Common use of Advisory Panel Clause in Contracts

Advisory Panel. An advisory panel consisting of approximately three (3) representatives, unless the parties otherwise mutually agree, from each party (the "Panel") shall be established as soon as reasonably practicable after commencement of the Initial Term. The Panel shall meet on a quarterly basis, unless otherwise agreed, to address issues relating to the origination and merchandising of the Toledo Grain; provided, however, that the parties shall strictly follow the Guidelines in all communications between representatives of the Panel.