Examples of Ethylene Sales Agreement in a sentence
Sales to Related PartiesOpCo sells ethylene to Westlake under the Ethylene Sales Agreement.
Charges from related parties for goods and services capitalized as assets were as follows:Accounts Receivable from and Accounts Payable to Related PartiesOpCo's accounts receivable from Westlake result primarily from ethylene sales to Westlake under the Ethylene Sales Agreement.
Owner agrees to provide the Owner Provided Services to permit the Westlake Facilities to be operated to the maximum extent possible in an efficient manner with the Owner Facilities, but in any event in a manner that permits the Westlake Parties to comply with their obligations under the Ethylene Sales Agreement and Feedstock Supply Agreement.
The Westlake Parties agree to provide, or cause to be provided, the Westlake Provided Utilities to permit the Ethylene Assets to be operated to the maximum extent possible in an efficient manner with the Westlake Facilities, but in any event in a manner that permits Owner to comply with its obligations under the Ethylene Sales Agreement and Feedstock Supply Agreement.
OpCo also entered into a feedstock supply agreement with Westlake that supplies OpCo with ethane (and any other feedstocks) required for OpCo to produce ethylene under the Ethylene Sales Agreement (the "Feedstock Supply Agreement").
This Agreement will continue in effect thereafter on an annual basis (each period after the end of the Initial Term during which this Agreement remains in effect, a “Renewal Term”) unless and until terminated at the end of either the Initial Term or any Renewal Term upon no less than 12 Months’ prior written notice; provided that the Term of this Agreement shall not be renewed unless and until the Ethylene Sales Agreement is simultaneously renewed.
The Company will seek independent shareholders’ approval for (i) each of the Steam Supply Agreements, each of the Port and Storage Services Agreements and the Sanjiang Chemical Ethylene Sales Agreement; and (ii) the proposed annual caps for the three years ending 31 December 2023 for the transactions contemplated under each of the Steam Supply Agreements, each of the Port and Storage Services Agreements and the Sanjiang Chemical Ethylene Sales Agreement at the EGM.
The LED indicators The four LEDs are located below the arrow keys and have the following functions: The UNLOAD LED (yellow flashing) indicates that a specimen slide holder has been fully processed and is ready to be removed from a station (except the exit drawer).
Accordingly, we are of the view that the estimated sales unit and unit price of ethylene of the Sanjiang Chemical Ethylene Sales Agreement for each of the three years ending 31 December 2023, to be reasonable.
Each Party has the right to set off against any amounts due to the other Party hereunder any and all amounts that the other Party owes to the first Party under this Agreement or the Ethylene Sales Agreement, and other transaction agreements entered into on or about the date hereof.