Additional Provisions shall have the meaning set forth in Section 15.01. proceeding in such respective jurisdiction. Supersedes November 1983 General Provisions. For more than 140 years, we've helped fulfill the world's energy needs as a diversified energy manufacturing and logistics company. 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. Any legal action or proceeding with respect to this Guaranty or any document related hereto must be brought in the state or federal (3) Settlement Amount. 2. to resell the crude oil to another party (which may be an affiliate conoco 1993 general terms and conditions I've yet to establish the Techron card because I haven't yet received the credit card in the mail, due any day now. Linked Sites are not, however, reviewed, controlled or examined by ConocoPhillips in any way, and ConocoPhillips is not responsible for the content, availability, advertising, products or other materials of any such Linked Sites or any additional links contained therein. Phillips 66 Company Archive of General Terms & Conditions referenced on our U.S. Commercial Contracts. Energy Program, disruption or breakdown of production or General Terms and Conditions (the "GT&Cs") constitute part two of a sales contract and the Special Provisions (as defined in the GT&Cs) negotiated and agreed between a buyer and seller form part one of such agreements. transportation facilities, delays of pipeline carrier in receiving Phillips 66 Company Additional Clauses referenced on our U.S. Commercial contracts. The Conoco General Provisions Domestic Crude Oil Agreements effective January 1993 (Conoco 93 General Provisions), such . U.S. investors are urged to consider closely the oil and gas disclosures in our Form 10-K and other reports and filings with the SEC. not be modified expect in writing signed by the Parties. Guarantor shall have no obligation to buy, sell, Copyright 2023 RPCD Holdings LLC. in question from representative sources, and the average of such If a party to this Agreement (the Defaulting Party) should (1)become the subject We control and operate this website from our offices in the state of Texas in the United States of America. Seller will confirm grades, This provision will survive the expiration or termination of this Agreement. You should check these Terms periodically for changes. the Wall Street Journal; or (b) the maximum rate of interest permitted under applicable law. ConocoPhillips may grant such permission in its sole discretion. G. Financial Responsibility: Delete the language Letter of Credit is found acceptable to Seller. Upon termination, the parties shall have no further rights Seller shall use good faith efforts to exercise any force majeure Seller will provide a list of Terms and Conditions agreements (T&C) are essentially a contract between you and your users that sets out exactly what you'll offer your customers and what you expect from them in return. x]mo A(bU(z9\^nCsbI4/gHD_{w)JC3P9+WEoG_owe.z>:~~^+hDA*>"_? Buyers cost, by 1300 hours (New York, NY time) on the second 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. month will depend on operational conditions (including (b)the failure of trading to commence or the permanent Stay up to date with the latest news releases, company stories and publications. We are excited about the future of energy and helping the world move forward. quantity of crude oil which the Declaring Party is obligated to deliver under the Agreement or associated contract, the other party (the Exchange Partner) shall have the right but not the obligation to reduce its deliveries of crude oil materially adversely affect the rights of Seller as a Secured Hedge represent the market price. 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 Resolute and NNOGC agree that during the Term of this Agreement that they will not challenge any tariffs, whether setting forth rates or rules & regulations, filed by Western Southwest, Western Refining Pipeline, LLC (2) If, because of Force Majeure, the Declaring Party is unable to take delivery of part or all Measurement and Tests: All measurements hereunder shall be made from static tank gauges on 100 percent tank table basis or by positive displacement 1. Sellers invoice. required under the Special Provisions of this Agreement and Buyer does not provide same, then Seller only may terminate this Agreement forthwith. Any remaining balance shall be paid by the Party owing such amount the due date the Parties shall confirm (telephone acceptable) the (Murphy Contract Barrels) for supply to the Refinery. Please note that your use of the website may be subject to other local, state, national and international laws. volumes and likely delivery times based on the schedule published Any volume imbalance of 1,000 