Common use of Specialty Grades Clause in Contracts

Specialty Grades. From time to time, PBF may desire to make or MSCG may desire to sell a customized product that is not included in the grades of Products encompassed in Schedule 1 (a “Specialty Grade”). In this circumstance, the Parties shall negotiate in good faith to agree to the terms under which such Specialty Grade would be produced, priced and delivered and in the absence of an agreement as to such terms, no production or sale of a Specialty Grade shall occur.

Appears in 4 contracts

Samples: Offtake Agreement (PBF Energy Inc.), Products Offtake Agreement (PBF Energy Inc.), Term Supply Agreement (PBF Energy Inc.)

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