Examples of Xxxxxxx Xxxxx Terminal in a sentence
Xxxxxxx Xxxxx Terminal is located at or near Sulphur, Louisiana and consists of a single-berth ship dock, 12 above-ground storage tanks with approximately 3.4 million barrels of total storage capacity and a truck offloading facility.
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.
Measuring the potential social and environmental impact of investments in a generally accepted manner will thus be a key component of research to be undertaken since impact investing explicitly seeks to intentionally generate quantifiable social and financial returns.
Carrier shall be deemed to have custody of Crude Oil injected into the Pipeline from the time such Crude Oil passes through the flange connection between the relevant Origin Point and the Pipeline until it is delivered to Company or, at the direction of Company, to a third party through the flange connection (a) between the Pipeline and the Lake Xxxxxxx Refinery, (b) between the Pipeline and a receiving third party pipeline, or (c) between the Pipeline and the Xxxxxxx Xxxxx Terminal, as the case may be.
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.