Special Termination by Company. If Company determines to totally or partially suspend refinery operations at the Lake Xxxxxxx Refinery for a period of at least 12 consecutive Months, the Parties will negotiate in good faith to agree upon a reduction of the applicable Commitment(s) to reflect such suspension of operations. If the Parties are unable to agree to an appropriate reduction of the applicable Commitment(s), then after Company has made a public announcement of such suspension, Company may provide written Notice to Holdings of its intent to terminate this Agreement and this Agreement will terminate 12 Months following the date such Notice is received by Holdings. In the event Company publicly announces, prior to the expiration of such 12-month period, its intent to resume operations at the Lake Xxxxxxx Refinery, then such Notice shall be deemed revoked and this Agreement shall continue in full force and effect as if such Notice had never been delivered.
Special Termination by Company. If Company determines to completely suspend refinery operations at the Sweeny Refinery for a period of at least 12 consecutive Months, then after Company has made a public announcement of such suspension, Company may provide written Notice to Carrier of its intent to terminate this Agreement and this Agreement will terminate 12 Months following the date such Notice is received by Carrier. In the event Company publicly announces, prior to the expiration of such 12-month period, its intent to resume operations at the Xxxxxxx Refinery, then such Notice shall be deemed revoked and this Agreement shall continue in full force and effect as if such Notice had never been delivered.
Special Termination by Company. If (a) Company determines to totally or partially suspend refinery operations at the Sweeny Refinery or (b) WRB Refining LP determines to suspend refinery operations at the Wood River Refinery, in either case, for a period of at least 12 consecutive Months, the Parties will negotiate in good faith to agree upon a reduction of the applicable Commitment(s) to reflect such suspension of operations. If the Parties are unable to agree to an appropriate reduction of the applicable Commitments(s), then after Company or WRB Refining LP (as the case may be) has made a public announcement of such suspension, Company may provide written Notice to Carrier of its intent to terminate this Agreement and this Agreement will terminate 12 Months following the date such Notice is received by Carrier. In the event Company or WRB Refinery LP (as the case may be) publicly announces, prior to the expiration of such 12-month period, its intent to resume operations at the Xxxxxxx Refinery or the Wood River Refinery, as applicable, then such Notice shall be deemed revoked and this Agreement shall continue in full force and effect as if such Notice had never been delivered.
Special Termination by Company. In addition to the termination rights of the Company set forth elsewhere in this Agreement, the Company may terminate this Agreement immediately in the event that the Company desires to enter into a license agreement granting another Person the right to manufacture or have manufactured, market or have marketed, sell or have sold Products in the Manufacturer Exclusive Territory (such other person is herein referred to as the "New Licensee"). In the event that the Company terminates this Agreement pursuant to this Section 5(d), the Company shall pay Manufacturer the amounts described on Schedule 3 under the caption "Compensation for Special Termination."
Special Termination by Company. If (a) operations at the Ferndale Refinery are totally or partially suspended for a period of at least 12 consecutive Months, the Parties will negotiate in good faith to agree upon a reduction in the applicable Monthly Fee to reflect such suspension of
Special Termination by Company. If Company determines to totally or partially suspend refinery operations at the Lake Xxxxxxx Refinery for a period of at least 12 consecutive Months, the Parties will negotiate in good faith to agree upon a reduction of the applicable Commitment(s) to reflect such suspension of operations. If the Parties are unable to agree to an appropriate reduction of the applicable Commitment(s), then after Company has made a public announcement of such suspension, Company may provide written Notice to Holdings of its intent to terminate this Agreement and this Agreement will terminate 12 Months following the date such Notice is received by Holdings. TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH TWO ASTERISKS (**).
Special Termination by Company. If (a) operations at the Ferndale Refinery are totally or partially suspended for a period of at least 12 consecutive Months, the Parties will negotiate in good faith to agree upon a reduction in the applicable Monthly Fee to reflect such suspension of -C 7- operations. If the Parties are unable to agree to an appropriate reduction of the applicable Monthly Fee, then after a public announcement of such suspension has been made, Company may provide written Notice to Holdings of its intent to terminate this Agreement and this Agreement will terminate 12 Months following the date such Notice is received by Holdings. In the event of a public announcement, prior to the expiration of such 12-month period, of an intent to resume operations at the Ferndale Refinery, then such Notice shall be deemed revoked and this Agreement shall continue unmodified in full force and effect as if such Notice had never been delivered.
Special Termination by Company. If (a) Company determines to suspend refinery operations at the Sweeny Refinery or (b) WRB Refining LP determines to suspend refinery operations at the Wood River Refinery, in either case, for a period of at least 12 consecutive Months, the Parties will negotiate in good faith to agree upon a reduction of the applicable Commitment(s) to reflect such suspension of operations. If the Parties are unable to agree to an appropriate reduction of the applicable Commitments(s), then after Company or WRB Refining LP (as the case may be) has made a public announcement of such suspension, Company may provide written Notice to Carrier of its intent to terminate this Agreement and this Agreement will terminate 12 Months following the date such Notice is received by Carrier.
Special Termination by Company. If operations at the Refinery are suspended for a period of at least twelve (12) consecutive Months, then after a public announcement of such suspension is made by Company or its Affiliates, Company may provide Notice to Carrier of its intent to terminate this Agreement with respect to the services provided by Company hereunder and this Agreement with respect to the services provided by Company hereunder will be so terminated twelve (12) Months following the date such Notice is received by Carrier. In the event, prior to the expiration of such twelve (12) Month period, a public announcement is made that operations will be resumed at the Refinery, then such Notice shall be deemed revoked and this Agreement with respect to the Services provided by Company hereunder shall continue in full force and effect as if such Notice had never been delivered.
Special Termination by Company. If (a) refinery operations at the Xxxxxx Products Facility are totally or partially suspended for a period of at least 12 consecutive Months, the Parties will negotiate in good faith to agree upon a reduction of the applicable Commitment(s) to reflect such suspension of operations. If the Parties are unable to agree to an appropriate reduction of any applicable Commitments(s), then after a public
