Common use of Buyer Planned Maintenance Turnarounds Clause in Contracts

Buyer Planned Maintenance Turnarounds. In the event of a planned shutdown at Buyer’s butadiene consuming facilities at the delivery locations listed in Section 6 of this Contract, Buyer reserves the option to cancel supply under this Contract at the affected site or sites in association with the shutdown period provided Buyer gives Seller at least twelve (12) months advance notification in writing of the planned shutdown period. The parties agree that any twelve (12) month notice provided under this section by Buyer is not binding and the shutdown notice is for planning purposes only and subject to adjustment by Buyer if it gives sixty (60) days notice prior to the planned shutdown date. Any subsequent quantities not delivered in association with the shutdown shall not be deducted from the annual quantity. In the event Seller and Buyer mutually agree to recover any lost volume, the Parties will develop a mutually acceptable schedule.

Appears in 3 contracts

Samples: Styron Europe GMBH (Styron Investment Holdings Ireland), Styron Europe GMBH (Styron Canada ULC), Styron Europe GMBH (Trinseo S.A.)

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Buyer Planned Maintenance Turnarounds. In the event of a planned shutdown at Buyer’s butadiene ethylene consuming facilities at the delivery locations listed in Section 6 of this ContractTerneuzen and Boehlen, Buyer reserves the option to cancel supply under this Contract at the affected site or sites in association with the shutdown period provided period; provided, that Buyer gives Seller at least twelve (12) months advance notification in writing of the planned shutdown period. The parties Parties agree that any twelve (12) month notice provided under this section by Buyer is not binding and the shutdown notice is for planning purposes only and subject to adjustment by Buyer if it gives sixty (60) days notice prior to the planned shutdown date. Any subsequent quantities not delivered in association with the shutdown shall not be deducted from the annual quantity. In the event Seller and Buyer mutually agree to recover any lost volume, the Parties will develop a mutually acceptable schedule.

Appears in 3 contracts

Samples: Styron Europe GMBH (Styron Canada ULC), Styron Europe GMBH (Styron Investment Holdings Ireland), Styron Europe GMBH (Trinseo S.A.)

Buyer Planned Maintenance Turnarounds. In the event of a planned shutdown at Buyer’s butadiene Benzene consuming facilities at the delivery locations listed in Section 6 of this Contract, Terneuzen or Boehlen. Buyer reserves the option to cancel supply under this Contract at the affected site or sites in association with the shutdown period provided period; provided, that Buyer gives Seller at least twelve (12) months advance notification in writing of the planned shutdown period. The parties Parties agree that any twelve (12) month notice provided under this section by Buyer is not binding and the shutdown notice is for planning purposes only and subject to adjustment by Buyer if it gives sixty (60) days notice prior to the planned shutdown date. Any subsequent quantities not delivered in association with the shutdown shall not be deducted from the annual quantity. In the event Seller and Buyer mutually agree to recover any lost volume, the Parties will develop a mutually acceptable schedule.

Appears in 2 contracts

Samples: Styron Europe GMBH (Styron Canada ULC), Styron Europe GMBH (Trinseo S.A.)

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Buyer Planned Maintenance Turnarounds. In the event of a planned shutdown at BuyerBuyers’s butadiene Benzene consuming facilities at the delivery locations listed in Section 6 of this Contract, Terneuzen or Boehlen. Buyer reserves the option to cancel supply under this Contract at the affected site or sites in association with the shutdown period provided period; provided, that Buyer gives Seller at least twelve (12) months advance notification in writing of the planned shutdown period. The parties Parties agree that any twelve (12) month notice provided under this section by Buyer is not binding and the shutdown notice is for planning purposes only and subject to adjustment by Buyer if it gives sixty (60) days notice prior to the planned shutdown date. Any subsequent quantities not delivered in association with the shutdown shall not be deducted from the annual quantity. In the event Seller and Buyer mutually agree to recover any lost last volume, the Parties will develop a mutually acceptable schedule.

Appears in 1 contract

Samples: Styron Europe GMBH (Styron Investment Holdings Ireland)

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