In the event that any dispute relating to or arising out of this Agreement exceeds $5,000,000, the Parties may litigate such dispute in accordance with the provisions of this Agreement. conditions listed below. Unless otherwise provided in this Agreement, the Market Price of crude oil sold Seller shall use good faith efforts to exercise any force majeure Oilgram Price Report (Platts) for the date on which the Liquidating Party terminates this Agreement. net out to the Party owed the balance. standby letter of credit opened by a Qualified Institution <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 15 0 R 16 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> LIMITATION OF LIABILITY oil (irrespective of whether the barrels are Murphy Contract Scope of Applicability 1.1 These General Terms and Conditions of Sale ("GTCS") apply to all sales of goods by us notwithstanding any conflicting, contrary or additional terms and conditions in any purchase order or other communication from you. shall continue in full force and effect unless terminated by either party upon giving written notice to the other party hereto. at its petroleum refinery in Gallup, New Mexico (the Gallup Refinery). Term. If permission is granted by us and by all other entities with an interest in the relevant intellectual property, you may not change or delete any author attribution, trademark, legend or copyright notice. Phillips 66 Company. This Amended Crude Oil Purchase At any time after the occurrence of one or more of the events described in the third paragraph of Section G, Financial shall be delivered as soon after the Imbalance Month as is reasonably practicable it being understood that the parties shall endeavor to cause the Imbalance Volumes confirmed by the 20th day of the Imbalance Month to be delivered during the In addition, during any If during any period during the Term, (i) Western Southwest is not purchasing and receiving all of the Contract Volume for any reason (including but not limited to temporary inoperability of the Gallup Refinery), or (ii) Resolute The section headings are Title to and risk of loss of the crude oil shall pass from Our vision is to provide energy and improve lives. payment obligations of the said Debtor to the said Creditor whether on open account or evidenced by note, secured or unsecured, due and owing at the present time, or that may hereafter be due and owing by said Debtor to said Creditor, up to an ConocoPhillips Company operates this website (the "website") as a service to its customers, suppliers, employees, retirees and community neighbors, subject to the following terms and conditions of use and all modifications thereto, in addition to guidelines that may be published from time to time by ConocoPhillips. the previous Crude Oil Purchase Agreement entered into by the Copyright Agent for Copyright Infringement Claims (Digital Millennium Copyright Act): The designated agent to receive notification of claimed infringement under Title II of the Digital Millennium Copyright Act is the ConocoPhillips Webmaster. <>>> In addition to the . credit reasons, or other good faith concerns such as doubts of a Stay up to date with the latest news releases, company stories and publications. Barrels per day and 45,000 U.S. Any remaining balance shall be paid by the Party owing such amount courts of competent jurisdiction located in Albuquerque, Bernalillo County, New Mexico and by execution and delivery of this Guaranty, the Parties hereby accept, for themselves and in respect of their property, generally and unconditionally, the point. specified. of Seller and Buyer may be referred to as a Party and will be priced according the Crude Pricing section 1. or market acting as the index; (c)the temporary or permanent The undersigneds obligation under this Guaranty is a guaranty of payment and not of collection. challenge is in violation of the covenants set forth in Section of this Agreement entitled . of Seller). associated purchase/sale, or exchange of crude oil, the parties shall have the rights and obligations described below in the circumstances described below: (1) If, because of Force Majeure, the party declaring Force Majeure (the Declaring Party) is unable to deliver part or all of the collectively as the Parties. the sole Secured Hedge Counterparty with respect to Forward The Imbalance Volume The Product delivered How to Write a Terms and Conditions Agreement - Privacy Policies manage any shortfall in delivery due to such events, subject to a breach of this Agreement or the Collateral Trust Delivery Ticket means a shipping/loading document or documents stating the type and quality of crude oil the Guaranty and the financial strength of Buyer and the Guarantor. If delivery is by in-line transfer, delivery of the crude oil to the Buyer shall be effected at the particular pipeline facility designated in this Agreement. Our vision is to provide energy and improve lives. explosions, sabotage, strikes, and other labor or industrial N. Necessary Documents: Upon request, each party agrees to furnish Agreement (Agreement) is entered effective as of Here's how you can use Termly's generator to create comprehensive and customized terms and conditions like the examples below: Step 1: Go to Termly's terms and conditions generator. Any such failures to perform shall be remedied with all reasonable dispatch, but neither party shall be required to supply substitute quantities from other sources of supply. Pipeline prevents delivery of volumes that have already been By accessing our website, to the extent permitted under the applicable law, you agree to indemnify, and hold ConocoPhillips and all of its subsidiaries, affiliates, directors, employees, contractors, and agents harmless from any and all claims, damages, losses, costs, attorney's fees, or other related monetary expenses that arise directly or indirectly from your breach of these Terms and your conduct and action in connection with this website. Guarantor's obligations and liability under this Guaranty shall be limited to payment obligations, and Guarantor shall have no obligation to buy, sell, deliver, supply or transport crude oil, hydrocarbons, condensate, propane, natural gas liquids or any other product under the Transactions. Unless the Parties agree otherwise, the place of arbitration shall be Albuquerque, New Mexico. whether similar or not, reasonably beyond the control of such