Examples of Xxxxx R&M in a sentence
Any notice, request, consent, waiver or other ------- communication required or permitted hereunder shall be effective only if it is in writing and personally delivered by hand or by overnight courier or sent by certified or registered mail, postage prepaid, return receipt requested, addressed as follows: If to Xxxxx R&M: Xxxxx Refining & Marketing, Inc.
The Xxxxx Company may assign its rights hereunder to the Financing Parties, as collateral security for its obligations under the Financing Documents, but otherwise shall not assign its rights hereunder without the prior written consent of Xxxxx R&M and the Financing Parties.
The Xxxxx Company shall pay Xxxxx R&M $2,700,000 on (i) the date (the "Initial Payment Date") that is the later of (y) the first anniversary of the Start-up Date and (z) January 1, 2002 for providing the Services described in this Schedule, (ii) the date that is one year after the Initial Payment Date and (iii) the date that is two years after the Initial Payment Date.
To the extent that Xxxxx R&M does not exercise its right to use all Excess Hydrocracker Capacity on any day during such calendar quarter, Xxxxx R&M shall ensure that pro rata portions of Xxxxx Company-owned and Xxxxx R&M-owned VGO produced by the Crude Unit on such day are used to fill the remaining Excess Hydrocracker Capacity of the Hydrocracker.
The Xxxxx Company shall reimburse Xxxxx R&M for the Labor Cost of all hourly Xxxxx R&M maintenance personnel necessary for the performance of maintenance services described herein each month for the Xxxxx Complex and the Xxxxx Complex Site.
For all supervisory and management services provided by Xxxxx R&M related to maintenance services for the Xxxxx Complex described herein each month, the Xxxxx Company shall pay Xxxxx R&M (i) for any month after the Start-up Date and prior to and including December 2000, $62,500.00 and (ii) for any month thereafter, $62,500.00, multiplied by the Inflation Factor.
The allocation of Labor Costs incurred by Xxxxx R&M in providing crude supply management services to the Xxxxx Company shall be included in the charges to the Xxxxx Company under Section 5.8 of the Services and Supply Agreement.
If for any reason the Process Administrative Agent shall cease to be available to act as such, Xxxxx R&M agrees to designate a new agent in New York City on the terms and for the purposes of this provision satisfactory to the Collateral Trustee.
Repair and maintenance work performed by (i) Xxxxx R&M employees at one of the various Xxxxx R&M-owned and operated maintenance shops located at the Refinery including, without limitation, Xxxxx R&M's central shop, machine shop, instrument/electrical shop and sandblasting/cleaning shop, or (ii) third party subcontractors at maintenance shops located outside the Refinery.
Xxxxx R&M shall provide the following ---------------- additional support services, each as more particularly described on the Schedule opposite such Service on the chart below, as necessary for the operation of the Heavy Oil Processing Facility.