Common use of Non-Spec Crude Oil Clause in Contracts

Non-Spec Crude Oil. (a) Gatherer shall test and monitor the Crude Oil tendered by or for the account of Shipper at the Receipt Points as a Reasonable and Prudent Operator to ensure that it meets the Crude Oil Quality Specifications. If Gatherer determines at any time that any Crude Oil tendered by or for the account of Shipper at any Receipt Point does not meet the Crude Oil Quality Specifications, then Gatherer shall have the right, at its sole option and effective immediately upon notice to Shipper, to refuse to accept such Crude Oil.

Appears in 4 contracts

Samples: Gathering and Storage Agreement (Oasis Midstream Partners LP), Gathering and Storage Agreement (Oasis Midstream Partners LP), And Storage Agreement (Oasis Midstream Partners LP)

AutoNDA by SimpleDocs

Non-Spec Crude Oil. (a) Gatherer shall test and monitor the Crude Oil tendered by or for the account of Shipper Producer at the Receipt Points as a Reasonable and Prudent Operator to ensure that it meets the Crude Oil Quality Specifications. If Gatherer determines at any time that any Crude Oil tendered by or for the account of Shipper Producer at any Receipt Point does not meet the Crude Oil Quality Specifications, then Gatherer shall have the right, at its sole option and effective immediately upon notice to ShipperProducer, to refuse to accept such Crude Oil.

Appears in 2 contracts

Samples: Crude Oil Gathering Agreement (Rattler Midstream Lp), Crude Oil Gathering Agreement (Rattler Midstream Lp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.