Common use of Prohibited Contracts Clause in Contracts

Prohibited Contracts. Other than those listed on Schedule 7.11: (a) enter into any “take-or-pay” contract or other contract or arrangement for the purchase of goods or services which obligates it to pay for such goods or service regardless of whether they are delivered or furnished to it, other than contracts for pipeline capacity or for services in either case reasonably anticipated to be utilized in the ordinary course of business; or (b) incur any obligation to contribute to any Multiemployer Plan or permit any ERISA Affiliate to do so.

Prohibited Contracts. Other than those listed on Schedule 7.11: (a) enter into any “take-or-pay” contract or other contract or arrangement for the purchase of goods or services which obligates it to pay for such goods or service regardless of whether they are delivered or furnished to it, other than contracts for pipeline capacity pipeline, terminal or pier capacity, contracts for purchase and sale of Petroleum Inventory or for services in either any case reasonably anticipated to be utilized in the ordinary course of business; or (b) incur any obligation to contribute to any Multiemployer Plan or permit any ERISA Affiliate to do soPlan.