Below 60% TVP Products Sample Clauses

Below 60% TVP Products. (i) [**] ADM will have the non-exclusive rights to Process in the Territory BH Soybeans into Below 60% TVP Products and to Commercialize resulting Products in the Field in the Territory as part of such transition. For the avoidance of doubt, any such Below 60% TVP Products Processed from BH Soybeans (and [**] if applicable) shall be included in ADM’s obligation to pay the applicable Back End Value Share Payments. (ii) [**] In the event that ADM expands or desires to expand its capacity for Processing volume of Below 60% TVP Products beyond what ADM can procure from its own White Flake production capacity existing as of the Effective Date to support such expansion, BH will have the right of first refusal to supply ADM the White Flake needed to support this expanded capacity at a reasonable market rate. (iii) Except as set forth in this Section 3.3(b), BH does not have any obligations under this Agreement with respect to Below 60% TVP Products.
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Related to Below 60% TVP Products

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