DISPOSITION OF PILOT PHA MATERIAL Sample Clauses

DISPOSITION OF PILOT PHA MATERIAL. During the Construction Phase, MBX will market and sell the Pilot PHA Material in the name of and on behalf of the Joint Sales Company and, during the Construction Phase, the proceeds of such sales will be distributed as set forth in this Section 4.4.3 rather than as set forth in the Operating Agreement. Proceeds from the sale of Pilot PHA Material will be distributed to the Parties on a pro rata basis to reimburse them for the Pilot Sourcing Costs with the remainder, if any, to be distributed to the Parties on a pro rata basis to reimburse them for their respective reasonable costs and expenses incurred in connection with marketing and sales activities carried out by them in furtherance of the Commercial Alliance and approved by the Steering Committee. After the Construction Phase, the Joint Sales Company will market and sell the Pilot PHA Material and the proceeds of sales of Pilot PHA Material will be distributed, if at all, in accordance with the terms and conditions set forth in the Operating Agreement.
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