Excess Inventory Levels. 6.4.1 If DCR intends to designate an Excess Inventory Level for any whole or partial month for any Product Group, then DCR shall use commercially reasonable efforts to notify Xxxx of DCR’s intention prior to the Target Cutoff Date for such whole or partial month. If DCR fails to provide such notice in a timely manner, it shall not be entitled for that whole or partial month to designate an Excess Inventory Level for the relevant Product Group and Sections 6.4.4 and 6.4.5 shall apply.
Appears in 3 contracts
Samples: Inventory Intermediation Agreement (PBF Finance Corp), Inventory Intermediation Agreement (PBF Energy Inc.), Inventory Intermediation Agreement (PBF Holding Co LLC)
Excess Inventory Levels. 6.4.1 If DCR intends to designate an Excess Inventory Level for any whole or partial month for any Product Group, then DCR shall use commercially ny-1664023 reasonable efforts to notify Xxxx of DCR’s intention prior to the Target Cutoff Date for such whole or partial month. If DCR fails to provide such notice in a timely manner, it shall not be entitled for that whole or partial month to designate an Excess Inventory Level for the relevant Product Group and Sections 6.4.4 and 6.4.5 shall apply.
Appears in 1 contract
Samples: Inventory Intermediation Agreement (PBF Energy Co LLC)
