Common use of Termination Following a Force Majeure Event Clause in Contracts

Termination Following a Force Majeure Event. If a Force Majeure Event prevents Company or Customer from performing its respective obligations under the Schedule for a period of more than 12 consecutive Months, the Schedule, or to the extent the Force Majeure Event only affects a portion of the obligations under the Schedule, the portion of those obligations so affected, may be terminated by either Party at any time after the expiration of such 12-Month period upon at least 30 Days’ Notice to the other Party.

Appears in 2 contracts

Samples: Master Terminal Services Agreement (Valero Energy Partners Lp), Master Terminal Services Agreement (Valero Energy Partners Lp)

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Termination Following a Force Majeure Event. If a Force Majeure Event prevents Company or Customer from performing its respective obligations under the Schedule for a period of more than 12 consecutive Months, the Schedule, or to the extent the Force Majeure Event only 19 affects a portion of the obligations under the Schedule, the portion of those obligations so affected, may be terminated by either Party at any time after the expiration of such 12-Month period upon at least 30 Days’ Notice to the other Party.. Section 19.03

Appears in 1 contract

Samples: Master Terminal Services Agreement

Termination Following a Force Majeure Event. If a Force Majeure Event prevents Company Carrier or Customer Shipper from performing its respective obligations under the Schedule for a period of more than 12 consecutive Months, the Schedule, or to the extent the Force Majeure Event only affects a portion of the obligations under the Schedule, the portion of those obligations so affected, may be terminated by either Party at any time after the expiration of such 12-Month period upon at least 30 Days’ Notice to the other Party.

Appears in 1 contract

Samples: Transportation Services (Valero Energy Partners Lp)

Termination Following a Force Majeure Event. If a Force Majeure Event prevents Company Carrier or Customer Shipper from performing its respective obligations under the Schedule for a period of more than 12 consecutive Months, the Schedule, or to the extent the Force Majeure Event only affects a portion of the obligations under the Schedule, the portion of those obligations so affected, ,may be terminated by either Party at any time after the expiration of such 12-Month period upon at least 30 Days’ Notice to the other Party.

Appears in 1 contract

Samples: Transportation Services (Valero Energy Partners Lp)

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Termination Following a Force Majeure Event. If a Force Majeure Event prevents Company Carrier or Customer Shipper from performing its respective obligations under the Schedule for a period of more than 12 consecutive Months, the Schedule, or to the extent the Force Majeure Event only affects a portion of the obligations under the Schedule, the portion of those obligations so affected, ,may be terminated by either Party at any time after the expiration of such 12-Month period upon at least 30 Days’ Notice to the other Party.. Section 16.03

Appears in 1 contract

Samples: Master Transportation Services Agreement

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