Accelerating Event. In the event of the occurrence of an Accelerating Event, then all payments called for in Paragraph 3 (“Payments to REC Parties”) are due and payable at the start of substantial construction of the Ethanol Refinery, whether or not new cash equity ever came into Liberty.
Appears in 2 contracts
Sources: Settlement Agreement (Liberty Renewable Fuels LLC), Settlement Agreement (Liberty Renewable Fuels LLC)