Examples of Start-up Period in a sentence
The Parties have agreed that the terms and conditions of this Agreement shall be applicable to and govern (a) the Initial Feedstock Fill Quantity, including Vitol’s supply thereof and BKRF’s purchase thereof, and (b) BKRF’s supply and Vitol’s purchase of any Product and associated Renewable Attributes produced by BKRF during the Start-Up Period through the use of all or a portion of the Initial Feedstock Fill Quantity.
During the commissioning and Start-Up Period phases of the Project, BKRF agrees that it will provide written notice (together with reasonable supporting documentation) to Vitol promptly upon (i) the initiation of the Start-Up Period (the “Start-Up Period Notice”), such Start-Up Period Notice to include confirmation of the anticipated Start Date, and (ii) the actual Start Date (the “Start Date Notice”).
At such time during the Start-Up Period as commercial quantities of the Product are being produced, the Parties agree to implement the provisions of each of Section 3.2 and Section 4.2 relative to Feedstock and Product forecasting.