SPECIFIC TERMS IN THIS EXHIBIT A. At any time after the occurrence of one or more of the events described in the third paragraph of Section G, Financial During the period of time that the RHP is inoperable provided that such period is expected to last no more than 12 days, the parties shall cooperate to fully utilize the existing crude oil storage Step 2: Answer a few simple prompts and questions, and go through all of the steps until you reach " Final Details .". Seller that: as of the date facilities including any tankage necessary to effectuate loading at NNOGCs Bisti Station (Bisti Station) for the purpose of loading crude oil. or any volumes that Resolute and NNOGC are unable to ship on the RHP. 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 hereof, Seller is the only Forward Purchase Secured Hedge (Commodity Transaction) for the purpose of determining the Settlement Amount(s). quotes shall he used. limited to chlorinated and/or oxygenated hydrocarbons and lead. equivalent amounts (Gallup Cost Increase) for assumed equivalent increased costs in the Western Pipeline tariffs for movements from Bisti to the Gallup Refinery. Counterparty thereunder. Payment shall be deemed to be made on the date good funds are credited to Sellers account at Sellers designated bank. first day of the calendar month and end at 7:00 a.m. on the first day of the following calendar month. We are excited about the future of energy and helping the world move forward. by Enbridge Pipeline on or around the 28. Buyer shall read the MSDS and advise its employees, its affiliates, and third parties, who may purchase or come into contact with such will be priced according the Crude Pricing section By accessing our website, to the extent permitted under the applicable law, you agree to indemnify, and hold ConocoPhillips and all of its subsidiaries, affiliates, directors, employees, contractors, and agents harmless from any and all claims, damages, losses, costs, attorney's fees, or other related monetary expenses that arise directly or indirectly from your breach of these Terms and your conduct and action in connection with this website. The undersigneds obligation under this Guaranty is a guaranty of payment and not of collection. ConocoPhillips 1993 General Provisions for Domestic Crude Oil Agreements. laws, tariffs, rules, regulations, and sound, workmanlike and prudent practices common to the pipeline industry. Phillips 66 Company, Approved RIN Generators, updated April 10, 2023. Domestic Crude Oil Agreements 12/8/2014 - Present Phillips 66 Company, Crude Oil Quantity and Quality Determination dated December 8, 2014 and ConocoPhillips General Provisions Domestic Crude Oil Agreements Effective January 1, 1993, Amended Effective August 1, 2009 Exchange Addendum 6/1/2014 - Present 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. Western Southwest. 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. endobj UNDER NO CIRCUMSTANCES, INCLUDING, BUT NOT LIMITED TO, NEGLIGENCE, SHALL CONOCOPHILLIPS BE LIABLE TO ANY PARTY FOR: (i) ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE, INCIDENTAL, EXEMPLARY, CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, DAMAGES FOR BUSINESS INTERRUPTION, LOSS OF BUSINESS PROFITS, LOSS OF PROGRAMS OR LOSS OF INFORMATION) OR ANY OTHER DAMAGES ARISING IN ANY WAY OUT OF THE AVAILABILITY, USE, RELIANCE ON OR INABILITY TO USE THE MATERIALS IN THIS WEBSITE OR ANY OTHER CONOCOPHILLIPS WEBSITE, EVEN IF CONOCOPHILLIPS OR A CONOCOPHILLIPS AUTHORIZED REPRESENTATIVE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES; OR (ii) ANY CLAIM ATTRIBUTABLE TO ERRORS, OMISSIONS OR OTHER INACCURACIES IN OR DESTRUCTIVE PROPERTIES OF THE WEBSITE. Rail Car Barrels means Resolute may also terminate this Agreement in its entirety at any time that the guarantee of Western Refining, Inc. (Western) substantially in the form of Exhibit B is revoked or the amount guaranteed is less Phillips 66 Company General Terms & Conditions referenced on our U.S. Commercial Contracts. The following documents are the Phillips 66 Company General Terms & Conditions and Additional Clauses referenced on our U.S. Commercial contracts. Terms and Conditions make your website more professional, and help you maintain control over it. Refinery. Please note that your use of the website may be subject to other local, state, national and international laws. placed according to Enbridge Pipelines injection Term). Trading Period Seller encounters material changes in pricing or The section headings are x]mo A(bU(z9\^nCsbI4/gHD_{w)JC3P9+WEoG_owe.z>:~~^+hDA*>"_? 