Future Production Clause Samples

Future Production. Both parties agree to discuss in good faith a commercial take off agreement for the delivery of polymetallic concentrates (Cu/Au, Pb/Ag and Zn) to begin to be shipped in June 2011, once the production is stabilized and the seller declared the commercial production for each concentrate, copper, zinc and lead. The discussion should be done during june 2011 by both parties in order to establish a mutual agreement in good faith for the terms and conditions for the next period. International Market Terms from the main mining and smelter companies in the world will be taken into consideration to determine the terms and conditions of the take off agreement. The previous one will be subject to a satisfactory agreement to both parties.

Future Production. While the Seller has the right to look at opportunities for selling the concentrates to other parties after the termination of this Contract, both parties agree to discuss in good faith a commercial off take agreement for year 2018 and beyond.

Future Production. While the Seller has the right to look at opportunities for selling the concentrates to other parties after the termination of this Contract, both parties agree to discuss in good faith a commercial off take agreement for the delivery of polymetallic concentrates (Cu/Au, Pb/Ag and Zn) to be shipped in 2015., In the event the Buyer does not declare the option to extend the delivery of the concentrate to March 31, 2015 then the discussion should be done during the last quarter of 2014, in order to establish a mutual agreement in good faith for the terms and conditions for the next period. However if the Buyer does declare to extend this Contract until March 31, 2015, then the parties will conduct discussions during the first quarter of 2015.

Future Production. Except as set forth in Section 2.22 of the Edge Schedule, Edge is not obligated, by virtue of a prepayment arrangement, make-up right under a production sales contract containing a “take or pay” or similar provision, production payment or any other arrangement, to deliver hydrocarbons having a value in excess of $500,000 attributable to the Edge Properties at some future time without then or thereafter receiving full payment therefor. No Edge Property is subject to an allowable penalty under applicable laws, rules or regulations that would prevent any well on such property from being entitled to its full legal and regular allowable from and after the Closing Date, the effect of which would be to materially reduce the projected production from such property as set out in the Edge Reserve Reports.

Future Production. Except as set forth in Disclosure Schedule 3.14, neither SEP I nor its subsidiaries is obligated, by virtue of a prepayment arrangement, make-up right under a production sales contract containing a “take or pay” or similar provision, production payment or any other arrangement, to deliver Hydrocarbons having a value in excess of $[•] attributable to the Oil and Gas Properties at some future time without then or thereafter receiving full payment

Future Production. Revenues are derived principally from uncollateralized sales to customers in the oil and gas industry. The concentration of credit risk in a single industry affects the business’s overall exposure to credit risk because customers may be similarly affected by changes in economic and other conditions. Although not a current risk in the case of the program assets, some refiners have filed for bankruptcy protection, which has caused the affected producers to not receive payment for the production that was delivered. If economic conditions deteriorate, it is likely that additional, similar situations will occur which will expose the Company to added risk of not being paid for oil or gas that they deliver. It is difficult to predict what impact the financial difficulties of any of the previous owner’s purchasers may have on the Company’s future results of operations and liquidity.

Future Production. Except as set forth in Section 3.21 of the Parent Schedule, Parent is not obligated, by virtue of a prepayment arrangement, make-up right under a production sales contract containing a “take or pay” or similar provision, production payment or any other arrangement, to deliver hydrocarbons having a value in excess of $1,500,000 attributable to the Parent Properties at some future time without then or thereafter receiving full payment therefor. No Parent Property is subject to an allowable penalty under applicable laws, rules or regulations that would prevent any well on such property from being entitled to its full legal and regular allowable from and after the Closing Date, the effect of which would be to materially reduce the projected production from such property as set out in the Parent Reserve Reports. Section 3.21 of the Parent Schedule sets forth a summary of Parent’s gas balancing obligations, including the amounts of any over production and under production imbalances.

Future Production. 5.1 The manufacturer of TS Products must manufacture those products to a quality level acceptable to the Product Steering Committee. 5.2 Subject to subsections 5.3, 5.4, and 5.5, following the team's assessment under Section 2, JVCO will retain HD to manufacture in the Kiel facility all TS Products for sale in Europe, NAFTA, ROW and Japan, (a) if the Cost to manufacture TS Products for sale in a particular region or country, as applicable, is equal to or less than the Cost to manufacture TS Products in the Vancouver facility (using the same criteria as in section 3); or (b) if HD is not competitive under clause (a) for any region or country, as applicable, HD subsidizes the Cost to manufacture TS Products for sale in that region or country, as applicable, so that the Cost to manufacture is equal to or less than the Cost to manufacture TS Products in the Vancouver facility for the same jurisdiction. 5.3 Despite Section 5.2, CREO reserves the right to manufacture a monthly production volume of ten (10) TS Products (or such greater number as may be determined by agreement of CREO and HD or as may be required by DS under the Dainippon Sales Agreement). CREO will ensure that the Cost to JVCO of manufacturing those TS Products will not be more than it would be (using the same criteria as in Section 3) if those TS Products were manufactured by HD in the Kiel facility. 5.4 If HD is not competitive under Section 5.2(a) or it elects not to subsidize production under Section 5.2(b) in any region or country, JVCO will retain CREO to manufacture in the Vancouver facility TS Products for sale in those regions or countries where its Cost is less than that of the Kiel facility. Thereafter, if the Cost to manufacture TS Products in the Vancouver facility for sale in any particular region or country is not competitive, CREO may continue nevertheless to manufacture TS Products in the Vancouver facility for sale in that region or country if it subsidizes the Cost to manufacture those TS Products so that the Cost is less than the Cost to manufacture TS Products in the Kiel facility (using the same criteria as in Section 3). 5.5 HD or CREO may give notice to the other and to JVCO at any time to the effect that it does not wish to continue to subsidize the Cost to manufacture TS Products under Section 5.2 or 5.4, respectively. In that case, its obligation to subsidize will end ninety (90) days following the date of receipt of the notice by JVCO, at which time the other will be e...

Future Production. The current application is a very small and clean web application. It maps a useful user experience across multiple constituents and reflects the broad business concept of ClearLobby. In addition, while the production solution will inherently be more robust, all of the technologies needed are already in use. The bulk of the application involves handling video and document rendering, and solutions exist today, such as ffmpeg (or similar) for video conversion and FlashPaper for document conversion. Numerous Rails plugins, gems, or alternate technologies altogether, are available to handle smaller bits of functionality (auth, ratings, tags, modal boxes that hide flash content, background processing, email, application monitoring, unblocking uploads, etc). ▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, the principals of ClearLobby, Inc., hereby assert that ClearLobby owns the assets it is transferring to Buyer, pursuant to this agreement.