Common use of Biomas Supply Clause in Contracts

Biomas Supply. At the time that an Agreement allowing the Licensee to produce the Product as allowed by the terms and conditions stated in this Agreement the formulae and processes for the production of the raw material "Biomas" will be placed with an escrow agent acceptable to both Licensee and Grantor. If Grantor is not able to supply Biomas in quantities sufficient to meet Licensee needs for production of Product, and the non-supply condition continues for a period of 90 (ninety) days, then Licensee will be allowed to produce Biomas in accordance with a non-exclusive License to Produce to be issued by Grantor in accordance with the License form deposited with the formulae and processes with the approved escrow agent.