Common use of Termination Charge Clause in Contracts

Termination Charge. In the event, as reflected on Schedule I, occupancy of the premises on which its terminal is located is on the basis of lease from public or private authority then cancellation or termination of the lease shall automatically terminate and cancel this Agreement contemporaneously and WESTWAY shall have no liability to CUSTOMER arising out of such termination, nor shall CUSTOMER have any liability to WESTWAY arising therefrom.

Appears in 5 contracts

Samples: Terminal Agreement (Westway Group, Inc.), Terminal Agreement (Renewable Energy Group, Inc.), Terminal Agreement Agreement (Soybean Processors LLC)

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