Common use of Destination Clause in Contracts

Destination. The destination of the crude oil delivered under this Agreement shall berefining systems in Europe, North and South America, the Far East and South Africa, given that it is declared at least seventy-two (72) hours before the accepted Laycan date. However, any change in the destination after the said seventy-two (72) hours shall be subject to First Party's approval before being accepted.

Appears in 6 contracts

Samples: Exploration, Development and Production Contract, Development and Production Contract, Development and Production Contract

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