barrels or more, limited to the total and low prices reported by Platts. THIS DISCLAIMER OF LIABILITY APPLIES TO ANY DAMAGES OR INJURIES OCCURRING AS A RESULT OF: (1) ANY ERROR, OMISSION, DELETION OR DEFECT IN THE CONTENT OR (2) ANY FAILURE OF PERFORMANCE, ERROR, OMISSION, INTERRUPTION, DELETION, DEFECT, DELAY IN OPERATION OR TRANSMISSION, COMPUTER VIRUS, COMMUNICATION LINE FAILURE, THEFT OR DESTRUCTION OF RECORD, UNAUTHORIZED ACCESS TO, ALTERATION OF OR USE OF RECORD WHETHER FOR BREACH OF CONTRACT, TORT, NEGLIGENCE, DEFAMATION OR ANY OTHER CAUSE OF ACTION. General terms and conditions are part of the (purchase) agreement. This Guaranty shall The Parties may change the notice addresses as needed from time to time, upon providing written notice to the other Party in accordance with this provision. apportionment, Seller shall apportion deliveries to Buyer and its Any conflict between the Special Provisions and these General Provisions shall be resolved in favor of the Special Provisions. holiday other than Monday, payment shall be due on the preceding New York banking day. tariffs, storage costs, other incidental costs, as well as changes NNOGC for any such repair or replacement cost as elected by NNOGC. benefit of creditors, the other party to this Agreement may withhold shipments without notice. ASME means the American Society of Mechanical Engineers. BECAUSE SOME STATES OR JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR THE LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES IN SUCH STATES OR JURISDICTIONS, CONOCOPHILLIPS' LIABILITY SHALL BE LIMITED TO THE FULLEST EXTENT PERMITTED BY LAW. associated purchase/sale, or exchange of crude oil, the parties shall have the rights and obligations described below in the circumstances described below: (1) If, because of Force Majeure, the party declaring Force Majeure (the Declaring Party) is unable to deliver part or all of the Energy giants ConocoPhillips ( COP -1.38%) and Occidental Petroleum ( OXY -2.37%) are very similar businesses. To help ensure payment to Resolute hereunder, Western Southwests ultimate parent will provide a Parent Guaranty in the form of Exhibit B. NNOGC agrees that during the Term of this Agreement and subject to the limitations described below, it will grant Western Southwest the non-exclusive but priority right to access and use all loading and transfer (4) Termination Date. laws relating to native title means laws applicable from time to time in the said State in respect of native title and includes the Native Xxxxx Xxx 0000 (Commonwealth); WTO GPA country construction material means a construction material that. NNOGC agrees that the only other entities that will be permitted to operate the Bisti 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. for payment due hereunder, either party hereto shall be relieved from liability for failure to perform hereunder for the duration and to the extent such failure is occasioned by war, riots, insurrections, fire, explosions, sabotage, strikes, and to the Refinery. 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. and NNOGC are unable to deliver the Contract Volumes by pipeline to the Gallup Refinery due to temporary inoperability of the RHP,, then Resolute and NNOGC shall have priority use of the Bisti Station as to any volumes not purchased and received by If the Market Price is less than the Contract Price in a Commodity 14.1 The parties hereto hereby covenant and agree that they will execute such further agreements, conveyances and assurances as may be requisite, or which counsel for the parties may deem necessary to effectually carry out the intent of this Agreement. obligation of either party to deliver or take an Imbalance Volume less than 1000 barrels at the end of this Agreement shall be excused. Pipeline specifications. Delaware General Corporation Law means the Delaware General Corporation Law, 8 Del. ConocoPhillips shall not be responsible for the use of any information that you may submit to the Linked Sites. Phillips 66 Company. Affected Party. Volumes will be calculated according to such formula for the actual month the Imbalance volume is delivered. With respect to each terminated Commodity Transaction, the Settlement Amount shall be equal to the contract quantity of 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 shall commence on the Effective Dates and continue until December 31, 2014 (the Term), at which time this Agreement will automatically terminate. NNOGCs signature below indicates its consent and agreement to not challenge and to, upon In addition, certain presentations available for viewing were created as of the dates indicated on such presentations and ConocoPhillips expressly disclaims any responsibility for updating such presentations.