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05/21/2013 (3)
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05/21/2013 (3)
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Last modified
6/26/2018 1:56:51 PM
Creation date
3/23/2016 8:57:32 AM
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Template:
Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
05/21/2013
Meeting Body
Board of County Commissioners
Book and Page
87
Supplemental fields
FilePath
H:\Indian River\Network Files\SL00000E\S0004N9.tif
SmeadsoftID
14214
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FIFTH AMENDMENT TO <br /> FEEDSTOCK SUPPLY AGREEMENT <br /> THIS FIFTH AMENDMENT TO FEEDSTOCK SUPPLY AGREEMENT ("Fifth <br /> Amendment") is entered into as of this _day of May, 2013, by and between the Indian River <br /> County Solid Waste Disposal District ("District"), a dependant special district of Indian River <br /> County, Florida ("District"), and INEOS New Planet BioEnergy, LLC ("INEOS"), a Delaware <br /> limited liability company. (Capitalized terms that are used but not defined in this Fifth <br /> Amendment shall have the meaning set forth in the Parties' Feedstock Supply Agreement, the <br /> First Amendment, Second Amendment, Third Amendment or the Fourth Amendment, as <br /> described below). <br /> WITNESSETH: <br /> WHEREAS, on July 15, 2011, the Parties entered into the Feedstock Supply Agreement <br /> ("Feedstock Agreement"), which was subsequently amended by the First Amendment to <br /> Feedstock Supply Agreement, dated March 13, 2012 ("First Amendment"), by the Second <br /> Amendment to Feedstock Supply Agreement Concerning Cash Deposit and Escrow Agreement <br /> of Section 7.4, dated April 25, 2012 ("Second Amendment"), by the Third Amendment to <br /> Feedstock Supply Agreement, dated November 13, 2012 ("Third Amendment"); and by the <br /> Fourth Amendment to Feedstock Supply Agreement, dated March 19, 2013 ("Fourth <br /> Amendment'D; and <br /> WHEREAS, in section 4 of the First Amendment, the District granted to INEOS a <br /> temporary license to occupy and use the District's Vegetative Waste Management Area for a <br /> period of time ending, at the latest, on March 13, 2013, which date was extended in the Fourth <br /> Amendment to May 31, 2013, and which date the Parties desire to extend in this Fifth <br /> Amendment to August 31,2013 for Storage Purposes Only; and <br /> NOW, THEREFORE, in consideration of the mutual terms and promises stated herein, <br /> and other good and valuable consideration, the receipt and sufficiency of which is hereby <br /> acknowledged,the District and INEOS agree as follows: <br /> 1. Recitals. The foregoing recitals are true and correct, and incorporated as if fully <br /> restated herein. <br /> 2. Amendment of Section 4 of the First Amendment. The first sentence of section <br /> 4 of the First Amendment is hereby deleted in its entirety and replaced with the following <br /> language: "The District hereby grants a temporary license to INEOS to occupy and use the <br /> District's Vegetative management Area for storage of various stages of vegetative materials and <br /> wood chips." The third sentence of section 4 of the First Amendment is hereby deleted in its <br /> entirety and replaced with the following language: "The term of this license shall terminate on <br /> August 31, 2013,unless the license is terminated sooner as a result of a Parry's failure to comply <br /> with the requirements herein." This amendment shall supersede section 2 of the Fourth <br /> Amendment. <br /> 1 <br /> CDocummu mld SetingsVmehmV,acd SemngsTmpormylnrernn FiiesOLK70�dsrock Agmn-Srh Ammdment.dor <br /> 105 <br />
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