Examples of Pecan Grove Terminal in a sentence
Holdings may not enter into any agreement with any Person other than Company with respect to terminaling services at the Xxxxxxx Xxxxx Terminal or Pecan Grove Terminal during the Term of this Agreement or upon the termination of this Agreement without first disclosing to Company all of the material terms and conditions of such an agreement and allowing Company not less than 60 Days within which to enter into an agreement upon the same terms and conditions.
Company intends to deliver Crude Oil to the Xxxxxxx Xxxxx Terminal and the Pecan Grove Terminal (together, the “Terminals”) and desires to have such Crude Oil stored and handled at the Terminals and redelivered into a pipeline for onward delivery to the Lake Xxxxxxx Refinery, and Holdings desires to provide such terminaling services and the additional services described in this Agreement, for Company, all upon the terms and conditions set forth in this Agreement.
If Company decides to restructure its supply, refining or sales operations at the Lake Xxxxxxx Refinery in such a way as could reasonably be expected to materially and adversely affect the economics of Company’s performance of its obligations under this Agreement, then the Parties will negotiate in good faith concerning a reduction in Company’s commitment or an exchange of the Xxxxxxx Xxxxx Terminal or the Pecan Grove Terminal (whichever is adversely affected) for other assets not so affected.
If Company decides to restructure its supply, refining or sales operations at the Lake Xxxxxxx Refinery in such a way as to materially and adversely affect the economics of Company’s performance under this Agreement, then the Parties will negotiate in good faith concerning a reduction in Company’s commitment and/or an exchange of the Xxxxxxx Xxxxx Terminal or the Pecan Grove Terminal (whichever is adversely affected) for other assets not so affected.