Common use of Odorization Clause in Contracts

Odorization. PENN OCTANE ACKNOWLEDGES AND AGREES THAT KOCH WILL NOT ----------- STENCH THE PROPANE SOLD HEREUNDER, AND THAT KOCH IS UNDER NO OBLIGATION, L▇▇▇▇ OR OTHERWISE, TO DO SO. TO THE FULLEST EXTENT PERMITTED BY LAW, PENN OCTANE AGREES TO INDEMNIFY AND HOLD HARMLESS KOCH AND ITS AFFILIATES FROM A▇▇ ▇GAINST ANY CLAIM, ACTION, CAUSE OF ACTION OR ADMINISTRATIVE OR ENFORCEMENT ACTION OF ANY KIND, OR ANY CLAIMED LIABILITY, LOSS, DAMAGE OR EXPENSE, ARISING OUT OF, RELATED TO, OR CONNECTED WITH THE LACK OF STENCHING OF THE PROPANE. Penn Octane hereby certifies that stenching or odorization of the Propane will (1) be harmful to its use or further processing; and (2) serves no useful purpose as a warning agent in such use or further processing. Penn Octane further represents and acknowledges that it is familiar with and knowledgeable of the legal requirements regarding odorization, and that Penn Octane will comply with all such requirements. Penn Octane grants to Koch the right, in its reasona▇▇▇ exercised discretion, to conduct such inquiries, audits, and other activities as may be reasonably necessary to verify the accuracy of the foregoing certifications and representations.

Appears in 1 contract

Sources: Product Sales Agreement (Penn Octane Corp)

Odorization. PENN OCTANE ACKNOWLEDGES AND AGREES THAT KOCH AT PENN ----------- OCTANE'S DIRECTION KHLP WILL NOT ----------- STENCH THE PROPANE SOLD HEREUNDER, AND THAT KOCH KHLP IS UNDER NO OBLIGATION, L▇▇▇▇ LEGAL OR OTHERWISE, TO DO SO. TO THE FULLEST EXTENT PERMITTED BY LAW, PENN OCTANE AGREES TO INDEMNIFY AND HOLD HARMLESS KOCH KHLP AND ITS AFFILIATES FROM A▇▇ ▇GAINST AND AGAINST ANY CLAIM, ACTION, . CAUSE OF ACTION OR ADMINISTRATIVE OR ENFORCEMENT ACTION OF ANY KIND, OR ANY CLAIMED LIABILITY, LOSS, DAMAGE OR EXPENSE, ARISING OUT OF, RELATED TO, OR CONNECTED WITH THE LACK OF STENCHING OF THE PROPANE. Penn Octane hereby certifies that stenching or odorization of the Propane will (1) be harmful to its use or further farther processing; and (2) serves no useful purpose as a warning agent in such use or further processing. Penn Octane further represents and acknowledges that it is familiar with and knowledgeable of the legal requirements regarding odorization, and that Penn Octane will comply with all such requirements. Penn Octane grants to Koch KHLP the right, in its reasona▇▇▇ reasonably exercised discretion, to conduct such inquiries, audits, and other activities as may be reasonably necessary to verify the accuracy of the foregoing certifications and representations.

Appears in 1 contract

Sources: Product Sales Agreement (Penn Octane Corp)