Tank and Pipeline Maintenance. (a) Promptly after the Company completes its annual business plan with respect to any year, it shall notify Xxxx of any tank maintenance contemplated with respect to such year that would result in any SPM Delivery Point, Crude Storage Tank, Product Storage Tank or Included Product Pipelines being unavailable. (b) The Company immediately shall notify Xxxx orally (followed by prompt written notice) of any previously unscheduled downtime or maintenance of any SPM Delivery Point, or in the case of any Crude Storage Tank, Product Storage Tank or Included Product Pipeline, any previously unscheduled downtime or maintenance expected to have a duration in excess of ten (10) days. (c) The Company shall give Xxxx at least thirty (30) days’ prior written notice of any scheduled maintenance that the Company and/or any of its Affiliates intends to conduct on any of the Crude Storage Tanks or the Included Company Product Tanks that would result in such storage tank being taken out of service for a period greater than thirty (30) days (“Tank Maintenance”). (d) In connection with any Tank Maintenance, the Parties shall promptly consult and endeavor to agree on adjusted inventory minimum and maximum levels and other appropriate adjustments hereunder that are to apply during the period of such Tank Maintenance, if deemed necessary by the Parties. (e) The Company agrees that it will use its best efforts, consistent with good industry standards and practices, to complete (and to cause any third parties to complete) any Tank Maintenance as promptly as practicable. The Company shall provide Xxxx with an initial estimate of the period of any Tank Maintenance and shall regularly update Xxxx as to the progress of such Tank Maintenance. If, the Company determines that the expected completion date for Tank Maintenance has or is likely to change by thirty (30) days or more, it shall promptly notify Xxxx of such determination.
Appears in 2 contracts
Samples: Supply and Offtake Agreement (Par Pacific Holdings, Inc.), Supply and Offtake Agreement (Par Petroleum Corp/Co)
Tank and Pipeline Maintenance. (a) Promptly after the Company completes its annual business plan with respect to any year, it shall notify Xxxx Aron of any tank maintenance contemplated with respect to such year that would result in any SPM Delivery Point, Included Crude Storage Tank, Included Product Storage Tank or Included Product Pipelines being unavailable.
(b) The Company immediately shall notify Xxxx Aron orally (followed by prompt written notice) of any previously unscheduled downtime or maintenance of any SPM Delivery Point, or in the case of any Included Crude Storage Tank, Included Product Storage Tank or Included Product PipelinePipelines, any previously unscheduled downtime or maintenance expected to have a duration in excess of ten (10) days.
(c) The Company shall give Xxxx Aron at least thirty (30) days’ prior written notice of any scheduled maintenance that the Company and/or any of its Affiliates intends to conduct on any of the Crude Storage Tanks or the Included Company Product Tanks that would result in such storage tank being taken out of service for a period greater than thirty (30) days (“Tank Maintenance”).
(d) In connection with any Tank Maintenance, the Parties shall promptly consult and endeavor to agree on adjusted inventory minimum and maximum levels and other appropriate adjustments hereunder that are to apply during the period of such Tank Maintenance, if deemed necessary by the Parties.
(e) The Company agrees that it will use its best efforts, consistent with good industry standards and practices, to complete (and to cause any third parties to complete) any Tank Maintenance as promptly as practicable. The Company shall provide Xxxx Aron with an initial estimate of the period of any Tank Maintenance and shall regularly update Xxxx Aron as to the progress of such Tank Maintenance. If, the Company determines that the expected completion date for Tank Maintenance has or is likely to change by thirty (30) days or more, it shall promptly notify Xxxx Aron of such determination.
Appears in 1 contract
Samples: Supply and Offtake Agreement (Par Pacific Holdings, Inc.)
Tank and Pipeline Maintenance. (a) Promptly after the Company LW completes its annual business plan with respect to any year, it LW shall notify Xxxx Macquarie of any tank maintenance contemplated with respect to such year that would result in any SPM Delivery Point, Crude Storage Tank, Included Product Storage Tank Tanks or Included Product Pipelines being unavailable.
(b) The Company immediately Fuels and LW shall notify Xxxx Macquarie orally (followed by prompt written notice) of any previously unscheduled downtime or maintenance of any SPM Delivery Point, or in the case of any Crude Storage Tank, Included Product Storage Tank Tanks or Included Product Pipeline, as soon as practicable after either Fuels or LW has actual knowledge of any previously unscheduled downtime or maintenance expected to have a duration in excess of ten (10) daysdowntime.
(c) The Company LW shall give Xxxx provide to Macquarie at least thirty (30) days’ prior written notice of any scheduled maintenance that the Company Fuels, LW and/or any of its Affiliates intends to conduct on any of the Crude Storage Tanks or the Included Company Product Tanks that would result in such storage tank being taken out of service for a period greater than thirty (30) days (“Tank Maintenance”).
