Common use of Delivery and Storage of Products Clause in Contracts

Delivery and Storage of Products. (a) Unless otherwise agreed by the Parties, all Products that are to be directly delivered into Included Locations shall be delivered by the Company to ▇▇▇▇ at the Products Delivery Point into the Product Storage Tanks, on a delivered duty paid (“DDP”) basis. All Products delivered by the Company into Specified Lien Locations shall also be delivered on a DDP basis. (b) ▇▇▇▇ shall have exclusive right to store Products in the Product Storage Tanks in the Included Locations as provided in the Storage Facilities Agreement.

Appears in 2 contracts

Sources: Master Supply and Offtake Agreement (Delek US Holdings, Inc.), Master Supply and Offtake Agreement (Delek US Holdings, Inc.)