Common use of Designated Assignment Clause in Contracts

Designated Assignment. For a period from and including the Commencement Date to the Expiration Date (the “Designation Period”), the Company hereby assigns to X. Xxxx all of the Company’s rights to use, hold Crude Oil and Products in, and transport Crude Oil and Products through, the Storage Facilities pursuant to this Agreement, subject to additional terms and conditions of this Section 28. During the Designation Period, the Partnership Parties shall note in their records and account separately for X. Xxxx’x ownership of Crude Oil and Products held in or transported through the Pipelines and Storage Facilities (collectively, the “X. Xxxx Materials”) until such time as X. Xxxx shall notify the Partnership Parties in writing that ownership in such X. Xxxx Materials has been transferred from X. Xxxx to the Company, it being the intention that the Partnership Parties shall not be required to recognize any other transfers of ownership of any X. Xxxx Materials (other than transfers from X. Xxxx to the Company) unless such transfer and recognition are agreed to in writing by the Partnership Parties in their reasonable discretion. The Company shall act as X. Xxxx’x sole agent for all purposes of this Agreement, and the Partnership Parties shall be entitled to follow the Company’s instructions with respect to all X. Xxxx Materials that are transported, stored or handled by the Partnership Parties pursuant to this Agreement unless and until the Partnership Parties are notified by X. Xxxx in writing that the Company is no longer authorized to act as X. Xxxx’x agent, in which case the Partnership Parties shall thereafter follow the instructions of X. Xxxx (or such other agent as X. Xxxx may appoint) with respect to all X. Xxxx Materials that are transported, stored or handled by the Partnership Parties pursuant to this Agreement. All volumes shipped by X. Xxxx will be taken into account in the determination of whether the Company has satisfied its Minimum Throughput Commitment.

Designated Assignment. For a period from and including the Commencement Date to the Expiration Date (the “Designation Period”), the Company hereby assigns to X. Xxxx all of the Company’s rights to use, hold Crude Oil and the Products in, and transport Crude Oil and the Products through, the Storage Facilities Terminal pursuant to this Agreement, subject to additional terms and conditions of this Section 28. During the Designation Period, the Partnership Parties Operator shall note in their its records and account separately for X. Xxxx’x ownership of Crude Oil and the Products held in or transported through the Pipelines and Storage Facilities Terminal (collectively, the “X. Xxxx MaterialsProducts”) until such time as X. Xxxx shall notify the Partnership Parties Operator in writing that ownership in such X. Xxxx Materials Products has been transferred from X. Xxxx to the Company, it being the intention that the Partnership Parties Operator shall not be required to recognize any other transfers of ownership of any X. Xxxx Materials Products (other than transfers from X. Xxxx to the Company) unless such transfer and recognition are agreed to in writing by the Partnership Parties Operator in their its reasonable discretion. The Company shall act as X. Xxxx’x sole agent for all purposes of this Agreement, and the Partnership Parties Operator shall be entitled to follow the Company’s instructions with respect to all X. Xxxx Materials Products that are transported, stored or handled by the Partnership Parties Operator pursuant to this Agreement unless and until the Partnership Parties are Operator is notified by X. Xxxx in writing that the Company is no longer authorized to act as X. Xxxx’x agent, in which case the Partnership Parties Operator shall thereafter follow the instructions of X. Xxxx (or such other agent as X. Xxxx may appoint) with respect to all X. Xxxx Materials Products that are transported, stored or handled by the Partnership Parties Operator pursuant to this Agreement. All volumes shipped throughput by X. Xxxx will be taken into account in the determination of whether the Company has satisfied its Minimum Throughput Commitment.

Designated Assignment. For a period from and including the Commencement Effective Date to the Expiration Date (the “Designation Period”), the Company Customer hereby assigns to X. Xxxx all of the CompanyCustomer’s rights to use, hold Crude Oil and Products in, and transport Crude Oil and Products through, the Storage Asphalt Facilities pursuant to this Agreement, subject to additional terms and conditions of this Section 28Article XXVI. During the Designation Period, the Partnership Parties Owner shall note in their its records and account separately for X. Xxxx’x ownership of Crude Oil and Products held in or transported through the Pipelines and Storage Asphalt Facilities (collectively, the “X. Xxxx Materials”) until such time as X. Xxxx shall notify the Partnership Parties Owner in writing that ownership in such X. Xxxx Materials has been transferred from X. Xxxx to the CompanyCustomer, it being the intention that the Partnership Parties Owner shall not be required to recognize any other transfers of ownership of any X. Xxxx Materials (other than transfers from X. Xxxx to the CompanyCustomer) unless such transfer and recognition are agreed to in writing by the Partnership Parties Owner in their its reasonable discretion. The Company Customer shall act as X. Xxxx’x sole agent for all purposes of this Agreement, and the Partnership Parties Owner shall be entitled to follow the CompanyCustomer’s instructions with respect to all any X. Xxxx Materials that are transported, stored or handled by the Partnership Parties Owner pursuant to this Agreement unless and until the Partnership Parties are Owner is notified by X. Xxxx in writing that the Company Customer is no longer authorized to act as X. Xxxx’x agent, in which case the Partnership Parties Owner shall thereafter follow the instructions of X. Xxxx (or such other agent as X. Xxxx may appoint) with respect to all X. Xxxx Materials that are transported, stored or handled by the Partnership Parties Owner pursuant to this Agreement. All volumes shipped by X. Xxxx will be taken into account in the determination of whether the Company Customer has satisfied its Minimum Throughput Commitment.

Designated Assignment. For a period from and including the Commencement Date to the Expiration Date (the “Designation Period”), the Company Customer hereby assigns to X. Xxxx all of the CompanyCustomer’s rights to use, hold Crude Oil and Products Materials in, and transport Crude Oil and Products Materials through, the Storage Facilities Assets pursuant to this Agreement, subject to additional terms and conditions of this Section 28Article XXVII. During the Designation Period, the Partnership Parties Owner shall note in their its records and account separately for X. Xxxx’x ownership of Crude Oil and Products Materials held in or transported through the Pipelines and Storage Facilities Assets (collectively, the “X. Xxxx Materials”) until such time as X. Xxxx shall notify the Partnership Parties Owner in writing that ownership in such X. Xxxx Materials has been transferred from X. Xxxx to the CompanyCustomer, it being the intention that the Partnership Parties Owner shall not be required to recognize any other transfers of ownership of any X. Xxxx Materials (other than transfers from X. Xxxx to the CompanyCustomer) unless such transfer and recognition are agreed to in writing by the Partnership Parties Owner in their its reasonable discretion. The Company Customer shall act as X. Xxxx’x sole agent for all purposes of this Agreement, and the Partnership Parties Owner shall be entitled to follow the CompanyCustomer’s instructions with respect to all any X. Xxxx Materials that are transported, stored or handled by the Partnership Parties Owner pursuant to this Agreement unless and until the Partnership Parties are Owner is notified by X. Xxxx in writing that the Company Customer is no longer authorized to act as X. Xxxx’x agent, in which case the Partnership Parties Owner shall thereafter follow the instructions of X. Xxxx (or such other agent as X. Xxxx may appoint) with respect to all X. Xxxx Materials that are transported, stored or handled by the Partnership Parties Owner pursuant to this Agreement. All volumes shipped by X. Xxxx will be taken into account in the determination of whether the Company Customer has satisfied its Minimum Throughput Commitment.