Refinery Procurement Contract definition

Refinery Procurement Contract means a procurement contract entered into by the Company with any Third Party Supplier for the purchase by the Company of Crude Oil, which Crude Oil is to be resold by the Company to ▇▇▇▇ at the time such Crude Oil passes the Crude Intake Point.
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Refinery Procurement Contract means a procurement contract entered into by the Company with any third party seller for the purchase by the Company of Crude Oil, which Crude Oil is to be resold by the Company to Aron at the time such Crude Oil passes the Crude Intake Point.
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Refinery Procurement Contract means a procurement contract entered into by the Company with any third party seller for the purchase by the Company of Crude Oil, which Crude Oil may be resold by the Company to Aron under an Aron Procurement Contract or delivered as Other Barrels.
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Examples of Refinery Procurement Contract in a sentence

  • With respect to any Confirmation issued by ▇▇▇▇ to the applicable Transaction Party in connection with a Refinery Procurement Contract, if ▇▇▇▇ does not receive from such Transaction Party either acceptance or notification of a bona fide error within two (2) Business Days after receipt of such Confirmation, then such Transaction Party shall be deemed to have accepted such Confirmation, and such Confirmation shall be effective and binding upon the Parties.

  • Each Letter of Credit Request shall be made by electronic mail in portable document format (.PDF) or other facsimile, shall be signed by an Authorized Officer, shall contain the related vessel name and quantity of Crude Oil inventory being shipped in the relevant cargo and attach a copy of the related L/C Eligible Refinery Procurement Contract and any other documentation relating to such cargo reasonably requested by said Letter of Credit Issuing Bank.

  • If any change occurs in the terms relating to quantity, pricing or delivery (including the timing of delivery) of a Refinery Procurement Contract that the applicable Transaction Party expects to procure for delivery during such Delivery Month, such Transaction Party shall promptly advise ▇▇▇▇ of such change.

  • Except as otherwise provided herein or in any of the other Operative Agreements, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law and may be deposited under such general conditions as may be prescribed by law, and neither Trust Company nor the Owner Trustee shall be liable for any interest thereon, except as may be agreed to in writing by the Owner Trustee or the Trust Company.

Related to Refinery Procurement Contract

  • Procurement Contract or “Contract” means any written agreement of the Authority for the acquisition of goods or services of any kind in the actual or estimated amount of $25,000, or more.

  • Project Contract means any Contract, excluding this Agreement and, as and when executed, the Ancillary Agreements [reserved], to which Seller is a party, or by which Seller or any of the Project Assets is bound, that relates to or has the primary purpose of supporting the Work or the Project, including, for the avoidance of doubt, any Contract pursuant to which Seller or any of its Affiliates is granted a real property or other interest in the Project Site (in whole or in part) or is licensed or granted the right to use, or holds or possesses, any Project Intellectual Property Rights.

  • Supply contract means a contract under which a lessor buys or leases goods to be leased.

  • Redevelopment Contract means this redevelopment contract between the Authority and Redeveloper with respect to the Project.

  • Motor carrier transportation contract means a contract, agreement, or understanding for any of the following: