Renewable Diesel Project definition
Examples of Renewable Diesel Project in a sentence
Subject to Section 3.04 and Section 3.07, Borrower and the Renewable Diesel Project is in compliance with all Applicable Laws, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.
In addition, Borrower shall provide, with reasonable promptness, to Lenders any other information with respect to Borrower or the Renewable Diesel Project as is reasonably requested by ▇▇▇▇▇▇▇.
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”).
The Company shall, at the Company’s expense, submit an application for, obtain and maintain, the RFS Pathway registration for all Renewable Product produced by and supplied from the Renewable Diesel Project at the Refinery and such other approvals or authorizations that are necessary for the generation and the receipt of RINs associated with such Renewable Product.
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”).
The Company shall, at the Company’s expense, submit an application for, obtain and maintain, the RFS Pathway registration for the Renewable Diesel Project and other approvals or authorizations that are necessary for the generation of Q-RINs. The Company shall be responsible for any ongoing reporting associated with integrity and compliance of the RFS Pathway, including QAP costs and other third party verification costs.
Except as could not reasonably be expected to cause a Material Adverse Effect, Borrower shall operate, maintain and preserve or cause to be operated, maintained and preserved, the Renewable Diesel Project and the Site in accordance in all respects with the requirements of the Material Agreements and Organizational Documents to which it is a party and in compliance with Applicable Laws and Authorizations by Governmental Authorities and the terms of its insurance policies.
The Company shall, at the Company’s expense, obtain an RFS Pathway Registration with respect to the Renewable Diesel Project and the Company as producer such that all Renewable Product produced by and supplied from the Renewable Diesel Project are RIN-eligible.
Borrower shall operate and maintain the Renewable Diesel Project, or cause the same to be maintained and operated (ordinary wear and tear excepted), in a manner consistent in all material respects with this Agreement, each Material Agreement and Prudent Industry Practices, and make or cause to be made all repairs (structural and non-structural, extraordinary or ordinary) necessary to keep the Renewable Diesel Project in such condition.