Common use of Purchase Volumes Clause in Contracts

Purchase Volumes. During each Year that this Contract is in effect, Seller shall sell and Deliver to the Companies, and the Companies shall purchase and receive from Seller: (a) […] (b) […] […] […] The volumes set forth herein shall apply for the Term of this Contract, and the annual volumes of Fuel to be sold and Delivered by Seller and to be Nominated, purchased and received by the Companies during the Term of this Contract shall remain as stated herein unless otherwise mutually agreed to in writing. Subject to availability and mutual agreement of the Parties, Seller will sell and Deliver and the Companies shall purchase and receive such additional volumes in excess of the maximum volumes set forth above for IFO and ULSD.

Appears in 2 contracts

Sources: Inter Island Supply Contract for Petroleum Fuels (Hawaiian Electric Co Inc), Inter Island Supply Contract for Petroleum Fuels (Hawaiian Electric Co Inc)