Common use of Open Positions Clause in Contracts

Open Positions. The Company and its Subsidiaries may maintain Open Positions relating to product inventory requirements that do not exceed 1,000,000 barrels.

Appears in 2 contracts

Samples: Credit Agreement (Transmontaigne Inc), Credit Agreement (Transmontaigne Inc)

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Open Positions. The Company and its Subsidiaries may maintain Open Positions relating to product inventory requirements that do not exceed 1,000,000 barrelsbarrels plus the Minimum Petroleum Products Inventory Requirements at any time.

Appears in 2 contracts

Samples: Credit Agreement (Transmontaigne Inc), Credit Agreement (Transmontaigne Inc)

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Open Positions. The Company and its Subsidiaries may shall maintain Open Positions relating to product inventory requirements that do not exceed 1,000,000 barrelsbarrels plus the Minimum Petroleum Products Inventory Requirements at any time.

Appears in 1 contract

Samples: Master Shelf Agreement (Transmontaigne Inc)

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