MARKETABLE PRODUCTS definition

MARKETABLE PRODUCTS means finished hydrocarbon fuels, hydrocarbons consumed as fuel, or fuel blending stocks including, but not limited to, diesel, kerosene, gasoline, and naphtha processed from Synthetic Product and expressly excluding waxes, chemicals, Lubricants, or any other specialty hydrocarbon products and subject to the express condition that Marketable Products shall be produced from Synthetic Product at the Licensed Plant or produced from Synthetic Product at a separate facility operated by the Licensee, its Affiliates, or third Persons who are contractually committed to Licensee or its Affiliate to produce only Marketable Products from such Synthetic Product. Notwithstanding the foregoing, Marketable Products shall be deemed to include any products: (a) produced at any location by any Person from a blended stream of Synthetic Product and at least 15% by volume of produced crude oil or condensate, in which the Synthetic Product, before any blending, (i) remains a liquid at sixty degrees Fahrenheit (60DEG.F) and one (1) atmosphere pressure or, (ii) has a chemical composition consisting of molecules having at least 85% by volume of which contain no more than 20 carbon atoms each and no more than 1% by volume of which contains more than 40 carbon atoms each; or (b) produced at any location by any Person from a blended stream of Synthetic Product and at least 40% by volume produced crude oil or condensate such that after blending the mixture is a transportable liquid, expressly excluding slurries; or (c) produced by blending individual fractions distilled from Synthetic Product with at least 50% by volume of like distilled fractions from produced crude oil or condensate, in which each distilled fraction from Synthetic Product, before any blending, has a chemical composition consisting of molecules having at least 85 % by volume of which contain no more than 20 carbon atoms each and no more than 1% by volume of which contains more than 40 carbon atoms each, wherein the blending is performed at any location by the Licensee, its Affiliates, or third Persons who are contractually committed to Licensee or its Affiliate to produce only Marketable Products from such Synthetic Product. Notwithstanding the above language in this SECTION 1.25 hydrocarbons consumed as fuel by Licensee or its Affiliates at locations which satisfy the conditions of this SECTION 1.25 are Marketable Products, regardless of whether or not they happen to be waxes, chemicals, Lubricants, or any other spe...
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MARKETABLE PRODUCTS means finished hydrocarbon fuels, hydrocarbons consumed as fuel, or fuel blending stocks including, but not limited to, diesel, kerosene, gasoline, and naphtha processed from Syncrude and expressly excluding waxes, chemicals, Lubricants, or any other specialty hydrocarbon products and subject to the express condition that Marketable Products shall be: (a) produced from Syncrude at the Licensed Plant; or (b) produced from Syncrude at a separate facility by the Licensee, its Affiliates, or third Persons who are contractually committed to Licensee or its Affiliate to produce only Marketable Products from such Syncrude; or (c) produced at any location from a blended stream of Syncrude and at least 15 vol % produced crude oil or condensate, in which the Syncrude, before any blending, (i) remains a liquid at sixty degrees Fahrenheit (60DEG.F) and one (1) atmosphere pressure or, (ii) has a chemical composition consisting of molecules having at least 85 vol % of which contain no more than 20 carbon atoms each and no more than 1 vol % of which contains more than 40 carbon atoms each; or (d) produced at any location from a blended stream of Syncrude and at least 40 vol % produced crude oil or condensate such that after blending the mixture is a transportable liquid, expressly excluding slurries. Notwithstanding the above language in this Section 1.26, hydrocarbons consumed as fuel by Licensee or its Affiliates at locations which satisfy (a) or (b) above are Marketable Products, regardless of whether or not they happen to be waxes, chemicals, Lubricants, or any other specialty hydrocarbon products.
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MARKETABLE PRODUCTS means Products that can be readily manufactured for a price of $75.00 (USD) or less, FOB Boston, in quantity sufficient (but not excessive) to allow Sales permitting WMS to reach the royalty minimums set forth herein;
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Examples of MARKETABLE PRODUCTS in a sentence

  • OUR PRODUCT DEVELOPMENT EFFORTS MAY NOT YIELD MARKETABLE PRODUCTS DUE TO RESULTS OF STUDIES OR TRIALS, FAILURE TO ACHIEVE REGULATORY APPROVALS OR MARKET ACCEPTANCE, PROPRIETARY RIGHTS OF OTHERS OR MANUFACTURING ISSUES.

  • MARKETABLE PRODUCTS WOULD BE SOLD TO VARIOUS METALLURGICAL PROCESSING FACILITIES FOR SUBSEQUENT METAL RECOVERY.

  • MARKETABLE PRODUCTS WOULD BE SOLD TO VARIOUS METALLURGICAL PROCESSING FACILITIES FOR SUBSEQUENT METAL RECOVERY.THE FLUE DUST WOULD BE TREATED IN ACCORDANCE WITH 40 CFR SUB-PART X, AS INCORPORATED INTO ARM S16.44.702, STANDARDS FOR A TREATMENT UNIT.

