Contract analysis
Clause-by-clause risk read on any document of the firm. Pick a contract, or open any document from a matter.
Contract analysis / request-for-admission.docx
request-for-admission.docx
High · 2
Medium · 0
Standard · 6
1. Each Request for Admission set forth below shall be answered separately and fully in w
1. Each Request for Admission set forth below shall be answered separately and fully in writing under oath, in accordance with Illinois Supreme Court Rule 216. Each response shall specifically admit or deny the matter stated, or set forth in detail the reasons why the answering party cannot truthfully admit or deny the matter.
2. If PBGC cannot truthfully admit or deny a particular Request for Admission in its enti
2. If PBGC cannot truthfully admit or deny a particular Request for Admission in its entirety, PBGC shall set forth in detail the reasons why it cannot truthfully do so and shall admit so much of the request as is true and deny so much of it as is untrue. If PBGC asserts a lack of knowledge or information sufficient to admit or deny a request, PBGC shall state that it has made a reasonable inquiry into the matter and
3. If PBGC objects to any Request for Admission, the objection shall be stated with speci
3. If PBGC objects to any Request for Admission, the objection shall be stated with specificity, and the grounds therefor shall be set forth. The assertion of an objection shall not relieve PBGC from the obligation to admit or deny the portions of any request to which no objection applies.
4. These Requests for Admission are continuing in nature pursuant to Illinois Supreme Cou
4. These Requests for Admission are continuing in nature pursuant to Illinois Supreme Court Rule 216. If, after serving responses to these requests, PBGC obtains or becomes aware of additional information or knowledge relevant to any request, PBGC is under a continuing duty to supplement its responses in a timely manner.
5. Unless otherwise specified, each request pertains to the period from March 15, 2019, t
5. Unless otherwise specified, each request pertains to the period from March 15, 2019, through the date of PBGC's responses to this Request for Admission. REQUESTS FOR ADMISSION
I. Requests Relating to the Off-Take Agreement (Nos. 1–8)
Standard
⚑ Commercial term
I. Requests Relating to the Off-Take Agreement (Nos. 1–8) REQUEST FOR ADMISSION NO. 1: Admit that the document attached hereto as Exhibit A is a true and correct copy of the Master Grain Purchase and Off-Take Agreement dated March 15, 2019, between Greenfield Agricultural Partners LLC, as Seller, and Prairie Basin Grain Co., as Buyer. REQUEST FOR ADMISSION NO. 2: Admit that PBGC, through its authorized representative
II. Requests Relating to the Musgrave Guaranty (Nos. 9–11)
High
⚑ Indemnity / guarantee obligation
II. Requests Relating to the Musgrave Guaranty (Nos. 9–11) REQUEST FOR ADMISSION NO. 9: Admit that the document attached hereto as Exhibit B is a true and correct copy of the limited personal guaranty executed by Darren K. Musgrave in his individual capacity, which limited personal guaranty constitutes Exhibit D to the Off-Take Agreement. REQUEST FOR ADMISSION NO. 10: Admit that Darren K. Musgrave executed the Musgra
III. Requests Relating to Invoice GAP-2021-3187 (Nos. 12–16)
Standard
⚑ Commercial term
III. Requests Relating to Invoice GAP-2021-3187 (Nos. 12–16) REQUEST FOR ADMISSION NO. 12: Admit that the document attached hereto as Exhibit C-1 is a true and correct copy of Invoice No. GAP-2021-3187, dated September 28, 2021, in the amount of Eight Hundred Ninety-Two Thousand Five Hundred Dollars ($892,500.00), issued by GAP to PBGC for the sale and Delivery of 150,000 bushels of #2 Yellow Corn at a price of Five
IV. Requests Relating to Invoice GAP-2021-3244 (Nos. 17–21)
Standard
⚑ Commercial term
IV. Requests Relating to Invoice GAP-2021-3244 (Nos. 17–21) REQUEST FOR ADMISSION NO. 17: Admit that the document attached hereto as Exhibit C-2 is a true and correct copy of Invoice No. GAP-2021-3244, dated October 15, 2021, in the amount of Nine Hundred Thirty-Six Thousand Seven Hundred Fifty Dollars ($936,750.00), issued by GAP to PBGC for the sale and Delivery of 75,000 bushels of #1 Yellow Soybeans at a price of
V. Requests Relating to Invoice GAP-2021-3301 (Nos. 22–26)
Standard
⚑ Commercial term
V. Requests Relating to Invoice GAP-2021-3301 (Nos. 22–26) REQUEST FOR ADMISSION NO. 22: Admit that the document attached hereto as Exhibit C-3 is a true and correct copy of Invoice No. GAP-2021-3301, dated November 12, 2021, in the amount of One Million Two Hundred Twenty-Four Thousand Dollars ($1,224,000.00), issued by GAP to PBGC for the sale and Delivery of 200,000 bushels of #2 Yellow Corn at a price of Six Doll
VI. Requests Relating to Invoice GAP-2021-3358 (Nos. 27–31)
Standard
⚑ Commercial term
VI. Requests Relating to Invoice GAP-2021-3358 (Nos. 27–31) REQUEST FOR ADMISSION NO. 27: Admit that the document attached hereto as Exhibit C-4 is a true and correct copy of Invoice No. GAP-2021-3358, dated December 8, 2021, in the amount of Seven Hundred Forty-One Thousand Six Hundred Dollars ($741,600.00), issued by GAP to PBGC for the sale and Delivery of 120,000 bushels of #2 Yellow Corn at a price of Six Dollar
VII. Requests Relating to Invoice GAP-2022-0042 (Nos. 32–36)
Standard
⚑ Commercial term
VII. Requests Relating to Invoice GAP-2022-0042 (Nos. 32–36) REQUEST FOR ADMISSION NO. 32: Admit that the document attached hereto as Exhibit C-5 is a true and correct copy of Invoice No. GAP-2022-0042, dated January 19, 2022, in the amount of One Million Seventy-Five Thousand Two Hundred Dollars ($1,075,200.00), issued by GAP to PBGC for the sale and Delivery of 80,000 bushels of #1 Yellow Soybeans at a price of Thi
VIII. Requests Relating to Total Amount Owed and Related Matters (Nos. 37–44)
High
⚑ Indemnity / guarantee obligation
VIII. Requests Relating to Total Amount Owed and Related Matters (Nos. 37–44) REQUEST FOR ADMISSION NO. 37: Admit that the total principal amount owed by PBGC to GAP under the five (5) Invoices identified above — Invoice Nos. GAP-2021-3187, GAP-2021-3244, GAP-2021-3301, GAP-2021-3358, and GAP-2022-0042 — is Four Million Eight Hundred Seventy Thousand Fifty Dollars ($4,870,050.00). REQUEST FOR ADMISSION NO. 38: Admit