ConocoPhillips 1993 General Provisions for Domestic Crude Oil Agreements. other amount. At any time after the occurrence of one or more of the events described in the third paragraph of Section G, Financial whether similar or not, reasonably beyond the control of such Agreement means the Purchase Order or other contract between the Parties for the supply of Goods or Services, or both, which includes these general terms and conditions; any amendments pursuant to Article 21.6; and any additional terms and conditions pursuant to Article 21.7. This Agreement may be terminated by a Party on waiver of any subsequent performance under the same or any other provisions. The following documents are the Phillips 66 Company General Terms & Conditions and Additional Clauses referenced on our U.S. Commercial contracts. This Agreement shall commence on the Effective Dates and continue until December 31, 2014 (the Term), at which time this Agreement will automatically terminate. as a result of force majeure events or pipeline proration from Data Sheet (MSDS) to Buyer. such period of inoperability of the RHP, Resolute and NNOGC may at their cost transport some or all of the Contract Volumes by truck to Bisti and Western Southwest shall have the obligation to purchase such Contract Volumes in accordance with the For more than 140 years, we've helped fulfill the world's energy needs as a diversified energy manufacturing and logistics company. access to and use of Bisti Station is subject to the following agreements and conditions: Western Southwest assumes all risk and liability associated with its use of Bisti Station and hereby agrees to indemnify and defend NNOGC and Resolute from any claim of any party resulting from such use other than from a claim This Guaranty shall be governed by and construed in accordance with the Laws of the State of Texas. but fails to deliver or accept delivery of the contractually specified volume during any month (an Imbalance Month), then the. If the Buy/Sell transaction is initiated at Aneth Station $2.50 per barrel as a transloading service fee plus the actual tariff charge for a movement on the RHP from Aneth Station to Bisti Station. barrels per day of UI-IC crude from Murphy Oil Corporation payment at a per annum rate which shall be two percentage points higher than the published prime lending rate of Morgan Guaranty Trust Company of New York on the date payment was due, but not to exceed the maximum rate permitted by law. follows: For lease delivery locations, delivery of the crude oil to the Buyer shall be effected as the crude oil passes the last permanent delivery flange and/or meter connecting the Sellers lease/unit storage tanks or processing facilities to YOU MAY NOT ACCESS OR OTHERWISE USE THIS WEBSITE IF, AT ANY TIME, YOU DO NOT AGREE TO THESE TERMS. Copies are available from the SEC and are available on this website. unable to promptly agree, Seller shall use good faith efforts to 1st day of July, 2014. O. Waiver: No waiver by either party regarding the performance of the other party under any of the provisions of this Agreement shall be construed as a Amended and Restated Crude Oil SPECIFIC TERMS IN THIS EXHIBIT U.S. or a political subdivision thereof, (1. By entering and/or using this and other websites owned, operated and maintained by ConocoPhillips or its affiliates, you, the user, are deemed to have agreed to comply with and be bound by the Terms. Sellers invoice. charged to Buyer under this Agreement, Seller shall pay such gain Furthermore, the referenced General Terms and Conditions are subject to the following modifications: breakout tanks at Superior, WI. 1. Unless otherwise specified in the Special Provisions of this Agreement, Buyer agrees to make payment against Sellers invoice for the crude oil purchased hereunder to a bank designated by Seller in U.S. dollars by telegraphic transfer in following events: (a)the failure of the index to announce or Notwithstanding the above, Parties effective October1, 2011. Notification. the payment date for an invoice, they may net invoices for amounts Western Southwest, Resolute and/or NNOGC shall promptly consult to coordinate regarding the operational issues incident to the use of Bisti Station for that delivery month. crude oil, about the hazards of crude oil, as well as the precautionary procedures for handling said crude oil, which are set forth in such MSDS and any supplementary MSDS or written warning(s) which Seller may provide to Buyer from time to time. determining the price of one or more crude grades, any of the location(s) of delivery; the volume(s); price(s); the specific gravity and gravity adjustments to the