Biodiesel Transaction Sample Clauses
The Biodiesel Transaction clause defines the terms and conditions governing the sale and purchase of biodiesel between parties. It typically outlines the specifications of the biodiesel to be delivered, the quantity, delivery schedule, and payment terms. For example, it may specify the required quality standards for the biodiesel, the method of delivery, and the timeline for payment upon receipt. This clause ensures that both buyer and seller have a clear understanding of their obligations, reducing the risk of disputes and facilitating smooth commercial transactions involving biodiesel products.
Biodiesel Transaction. Subject to the terms of this Agreement, Bunge will purchase Biodiesel from Producer for resale to purchasers, and Producer will sell to Bunge such Biodiesel produced at the Facility during the Term (as hereinafter defined) (the “Services”).