Termination Following a Force Majeure Event. If a Force Majeure Event prevents Carrier or Shipper from performing its respective obligations under the Schedule for a period of more than 12 consecutive Months, the Schedule, or to the extent the Force Majeure Event only affects a portion of the obligations under the Schedule, the portion of those obligations so affected,may be terminated by either Party at any time after the expiration of such 12-Month period upon at least 30 Days’ Notice to the other Party.
Appears in 2 contracts
Samples: Master Transportation Services Agreement, Master Transportation Services Agreement (Valero Energy Partners Lp)
Termination Following a Force Majeure Event. If a Force Majeure Event prevents Carrier Company or Shipper Customer from performing its respective obligations under the Schedule for a period of more than 12 consecutive Months, the Schedule, or to the extent the Force Majeure Event only affects a portion of the obligations under the Schedule, the portion of those obligations so affected,, may be terminated by either Party at any time after the expiration of such 12-Month period upon at least 30 Days’ Notice to the other Party.
Appears in 2 contracts
Samples: Master Terminal Services Agreement (Valero Energy Partners Lp), Master Terminal Services Agreement (Valero Energy Partners Lp)
Termination Following a Force Majeure Event. If a Force Majeure Event prevents Carrier or Shipper from performing its respective obligations under the Schedule for a period of more than 12 consecutive Months, the Schedule, or to the extent the Force Majeure Event only affects a portion of the obligations under the Schedule, the portion of those obligations so affected,, may be terminated by either Party at any time after the expiration of such 12-Month period upon at least 30 Days’ Notice to the other Party.
Appears in 1 contract
Samples: Master Transportation Services Agreement (Valero Energy Partners Lp)
Termination Following a Force Majeure Event. If a Force Majeure Event prevents Carrier Company or Shipper Customer from performing its respective obligations under the Schedule for a period of more than 12 consecutive Months, the Schedule, or to the extent the Force Majeure Event only 19 affects a portion of the obligations under the Schedule, the portion of those obligations so affected,, may be terminated by either Party at any time after the expiration of such 12-Month period upon at least 30 Days’ Notice to the other Party.
Appears in 1 contract
Samples: Master Terminal Services Agreement
