Common use of Hazards and Risks Clause in Contracts

Hazards and Risks. Each Party acknowledges the hazards and risks in handling and using crude oil. Each Party shall advise its affiliates and its and their employees and third parties, who may purchase or come into contact with crude oil delivered under this Agreement, about the reasonable hazards and risks of crude oil, as well as precautionary procedures for handling such crude oil.

Appears in 5 contracts

Samples: Crude Oil Purchase Agreement, Crude Oil Purchase Agreement (Calumet Specialty Products Partners, L.P.), Crude Oil Purchase Agreement (Pacific Coast Energy Co LP)

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