Additional Plants. Subject to the confirmation of the existence of further market potential in the Field and the Use Territory and the availability of supply of fermentable sugars, the Parties contemplate approving construction of one or more additional Plant(s), funded in their entirety by the JV Companies or by such other funding mechanism as agreed amongst BGI, Solazyme, Inc. and the JV Companies and in accordance with Section 6.5, with annual rated capacity to be determined based upon market potential, availability of supply of fermentable sugars and other relevant commercial factors. BGI will cause a member of the Bunge Group to consider supplying additional Feedstock of up to 900,000 MT/yr of fermentable sugar from sugar cane if the business case supports such expansion and the JV Companies build an additional Plant or Plants adjacent to one or more Bunge Group ▇▇▇▇▇, upon terms and conditions as may be mutually agreed.
Appears in 2 contracts
Sources: Joint Venture Agreement, Joint Venture Agreement (Solazyme Inc)