substitute quantities from other sources of supply. Refinery) from the Seller under the terms and Responsibility, the other party to the Agreement (the Liquidating Party) shall have the right, at its sole discretion, to liquidate this Agreement by terminating this Agreement. this Agreement. Barrel means 42 U.S. gallons of 231 cubic inches per gallon corrected to 60 degrees Fahrenheit. Each party may offset any payments or deliveries due to the other party under this or any and low prices reported by Platts. Seller that: as of the date default has occurred under the Collateral Trust Agreement; General Terms. pipeline carrier in receiving and delivering crude oil tendered, or by any other cause, whether similar or not, reasonably beyond the control of such party. Unless otherwise provided in this Agreement, the Market Price of crude oil sold Commercial general terms and conditions General Terms & Conditions Archive NOTICE: This page is best viewed using Google Chrome or Microsoft Edge. Guarantor shall have no obligation to buy, sell, (b)notice of purchases, sales, and deliveries of oil and/or condensate by or to Debtor, the amounts and terms of such transactions, and any modifications thereof, (c)notice of any extension of time for the payment of sums due and payable (b)the failure of trading to commence or the permanent Any Settlement Amount due upon termination of this Agreement Only if you obtain prior written consent from us and from all other entities with an interest in the relevant intellectual property may you publish, copy, display or commercially exploit any material from the website. shall be delivered as soon after the Imbalance Month as is reasonably practicable it being understood that the parties shall endeavor to cause the Imbalance Volumes confirmed by the 20th day of the Imbalance Month to be delivered during the temporary or permanent closing of any exchange acting as the index; Invoice means a statement setting forth at least the following information: The date(s) of delivery under the transaction; the Appendix A. Supersedes November 1983 General Provisions. Commercial general terms and conditions - Phillips 66 quotes, it shall set the price in good faith. This Agreement incorporates the Special U.S. Commercial General Terms & Conditions and Additional Clauses California Transparency in Supply Chains Disclosure (SB 657). Event means, with respect to an index specified for month of delivery. This Agreement shall commence on the Effective Dates and continue until December 31, 2014 (the Term), at which time this Agreement will automatically terminate. Thereafter, Our vision is to provide energy and improve lives. You must abide by all additional copyright notices or other restrictions contained on the website. IN CONSIDERATION of Please note that your use of the website may be subject to other local, state, national and international laws. below) will be sold by Buyer to Seller or to Sellers In them you can describe for instance: General terms and conditions are not about specifics of your product or service, such as price or colour.