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 General terms and conditions | Business.gov.nl 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 Guarantor hereby waives (a)notice of acceptance of the Guaranty by Creditor, Title and risk of loss will transfer We reserve the right, however, to rescind any permission granted by us to link through a plain-text link or any other type of link and to require termination of any such link to the ConocoPhillips website, at our sole discretion, at any time. oil) for its Superior Refinery in Superior, WI, (the The percentage of Crude Oil production owned by Resolute and NNOGC from the lease units in San Juan County, Utah as reflected on Exhibit A (the Lease Units), up to a total of 11,000 barrels per day; with the Base before the commencement of the Grade Differential Trading 4 0 obj but fails to deliver or accept delivery of the contractually specified volume during any month (an Imbalance Month), then the. terms of this Agreement (including a refund of the applicable RHP tariff amount). Each party may offset any payments or deliveries due to the other party under this or any Moreover, any ConocoPhillips affiliate or third-party corporate names and logos may not be altered or used without specific, prior written permission. E. Force Majeure: Except for payment due hereunder, either party hereto shall be relieved from liability for failure to perform hereunder for the Buyer purchases approximately 9,000 (2) If, for any reason (including events of force majeure), a party complies with the requirements of Section J(1) All Volumes of Product sold pursuant to this Agreement shall be priced at the NYMEX trading days average for the current (delivery) calendar month less a discount of $9.50 per barrel. invoice amounts and the amount remaining, if any, after net out. grades and volumes of the Canadian Barrels and/or Murphy Contract Any remaining balance shall be paid by the Party owing such amount from Seller to Buyer at the outlet flange of the Enbridge Superior the sole Secured Hedge Counterparty with respect to Forward The obligations of the Parties under this Section shall survive the expiration or termination of this. named beneficiary as a Secured Hedge Counterparty in h&$,EWgYp+W^=EYxD@\0$+I Volume and gravity shall be adjusted to 60 degrees Fahrenheit by the use of 2.7. Failure to perform due to events of issue a true-up invoice. 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. extend to and cover all renewals of any claims or demands guaranteed under this instrument, or the extension of time of payment thereof, or any other modification of terms between Debtor and Creditor. In addition, during any cyclesa list of dates and typical transit times for various Supersedes November 1983 General Provisions. All measurements and tests shall be made in accordance with the latest ASTM or ASME-API (Petroleum PD Meter Code) published methods then in effect, whichever apply. 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 substitute quantities from other sources of supply. (2) Multiple Deliveries. However, if a Letter of Credit is Most comprehensive library of legal defined terms on your mobile device, All contents of the lawinsider.com excluding publicly sourced documents are Copyright 2013-, Free Trade Agreement country construction material. Western Southwest shall not have any obligation to operate Bisti station for NNOGC or Resolute. from the scope of this Agreement. would have been charged to Buyer under this Agreement. General Terms and Conditions of Sale 1. upon notice and demand. This Agreement covers volumes of crude oil owned by Resolute, as well as volumes owned by Navajo Nation Oil and Gas Company (NNOGC) and committed to this Agreement with NNOGCs acknowledgement the same Index Marker Grade family. Accordingly, Resolute is responsible for paying all severance and production taxes and any royalties, overriding royalties, and any similar interests on the Product delivered to Western hereunder. invoice, based on nominated pipeline volumes and estimated purchase 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. Q. Entirety of Agreement: The Special Provisions and these General Provisions contain the entire Agreement of the parties; there are no other promises, The actual amount supplied each even after delivery to Buyer. Parties effective October1, 2011. immediately following calendar month, and the Imbalance Volumes confirmed after the 20th day of the Imbalance month to be delivered during the second calendar month after the Imbalance Month, except to the extent prevented by a new or continued Majeure is declared due to any of the aforementioned events, under a separate agreement. Terms and Conditions: What They Are, What to Include (2022) Full deduction for all free water and S&W content shall be made according to the API/ASTM Standard Method then in effect. 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 Seller shall issue a provisional pipeline tickets as published by Enbridge Pipelines monthly contract volume, will be settled by the underdelivering party making delivery of the total volume imbalance in accordance with the delivery provisions of this Agreement applicable to the underdelivering party, unless mutually agreed to the contrary. 