Common use of Preliminary Unit Clause in Contracts

Preliminary Unit. During the Preliminary Phase, Licensee shall construct the Preliminary Unit to test and demonstrate the growth and harvesting aspects of the Licensed Technology. Licensee’s planning, construction and operation of the Preliminary Unit shall also be in accordance with those same terms that are applicable for the planning, construction and operation of the Unit or any Unit Increment as described in Section 5 below.

Appears in 2 contracts

Sources: License Agreement (Parabel Inc.), License Agreement (PetroAlgae Inc.)