Emerald Carve Outs Clause Samples

Emerald Carve Outs. Notwithstanding the provisions of Section 14.1(b), Village Farms acknowledges and agrees that: (a) Emerald is permitted to continue cultivation and distribution of Cannabis from its existing facilities at 4223 and ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and may cultivate and distribute Cannabis products from its proposed facility at 6980 No. 9 Road and 20100 Westminster Highway Richmond, British Columbia. Richmond, British Columbia and any additional indoor facility (expressly excluding any Greenhouse facility) if and when constructed; (b) Emerald will not be required to purchase any minimum amount of Cannabis produced by the Company and will be entitled to purchase Cannabis from third parties on such terms as it may see fit; and (c) [Redacted: Commercially Sensitive Information]