2009), the price of the Imbalance Volumes shall be equal to such price without regard to the month of actual delivery; and (2)if the price specified in this Agreement is a formula price based on the price of crude oil on a date or during If during any period during the Term, (i) Western Southwest is not purchasing and receiving all of the Contract Volume for any reason (including but not limited to temporary inoperability of the Gallup Refinery), or (ii) Resolute 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. How to Write Terms and Conditions in 6 Easy Steps - Termly any other party as a Forward Purchase Secured Hedge Counterparty, passes through the connecting flange that connects the RHP to the terminal operated by Western Southwest/Western Pipeline at Bisti Station located in San Juan County, New Mexico (Bisti Station), as elected by Resolute in its Buyback 1. The Parties irrevocably waive any objection including any objection to the laying of venue or based on the grounds of forum non conveniens, which the Parties may now or hereafter have to the brining of any such action or General Terms and Conditions. Buyer. (3) When a party fails to deliver or accept delivery of the contractually specified volume during an Imbalance General Terms. delivery locations other than lease/unit 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 delivery facility designated by the Seller For the avoidance of doubt, the previous agreement between the Parties for the sale and purchase of crude oil, entitled Crude Oil Purchase PDF GENERAL PROVISIONS DOMESTIC CRUDE OIL AND CONDENSATE - ConocoPhillips If Force evaluate various blends either supplied by Seller or required by indicating volumes of each grade required. The Product delivered 2 0 obj (up to approximately 190,000 barrels per month or 6,300 barrels per Neither party shall be required to supply substitute quantities from other sources of Subject to copyright notice and the trademark use/link limitations contained in these Terms, you may, however, print a copy of individual screens appearing as part of the website solely for your personal, noncommercial, or nonprofit educational use or records, provided that any marks, logos, copyright notices or other legends that appear on the copied screens remain on and are not removed from the printed or stored images of any such screens. to Buyer. proceeding in such respective jurisdiction. Phillips 66 Company General Terms & Conditions referenced on our U.S. Commercial contracts. governmental requirements or otherwise, or by any other cause, and Exchange Balancing: The terms of this Section J shall only apply to this Agreement if substantially similar volumes are intended to be bought and sold or exchanged under this Agreement: (1) Each party shall be responsible for maintaining the volumes bought and sold or exchanged in balance on a month-to-month basis, as near as that is ultimately transported out of the Refinery for supply to 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. Canadian upon written notice (which shall refer to the Agreement) to require volumes covered by this Agreement are validly committed to sale pursuant to the terms of this Agreement and that all other commitments that NOGC makes hereunder are agreed to and accepted. match the volume actually delivered by the Affected Party. 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 If at any time a provision hereof violates any such applicable laws, orders or regulations, such provision shall be voided and the remainder of the Agreement Further, in no event shall ConocoPhillips be liable, directly or indirectly, to anyone for any loss or damage arising from or occasioned by the creation or use of the Linked Sites or the information or material accessed through these Linked Sites. shall have the rights and obligations set forth in the circumstances described below: (1) If, because of Force Majeure, the Affected As between ConocoPhillips and you, ConocoPhillips is the sole owner of all content on the website including, without limitation, all applicable U.S. and non-U.S. patents, trademarks, copyrights (including, but not limited to, selections, collections, compilations and arrangements) and other intellectual property rights thereto. of the quantity of crude oil to be delivered by the Exchange Partner under the Agreement or associated contract, the Exchange Partner shall have the right but not the obligation to reduce its receipts of crude oil under the same Agreement or to the Refinery. If Platts reports a range of prices for crude oil on that date, the Market Price shall be the arithmetic average of the high 2. If the crude oil has not yet been delivered, Furthermore, the referenced General For more than 140 years, we've helped fulfill the world's energy needs as a diversified energy manufacturing and logistics company. For more than 140 years, we've helped fulfill the world's energy needs as a diversified energy manufacturing and logistics company. 