  • Seller shall deposit all Corn Oil into a storage tank at Seller’s Ethanol Plant.

  • Seller shall promptly notify Soy Energy whenever it appears to Seller that it will be unable to produce and have available the estimated quantities of Corn Oil on the dates specified.

  • The Monthly Additional Heating Oil Index Payment for deliveries of Corn Oil during a calendar month will be paid by Soy Energy (as defined in Schedule A) within ten (10) days after the last day of that calendar month.

  • In addition to the Corn Oil Prequalification process set forth below in Section 3, Soy Energy has the right to inspect and test any Corn Oil prior to its delivery.

  • Seller may, at its sole expense, modify Seller’s corn oil recovery facility to achieve a Corn Oil meeting the specifications on Schedule B.


More Definitions of Corn Oil

Corn Oil means corn oil, a high fat liquid product derived from the ethanol production process. In the event that set-off amounts are not sufficient to pay a Daily Installment, Heiskell shall retain all payments due Aemetis ▇▇▇▇▇ in connection with ▇▇▇▇▇▇▇▇’▇ sale of the Ethanol Products until such time as the Daily Installments then due to Heiskell under this subsection (a) are current and paid in full. To the extent that any portion of the Re-Start Working Capital Repayment remains unpaid as of the expiration of the Re-Start Working Capital Repayment Accumulation Period (the “Final Maturity Date”), such outstanding balance shall bear interest at the rate of 18% APR, calculated daily, on any outstanding balance not repaid at the end of the Re-Start Working Capital Repayment Period at the Final Maturity Date. Interest will be calculated based on actual days elapsed since the Final Maturity Date and a year of 365/366 days, as applicable. In the Event of Default described herein or in the Related Agreements, Heiskell shall be permitted to apply the Re-Start Working Capital Repayment to any outstanding payments owed by Aemetis ▇▇▇▇▇ to Heiskell.