Initial Plant definition

Initial Plant has the meaning set forth in Section 3.1.

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Initial Plant means the first Polysilicon plant to be erected by JVCo in Jubail Industrial City with an expected production capacity of a total of *** metric tons (MT) per year.

Initial Plant means the Plant to be constructed by the Company in accordance with this Agreement.

Examples of Initial Plant in a sentence

The day-to-day operations of the Initial Plant shall be responsibility of the Plant Manager, who, subject to Section 8.1.2, shall be nominated by BioAmber Lux.
Prior to the commencement of construction of the Initial Plant, the Company will have all Governmental Approvals set forth in Schedule 17.1.7, which are the Governmental Approvals necessary or required in connection with the ownership and use of its properties and assets and the operation of the Business (including the construction of the Initial Plant as contemplated hereby).
The Company’s principal place of business shall be ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ South, Sarnia, Ontario N7T 7M2 unless changed to a different location by mutual agreement of the Shareholders (it being understood that the foregoing address may change once the Initial Plant is built, as such address is the current address of the landlord of the site on which the Initial Plant will be built).
In addition, jointly with the owner of the Initial Plant Site, BioAmber has conducted a Phase II environmental assessment of the Initial Plant Site, a copy of which assessment has been made available to Mitsui.
The current owner of the Initial Plant Site conducted a Phase I environmental assessment of the Initial Plant Site in 2008, a copy of which assessment has been made available to Mitsui.
The scope of Services to be provided by GreenWay are set forth below and are divided into three phases: Phase I (Project Development), Phase II (Construction) and Phase III (Initial Plant Operations).
The budget and schedule for the construction of the Initial Plant is attached hereto as Schedule 3.3 (the “Construction Budget and Schedule”).
None of the BioAmber Parties has any reason to believe that any of the conditions to the financing contemplated by any such Government Finance Agreement will not be satisfied or that such financing will not be available to the Company on a timely basis to finance the construction of the Initial Plant as contemplated hereby.
The BioAmber Parties and Mitsui shall discuss in good faith the construction and operation of the Additional Plants, according to terms and conditions between them similar to those applicable to the Initial Plant or as such parties may otherwise agree.
It is the intent of the Shareholders to change the name of the Company to “BioAmber Sarnia Inc.” prior to commencing operations at the Initial Plant.

More Definitions of Initial Plant

Initial Plant means any plant, vehicles and/or equipment that the parties have, as at the Commencement Date, agreed to hire, in accordance with these Conditions.

Initial Plant means a 200 MMcf per day cryogenic natural gas processing plant owned by the JV and located within the AMI.

Initial Plant means the first Plant developed by the Licensee as described in Section 3.1.

Initial Plant means the first Plant built by DSM using the MCI Technology in whole or in part.

Initial Plant means the planting of an area where no tree seedlings exist.