Common use of Special Termination by Company Clause in Contracts

Special Termination by Company. If Company determines to completely suspend refinery operations at the Lake Xxxxxxx 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 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 Lake Xxxxxxx 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 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.