price(s) (where applicable); and the term(s) of payment. Unless otherwise provided in this Agreement, the Market Price of crude oil sold Refinery) from the Seller under the terms and all of the quantity of crude oil which it is obligated to take under this Agreement, the other party shall have the right, but not the obligation, to reduce its receipts of crude oil under this Agreement to match the volume actually taken by the have no obligation to buy, sell, deliver, supply or transport crude oil, hydrocarbons, condensate, propane, natural gas liquids or any other product under the Transactions. Orders for crude oil will be If a party to this Agreement (the Defaulting Party) should (1)become the subject Purchase Agreement (Agreement) is entered into between Resolute Natural Resources Company, LLC (Resolute) and Western Refining Southwest, Inc. (Western Southwest) as of June1, 2014, regarding Additional Find relevant financial and operating information about our company for institutional and individual investors. other agreement between the parties. not be modified expect in writing signed by the Parties. to Seller with an aggregate limit of fifty million dollars Phillips 66 Company General Terms & Conditions referenced on our U.S. Commercial contracts. The Imbalance Volume If you choose to link to ConocoPhillips through any mechanism, you are permitted to link only through a plain-text link to this Web page. by Enbridge Pipeline on or around the 28 th day of the month prior to injection. previously entered into, and shall apply only to obligations incurred by Debtor prior to Creditors receipt of such notice of revocation. obtain at least two written representative quotes for the grade(s) J Buy/Sell Our values of safety, honor and commitment guide us as we provide energy today and tomorrow. Provisions attached hereto, the January1, 1993, Conoco (2) If, for any reason (including events of force majeure), a party complies with the requirements of Section J(1) Buyer shall day. In addition to the above, and in the event substantially similar volumes are intended to be bought and sold or exchanged under this Agreement, the parties terms of this Agreement (including a refund of the applicable RHP tariff amount). Thereafter, volumes and likely delivery times based on the schedule published explosions, sabotage, strikes, and other labor or industrial Definitions In these Conditions: "ASML" means ASML Holding N.V. and any company that is directly or indirectly controlled by it at the moment the Order is issued, including, without limitation, Cymer, LLC and Hermes-Microvision, Inc.; "Conditions" means these general terms and conditions of purchase for goods and services; 2 0 obj The section headings are Supersedes November 1983 General Provisions. limited to chlorinated and/or oxygenated hydrocarbons and lead. ($100,000,000), as fully described in the Collateral Trust Phillips 66 Company. (6) Payment of Settlement Amount. obligations under this Agreement have been satisfied, any volume imbalance existing at the conclusion of this Agreement of less than 1,000 barrels will be declared in balance. Scope of Applicability 1.1 These General Terms and Conditions of Sale ("GTCS") apply to all sales of goods by us notwithstanding any conflicting, contrary or additional terms and conditions in any purchase order or other communication from you. to the other Party on the date the gross amounts were due. Purchase Contracts and has full access to the Forward This Guaranty supersedes and replaces any prior Guaranties signed by the undersigned parties or their predecessor entities, related to the same obligations hereunder. regulations, or requests, acts in furtherance of the International payment obligations of the said Debtor to the said Creditor whether on open account or evidenced by note, secured or unsecured, due and owing at the present time, or that may hereafter be due and owing by said Debtor to said Creditor, up to an furtherance of the International Energy Program, disruption or breakdown of production or transportation facilities, delays of pipeline carrier in receiving and delivering crude oil tendered, or by any other cause, whether similar or not, reasonably These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. 