Advanced Biofuel definition
Examples of Advanced Biofuel in a sentence
The Client agrees that the company shall be entitled to terminate this Client's Agreement if at any time the Client breaches, or if the company at any time reasonably suspects that the Client has breached, this warranty and undertaking.
The Company’s gasoline and diesel production as defined by the Renewable Fuel Standard from January 1, 2017 through and including June 30, 2017 was 107,867,802 and 57,985,873 respectively, which equates to a RINs Liability of 286,927 Cellulosic Biodiesel RINs (.173% and D code 3, 7), 2,769,756 of Biomass Based Diesel RINs (1.670% and D code 4), 890,634 of Advanced Biofuel RINs (.5370% and D Code 3, 4, 5, 7) and 13,799,026 of Renewable Fuel RINs (8.32% and D code 3,4,5,6, 7).
Seller agrees that it will hold in trust for the benefit of Buyer, and promptly forward to Buyer, any monies, checks or negotiable instruments received by Seller with respect to the Advanced Biofuel Payment Program after the Closing that relate to any period of time as of or after the Closing.
Seller will receive copies of all direct ship contracts and Advanced Biofuel RIN contracts.
Buyer agrees that it will hold in trust for the benefit of Seller, and promptly forward to Seller, any monies, checks or negotiable instruments received by Buyer with respect to the Advanced Biofuel Payment Program after the Closing that relate to any period of time prior to the Closing.
Seller will also assist with the satisfaction of any and all other requirements imposed by the Agency in connection with the transfer and assignment of such Advanced Biofuel Payment Program rights to Buyer.
Seller further agrees to use its best efforts to facilitate the transfer of such Advanced Biofuel Payment Program rights, including, but not limited to, providing written consent to the Agency immediately upon Closing to allow Buyer to succeed to the Advanced Biofuel Payment Program contract between Seller and the Agency.
DfT have also provided previous grant funding to industry projects via the £25 million Advanced Biofuel Demonstration Competition (ABDC), the £20 million Future Fuels for Flight and Freight Competition (F4C), the £15 million Green Fuels, Green Skies (GFGS) Competition and the £165 million Advanced Fuels Fund.