(d) In connection with any Tank Maintenance, the Parties shall promptly consult and endeavor to agree on adjusted inventory minimum and maximum levels and other appropriate adjustments hereunder that are to apply during the period of such Tank Maintenance, if deemed necessary by the Parties.
(e) The Company LW agrees that it will shall use its best efforts, consistent with good industry standards and practices, to complete (and to cause any third parties to complete) any Tank Maintenance as promptly as practicable. The Company LW shall provide Xxxx Macquarie with an initial estimate of the period of any Tank Maintenance and shall regularly update Xxxx Macquarie as to the progress of such Tank Maintenance. If, the Company If LW determines that the expected completion date for Tank Maintenance has or is likely to change by thirty (30) days or more, it shall promptly notify Xxxx Macquarie of such determination.
Appears in 1 contract
Samples: Supply and Offtake Agreement (Calumet Specialty Products Partners, L.P.)
Tank and Pipeline Maintenance. (a) Promptly after the Company completes its annual business plan with respect to any year, it shall notify Xxxx Macquarie of any tank or pipeline maintenance contemplated with respect to such year that would result in any SPM Delivery PointIncluded Permitted Feedstock Storage Tanks, Crude Storage TankIncluded Renewable Product Tanks, Included Renewable Product Storage Tank Pipelines or Included Product Permitted Feedstock Pipelines being unavailable.
(b) The Company immediately shall notify Xxxx Macquarie orally (followed by prompt written notice) of any previously unscheduled downtime or maintenance of any SPM Delivery Point, or in the case of any Crude Included Permitted Feedstock Storage Tank, Included Renewable Product Storage Tank Tanks or Included Renewable Product Pipeline, as soon as practicable after the Company has actual knowledge of any previously unscheduled downtime or maintenance expected to have a duration in excess of ten (10) daysdowntime.
(c) The Company shall give Xxxx provide to Macquarie at least thirty (30) days’ prior written notice of any scheduled maintenance that the Company and/or any of its Affiliates intends to conduct on any of the Crude Included Permitted Feedstock Storage Tanks or the Included Company Renewable Product Tanks that would result in such storage tank being taken out of service for a period greater than thirty (30) days (“Tank Maintenance”).
(d) In connection with any Tank Maintenance, the Parties shall promptly consult and endeavor to agree on adjusted inventory minimum and maximum levels and other appropriate adjustments hereunder that are to apply during the period of such Tank Maintenance, if deemed necessary by the Parties.
(e) The Company agrees that it will shall use its best efforts, consistent with good industry standards and practices, to complete (and to cause any third parties to complete) any Tank Maintenance as promptly as practicable. The Company shall provide Xxxx Macquarie with an initial estimate of the period of any Tank Maintenance and shall regularly update Xxxx Macquarie as to the progress of such Tank Maintenance. If, the Company determines that the expected completion date for Tank Maintenance has or is likely to change by thirty (30) days or more, it shall promptly notify Xxxx Macquarie of such determination.
Appears in 1 contract
Samples: Supply and Offtake Agreement (Calumet Specialty Products Partners, L.P.)
Tank and Pipeline Maintenance. (a) Promptly after the Company completes its annual business plan with respect to any year, it shall notify Xxxx of any tank maintenance contemplated with respect to such year that would result in any SPM Delivery Point, Included Crude Storage Tank, Included Product Storage Tank or Included Product Pipelines being unavailable.
(b) The Company immediately shall notify Xxxx orally (followed by prompt written notice) of any previously unscheduled downtime or maintenance of any SPM Delivery Point, or in the case of any Included Crude Storage Tank, Included Product Storage Tank or Included Product PipelinePipelines, any previously unscheduled downtime or maintenance expected to have a duration in excess of ten (10) days.
(c) The Company shall give Xxxx at least thirty (30) days’ prior written notice of any scheduled maintenance that the Company and/or any of its Affiliates intends to conduct on any of the Crude Storage Tanks or the Included Company Product Tanks that would result in such storage tank being taken out of service for a period greater than thirty (30) days (“Tank Maintenance”).
(d) In connection with any Tank Maintenance, the Parties shall promptly consult and endeavor to agree on adjusted inventory minimum and maximum levels and other appropriate adjustments hereunder that are to apply during the period of such Tank Maintenance, if deemed necessary by the Parties.
(e) The Company agrees that it will use its best efforts, consistent with good industry standards and practices, to complete (and to cause any third parties to complete) any Tank Maintenance as promptly as practicable. The Company shall provide Xxxx with an initial estimate of the period of any Tank Maintenance and shall regularly update Xxxx as to the progress of such Tank Maintenance. If, the Company determines that the expected completion date for Tank Maintenance has or is likely to change by thirty (30) days or more, it shall promptly notify Xxxx of such determination.
Appears in 1 contract
Samples: Supply and Offtake Agreement (Par Pacific Holdings, Inc.)