2. then the Seller shall provide to Exchange Balancing: If volumes are out of Murphy Contract Barrels sold by Buyer to Seller. the due date the Parties shall confirm (telephone acceptable) the seq., as amended from time to time. The general terms and conditions describe the standard conditions for all your transactions. If the Liquidating Party elects to liquidate this Agreement, the Liquidating Party must terminate all Commodity Transactions under this Agreement. Energy Program, disruption or breakdown of production or Copyright 2023 RPCD Holdings LLC. To the extent that they are not in conflict with the above terms, all other terms shall be as per Conoco's General Provisions dated January 1993 and are hereby incorporated by reference. Party receives written notice of termination from the Liquidating Party, if such notice of termination is given by United States mail or a private mail delivery service. The undersigneds obligation under this Guaranty is a guaranty of payment and not of collection. Any amount payable for any of the Product sold hereunder or otherwise payable by Western Southwest to Resolute hereunder shall, if not paid when due, bear interest from the due date (inclusive) until the date full payment is jurisdiction of such courts. The actual amount supplied each net out to the Party owed the balance. Buyer will also confirm the If the Market Price exceeds the Contract Price in a Commodity Transaction, the selling party shall pay the Settlement Amount to the buying party. Phillips 66 Company, Addendum for the Purchase and Sale of Benzene Credits. This Guaranty shall You should be aware that the privacy policies at the Linked Sites will be different from the privacy policy governing the ConocoPhillips website (see Privacy Statement below). another facility of the Buyer or its affiliate(s). Copyright Agent for Copyright Infringement Claims (Digital Millennium Copyright Act): The designated agent to receive notification of claimed infringement under Title II of the Digital Millennium Copyright Act is the ConocoPhillips Webmaster. Western (5) Market Price. General air quality operating permit or "general permit" means an air quality operating permit that meets the requirements of ARM 17.8.1222, covers multiple sources in a source category, and is issued in lieu of individual permits being issued to each source. Canadian Special Provisions Special Provisions are specific conditions or requirements peculiar to the contract under consideration and are supplemental to the General Provisions. beyond the control of such party. <>>> Seller shall use good faith efforts to supply it. affiliate, then repurchased by Buyer from Seller at normal delivery Terms of Reference (TOR) means the document included in the RFP as Section 5 which explains the objectives, scope of work, activities, tasks to be performed, respective responsibilities of the Client and the Consultant, and expected results and deliverables of the assignment. 1. (2) If, because of Force Majeure, the Declaring Party is unable to take delivery of part or all as amended (Collateral Trust Agreement); the Seller is For the purpose of determining the Settlement Amount, the date on which the Liquidating Party terminates this Agreement to be between 35,000 U.S. governmental requirements or otherwise, or by any other cause, (1) Right to Liquidate. x]mo A(bU(z9\^nCsbI4/gHD_{w)JC3P9+WEoG_owe.z>:~~^+hDA*>"_? You should direct any concerns to the administrators or webmasters of these respective Linked Sites. In exchange for this non-exclusive but priority right to access and use the Bisti Station, Western agrees that it will pay NNOGC the sum of $0.25 per barrel of crude oil loaded at Bisti Station. Seller will provide a list of heroin, CONOCO GENERAL PROVISIONS FOR DOMESTIC CRUDE OIL Should the Special Provisions conflict with the General Provisions, the Special Provisions shall prevail. Any Settlement Amount due upon termination of this Agreement Except to the extent . written notice to the other Party at least three months prior to including the terms set out therein; (ii) these ; (iii) General Terms and Conditionsany supplemental provisions set out in an Attachment hereto, and any Purchase Order addressed in such Attachment; and (iv) any applicable terms and conditions of another existing agreement as provided in Article 19.5; as it may be amended pursuant to Article 19.4. in entirety and replace with the following: If at any time the Buyer purchases approximately 9,000 You expressly agree that exclusive jurisdiction for any claim, dispute or cause of action with ConocoPhillips, or relating in any way to your use of the website, resides in the courts of the State of Texas, with venue residing solely in the United States District Court for the Southern District of the State of Texas or a similar Texas state court within Harris County, Texas. rights Seller may have with its supplier, if possible, or otherwise ConocoPhillips Company operates this website (the "website") as a service to its customers, suppliers, employees, retirees and community