Common use of GEC Warranties Clause in Contracts

GEC Warranties. COP warrants that The E-GAS™ Technology can be utilized in a Plant to process typical petroleum coke or coal or other designated feedstock into synthesis gas suitable for utilization in power generation or industrial chemical facilities and that such Plant will comply with the existing permit to construct, as timely amended, and applicable environmental standards at the time of design and construction as set forth in U.S. EPA or delegated state authority, provided that such Plant is designed, constructed and operated in accordance with the basic design specification set forth in Appendix A, and as further defined by the Process Design Package. Should the contemplated Plant initially fail to process the feedstock to produce synthesis gas or be unable to meet environmental standards, COP shall, at no cost to Licensee, evaluate “The Plant and recommend corrective actions; whether or not such corrective action is ultimately deemed to be within its own obligation to rectify.

Appears in 3 contracts

Sources: License Agreement (USA Synthetic Fuel Corp), License Agreement (USA Synthetic Fuel Corp), License Agreement (Global Energy, Inc.)