Common use of Xxxx Inventory Clause in Contracts

Xxxx Inventory. PRC shall be liable for contamination of the Xxxx Inventory, unless such contamination is due to Aron’s or its representative’s negligence or willful misconduct. As to contamination to the Xxxx Inventory for which PRC is liable pursuant to this Section 9.6, PRC shall promptly notify Xxxx of such contamination and the Parties shall account for any differences in the grade of the contaminated or downgraded Xxxx Inventory (including to the extent any such material no longer continues to meet the specifications for any Product for purposes hereof) pursuant to the volume determination, invoicing and payment procedures set forth in Sections 6.3, 12.1 and 12.5.

Appears in 4 contracts

Samples: Inventory Intermediation Agreement (PBF Energy Co LLC), Inventory Intermediation Agreement (PBF Finance Corp), Inventory Intermediation Agreement (PBF Energy Inc.)

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