Common use of Supplemental Quantities Clause in Contracts

Supplemental Quantities. From time to time, unless otherwise directed by ▇▇▇▇ under the Alon USA Supply and Offtake Agreement, and provided no Default or Event of Default has occurred and is continuing under this Agreement, Alon USA may withdraw quantities of Crude Oil from the BSR Crude Storage Tanks through the Alternate Delivery Point for Eastbound Shipment or receive quantities of Crude Oil into the BSR Crude Storage Tanks through the Alternate Delivery Point from Westbound Shipment. In each case, the quantity of Crude Oil withdrawn or received shall be deemed to equal the quantity reported by SPLP as having been injected or delivered at the Supplemental Injection Point based on readings of SPLP’s custody transfer meter (each such quantity, a “Supplemental Quantity”). Once any Crude Oil is injected into the Supplemental Pipeline, such Crude Oil shall constitute Supplemental Material for purposes hereof. Each Supplemental Quantity shall be the amount reported by SPLP, which amounts shall be reported as positive numbers and shall indicate for each Supplemental Quantity whether it is an Eastbound Shipment or a Westbound Shipment.

Appears in 1 contract

Sources: Supply and Offtake Agreement (Delek US Holdings, Inc.)

Supplemental Quantities. From time to time, unless otherwise directed by ▇▇▇▇ under the Alon USA Supply and Offtake Agreement, and provided no Default or Event of Default has occurred and is continuing under this the Supply and Offtake Agreement, Alon USA may withdraw quantities of Crude Oil from the BSR Crude Storage Tanks through the Alternate Delivery Point for Eastbound Shipment or receive quantities of Crude Oil into the BSR Crude Storage Tanks through the Alternate Delivery Point from Westbound Shipment. In each case, the quantity of Crude Oil withdrawn or received shall be deemed to equal the quantity reported by SPLP as having been injected or delivered ejected at the Supplemental Injection Point based on readings of SPLP’s custody transfer meter (each such quantity, a an “Supplemental Quantity”). Once any Crude Oil is injected into the Supplemental Pipeline, such Crude Oil shall constitute Supplemental Material for purposes hereof. Each Supplemental Quantity shall be the amount reported by SPLP, which amounts shall be reported as positive numbers and shall indicate for each Supplemental Quantity whether it is an Eastbound Shipment or a Westbound Shipment.

Appears in 1 contract

Sources: Supply and Offtake Agreement (Alon USA Energy, Inc.)

Supplemental Quantities. From time to time, unless otherwise directed by ▇▇▇▇ under the Alon USA Supply and Offtake Agreement, and provided no Default or Event of Default has occurred and is continuing under this the Supply and Offtake Agreement, Alon USA may withdraw quantities of Crude Oil from the BSR Crude Storage Tanks through the Alternate Delivery Point for Eastbound Shipment or receive quantities of Crude Oil into the BSR Crude Storage Tanks through the Alternate Delivery Point from Westbound Shipment. In each case, the quantity of Crude Oil withdrawn or received shall be deemed to equal the quantity reported by SPLP as having been injected or delivered ejected at the Supplemental Injection Point based on readings of SPLP’s 's custody transfer meter (each such quantity, a an “Supplemental Quantity”). Once any Crude Oil is injected into the Supplemental Pipeline, such Crude Oil shall constitute Supplemental Material for purposes hereof. Each Supplemental Quantity shall be the amount reported by SPLP, which amounts shall be reported as positive numbers and shall indicate for each Supplemental Quantity whether it is an Eastbound Shipment or a Westbound Shipment.

Appears in 1 contract

Sources: Supply and Offtake Agreement (Alon USA Energy, Inc.)