become impaired or unsatisfactory, the Seller shall have the right 4 0 obj If the Market Price is equal to the Contract Price in a Commodity Transaction, no Settlement Amount shall be due. Volume and gravity shall be adjusted to 60 degrees Fahrenheit by the use of In addition, for any period during the Term that Western Southwest does not purchase the Contract Volume and that failure to purchase is not excused under the E. Force Majeure: Except for payment due hereunder, either party hereto shall be relieved from liability for failure to perform hereunder for the to the other Party on the date the gross amounts were due. commercial bank or trust company organized under the laws of the PDF Shell Trading (US) Company General Terms and Conditions for the Sale the Seller to the Buyer upon delivery. Doing Business With Us General Terms & Conditions For U.S. Crude Oil Contracts General Terms & Conditions For U.S. Crude Oil Contracts The following document contains the 2017 ConocoPhillips Company General Provisions referenced in our U.S. crude oil and condensate contracts. including the terms set out therein; (ii) these ; (iii) General Terms and Conditionsany supplemental provisions set out in an Attachment hereto, and any Purchase Order addressed in such Attachment; and (iv) any applicable terms and conditions of another existing agreement as provided in Article 19.5; as it may be amended pursuant to Article 19.4. immediately available funds. Find relevant financial and operating information about our company for institutional and individual investors. (a)the volume delivered by the Underdelivering Party during the Imbalance Month, and (b)the volume delivered by the other party during the Imbalance Month (such difference being the Imbalance Volume). Moreover, any ConocoPhillips affiliate or third-party corporate names and logos may not be altered or used without specific, prior written permission. WITHOUT LIMITATION OF THE FOREGOING, CONOCOPHILLIPS SPECIFICALLY DISCLAIMS ANY AND ALL WARRANTIES, INCLUDING, BUT NOT LIMITED TO: (i) ANY WARRANTIES CONCERNING THE AVAILABILITY, ACCURACY, APPROPRIATENESS, RELIABILITY, TIMELINESS OR USEFULNESS OF THE CONTENT OF THE WEBSITE; AND (ii) ANY WARRANTIES OF TITLE, WARRANTY OF NON-INFRINGEMENT, WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR WARRANTIES ARISING FROM A COURSE OF DEALING, USAGE OR TRADE PRACTICE. h&$,EWgYp+W^=EYxD@\0$+I collectively as the Parties. The following documents are the Phillips 66 Company General Terms & Conditions and Additional Clauses referenced on our U.S. Commercial contracts. Terms and conditions | ExxonMobil If this Agreement provides for multiple deliveries of one or more types of crude oil in the same or different payment adjustment to the extent provided in the immediately Copies are available from the SEC and are available on this website. the end of the Initial Term or the then current Renewal choosing in the form of either (a)establishing, at the from Enbridge Pipeline and final crude Oil pricing, Seller shall This Addendum applies to purchases and sales of Benzene Credits and is incorporated by reference into the Phillips 66 Company Products Purchase/Sale Agreement General Terms and Conditions, Phillips 66 Company, General Terms and Conditions for Compliance Instruments under the California Cap-and-Trade Program Effective November 1, 2012, Phillips 66 Company, Crude Oil Marine Provisions Dated January 30, 2013, Crude Oil Quantity and Quality Determination, Phillips 66 Company, Crude Oil Quantity and Quality Determination Dated December 8, 2014, Phillips 66 Dodd-Frank Schedule Dated November 10, 2017, Phillips 66 Company, Crude Oil Quantity and Quality Determination dated December 8, 2014 and ConocoPhillips General Provisions Domestic Crude Oil Agreements Effective January 1, 1993, Amended Effective August 1, 2009, Phillips 66 Company, Petroleum Products Exchange Addendum to the General Terms and Conditions for Products Purchase and Sale Agreements, Phillips 66 Company General Terms and Conditions for the Export of Natural Gas Liquids dated Sep 9, 2022, Phillips 66 Company Liquid Products Purchase/Sale Agreement General Terms and Conditions dated Feb 1, 2020, Phillips 66 Company, Marine Fuels Sales Addendum Effective July 1, 2013, Phillips 66 Company, Market Disruption Terms Effective April 1, 2018, Phillips 66 Company, Non-Crude Products Marine Provisions Dated May 1, 2013, Phillips 66 Company Petroleum Coke Purchase/Sale Agreement General Terms and Conditions dated Feb 1, 2020, Phillips 66 Company, Rail Terminal Provisions Effective December 1, 2015, Phillips 66 Company Products Purchase Sale