Common use of Seller Planned Maintenance Turnarounds Clause in Contracts

Seller Planned Maintenance Turnarounds. In the event of a planned Ethylene Cracker turnaround Seller reserves the option to cancel supply under this Contract at the affected site in association with the shutdown period provided Seller gives Buyer at least twelve (12) months advance good faith notification in writing of the planned shutdown period. The Parties agree that any twelve (12) month notice provided under this Section by Seller shall be in good faith but is not binding and the shutdown notice is for planning purposes only and subject to adjustment by Seller if it gives a firm binding not less than sixty (60) days’ notice prior to the planned shutdown date. Unless otherwise agreed between the Parties, any Product quantity affected by Seller’s shutdown and not delivered in connection therewith shall be deducted from the Minimum Volume and the Maximum Volume. In the event Seller and Xxxxx mutually agree to recover any lost volume, the Parties will develop a mutually acceptable schedule.

Appears in 2 contracts

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

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Seller Planned Maintenance Turnarounds. In the event of a planned Ethylene Cracker turnaround or Butadiene extraction unit turnaround, Seller reserves the option to cancel supply under this Contract at the affected site or sites in association with the shutdown period provided period; provided, that Seller gives Buyer at least twelve (12) months advance good faith notification in writing of the planned shutdown period. The Parties agree that any twelve (12) month notice provided under this Section by Seller shall be in good faith but is not binding and the shutdown notice is for planning purposes only and subject to adjustment by Seller if it gives a firm binding not less than sixty (60) days’ days notice prior to the planned shutdown date. Unless otherwise agreed between the Parties, any Product quantity affected by Seller’s shutdown and Any subsequent quantities not delivered in connection therewith association with the shutdown shall not be deducted from the Minimum Volume and the Maximum Volumeannual quantity. In the event Seller and Xxxxx Buyer mutually agree to recover any lost volume, the Parties will develop a mutually acceptable schedule.

Appears in 2 contracts

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

Seller Planned Maintenance Turnarounds. In the event of a planned Ethylene Cracker turnaround or Butadiene extraction unit turnaround. Seller reserves the option to cancel supply under this Contract at the affected site or sites in association with the shutdown period provided period; provided, that Seller gives Buyer at least twelve (12) months advance good faith notification in writing of the planned shutdown period. The Parties agree that any twelve (12) month notice provided under this Section by Seller shall be in good faith but is not binding and the shutdown notice is for planning purposes only and subject to adjustment by Seller if it gives a firm binding not less than sixty (60) days’ days notice prior to the planned shutdown date. Unless otherwise agreed between the Parties, any Product quantity affected by Seller’s shutdown and Any subsequent quantities not delivered in connection therewith association with the shutdown shall not be deducted from the Minimum Volume and the Maximum Volumeannual quantity. In the event Seller and Xxxxx Buyer mutually agree to recover any lost volume, the Parties will develop a mutually acceptable schedule.

Appears in 1 contract

Samples: Sales Contract (Styron Investment Holdings Ireland)

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Seller Planned Maintenance Turnarounds. In the event of a planned Ethylene Cracker turnaround or Butadiene extraction unit turnaround, Seller reserves the option to cancel supply under this Contract at the affected site or sites in association with the shutdown period provided period; provided, that Seller gives Buyer at least twelve (12) [*****] months advance good faith notification in writing of the planned shutdown period. The Parties agree that any twelve (12) [*****] month notice provided under this Section by Seller shall be in good faith but is not binding and the shutdown notice is for planning purposes only and subject to adjustment by Seller if it gives a firm binding not less than sixty ninety (6090) days’ days notice prior to the planned shutdown date. Unless otherwise agreed between the Parties, any Product quantity affected by Seller’s shutdown and quantities not delivered in connection therewith association with the shutdown shall be deducted from the Minimum Volume and the Maximum Volumeannual quantity. In the event Seller and Xxxxx Buyer mutually agree to recover any lost volume, the Parties will develop a mutually acceptable schedule.

Appears in 1 contract

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

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