Examples of Monthly Estimate in a sentence
Each Weekly Estimate will (a) include a statement of the amount of Ethanol in storage as of such date, and (b) be consistent with the applicable Monthly Estimate.
If Producer fails to timely provide a written estimate for a month as required by this Section 2.2, then the Monthly Estimate for such month will be deemed to be the average amount of monthly production of Ethanol over the two months immediately preceding the month in question.
The “Substitute Ethanol” means the volume of ethanol procured by Bunge to meet ethanol sale commitments due to Producer’s failure to supply the amount of Ethanol in the applicable Monthly Estimate or Weekly Estimate.
If Producer produces Ethanol in excess of the Monthly Estimate for a given month or Weekly Estimate for a given week, then Producer acknowledges that any sale by Bunge of such excess volume of Ethanol on the spot market will fulfill Bunge’s obligation in Section 2.1(c) to maximize the sale price that it receives for such excess volume of Ethanol.
At least 30 days before the beginning of each calendar month during the Term (but not before the Effective Date), Producer will deliver to A-B a written estimate of its anticipated Corn requirements at the Facility for such calendar month (a "Monthly Estimate").
In the event of a conflict between the terms of this Agreement and the terms contained in a Specific Order, Monthly Estimate or any other purchase order or sales invoice, the terms of this Agreement shall control.
West Central will review all timely delivered Monthly Estimates and the Parties will mutually agree upon a Total Price (utilizing the method set out in Section 4.1) applicable to any Oil contemplated by a Monthly Estimate that is not covered by a Specific Order, which Total Price may be agreed at any time subsequent to the delivery of the Monthly Estimate and prior to the first of the month for which delivery of Oil is requested.
In the event of a conflict between the terms of this Agreement and the terms contained in a Blanket Order, Specific Order, Monthly Estimate or any other purchase order or sales invoice, the terms of this Agreement shall control.
For all Oil delivered to the Facility, REG will pay West Central a price per pound (the “Total Price”) equal to the total of: (a) the CBOT futures price for crude soy oil (symbol “BO”) as set upon mutual agreement of the Parties in the applicable Specific Order or Monthly Estimate for such Oil, as applicable, plus (b) the Provision Fee mutually determined by the Parties in accordance with Schedule 4.1 for such Oil.
For all Oil delivered to the Facility, Producer will pay Bunge a price per pound (the “Total Price”) equal to the total of: (a) the CBOT futures price set by the Parties (including in the applicable Specific Order or Monthly Estimate for such Oil), plus (b) the Provision Fee agreed pursuant to Schedule 4.1 for such Oil.