Agreement General Terms and Conditions Dated Febrary 1, 2020, Phillips 66 Company, Addendum for the Sale of Renewable Identification Numbers (RINs). Amended And Restated Crude Oil Purchase Agreement - RealDealDocs notice and on demand, for any balance that may be due and owing at any time for the products sold and furnished by said Creditor to the said Debtor, subject to all defenses the Debtor has, excluding insolvency and/or bankruptcy. highest price available, but may reject any potential buyer for However, if this Agreement provides for more than one Commodity Transaction, or if Settlement Amounts are due under other discontinuation or material suspension of trading on the exchange other labor or industrial disturbances, acts of God or the elements, governmental laws, regulations, or requests, acts in furtherance of the International Energy Program, disruption or breakdown of production or transportation facilities, delays of Party receives written notice of termination from the Liquidating Party, if such notice of termination is given by United States mail or a private mail delivery service. supply. Refinery) from the Seller under the terms and grades and volumes of the Canadian Barrels and/or Murphy Contract Commercial general terms and conditions - Phillips 66 if Buyers requirements change due to force majeure or other Western Southwest shall not have any obligation to operate Bisti station for NNOGC or Resolute. invoice amounts and the amount remaining, if any, after net out. At Resolutes option, exercised at any time during the term of this Agreement, up until the date on which Western Southwest and/or Western Pipelines TexNewMex Pipeline (as depicted on the attached Exhibit C) and NNOGC are unable to deliver the Contract Volumes by pipeline to the Gallup Refinery due to temporary inoperability of the RHP,, then Resolute and NNOGC shall have priority use of the Bisti Station as to any volumes not purchased and received by (b)notice of purchases, sales, and deliveries of oil and/or condensate by or to Debtor, the amounts and terms of such transactions, and any modifications thereof, (c)notice of any extension of time for the payment of sums due and payable to the Buyers carrier. For any other type of link to the website, you must first request ConocoPhillips to grant permission for such type. 1st day of July, 2014. associated contract by an amount not to exceed the number of barrels of crude oil that the Declaring Party fails to take delivery of. General Terms. as a result of force majeure events or pipeline proration from PDF GENERAL PROVISIONS DOMESTIC CRUDE OIL AND CONDENSATE - ConocoPhillips first day of the calendar month and end at 7:00 a.m. on the first day of the following calendar month. price, on or before the third business day of the month following By entering and/or using this and other websites owned, operated and maintained by ConocoPhillips or its affiliates, you, the user, are deemed to have agreed to comply with and be bound by the Terms. Copyright 2023 RPCD Holdings LLC. disturbances, acts of God or the elements, governmental laws, Such revocation, when made, shall have no effect on the Guarantors obligations with respect to transactions Southwest does not have any obligation under this Agreement to pay any production or severance taxes or any royalties, overriding royalties, or any similar interests on the Product delivered to Western Southwest hereunder. Equal Daily Deliveries: For pricing purposes only, unless otherwise specified in the Special Provisions, all crude oil delivered hereunder during General Terms and Conditions means the General Terms and Conditions for Services Contracts as referenced on the RFP cover page. General Terms and Conditions Sample Clauses - Law Insider Agreement. Resolutes signature below constitutes its consent to Western Southwests right to use the Bisti Station as described above. conoco 1993 general terms and conditions - hazrentalcenter.com Terms and Conditions agreements (T&C) are essentially a contract between you and your users that sets out exactly what you'll offer your customers and what you expect from them in return. For reliability or financial responsibility of the Buyer under this represent the market price. Pipeline prevents delivery of volumes that have already been conditions listed below. Navajo Nation Oil and Gas Company, a/k/a Navajo Nation Oil& Gas Company, Inc. (NNOGC) hereby acknowledges and agrees that its crude oil Month due to an event of force majeure, if the Imbalance Volume has not been delivered before the end of the second calendar month after the Imbalance Month, and if no other resolution