Common Contracts
1 similar Framework Contract for Disposition Rights contracts
Appendix 1: Framework Contract for Disposition Rights (“tickets”)Framework Contract for Disposition Rights • March 21st, 2016
together with its appendices, referred to as the "Framework Contract" BETWEEN 1. APETRA NV, public limited company with social goal, with its registered office at Keizerinlaan 66, B-1000 Brussels (hereinafter, "APETRA”); AND 2. [company name],_ [corporate form], with its registered office at (“the Contracting party”). Hereinafter referred to individually or jointly as the "Party" or "Parties". PreambleFor the management of the Belgian compulsory stocks of petroleum products and crude oil APETRA has the statutory possibility of purchasing petroleum products and crude oil in property. In addition APETRA can conclude contracts for disposition rights on petroleum products and crude oil with the oil industry (“Tickets”). If a Supply crisis occurs, those contracts give APETRA the right to purchase the underlying quantities of finished product as stocks for the industry and the end-users. This Framework Contract establishes the framework applicable to those contracts for disposition rights (“