  • PRODUCT DEVELOPMENT EFFORTS MAY NOT YIELD MARKETABLE PRODUCTS DUE TO RESULTS OF STUDIES OR TRIALS, FAILURE TO ACHIEVE REGULATORY APPROVALS OR MARKET ACCEPTANCE, PROPRIETARY RIGHTS OF OTHERS OR MANUFACTURING ISSUES.

  • Flammable liquid, Category 3 Flammable liquid and vapour.Acute toxicity (dermal), Category 5 May be harmful in contact with skinAcute toxicity (inhalation), Category 4 Harmful if inhaled.Skin irritation, Category 2 Causes skin irritation.Eye irritation, Category 2A Causes serious eye irritation.Skin Sensitisation, Category 1 May cause an allergic skin reaction.

  • IF THEY ARE NOT, WE WILL BE UNABLE TO CREATE MARKETABLE PRODUCTS, AND WE MAY HAVE TO CEASE OPERATIONS.


More Definitions of MARKETABLE PRODUCTS

MARKETABLE PRODUCTS means products or by‐products resulting from the processing of Organic Waste at the Facility that are recovered and sold for use or reuse in a beneficial manner, andOrganics Processing Facility Page 17 includes Compost, fertilizer, or other soil amendments, but does not include Greenhouse Gas Credits. The preferred Marketable Product is Grade A Compost as specified by OMRR.
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MARKETABLE PRODUCTS means finished hydrocarbon fuels, hydrocarbons consumed as fuel, or fuel blending stocks including, but not limited to, diesel, kerosene, gasoline, and naphtha processed from Syncrude and expressly excluding waxes, chemicals, Lubricants, or any other specialty hydrocarbon products and subject to the express condition that Marketable Products shall be: (a) produced from Syncrude at the Licensed Plant; or (b) produced from Syncrude at a separate facility operated by the Licensee, its Affiliates, or third Persons who are contractually committed to Licensee or its Affiliate to produce only Marketable Products from such Syncrude; or (c) produced at any location by any Person from a blended stream of Syncrude and at least 15% by volume of produced crude oil or condensate, in which the Syncrude, before any blending, (i) remains a liquid at sixty degrees Fahrenheit (60DEG.F) and one (1) atmosphere pressure or, (ii) has a chemical composition consisting of molecules having at least 85% by volume of which contain no more than 20 carbon atoms each and no more than 1% by volume of which contains more than 40 carbon atoms each; or (d) produced at any location by one Person from a blended stream of Syncrude and at least 40% by volume produced crude oil or condensate such that after blending the mixture is a transportable liquid, expressly excluding slurries. Notwithstanding the above language in this SECTION 1.25, hydrocarbons consumed as fuel by Licensee or its Affiliates at locations which satisfy the conditions of SECTION 1.25 (a) or (b) above are Marketable Products, regardless of whether or not they happen to be waxes, chemicals, Lubricants, or any other specialty hydrocarbon products.
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Related to MARKETABLE PRODUCTS

  • Marketable Securities means securities meeting all of the following requirements: (i) the issuer thereof is then subject to the reporting requirements of Section 13 or Section 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and is then current in its filing of all required reports and other information under the Act and the Exchange Act; (ii) the class and series of shares or other security of the issuer that would be received by Holder in connection with the Acquisition were Holder to exercise this Warrant on or prior to the closing thereof is then traded in Trading Market, and (iii) following the closing of such Acquisition, Holder would not be restricted from publicly re-selling all of the issuer’s shares and/or other securities that would be received by Holder in such Acquisition were Holder to exercise or convert this Warrant in full on or prior to the closing of such Acquisition, except to the extent that any such restriction (x) arises solely under federal or state securities laws, rules or regulations, and (y) does not extend beyond six (6) months from the closing of such Acquisition.

  • Recyclable Product means the ability of a product and its packaging to be reused, reconditioned for use, or recycled through existing recycling collection programs.

  • Marketable Title means such ownership by Seller in the Assets that, subject to and except for the Permitted Encumbrances:

  • Marketable Security means any common stock, debt security or other security of a Person which is (or will, upon distribution thereof, be) listed on the NYSE, the American Stock Exchange, NASDAQ or any other national securities exchange registered under Section 6 of the Securities Exchange Act of 1934, as amended, or approved for quotation in any system of automated dissemination of quotations of securities prices in the United States or for which there is a recognized market maker or trading market.