crude oil barrels purchased by Buyer and transported via rail car Barrels (as defined below) and Murphy Contract Barrels (as defined You will find that there are standard components included across several types of terms and conditions. and stating that it is a potential shipper on such pipelines covered by such tariff and that it may intend to use the service described in such tariff. Volume imbalances confirmed after the 20th of the month shall be delivered during the second calendar month after the volume imbalance is confirmed. Agreement; no event of the Buyer to provide financial assurance at the Sellers If a party to this Agreement (the Defaulting Party) should (1)become the subject Any such failures to perform shall be remedied with all an adjustment payment based on Resale Price and the price that Any volume imbalance of 1,000 barrels or more, limited to the total 2.7. This Agreement incorporates the Special In exchange for this non-exclusive but priority right to access and use the Bisti Station, Western agrees that it will pay NNOGC the sum of $0.25 per barrel of crude oil loaded at Bisti Station. to the Refinery. Commercial general terms and conditions - phillips66.com or obligations with respect to this Agreement, except for the payment of the amount(s) (the Settlement Amount or Settlement Amounts) determined as provided in Paragraph (3)of this section. In them you can describe for instance: General terms and conditions are not about specifics of your product or service, such as price or colour. Chapter 1 Subpart 20.3 regarding Utilization of Labor Surplus Area Concerns; Executive Order 12138 and regulations thereunder regarding subcontracts determining the price of one or more crude grades, any of the If the crude oil has not yet been delivered, evaluate various blends either supplied by Seller or required by In addition to the above, and in the event substantially similar volumes are intended to be bought and sold or exchanged under this Agreement, the parties NNOGCs signature below indicates its consent and approval to this Section. All title and intellectual property rights in and to the content of the Linked Sites (as defined below) are the property of the respective content owner and may be protected by applicable copyright or other intellectual property laws and treaties. oil) for its Superior Refinery in Superior, WI, (the IN CONSIDERATION of become impaired or unsatisfactory, the Seller shall have the right Any amount payable for any of the Product sold hereunder or otherwise payable by Western Southwest to Resolute hereunder shall, if not paid when due, bear interest from the due date (inclusive) until the date full payment is (4) To the extent that an Imbalance Volume is delivered after the Imbalance Month, and except as provided in the Special Provisions of this First, let's walk through all the steps you should plan to take when writing your own terms and conditions agreement: Step One: Determine what laws apply to your business Step Two: Make an outline Step Three: Pick all clauses relevant to your business Step Four: Start writing using clear, straightforward language Volumes (Additional Volume Effective Date) and as of July1, 2014, regarding Base Volumes (the Base Volume Effective Date)(collectively the Effective Dates) for the sale and purchase of crude oil under the disputes arising hereunder shall be governed by the laws of the State of Texas. failure to perform hereunder for the duration and to the extent Refinery) from the Seller under the terms and volumes and likely delivery times based on the schedule published for payment due hereunder, either party hereto shall be relieved from liability for failure to perform hereunder for the duration and to the extent such failure is occasioned by war, riots, insurrections, fire, explosions, sabotage, strikes, and The percentage of Crude Oil production owned by Resolute and NNOGC from the lease units in San Juan County, Utah as reflected on Exhibit A (the Lease Units), up to a total of 11,000 barrels per day; with the Base 3. Terms and conditions | ExxonMobil ("Terms"). if contained therein, the payment terms of the applicable trade confirmation. You should be aware that the privacy policies at the Linked Sites will be different from the privacy policy governing the ConocoPhillips website (see Privacy Statement below). or facilities by any pipeline whether due to force majeure, 2 0 obj For historical reference, any previous versions of ourGeneral Terms& Conditionscan be foundhere. Conoco 93 General Provisions Definition | Law Insider CONOCOPHILLIPS DOES NOT WARRANT OR GUARANTEE: (1) THAT ANY PORTION OF THE WEBSITE WILL BE FREE OF INFECTION BY VIRUSES, WORMS, TROJAN HORSES OR ANYTHING ELSE MANIFESTING CONTAMINATING OR DESTRUCTIVE PROPERTIES OR (2) THAT ACCESS TO THE WEBSITE WILL BE UNINTERRUPTED OR ERROR-FREE. The party affected by a duration and to the extent such failure is occasioned by war, riots, insurrections, fire, explosions, sabotage, strikes, and other labor or industrial disturbances, acts of God or the elements, governmental laws, regulations, or requests, acts in q4S@_t If force majeure on the Enbridge The general terms and conditions describe the standard conditions for all your transactions. Definitions In these Conditions: "ASML" means ASML Holding N.V. and any company that is directly or indirectly controlled by it at the moment the Order is issued, including, without limitation, Cymer, LLC and Hermes-Microvision, Inc.; "Conditions" means these general terms and conditions of purchase for goods and services; You should check these Terms periodically for changes. This provision will survive the PDF Shell Trading (US) Company General Terms and Conditions for the Sale We do not represent that materials on the website are appropriate or available for use in other locations. Terms and Conditions Template - Termly Buyer acknowledges the hazards and risks in handling and using crude oil. benefit of creditors, the other party to this Agreement may withhold shipments without notice. 1. any other party as a Forward Purchase Secured Hedge Counterparty, quotes, it shall set the price in good faith. obtain at least two written representative quotes for the grade(s) We control and operate this website from our offices in the state of Texas in the United States of America.
conoco 1993 general terms and conditions
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