Diesel Product definition

Diesel Product means one or more fermentation-produced isoprenoid(s) that may or may not be hydrogenated or hydroprocessed, which when blended with petroleum diesel, meet the ASTM D975 specification, the EN590 European standard or the equivalent of (or successor to) either such standard, in each case, for use as a diesel fuel.
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Diesel Product means the hydrocarbon liquid material exiting the bottoms of the product stripper and/or fractionator provided that the fractionator design review is ordered by LICENSEE and performed by HTI. EFFECTIVE DATE shall have the meaning given in the preamble. ENGINEERING AGREEMENT shall mean an engineering agreement for the supply by HTI to LICENSEE of the DESIGN PACKAGE and services for the LICENSED UNIT. The ENGINEERING AGREEMENT has been executed by and between LICENSEE and HTI. FINANCIAL CLOSE shall mean the closing of the purchase by LICENSEE or its AFFILIATE of the BAKERSFIELD REFINERY. FORCE MAJEURE shall have the meaning set forth in sub-clause 10.4. GUARANTEE FEED shall mean CHARGE STOCK fed to the LICENSED UNIT meeting the specifications set forth in clause 1.0 of Appendix IV to this AGREEMENT. HTAS shall have the meaning given in the preamble. HTAS CATALYSTS shall mean a catalyst or catalysts now or hereafter in commercial production by HTAS or HTI and selected by HTAS for use in the LICENSED UNIT. HTAS EQUIPMENT shall mean equipment of a design developed by HTAS and selected by HTAS for use in the LICENSED UNIT. HTAS LIABILITY CAP shall mean […***…]. HTAS PROCESSES shall mean:
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Diesel Product means one or more fermentation produced isoprenoid(s) that may or may not be hydrogenated or hydroprocessed, which when blended with petroleum diesel, meet the ASTM D975 specification, the EN590 European standard or the equivalent of either such standard, in each case, for use as a diesel fuel.
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Examples of Diesel Product in a sentence

  • The foregoing limitations in this Section 10 shall not limit or deprive TOTAL of any rights granted to TOTAL prior to execution of this First Amendment, or that may be granted to TOTAL under the Agreement with respect to (a) any Collaboration IP not made in connection with the Renewable Diesel Development Plan, or (b) with respect to any Product other than a Renewable Diesel Product.

  • Within thirty calendar days following the earlier of (i) the Project Completion Date and (ii) December 31, 2016 (the “Go Decision Date”), Total shall notify Amyris in writing whether it wishes to (x) make a No-Go Decision, which No-Go Decision shall have effects set forth in Section 2.2(a), (y) commence the Operational Phase (a “Go Decision”), or (z) make a No-Go Decision on the Farnesane Diesel Product and commence the Operational Phase with respect to the Farnesane Jet Product only (“Jet Go Decision”).

  • For a period of 90 days following the Renewable Diesel Project Completion Date, TOTAL shall have the option, exercisable in its sole discretion, to notify AMYRIS in writing that TOTAL does not wish to pursue the production or commercialization of the Renewable Diesel Product (such option, the “TOTAL Royalty Option”).

  • For a period of [*] following the Renewable Diesel Project Completion Date, TOTAL shall have the option, exercisable in its sole discretion, to notify AMYRIS in writing that TOTAL does not wish to pursue the production or commercialization of the Renewable Diesel Product (such option, the “TOTAL Royalty Option”).

  • To avoid unnecessary duplication of any activities conducted independently by the Parties with respect to Section 7.B.1(ii) above, the Parties agree to coordinate their activities relating to certification (per ASTM or EN or other applicable standards) of Farnesane Diesel Product.

  • If TOTAL wishes to use any AMYRIS Certification Materials to sell, as certified, a Farnesene Diesel Product for use in the Field in the Territory, then TOTAL shall notify AMYRIS and shall be obligated to reimburse AMYRIS for the documented amounts incurred by AMYRIS in generating the applicable AMYRIS Certification Materials after June 21, 2010.

  • During the term of the License, Amyris agrees not to commercialize, or grant a third party rights to commercialize, any isoprenoid or isoprenoid-derived compound for a Diesel Product or Jet Product.

  • In the case of a Jet Go Decision, the Farnesane Diesel Product shall then cease to be a Product for the purposes of the Agreement and shall cease to be a JV Product, but the Farnesane Jet Product shall continue to be a Product and a JV Product.

  • In the event that under the Master Agreement, TOTAL exercises No-Go Decision (including a Final No-Go Decision) for both JV Products, then concurrently (i) the Biofene Development Project shall terminate (if not already completed); and (ii) the Farnesane Diesel Product and the Farnesane Jet Product shall cease to be Products (and farnesene shall cease to be a Lead Compound for the Biofene Development Project) for the purposes of the Agreement.

  • Any documentation and intellectual property made or otherwise generated in connection with activities conducted in order to certify the Farnesane Diesel Product (“Diesel Certification Materials”) shall be solely owned by the Party developing such documentation and intellectual property.