Demonstration Phase Sample Clauses

Demonstration Phase. The objective of the second stage of the Joint Development Program is to demonstrate the ability to manufacture Polymer-grade Bio-BDO at the projected commercial scale in the 13,000 liter fermenter by the Bioprocess selected in the Investigative Phase (the “Demonstration Phase”). The principal tasks in the Demonstration Phase shall consist of those matters set forth in the Development Plan.

Demonstration Phase. (a) Upon completion of the Investigative Phase, Genomatica may elect to initiate the Demonstration Phase and commence activities under the 7. ***Confidential Treatment Requested Demonstration Plan by providing written notice to T&L. During the Demonstration Phase, the responsibility of the Parties for costs and expenses will be as set forth in the Services Agreement (DP). Without the approval of the JDC, neither Party will incur any capital expenditures in the performance of the Demonstration Phase except as expressly set forth in the Development Plan; provided that a Party may incur capital expenditures not set forth in the Development Plan at its own expense, subject to reimbursement as may be set forth in the Commercialization Agreement if T&L and Genomatica enter into the Commercialization Agreement. (b) Genomatica will bear all expenses it incurs in connection with performance of the Demonstration Phase unless and until T&L and Genomatica enter into a Commercialization Agreement, in which event T&L will reimburse Genomatica for expenses as set forth in the Commercialization Agreement. The JDC will determine whether the technical and commercial key performance indexes for the Demonstration Phase as set forth in the Development Plan (the “Commercialization KPIs”) have been satisfied. The Demonstration Phase will continue until the date that the principal tasks in the Demonstration Phase (and any other tasks reasonably determined by Genomatica) have been completed, whether or not the Commercialization KPIs have been satisfied.

Demonstration Phase. Subject to the provisions of Section 8 herein, the Demonstration Phase will be conducted in a controlled laboratory setting, which shall commence on the Effective Date. To the extent possible, the laboratory setting shall simulate the environments in which the Enhanced ATM will be used by the public. During the Demonstration Phase, Xxxxx Fargo will work with each of its principal ATM vendors to develop and test an Enhanced ATM for use in the Xxxxx Fargo Express ATM environment. During the Demonstration Phase, and subject to the provisions of Section 8 herein, Xxxxx Fargo personnel will meet with representatives of Claimants, Council, and Counsel (up to a total of seven (7) participating individuals and Counsel at any one meeting) at least every sixty (60) days to demonstrate and report on the progress of this effort and to elicit input regarding the operation, usability and flow of the Enhanced ATM.

Demonstration Phase. (a) Upon completion of the Investigative Phase, Genomatica may elect to initiate the Demonstration Phase and commence activities under the

Demonstration Phase