Exhibit 1024(b) - GPCM Amendment



		

			 

		


		

			 

		




		
			Exhibit 10.24(b)
		

		
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			Macquarie Bank Limited
		

		
			ABN 46 008 583 542
		

		
			Commodities and Financial Markets
		

		
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			50 Martin PlaceTelephone(61 2) 8232 3333
		

		
			Sydney NSW 2000Facsimile(61 2) 8232 8341
		

		
			GPO Boc 4294Internet http://www.macquarie.com.au
		

		
			Sydney NSW 1164SWIFTMACQAU2S
		

		
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			June 18, 2019
		

		
			
		

		
			Green Plains Commodity Management LLC
		

		
			Attn: EVP of Risk
		

		
			1811 Aksarben Dr.
		

		
			Omaha, NE 68106
		

		
			Facsimile: (402) 952-4916
		

		
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			Amendment to Credit Facility 
		

		
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			Dear Sir/Madam,
		

		
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			Macquarie Bank Limited (“MBL”), Macquarie Futures USA LLC (“MFUSA”), and Green Plains Commodity Management LLC (“Borrower”) are parties to an agreement dated as of April 30, 2018 (as amended, restated or otherwise modified from time to time, the “Agreement”) pursuant to which MBL may, in its sole discretion, from time to time, provide a revolving credit facility to Borrower.  
		

		
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			WHEREAS, MBL, MFUSA and Borrower (the “Parties”) desire to amend the Agreement to increase the maximum credit facility amount. 
		

		
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			NOW THEREFORE, in consideration of the foregoing premises and the mutual covenants set forth herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:
		

		
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			Section III.A is amended by deleting “TWENTY MILLION United States Dollars (US$20,000,000.00)” and replacing it with “THIRTY MILLION United States Dollars (US$30,000,000.00)”;




		
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			Section III.B is amended by deleting “SEVEN MILLION FIVE HUNDRED THOUSAND United States Dollars (US$7,500,000.00)” and replacing it with “ELEVEN MILLION TWO HUNDRED FIFTY THOUSAND United States Dollars (US$11,250,000.00)”




		
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			Borrower represents and warrants that it is in compliance with all representations, warranties, covenants and requirements contained in the Agreement and the Customer Agreement as of the date of this Amendment.  Borrower acknowledges and ratifies the 
		

		 

 


		

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			Macquarie Bank Limited

		


		

			 

		




		existence of the security interest granted by Borrower in favor of MBL pursuant to the Agreement.  Except as expressly provided herein, all of the representations, warranties, terms, covenants, conditions and other provisions of the Agreement shall remain in full force and effect in accordance with their terms and are in all respects hereby ratified and confirmed.  The amendments set forth herein shall be limited precisely as provided for herein to the provisions expressly amended hereby and shall not be deemed to be an amendment of or modification of any other term or provision of the Agreement or of any transaction.  Capitalized terms used in this agreement and not otherwise defined herein will have the meaning given to them in the Agreement.
		

		
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			This Amendment shall be construed in accordance with and governed by the laws of the State of New York without reference to its choice of law doctrine.  Each party waives, to the fullest extent permitted by applicable law, any right it may have to a trial by jury in respect of any suit, action or proceeding relating to this agreement.  Each party irrevocably submits to the exclusive jurisdiction of the U.S. Federal and New York State courts located in the Borough of Manhattan in New York City, New York in connection with any action, suit or proceeding arising out of or related to this Amendment, and hereby waives the right to object to the venue of any such action, suit or proceeding in any such courts.  This agreement may be executed in a number of counterparts and all those counterparts taken together will constitute one and the same agreement.
		

		
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			[signature page follows]
		

		

		

		 


		

			Amendment to Credit Facility – Green Plains Commodity Management LLC

		


		

			 

		




 


		

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			Macquarie Bank Limited

		


		

			 

		




		
		

		
			Yours sincerely,
		

		
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			MACQUARIE BANK LIMITED
		

		
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						By:

					
					
						/s/ Robert Trevena

				
	
					
						Name:

					
					
						Robert Trevena

				
	
					
						Title:

					
					
						Division Director

				



		
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						By:

					
					
						/s/ Fiona Smith

				
	
					
						Name:

					
					
						Fiona Smith

				
	
					
						Title:

					
					
						Division Director

				



		
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			ACCEPTED AND AGREED:
		

		
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			Green Plains Commodity Management LLC
		

		
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						By:

					
					
						/s/ Phil Boggs

				
	
					
						Name:

					
					
						Phil Boggs

				
	
					
						Title:

					
					
						SVP Finance & Treasurer

				



		
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			ACCEPTED AND AGREED:
		

		
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			MACQUARIE FUTURES USA LLC
		

		
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						By:

					
					
						/s/ Ray Tubridy

				
	
					
						Name:

					
					
						Ray Tubridy

				
	
					
						Title:

					
					
						President

				



		
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						By:

					
					
						/s/ Michelle A. Crutchfield

				
	
					
						Name:

					
					
						Michelle A. Crutchfield

				
	
					
						Title:

					
					
						Senior Vice President

				



		
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			Amendment to Credit Facility – Green Plains Commodity Management LLC