Common use of Neutral Clause in Contracts

Neutral. A neutral Person acceptable to all of the appointing Partners and not affiliated with any of the Partners, except where otherwise specifically provided. No Rebuilding Termination. A total termination of the Lease pursuant to Section 12(b) or 13 thereof. Nonconflicted General Partner. With respect to any Conflict Circumstance, any General Partner that is not the Conflicted General Partner with respect thereto. Non-Defaulting Partners. The Partners other than the Defaulting Partners. OCC. Occidental Chemical Corporation, a New York corporation.

Appears in 3 contracts

Sources: Partnership Agreement (Millennium Chemicals Inc), Limited Partnership Agreement (Occidental Petroleum Corp /De/), Limited Partnership Agreement (Lyondell Petrochemical Co)