Product Dedication Sample Clauses

Product Dedication. Subject to Section 2.2 through Section 2.4, during the Term, Producer exclusively dedicates and commits to deliver to Midstream Co under this Agreement, as and when produced, all of the Dedicated Production and agrees not to deliver any Dedicated Production to any other gatherer, purchaser, marketer, or other Person prior to delivery to Midstream Co at the Receipt Points.
AutoNDA by SimpleDocs
Product Dedication. Shipper commits to exclusively transport on the Carrier System, pursuant to the terms of this Agreement, all quantities of LPG which it owns or controls and which Shipper or its Affiliates (including TransMontaigne Partners L.P.) is required to deliver to the Delivery Point pursuant to the PMI Contract or to north eastern Mexico including, without limitation, the geographic region served by the Pipeline Assets or the Matamoros Terminal Site; provided, however, that neither Party shall be obligated by the foregoing to either build or pay for any additional facilities that are required to connect LPG sources or markets to Carrier’s System not connected thereto as of the Service Commencement Date nor increase the throughput capacity of the Carrier System. Should Shipper obtain a payment, penalty payment, or “take or pay” payment from PMI related to the PMI’s failure purchase the contractually required amount of LPG from Shipper, then any such payment recovered by Shipper shall be divided between Shipper and Carrier as both Parties shall mutually agree in good faith. If the Parties cannot agree upon a mutually acceptable division of such payment, then the matter shall be resolved pursuant to the procedures set out in Article 9 herein.
Product Dedication. During the Term, Producer dedicates, declares, pledges and commits (and has caused and shall cause its Affiliates to dedicate, declare, pledge and commit) to sell and deliver to Buyer, in accordance with the Buy-Sell Agreement, all of the Dedicated Production that is produced and saved and agrees not to sell, transfer or convey (and shall cause its Affiliates not to sell, transfer or convey) any of such Dedicated Production to any other Third Party gatherer, purchaser, marketer, or other Person prior to sale and delivery to Buyer at the Origin Points, in each case to the extent such delivery or sale would preclude Producer from complying with the Dedications hereunder. Beginning on the Effective Date and continuing during the Term, Producer shall not (and shall cause its Affiliates not to) enter into any agreement that would give Control over any Dedicated Production to any Person other than Buyer or its Affiliates, unless such Person acknowledges in writing that all such Dedicated Production and the related Dedicated Interests shall continue to be subject to the Buy-Sell Agreement and this Agreement for the remainder of the Term, except as provided in Article 6 and Section 2.4(f). Producer shall exercise reasonable efforts to continue to Control the Dedicated Production that is Controlled by Producer or its Affiliates (excluding the Chevron Group) as of the Effective Date or which may be subsequently Controlled by Producer or its Affiliates (including Chevron Group) during the Term (and shall cause its Affiliates to use reasonable efforts to continue to Control the Dedicated Production that is Controlled by such Affiliates as of the Effective Date (excluding the Chevron Group) or may be subsequently Controlled (including the Chevron Group) during the Term). Subject to the foregoing, Producer shall not (and shall cause its Affiliates not to) take any actions or make any omissions where the primary purpose or the primary result is to circumvent the Dedications made hereunder by delivering Dedicated Production to an Affiliate or a Third Party contrary to the terms herein.

Related to Product Dedication

  • Product The term “

  • Product Development SB shall have responsibility for, and control of, the development and commercialization of each Product arising from this Agreement, including process development, delivery system and formulation development, preclinical studies, clinical studies, sales and marketing.

  • Commercialization Intrexon shall have the right to develop and Commercialize the Reverted Products itself or with one or more Third Parties, and shall have the right, without obligation to Fibrocell, to take any such actions in connection with such activities as Intrexon (or its designee), at its discretion, deems appropriate.

