Common use of Product Availability Clause in Contracts

Product Availability. Buyer acknowledges that the Product supplied under this Contract is a co-product of Seller’s cracking operation for the production of Ethylene and Propylene. In the event that Seller decides at any time to reduce its cracking operation for any reason, the quantity specified in this Contract may be reduced at Seller’s option without any liability to Seller. In the event that Seller elects at any time to change the feedstock for cracker operation which reduces the co-product production, the quantity specified in this Contract may be reduced at Seller’s option proportionally to the reduction of the co-product production without any liability to Seller.

Appears in 4 contracts

Samples: Sales Contract (Styron Investment Holdings Ireland), Sales Contract (Styron Investment Holdings Ireland), Sales Contract (Styron Canada ULC)

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Product Availability. Buyer acknowledges that the Product supplied under this Contract is a co-product of Seller’s cracking operation for of the production of Ethylene and Propylene. In the event that Seller decides at any time to reduce its cracking operation for any reason, the quantity specified in this Contract may be reduced at Seller’s option without any liability to Seller. In the event that Seller elects at any time to change the feedstock for cracker operation which reduces the co-product production, the quantity specified in this Contract may be reduced at Seller’s option proportionally to the reduction of the co-product production without any liability to Seller.

Appears in 2 contracts

Samples: Sales Contract (Styron Canada ULC), Sales Contract (Trinseo S.A.)

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Product Availability. Buyer acknowledges that the Product supplied under this Contract is a co-product of Seller’s Sellers cracking operation for the production of Ethylene and Propylene. In the event that Seller decides at any time to reduce its cracking operation for any reason, the quantity specified in this Contract may be reduced at Seller’s 's option without any liability to Seller. In the event that Seller elects at any time to change the feedstock for cracker operation which reduces the co-product production, the quantity specified in this Contract may be reduced at Seller’s 's option proportionally to the reduction of the co-product production without any liability to Seller.

Appears in 1 contract

Samples: Butadiene Sales Contract (Trinseo S.A.)

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