  • Eligible Products collectively means certain Dell and Dell EMC hardware, software product(s) and services related to the Dell Technologies Client Solutions Group (“CSG”) and Infrastructure Solutions Group (“ISG”) lines of business in the product categories (each an “Eligible Product Category”). A detailed list of Eligible Products in each eligible Product Category may be found at: https://www.dellemc.com/resources/en-sg/auth/asset/quick-reference-

  • Excluded Products means the part(s) of the Products specified as such in the Lot Information and Conditions;

  • Assessable property means real property in a district area other than all of the following:

  • Adjustable Product Data means the Adjustable Product Data as specified in § 1 of the Product and Underlying Data.

  • Eligible Product means, instead of the definition in FAR 25.003—

  • Liquid Securities means securities that are publicly traded on the New York Stock Exchange, NYSE MKT, the Nasdaq Stock Market or any other regulated stock exchange in the United States, Canada, Europe or Australia (or any of their successors) and as to which the Company is not subject to any restrictions on sale or transfer (including any volume restrictions under Rule 144 under the Securities Act or any other restrictions imposed by the Securities Act) or as to which a registration statement under the Securities Act covering the resale thereof is in effect for as long as the securities are held; provided that securities meeting such requirements shall be treated as Liquid Securities from the date of receipt thereof until and only until the earlier of (a) the date on which such securities are sold or exchanged for cash or Cash Equivalents and (b) 180 days following the date of receipt of such securities. If such securities are not sold or exchanged for cash or Cash Equivalents within 180 days of receipt thereof, for purposes of determining whether the transaction pursuant to which the Company or a Restricted Subsidiary received the securities was in compliance with Section 4.12 , such securities shall be deemed not to have been Liquid Securities at any time.

  • Timber and wood-derived products means any product that contains wood or wood fibre, with the exception of "recycled" materials (see below). Such products range from solid wood to those where the manufacturing processes obscure the wood element (e.g. paper). Timber and wood-derived products supplied or used in performance of the Contract that have been recycled or reclaimed are referred to as "recycled" timber, which is defined below. Timber and wood-derived products supplied or used in performance of the Contract that are not recycled are referred to as "virgin" timber when the distinction needs to be made for clarity. Short-rotation coppice is exempt from the requirements for timber and wood-derived products and falls under agricultural regulation and supervision rather than forestry.

  • Seller Products means any and all products (including software and hardware) and any type of services of Seller and its Affiliates, in each case, that are sold or provided by, or on behalf of, Seller or any of its Affiliates, including any portions thereof, as well as any methods or processes employed by any of the foregoing.

  • Derivative Product means a written contract or agreement between the Authority and a Reciprocal Payor, which provides that the Authority’s obligations thereunder will be conditioned on the absence of (a) a failure by the Reciprocal Payor to make any payment required thereunder when due and payable, or (b) a default thereunder with respect to the financial status of the Reciprocal Payor; and:

  • Investment Grade Securities means:

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Environmentally preferable products means a product or service that has a lesser or reduced effect on human health and the environment when compared with competing products or services that serve the same purpose. Such products or services may include, but are not limited to, those which contain recycled content, minimize waste, conserve energy or water, and reduce the amount of toxics either disposed of or consumed.

  • Related Financial Product means any financial product which references directly or indirectly the Preference Shares.

  • Vehicle protection product means a vehicle protection device, system, or service that is:

  • Combination Products means COBI Combination Products, EVG Combination Products, TDF Combination Products, TAF Combination Products and Quad Product.

  • distributed ledger technology or ‘DLT’ means a technology that enables the operation and use of distributed ledgers;

  • Good and Defensible Title means title that is free from reasonable doubt to the end that a prudent person engaged in the business of purchasing and owning, developing, and operating producing oil and gas properties in the geographical areas in which they are located, with knowledge of all of the facts and their legal bearing, would be willing to accept the same acting reasonably.

  • Refined Products means gasoline, diesel fuel, jet fuel, asphalt and asphalt products, and other refined products of crude oil.

  • movable property means property of every description except immovable property;

  • Tobacco products means cigars, cigarettes, cheroots, stogies, periques, granulated, plug cut, crimp cut, ready rubbed, and other smoking tobacco, snuff, snuff flour, moist snuff, cavendish, ping and twist tobacco, fine-cut and other chewing tobaccos, shorts, refuse scraps, clippings, cuttings and sweepings of tobacco, and other kinds and forms of tobacco, prepared in such manner as to be suitable for chewing or smoking in a pipe or otherwise, or both for chewing and smoking.

  • Business Products means all products or services that have been or are currently sold, licensed, provided, supported, distributed or otherwise disposed of by the Business, including all products or services in development.

  • Excluded Country means one of the following countries from which Non-Medical Emergency Evacuations are not available such as Afghanistan Chechnya Democratic Republic of the Congo Iran Iraq Israel West Bank Israel Gaza Strip Ivory Coast Lebanon Libya North Korea Somalia Sudan Syria or any country subject to the administration and enforcement of U.S. economic embargoes and trade sanctions by the OFFICE OF FOREIGN ASSET CONTROLS (OFAC);