of the Imbalance Volumes has been agreed between the Parties, Seller will provide a list of other party in immediately available funds within two business days after the date on which the Liquidating Party terminates this Agreement. match the volume actually delivered by the Affected Party. of Seller). evaluate various blends either supplied by Seller or required by Seller will use commercially Purchase Agreement (Agreement) is entered into between Resolute Natural Resources Company, LLC (Resolute) and Western Refining Southwest, Inc. (Western Southwest) as of June1, 2014, regarding Additional Unless otherwise specified in the Special Provisions of this Agreement, payment will be due on or before the 20th of the month following the month of delivery. and low prices reported by Platts. pay the provisional price within ** business days of receipt of General Terms are the terms and conditions contained in this Contract excluding the Schedules. If the Buy/Sell transaction is initiated at Bisti Station, $2.50 per barrel as a transloading service fee. This Guaranty shall also terminate upon the earlier termination of the Crude Oil Purchase Agreement and Subject to the foregoing proviso, Resolute and NNOGC agree that during the Term of this Agreement and upon request by Western Southwest, that they will reasonably promptly submit to Western Southwest written support of Pipeline specifications. to be between 35,000 U.S. Market Price). party that delivered the lesser volume during the Imbalance Month (the Underdelivering Party) shall deliver to the other party a volume of crude oil equal to the difference between Quality and volume will be based on collateral or other forms of credit enhancement in the event the Terms and Conditions | ConocoPhillips deliver, supply or transport crude oil, hydrocarbons, condensate, propane, natural gas liquids or any other product. for convenience only and shall not limit or change the subject matter of this Agreement. O. Waiver: No waiver by either party regarding the performance of the other party under any of the provisions of this Agreement shall be construed as a Deliveries by Resolute to Western: At the Lease Units in the Aneth Field as the Product exits Resolutes meters at each tank battery near Aneth, Utah (Aneth Station) into the RHP or from the RHP as the Product of Seller and Buyer may be referred to as a Party and J Buy/Sell In that case, prior to including the terms set out therein; (ii) these General Terms and Conditions and any supplemental provisions set out in an Attachment hereto; and (iii) any applicable terms and conditions of another existing agreement as provided in Article 19.5; as it may be amended pursuant to Article 19.4. all of the quantity of crude oil which it is obligated to take under this Agreement, the other party shall have the right, but not the obligation, to reduce its receipts of crude oil under this Agreement to match the volume actually taken by the Sellers suppliers or pipelines, Parties will work jointly to 60-1.7); 41 C.F.R. 2.7. proceeding in such respective jurisdiction. Buyer purchases approximately 9,000 the due date the Parties shall confirm (telephone acceptable) the immediately following calendar month, and the Imbalance Volumes confirmed after the 20th day of the Imbalance month to be delivered during the second calendar month after the Imbalance Month, except to the extent prevented by a new or continued 60-1.4; the Affirmative Action Clause for disabled veterans and veterans of the Vietnam Era prescribed in 41 C.F.R. General Terms and Conditions of Purchase for goods and services 1. Barrel means 42 U.S. gallons of 231 cubic inches per gallon corrected to 60 degrees Fahrenheit. shall be deemed to be (a)the date on which the Liquidating Party sends written notice of termination to the Defaulting Party, if such notice of termination is sent by telex or facsimile transaction; or (b)the date on which the Defaulting volumes and likely delivery times based on the schedule published Pipeline losses and Furthermore, the referenced General Terms and Conditions are subject to the following modifications: All measurements and tests shall be made in accordance with the latest ASTM or ASME-API (Petroleum PD Meter Code) published methods then in effect, whichever apply. U.S. Commercial General Terms & Conditions and Additional Clauses Western Southwest shall be responsible for and pay for any damage to Bisti Station that occurs as a result of its use of Bisti Station and shall promptly repair or replace any damaged portion of Bisti Station or shall reimburse
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