DAMAGE PAYMENTS. In the event that (i) Buyer is unable to take all of the Raw Product nominated by Seller during a particular Month due to any Person’s failure to take Raw Product from Buyer, and (ii) Buyer receives Damage Payments in connection with such event, Buyer will pay Seller its pro rata share of such Damage Payments based on the amount of nominated Raw Product not taken by Buyer from Seller and any other Affiliates of Buyer as a result of such event.
Appears in 7 contracts
Samples: Raw Product Purchase Agreement (Targa Resources, Inc.), Raw Product Purchase Agreement (Targa Resources Partners LP), Raw Product Purchase Agreement (Targa Resources, Inc.)
DAMAGE PAYMENTS. In the event that (i) Buyer is unable to take all of the Raw Product nominated by Seller during a particular Month due to any a Person’s failure to take Raw Product from Buyer, and (ii) Buyer receives Damage Payments in connection with such event, Buyer will pay Seller its pro rata share of such Damage Payments based on the amount of nominated Raw Product not taken by Buyer from Seller and any other Affiliates of Buyer as a result of such event.
Appears in 1 contract
Samples: Targa Liquids Marketing and Trade (Targa Resources Partners LP)
