Hedging Activity Due to Refinery Operational Upsets. Buyer shall have the option to request that Seller adjust the number of futures contracts held in any Hedge-Month Pool by contacting Seller and requesting that Seller perform a futures transaction outside the normal hedging and pricing activity as described above. This request shall be at Buyer’s discretion for reasons including, but not limited to, unplanned changes in running plan or unscheduled shutdowns caused by Refinery upsets. Seller shall perform such transactions according to the principles above and shall not unreasonably refuse such requests. However, Seller shall only be required to act within the following limitations:
Appears in 4 contracts
Samples: Delivery and Services Agreement (PBF Energy Inc.), Delivery and Services Agreement (PBF Energy Inc.), Delivery and Services Agreement (PBF Energy Inc.)
