Term; Option to Extend. This Agreement will remain in effect until ACG Processes three million tons of Sand for GFES. GFES has the option to extend this Agreement for two additional three million tons of Processed Sand once ACG Processes the initial three million tons of Sand for GFES. GFES must make such election in writing to ACG on or before GFES’ consumption of 2.6 million tons of Sand.
Appears in 2 contracts
Sources: Sand Mining and Refining Agreement (Hub City Tools, Inc.), Sand Mining and Refining Agreement (Green Field Energy Services, Inc.)