Initial Plant definition

Initial Plant has the meaning set forth in Section 3.1.
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Initial Plant means the first Polysilicon plant to be erected by JVCo in Jubail Industrial City with an expected production capacity of a total of *** metric tons (MT) per year.
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Initial Plant means the Plant to be constructed by the Company in accordance with this Agreement.
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Examples of Initial Plant in a sentence

  • Seller agrees that if, based on the Initial Plant Capacity Test, the result of the Initial Plant Capacity Test (as adjusted by the AEP Adjustment Factor) shall have failed to equal or exceed the Minimum Guaranteed Plant Capacity, Seller shall pay an amount equal to the Initial Plant Capacity Liquidated Damages to Purchaser upon Project Substantial Completion.

  • The Initial Plant shall have an annual rated capacity to produce at least 100,000 MT of triglyceride oil, from approximately 300,000 MT of fermentable sugars from sugar cane.

  • The estimated Commercial Operation Date for the Initial Plant is January 1, 2010 with an estimated annual production capacity of *** metric tons (MT).

  • After negotiation, the Parties have agreed that the Delay Liquidated Damages, Initial Plant Capacity Liquidated Damages, Final Plant Capacity Liquidated Damages, Initial Plant Reliability Liquidated Damages, and Final Plant Reliability Liquidated Damages are in the nature of liquidated damages and are a reasonable and appropriate measure of the damages that Purchaser would incur as a result of such delays or failures, and do not represent a penalty.

  • SB Oils shall seek Third Party financing that may be secured against SB Oils’ non-Technology assets in order to fund a portion of the costs of construction of the Initial Plant.

  • If Mechanical Completion of the Initial Plant has not been accomplished by * due to an act or omission of a member of the Bunge Group, then within forty-five (45) days of *, Solazyme, Inc.

  • The Company, SB Oils and the other Parties, as appropriate, shall work together to duly obtain the approval of the electricity company securing the power supply necessary for the Initial Plant to operate, if necessary.

  • BGI agrees that the Bunge Group shall provide certain inputs to the Joint Venture, pursuant to the Utility Supply Agreement and the Lease, including, but not limited to: (i) the plot of Land where the Initial Plant will be located, as described in Section 7.5, (ii) water and steam; (iii) electricity, (iv) treatment of effluents, and (v) certain administrative services in relation to the operation of the Company (as provided in Section 7.1(b)).

  • Subject to the terms and conditions of this Agreement, the Parties shall cause the Company to fund SB Oils to build the Initial Plant.

  • Preamble Solazyme Brazil Preamble Solazyme Group Preamble Company Preamble SB Oils Preamble JV Companies Preamble SBO Holdco Preamble Initial Plant Recitals Joint Venture Recitals Party 1.2 Dollar 1.2 Reais 1.2 * Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission.


More Definitions of Initial Plant

Initial Plant means any plant, vehicles and/or equipment that the parties have, as at the Commencement Date, agreed to hire, in accordance with these Conditions.
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Initial Plant means a 200 MMcf per day cryogenic natural gas processing plant owned by the JV and located within the AMI.
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Initial Plant means the first Plant developed by the Licensee as described in Section 3.1.
Sample 1
Initial Plant means the planting of an area where no tree seedlings exist.
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Initial Plant means the first Plant built by DSM using the MCI Technology in whole or in part.
Sample 1

Related to Initial Plant

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • Project area budget means a multiyear projection of annual or cumulative

  • Commissioning Period means, with respect to each Subproject, the period commencing upon the first delivery of Feed Gas to the Subproject in accordance with Sections 4.8 and 11.1 of the Agreement continuing through achievement of RFSU, commissioning, Start Up, Performance Testing and achievement of Substantial Completion for such Subproject.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Project Improvements means site improvements and facilities that are:

  • generating plant means the generating facility described in Schedule 1 as amended from time to time;

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Redevelopment project means any work or undertaking

  • Phase 1 means the first implementation phase of this section, beginning June 1, 2018 and ending May 31, 2022.

  • Phase III means Phase I (or Phase I/II), Phase II (or Phase II/III) and Phase III clinical trials, respectively, in each case as prescribed by applicable FDA IND Regulations, or any corresponding foreign statutes, rules or regulations.

  • Commissioning Date means that date when construction of the contemplated Project is complete, and the Maintenance Term commences;

  • Project area plan means a written plan that, after the plan's effective date, guides and controls the development within a project area.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Project Area means THE AREA WHERE WORK IS BEING PERFORMED FOR THE CITY OF SUFFOLK, VIRGINIA.

  • Commissioning means the process for determining the need for and for obtaining the supply of healthcare and related services by the Trust within available resources.

  • Project Work means the work required to complete the Project.

  • Proposed Project SCHEDULE: (edit schedule below as appropriate) Project Event Completion Date Pre-bid Meeting Questions Due Proposals Due Begin Work Programming Phase Permitting Phase Schematic Design Phase Design Development Phase Construction Documents Phase Bidding or Negotiation Phase Construction Administration 1-Year Warranty

  • Commercial plan means a subcontracting plan (including goals) that covers the offeror’s fiscal year and that applies to the entire production of commercial items sold by either the entire company or a portion thereof (e.g., division, plant, or product line).

  • Project Water means water made available for delivery to the contractors by project conservation facilities and the transportation facilities included in the System.

  • Development Area means that area to which a development plan is applicable.

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Tenant Improvements Defined in Exhibit B, if any.

  • Constructional Plant means all appliances or things whatever nature required in or about the execution, completion or maintenance of the works or temporary works (as hereinafter defined) but does not include materials or other things intended to form or forming part of the permanent work or temporary housing, hutting, office, stores, etc.,

  • Qualified project means the construction or expansion of any capital project of the Borrower or any of its Restricted Subsidiaries, the aggregate actual or budgeted capital cost of which (in each case, including capital costs expended by the Borrower or any such Restricted Subsidiaries prior to the construction or expansion of such project) exceeds $50,000,000.