Common use of LOADING PRIVILEGES Clause in Contracts

LOADING PRIVILEGES. Loading privileges are granted by Seller to Buyer at requested terminals and confirmed through the issuance of loading numbers, but may be revoked by Seller at any time in its sole discretion. Any liftings by Buyer using these loading numbers will constitute an “Authorized Purchase”. Any liftings on an account in which Buyer was not issued loading numbers by Seller will constitute an “Unauthorized Purchase.”

Appears in 1 contract

Samples: Master Rack Sales Agreement

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LOADING PRIVILEGES. Loading privileges are granted by Seller to Buyer at requested terminals and confirmed through the issuance of loading numbers, but may be revoked by Seller at any time in its sole discretion. Any liftings by Buyer Xxxxx using these loading numbers will constitute an “Authorized Purchase”. Any liftings on an account in which Buyer was not issued loading numbers by Seller will constitute an “Unauthorized Purchase.”

Appears in 1 contract

Samples: Master Rack Sales Agreement

LOADING PRIVILEGES. Loading privileges are granted by Seller to Buyer at requested terminals and confirmed through the issuance of loading numbers, but may be revoked by Seller at any time in at its sole discretion. Any liftings by Buyer using these loading numbers will constitute an "Authorized Purchase". Any liftings on an account in which Buyer was not issued loading numbers by Seller will constitute an "Unauthorized Purchase".

Appears in 1 contract

Samples: Master Rack Sales Agreement

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LOADING PRIVILEGES. Loading privileges are granted by Seller to Buyer at requested terminals and confirmed through the issuance of loading numbers, but may be revoked by Seller at any time in its sole discretion. Any and all liftings by Buyer using these loading numbers will constitute an “Authorized Purchase” for which Buyer will have complete financial responsibility. Any liftings on an account in which Buyer was not issued loading numbers by Seller will constitute an “Unauthorized Purchase.”

Appears in 1 contract

Samples: Master Rack Sales Agreement

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