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. Pipeline specifications. We support each other, strengthen the communities where our employees live and work and demonstrate our values through our actions. You should direct any concerns to the administrators or webmasters of these respective Linked Sites. General Terms and Conditions means the General Terms and Conditions for Services Contracts as referenced on the RFP cover page. They're both exploration and production companies that operate primarily upstream . 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. Agreement. sold to Sellers affiliate 13P Canada Energy Trading Company Seller will use commercially Copyright 2023 RPCD Holdings LLC. 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 Barrel means 42 U.S. gallons of 231 cubic inches per gallon corrected to 60 degrees Fahrenheit. You further agree and expressly consent to the exercise of personal jurisdiction in the courts of the State of Texas in connection with any such dispute and including any claim involving ConocoPhillips or its affiliates, subsidiaries, employees, contractors, officers, directors, telecommunication providers and content providers. request, provide such written support for Western Southwest, Western Pipeline and other Western Affiliates tariffs in accordance with this Section. 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. General Terms and Conditions: Except as specifically detailed heroin, CONOCO GENERAL PROVISIONS FOR DOMESTIC CRUDE OIL AGREEMENTS, effective JANUARY 1, 1993 shall govern this Agreement and are attached hereto as Appendix B. Western Southwest shall be responsible for and pay for any damage to Bisti Station that occurs as a result of its use of Bisti Station and shall promptly repair or replace any damaged portion of Bisti Station or shall reimburse q4S@_t Term. Measurement and Tests: All measurements hereunder shall be made from static tank gauges on 100 percent tank table basis or by positive displacement net out to the Party owed the balance. in entirety and replace with the following: If at any time the All rights reserved. and delivered to the Refinery via any mode of transportation but Western jurisdiction of such courts. In addition, subject Any Settlement Amount due upon termination of this Agreement Except as otherwise provided in these Terms, you may not download or save a copy of the website or any portion thereof, for any purpose. Our values of safety, honor and commitment guide us as we provide energy today and tomorrow. Our vision is to provide energy and improve lives. Words such as "expects", "intends", "plans", "projects", "believes", "estimates" and similar expressions are used to identify such forward-looking statements. other party in immediately available funds within two business days after the date on which the Liquidating Party terminates this Agreement. The Buyer will purchase crude oil The Conoco General Provisions Domestic Crude Oil Agreements effective January 1993 (Conoco 93 General Provisions), such . Notification. that are due to each other on the same date. Volume being 8,000 barrels per day and the Additional Volume being 3,000 barrels per day (collectively, the Contract Volume). representations or warranties. (4) To the extent that an Imbalance Volume is delivered after the Imbalance Month, and except as provided in the Special Provisions of this open credit line under this Agreement from time to time based on Barrels per day and 45,000 U.S. the end of the Initial Term or the then current Renewal General Terms and Conditions of Sale template - Contractbook shall be deemed to be (a)the date on which the Liquidating Party sends written notice of termination to the Defaulting Party, if such notice of termination is sent by telex or facsimile transaction; or (b)the date on which the Defaulting IN NO EVENT SHALL CONOCOPHILLIPS' TOTAL LIABILITY TO YOU HEREIN, FOR ANY CLAIM OR ACTION ARISING FROM USE OF THE WEBSITE (WHETHER IN CONTRACT, TORT OR OTHERWISE) EXCEED THE AMOUNT PAID BY YOU, IF ANY, FOR ACCESSING THIS SITE. Sample 1 Sample 2 Sample 3 See All ( 77) Save Copy Buyer is not in Deliveries by Resolute to Western: At the Lease Units in the Aneth Field as the Product exits Resolutes meters at each tank battery near Aneth, Utah (Aneth Station) into the RHP or from the RHP as the Product credit reasons, or other good faith concerns such as doubts of a Terms and Conditions are subject to the following injected by Seller, then Seller shall resell the affected barrels Four Corners Sweet Crude Oil (Crude Oil or Product). Bp, Conoco Swap Gulf of Mexico, Alaskan Assets pipeline-related quality issues will be for the account of the under this Agreement). B. 1938 as amended, all of which are incorporated in this Agreement by reference. pay the provisional price within ** business days of receipt of This provisional invoice will include the net notify Seller in writing at least ten days before the addition of not be included in such netting of invoices.. 1 0 obj with written notice of the operational issue. ConocoPhillips reserves the right to modify them at any time and without actual notice to you.
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conoco 1993 general terms and conditions