Production Term definition

Production Term shall have the meaning set forth in Section 4.4.
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Production Term means (a) with respect to Phase I, the period commencing on the Commencement Date of Phase I and ending on the Commencement Date of Phase II or upon termination of this Agreement, whichever is sooner; and (b) with respect to Phase II, the period commencing on the Commencement Date of Phase II and ending upon termination of this Agreement.
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Production Term means the period commencing on the Commencement Date and terminating on the date of expiration or termination of this Agreement.
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Examples of Production Term in a sentence

  • No storage fees will be charged during the period starting 30 days prior to the Commencement Date and ending upon the expiration or termination of the Production Term.

  • During the Production Term for Phase I, CBSW will provide, in its Facility, a Production Suite, as further described in the third paragraph of Section 3 of Schedule 11.1 attached hereto, which Production Suite will be used exclusively for the manufacture of the Product.

  • Up to [***] times during any [***] period during the Production Term and upon not less than [***] prior written notice, CBSW will permit Client to inspect the parts of the Facility where the manufacture of the Product is carried out in order to assess CBSW's compliance with cGMP, and to discuss any related issues with CBSW's management personnel.

  • In addition, Client will supply to CBSW a cryogenic means for CBSW to store Cryopreserved Product at the Facility and CBSW will store such Cyropreserved Product during the Production Term up to the time specified for delivery in accordance with Section 6.3.

  • During the Production Term for Phase II CBSW will provide sufficient appropriately trained and supervised technicians to effect such manufacture.

  • During the Production Term for Phase II, either Party may initiate a period of declining production of Product, culminating in termination of this Agreement (the "Scale-Down Period"), by written notice to the other Party under the terms and conditions set forth in Schedule 3.5.1 attached hereto and hereby incorporated herein by reference.

  • In the event that CBSW continues to store such Remaining Client Property, Client will pay to CBSW a storage charge at CBSW's then-standard storage rates for the period beginning on the [***] day after the expiration or termination of the Production Term through the date that the storage terminates.

  • No storage fees will be charged during the period starting [***] days prior to a Commencement Date and ending upon the expiration or termination of the applicable Production Term.

  • During the Production Term, CBSW will maintain any licenses, permits and approvals necessary for the manufacture of the Product in the Facility.

  • During the Production Term for Phase II CBSW will manufacture, package, ship, handle quality assurance and quality control for Product, all as set forth in the Phase II Production Plan, and to deliver to Client, or at Client's direction, the quantities of Product ordered by Client, all in accordance with the terms and conditions set forth in this Agreement.


More Definitions of Production Term

Production Term means the time period specified in any Statement of Work during which Product will be manufactured.
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Production Term means the period commencing on Commercial Start-up and ending on the 50th anniversary of Commercial Start-up, subject to automatic extension for any extension of the term of the Partnership Agreement pursuant to Section 5.2 of the Partnership Agreement.
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Production Term means the period commencing on the date of payment of the First Advance and continuing thereafter until the applicable expiration date set forth in Sections 6.a, 6.b or 6.c., as extended pursuant to the provisions of Sections 6.d and/or 6.e.
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Production Term shall have the meaning set forth in Section 2.5.
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Related to Production Term

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Collaboration Term has the meaning set forth in Section 2.1(h).

  • Project Year means the twelve-month period beginning from the Effective Date and ending twelve months thereafter (the First Project Year), and any twelve-month period beginning at the end of the First Project Year, or the end of subsequent Project Years;

  • Production Area means that part of the animal feeding operation that includes the animal confinement area, the manure storage area, the raw materials storage area, and the waste containment areas. The animal confinement area includes, but is not limited to, open lots, housed lots, feedlots, confinement houses, stall barns, free stall barns, milkrooms, milking centers, egg washing or egg processing areas, areas used for the storage and disposal/treatment of mortalities, cowyards, barnyards, medication pens, walkers, animal walkways, and stables. The manure storage area includes, but is not limited to, lagoons, runoff ponds, storage sheds, stockpiles, under-house or pit storages, liquid impoundments, static piles, and composting piles. The raw materials storage area includes, but is not limited to, feed silos, and silage bunkers. The waste containment area includes, but is not limited to, settling basins and areas within berms and diversions which separate uncontaminated stormwater.

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Production Operations means all operations conducted for the purpose of producing Petroleum from the Development Area after the commencement of production from the Development Area including the operation and maintenance of all necessary facilities therefor.

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

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

  • Development Phase means the period before a vehicle type is type approved.

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • Development Work means any work carried out in relation to the physical construction of a mine;

  • License Term means the duration of a License as specified in the Order.

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • 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;

  • Commencement of Commercial Production means: (i) if a mill is located on the Property, the last day of a period of 40 consecutive days in which, for not less than 30 days, the mill processed ore from the Property at 60% of its rated concentrating capacity; or (ii) if a mill is not located on the Property, the last day of a period of 30 consecutive days during which ore has been shipped from the Property on a reasonably regular basis for the purpose of earning revenues, but any period of time during which ore or concentrate is shipped from the Property for testing purposes, or during which milling operations are undertaken as initial tune-up, shall not be taken into account in determining the date of Commencement of Commercial Production;

  • Billing Commencement Date means the earlier of:

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • The Works/Project means the works to be executed or done under this contract.

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

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.

  • Research Program Term has the meaning set forth in Section 2.2.

  • Program area means a general group of disciplines in which one or more degree programs,