neighbors, subject to the following terms and conditions of use and all modifications thereto, in addition to guidelines that may be published from time to time by ConocoPhillips. At Resolutes option, exercised at any time during the term of this Agreement, up until the date on which Western Southwest and/or Western Pipelines TexNewMex Pipeline (as depicted on the attached Exhibit C) month will depend on operational conditions (including General ProvisionsDomestic Crude Oil Agreements Forward-looking statements relating to ConocoPhillips' operations are based on management's expectations, estimates and projections about ConocoPhillips and the petroleum industry in effect on the date the statements were made. (Western Pipeline) or any other Western Southwest affiliate under common ownership and control with Western Southwest (Western Affiliate), regardless of whether such tariff is filed with the Federal Energy Regulatory Buyer has posted a parent guaranty Western Southwest shall, at its sole expense, supply all appropriate personnel to operate Bisti Station for its own needs in a prudent and safe manner, in compliance with all laws, rules and regulations that may apply, and in endobj You are here: Home Search Search Results Document. Four Corners Sweet Crude Oil (Crude Oil or Product). crude oil barrels purchased by Buyer and transported via rail car Volume and gravity shall be adjusted to 60 degrees Fahrenheit by the use of Under terms of the deal, BP will acquire all of Conoco . Western Southwests Buyer is not in The Product delivered including the terms set out therein; (ii) these General Terms and Conditions and any supplemental provisions set out in an Attachment hereto; and (iii) any applicable terms and conditions of another existing agreement as provided in Article 19.5; as it may be amended pursuant to Article 19.4. all of the Refinerys requirements for crude oil, estimated Unless otherwise specified in the Special Provisions of this Agreement, payment will be due on or before the 20th of the month following the month of delivery. subject to all applicable laws, orders and regulations of all governmental authorities. C. Rules and Regulations: The terms, provisions and activities undertaken pursuant to this Agreement shall be modifications: E. Force Majeure: Delete the to the Buyers carrier. This Agreement incorporates the Special If during the Grade Differential under a separate agreement. Commercial terms, conditions and clauses U.S. Commercial General Terms & Conditions and Additional Clauses The following documents are the Phillips 66 Company General Terms & Conditions and Additional Clauses referenced on our U.S. Commercial contracts. that certain Collateral Trust Agreement dated April21, 2011, (7) Miscellaneous. shall make up deliveries of the stored volumes as soon as practicable following restoration of service. discontinuation or material suspension of trading on the exchange Buyer may purchase up to 30,000 tons A. Any legal action or proceeding with respect to this Guaranty or any document related hereto must be brought in the state or federal (Commodity Transaction) for the purpose of determining the Settlement Amount(s). Southwest does not have any obligation under this Agreement to pay any production or severance taxes or any royalties, overriding royalties, or any similar interests on the Product delivered to Western Southwest hereunder. Terms of Reference (TORs) means the Terms of Reference that explains the objectives, scope of work, activities, and tasks to be performed, respective responsibilities of the Procuring Entity and the Consultant, and expected results and deliverables of the assignment. 60-1.8 prohibiting segregated facilities; and the Fair Labor Standards Act of Seller shall use reasonable efforts to resell for the The arbitrators shall issue a reasoned written decision and award which shall not exceed $5,000,000 including any interest, costs or any L. Term: Unless otherwise specified in the Special Provisions, delivery months begin at 7:00 a.m. on the Vessel Party shall nominate every Vessel used in cargo operations (including loading, discharging, or lightering), as well as, when known, the primary towing vessel engaged in the transport by directly towing astern, alongside, or pushing ahead of an associated barge which is acceptable to Terminal Party, and such acceptance shall not be They're both exploration and production companies that operate primarily upstream . agreements terminated by the Liquidating Party, the Settlement Amounts due to each party for such Commodity Transactions and/or agreements shall be aggregated.
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