Common use of Special Reduction of Minimum Quarterly Transportation Commitment Clause in Contracts

Special Reduction of Minimum Quarterly Transportation Commitment. If Carrier’s use of all or part of the Pipeline for transportation of any Commodity shall be restrained, enjoined, restricted or terminated by (a) any Governmental Authority, (b) right of eminent domain or (c) the owner of leased land, Carrier, upon being notified of such restraint, enjoinder, restriction or termination, shall notify Company and the Minimum Quarterly Transportation Commitment shall be reduced to the extent that Carrier’s use of the part of the Pipeline is so restrained, enjoined, restricted or terminated.

Appears in 4 contracts

Samples: Transportation Services Agreement (Phillips 66 Partners Lp), Throughput and Deficiency Agreement (Phillips 66 Partners Lp), Transportation Services Agreement (Phillips 66 Partners Lp)

AutoNDA by SimpleDocs

Special Reduction of Minimum Quarterly Transportation Commitment. If Carrier’s use of all or part of the Pipeline for transportation of any Commodity Crude Oil shall be restrained, enjoined, restricted or terminated by (a) any Governmental Authority, (b) right of eminent domain or (c) the owner of leased land, Carrier, upon being notified of such restraint, enjoinder, restriction or termination, shall notify Company and the Minimum Quarterly Transportation Commitment shall be reduced to the extent that Carrier’s use of the part of the Pipeline is so restrained, enjoined, restricted or terminated.

Appears in 2 contracts

Samples: Transportation Services Agreement (Phillips 66 Partners Lp), Transportation Services Agreement (Phillips 66 Partners Lp)

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