Common use of No Commingling Clause in Contracts

No Commingling. Except (i) to the extent permitted in accordance with Section 6 or (ii) in the event that a Change in Law occurs whereby any Governmental Authority has the right to purchase Products in the Tanks and/or to create or hold Liens in any such Products in the Tanks, or otherwise becomes entitled to exercise rights or powers substantially equivalent to the foregoing, DCR shall not store any Products owned by DCR or any of its Affiliates or a third party in any Tank without Aron’s prior written consent. Xxxx agrees that DCR may commingle Products only in the circumstances and subject to the terms and conditions described and referenced in this Section 9.3.

Appears in 3 contracts

Samples: Inventory Intermediation Agreement (PBF Energy Co LLC), Inventory Intermediation Agreement (PBF Finance Corp), Inventory Intermediation Agreement (PBF Energy Inc.)

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No Commingling. Except (i) to the extent permitted in accordance with Section 6 6, or (ii) in the event that a Change in Law occurs whereby any Governmental Authority has the right to purchase Products in the Tanks and/or to create or hold Liens in any such Products in the Tanks, or otherwise becomes entitled to exercise rights or powers substantially equivalent to the foregoing, DCR shall not store any Products owned by DCR or any of its Affiliates or a third party in any Tank without Aron’s prior written consent. Xxxx agrees that DCR may commingle Products only in the circumstances and subject to the terms and conditions described and referenced in this Section 9.3.

Appears in 1 contract

Samples: Inventory Intermediation Agreement (PBF Holding Co LLC)

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