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Re: loanranger post# 127413

Saturday, 08/06/2011 11:17:56 PM

Saturday, August 06, 2011 11:17:56 PM

Post# of 312016

But the agreement itself doesn't confirm that "JBI gets ALL of RKT's plastic........"



Correct, the agreement does not state that JBI will get ALL RockTenn's plastic. But it does say that "RockTenn shall provide to JBI such Plastic Feedstock, including ragger tail, generated by the RockTenn Facilities as is available," and that "RockTenn shall provide all Plastic Feedstock to JBI at no cost."

The term "Plastic Feedstock," as I believe you correctly observed in another post, is defined as "plastics and ragger wire [generated] from the recycling of Old Corrugated Containers." Thus to the extent that such plastic is "available" at a RockTenn facility at which a JBI processor is present, RockTenn must provide such plastic to JBI (per clause 3.4.1).