  • Product Testing Upon request, Customer shall provide Operator a laboratory report for each Product delivery by Customer or Customer’s supplier. Operator will not be obligated to receive Contaminated Product for throughput through the Pipelines, nor will Operator be obligated to accept Product that fails to meet the applicable quality specifications for the Berths under the BAUTA and any Terminal Service Orders issued thereunder.

  • Licensed Products Lessee will obtain no title to Licensed Products which will at all times remain the property of the owner of the Licensed Products. A license from the owner may be required and it is Lessee's responsibility to obtain any required license before the use of the Licensed Products. Lessee agrees to treat the Licensed Products as confidential information of the owner, to observe all copyright restrictions, and not to reproduce or sell the Licensed Products.

  • Commercialization Diligence Upon receipt of the Marketing Authorization for a Licensed Product in the Field in a given Region in the Territory, Lian (directly, or through its Affiliates, Sublicensees or contractors) will use Commercially Reasonable Efforts to Commercialize such Licensed Product in the Field in such Region in the Territory. Lian will have sole decision-making authority and discretion with respect to Commercializing the Licensed Product in the Field in the Territory. [***].

  • Manufacturing Intrexon shall have the option and, in the event it so elects, shall use Diligent Efforts, to perform any manufacturing activities in connection with the Aquaculture Program that relate to the Intrexon Materials, including through the use of a suitable Third Party contract manufacturer. To the extent that Intrexon so elects, Intrexon may request that AquaBounty and Intrexon establish and execute a separate manufacturing and supply agreement, which agreement will establish and govern the production, quality assurance, and regulatory activities associated with manufacture of Intrexon Materials. Except as provided in Section 4.1, any manufacturing undertaken by Intrexon pursuant to the preceding sentence shall be performed in exchange for cash payments equal to Intrexon’s Fully Loaded Cost in connection with such manufacturing, on terms to be negotiated by the Parties in good faith. In the event that Intrexon does not manufacture Intrexon Materials or bulk quantities of other components of AquaBounty Products, then Intrexon shall provide to AquaBounty or a contract manufacturer selected by AquaBounty and approved by Intrexon (such approval not to be unreasonably withheld) all Information Controlled by Intrexon that is (a) related to the manufacturing of such Intrexon Materials or bulk qualities of other components of AquaBounty Products for use in the Field and (b) reasonably necessary to enable AquaBounty or such contract manufacturer (as appropriate) for the sole purpose of manufacturing such Intrexon Materials or bulk quantities of other components of AquaBounty Products. The costs and expenses incurred by Intrexon in carrying out such transfer shall be borne by Intrexon. Any manufacturing Information transferred hereunder to AquaBounty or its contract manufacturer shall not be further transferred to any Third Party, including any Product Sublicensee, or any AquaBounty Affiliate without the prior written consent of Intrexon; provided, however, that Intrexon shall not unreasonably withhold such consent if necessary to permit AquaBounty to switch manufacturers.

  • Licensed Product “Licensed Product” shall mean any article, composition, apparatus, substance, chemical material, method, process or service whose manufacture, use, or sale is covered or claimed by a Valid Claim within the Patent Rights. For clarity, a “Licensed Product” shall not include other product or material that (a) is used in combination with Licensed Product, and (b) does not constitute an article, composition, apparatus, substance, chemical material, method, process or service whose manufacture, use, or sale is covered or claimed by a Valid Claim within the Patent Rights.

  • Manufacture (a) Manufacturer shall only manufacture the specific number of Products as requested by Company and at no time shall manufacture excess goods or overruns. Manufacturer shall not sell any Products bearing the Trademarks to any third parties without the express written consent of Company.

  • Marketing 8.1 Fund or its designee shall periodically furnish Insurance Company with sales literature or other promotional materials for each Portfolio, in quantities as Insurance Company may reasonably request, for distribution to prospective purchasers of Contracts. Expenses for the printing and distribution of such documents shall be borne by Insurance Company.

Time is Money Join Law Insider Premium to draft better contracts faster.