Examples of Refinery Products in a sentence
The measurement of Refinery Products produced and sold pursuant to this Agreement shall be determined in a manner reasonably acceptable to Delek Refining and Delek Marketing.
Delek Refining will cooperate to provide any assistance reasonably requested by Delek Marketing in responding to or resolving any disputes arising with respect to a buyer of the Refinery Products.
During the Term, Delek Marketing shall act as the exclusive marketing and sales agent on behalf of Delek Refining and be the exclusive provider of marketing and sales services for all of the Refinery Products sold by Delek Refining.
During each Contract Quarter during the Term, Delek Refining shall make available to Delek Marketing for marketing and sale at the Refinery and/or the Big Xxxxx Terminal an aggregate amount of the Refinery Products equal to at least 50,000 Barrels per day, multiplied by the number of calendar days in the Contract Quarter (the “Minimum Volume Commitment”).
Delek Marketing shall have the right to inspect, test, and audit any and all equipment and systems used in the measurement of the Refinery Products pursuant to this Agreement.
During the Term, upon the request of Delek Marketing, Delek Refining shall deliver to potential buyers a letter confirming Delek Marketing’s role as the exclusive representative of Delek Refining for purposes set forth in this Agreement, as well as any information about the Refinery Products as Delek Marketing may reasonably request.
As consideration for the operation of the Tyler Terminal by Delek Refining during the Term, Delek Marketing shall pay Delek Refining a monthly fee equal, for any one-month period, to twenty-three hundredths of one cent ($0.0023) per gallon of Refinery Products sold pursuant to this Agreement during such period (the “Throughput Fee”).
During the Term, Delek Refining shall not market or sell the Refinery Products except pursuant to the terms of this Agreement.
Delek Refining shall maintain the books, records and accounts reflecting the transactions arising from this Agreement during the Term, including, without limitation, accounting and administrative reports relating to the (a) marketing and sale of the Refinery Products and (b) accrual and payment of the Services Base Fee, Services Profit Share, Shortfall Payment and Throughput Fee attributable to the Term.
Coal, Natural Gas, Crude Oil, Refinery Products, Fertilizers, Cement, Steel and Electricity.