Common use of Conditions to Offtake Obligations Clause in Contracts

Conditions to Offtake Obligations. MSCG’s Product offtake obligations are subject to the absence of a default under one or more Assigned Term Agreements that collectively have a material adverse effect on MSCG’s ability to move Products out of the Tanks for sale to Customers and subject further to PBF’s performance of its obligations hereunder and under the other Transaction Documents.

Appears in 3 contracts

Samples: Products Offtake Agreement (PBF Energy Inc.), Products Offtake Agreement (PBF Energy Inc.), Products Offtake Agreement (PBF Energy Inc.)

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Conditions to Offtake Obligations. MSCG’s Product offtake obligations are subject to the absence of a default under one or more the Assigned Term Agreements Offtake Agreement that collectively have has a material adverse effect on MSCG’s ability to move Products out of the Tanks for sale to Customers and subject further to PBFDCRC’s performance of its obligations hereunder and under the other Transaction Documents.

Appears in 2 contracts

Samples: Products Offtake Agreement (PBF Energy Inc.), Products Offtake Agreement (PBF Energy Inc.)

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