Common use of Feedstock Clause in Contracts

Feedstock. Title, possession and risk of loss of any or all Feedstock accepted by Fulcrum for use at the Facility (including any non-conforming material which Fulcrum chooses to accept for processing) shall pass from Supplier to Fulcrum, and delivery shall be completed, when such Feedstock is unloaded from the delivery vehicle at the Delivery Point, subject to Sections 2.6 and 2.8. If Fulcrum is in possession of Rejected Materials, title and risk of loss to such Rejected Materials shall not pass to Fulcrum at the Delivery Point but shall at all times remain with Supplier, and Supplier shall be solely responsible for the handling, loading, transportation and disposal of such Rejected Materials following identification and segregation by Fulcrum. Such Rejected Materials shall be returned to Supplier at the Facility, unless Supplier and Fulcrum agree otherwise. Supplier shall reimburse Fulcrum (within forty-five (45) Days after receipt of an invoice) for Fulcrum’s reasonable costs and expenses relating to the handling of (and, if any, the loading, transportation and disposal of) any Rejected Materials (but not including any costs associated with the front-end sorting/shredding systems operated by Fulcrum).

Appears in 3 contracts

Sources: Feedstock Supply Agreement (Fulcrum Bioenergy Inc), Feedstock Supply Agreement (Fulcrum Bioenergy Inc), Feedstock Supply Agreement (Fulcrum Bioenergy Inc)