Included Product Tanks definition

Included Product Tanks means the Product storage tanks owned and operated by the Company or by third parties as further identified and described on Schedule E, including, as applicable with respect to the inventory report provided by such third party, any related facilities or pipelines used in connection with such tanks.

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Included Product Tanks means the product storage tanks at Kinder ▇▇▇▇▇▇’▇ ▇▇▇▇▇▇ terminal, as further identified and described on Schedule E.

Included Product Tanks means the Product storage tanks owned and operated by the Company or by third parties as further identified and described on Schedule E , including, as applicable with respect to the inventory report provided by such third party, any related facilities or pipelines used in connection with such tanks.

Examples of Included Product Tanks in a sentence

With respect to any Other Product Barrels that the Company expects to deliver to the Refinery Product Storage Tanks or such other designated Included Product Tanks, the Company shall give ▇▇▇▇ written notice of such expected delivery at least ten (10) Business Days preceding the expected delivery month for such Other Product Barrels and in such notice the Company shall provide to ▇▇▇▇ the quantity, grade and delivery terms of such Other Product Barrels expected to be delivered.
Such sale shall take place in accordance with the terms of this Agreement, except that the delivery of Products from BP to Calumet Fuels will occur In Situ, and title and risk of loss shall pass to Calumet Fuels in the Included Product Tanks where the Products are then located.
LW and Calumet Fuels shall cooperate with BP to provide access to the Included Product Tanks for quality tests conducted by such independent inspector, as well as to any quality tests conducted by Macquarie or LW.
Aron shall retain title and risk of loss through the Included Product Pipelines and in the Included Product Tanks.
Calumet Fuels and LW shall not without the prior written consent of BP (such consent not to be unreasonably withheld, conditioned or delayed) enter into any amendment to the Supply and Offtake Agreement or the Storage Agreement which would adversely affect BP’s rights or obligations under this Agreement, including without limitation any changes to the specifications for Products or the rights of Macquarie or BP to use the Included Product Tanks and associated services in the event of a Closeout.
In the event of a purchase by BP of Products from Macquarie following the occurrence of a Closeout Event, LW and Calumet Fuels shall provide BP with such assistance as BP may from time to time reasonably request in order to assist in the removal of the Products from the Included Product Tanks.
In the event of such sale following a Closeout Event, if Calumet Fuels fails to perform, LW shall upon request from BP purchase all the Products in the Included Product Tanks owned by BP as provided above.
Further, in connection with such purchase, if requested by BP, LW and Fuels hereby consent to a partial assignment by Macquarie of its rights and obligations under the Storage Agreement as and to the extent related to the Included Product Tanks to BP, to the extent reasonably necessary or desirable to permit BP to protect, store, remove or resell the Products purchased from Macquarie and located in the Included Product Tanks.
With respect to any Other Product Barrels that the Company expects to deliver to the Refinery Product Storage Tanks or such other designated Included Product Tanks, the Company shall give Aron written notice of such expected delivery at least ten (10) Business Days preceding the expected delivery month for such Other Product Barrels and in such notice the Company shall provide to Aron the quantity, grade and delivery terms of such Other Product Barrels expected to be delivered.
The quality of the Products shall be determined by LW in the Included Product Tanks utilizing volumetrically correct composite sampling.

More Definitions of Included Product Tanks

Included Product Tanks has the meaning given to it in the Supply and Offtake Agreement.