Reactor Skid Unit definition

Reactor Skid Unit or “Unit”) anywhere in the World, except within the territory of Japan (the “Licensed Territory”); and
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Reactor Skid Unit or “Unit” means each processing unit or facility designed and constructed in accordance with and utilizing Licensor’s proprietary Green D Plus Nano Cavitation Reactor Skid System, consisting of certain equipment, piping, instrumentation and other components (including one or more Nano-Cavitation Reactors) designed, fabricated and constructed in accordance with the Product Design Package, whether constructed for demonstration or commercialization purposes, which uses a hydrodynamic flow-through nano cavitation technology in making, generating or aiding in the production of degummed vegetable oils.
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Examples of Reactor Skid Unit in a sentence

  • No right of lease, license or sublicense of the user rights granted herein is authorized except in conjunction with the operation of the Reactor Skid Unit.

  • Risk of loss of the Reactor Skid Unit will pass to Site User upon the date of delivery to Site User.

  • Licensee shall submit a separate Confirmed Order for each Reactor Skid Unit.

  • Site User will maintain the Reactor Skid Unit, at its expense, in good working order, repair, condition and appearance, and will protect the Reactor Skid Unit from deterioration, other than normal wear and tear from operations, and from damage, loss or destruction.

  • Each Reactor Skid Unit (including component parts to be incorporated into the Unit) shall be maintained and stored in secure facilities until the Unit is delivered and installed at the Site Location designated in the Site User License.

  • Upon delivery and installation of each Reactor Skid Unit at the Site Location and prior to any testing or start-up of such Unit, Licensee and Site User shall examine the Unit to determine its physical condition and operational status, and its conformity to the Licensor’s Process Design Package, and shall conduct such testing of the Unit as shall be required to determine that it is operational and functional.

  • Licensee shall not issue any press release or other public announcement or statement with respect to the existence or terms of this Agreement or any Site User License, or as to any Reactor Skid Unit, without Licensor’s prior approval.

  • Prior to initiating a performance test on any Reactor Skid Unit, Licensee shall notify Licensor of a scheduled performance test with respect to a Unit at least ten (10) days before the test is conducted in order to give Licensor an opportunity to arrange for one or more representatives to conduct such test.

  • In such event, DBG will, if requested by Site User and at Site User’s cost, obtain and install a replacement Reactor Skid Unit or other component for the Unit.

  • If the Reactor Skid Unit or the Reactor is lost, stolen or damaged, Site User will promptly notify DBG.