Common use of Delivery Option Clause in Contracts

Delivery Option. a. N▇▇▇ ▇▇▇, at its option, deliver to USL for Disposal at the Bate▇▇▇ ▇▇▇and Landfarm a maximum amount of NOW equal to the Annual Volume for such Contract Year at no cost without prior notice or approval. Subject to the terms and conditions and the limitations set forth in this Agreement, USL shall accept for Disposal at the Bate▇▇▇ ▇▇▇and Landfarm all NOW delivered by or on behalf of NESI, provided, however, that in no event shall USL be obligated to accept from NESI for Disposal at any Landfarm more than the Annual Volume during any Contract Year. Failure to deliver the full Annual Volume shall not result in any carryforward or increase in the Annual Volume in the succeeding Contract Year. b. N▇▇▇ ▇▇▇ll have the right to deliver a volume no more than 10% of the Annual Volume to the Bourg Landfarm at no cost, subject to Section 3.1.

Appears in 1 contract

Sources: Option Agreement (Newpark Resources Inc)

Delivery Option. a. N▇▇▇ ▇▇▇NESI may, at its option, deliver to USL for Disposal at the BateBat▇▇▇▇ ▇▇▇and Island Landfarm a maximum amount of NOW equal to the Annual ▇▇▇ ▇▇▇ual Volume for such Contract Year at no cost without prior notice or approval. Subject to the terms and conditions and the limitations set forth in this Agreement, USL shall accept for Disposal at the Bate▇▇▇ ▇▇▇and Bateman Island Landfarm all NOW delivered by or on behalf of NESI▇▇ ▇▇▇I, provided, however, that in no event shall USL be obligated to accept from NESI for Disposal at any Landfarm more than the Annual Volume during any Contract Year. Failure to deliver the full Annual Volume shall not result in any carryforward or increase in the Annual Volume in the succeeding Contract Year. b. N▇▇▇ ▇▇▇ll NESI shall have the right to deliver a volume no more than 10% of ▇▇ the Annual Volume to the Bourg Landfarm at no cost, subject to Section 3.1.

Appears in 1 contract

Sources: Option Agreement (U S Liquids Inc)

Delivery Option. a. N▇▇▇ ▇▇▇, at its option, deliver to USL for Disposal disposal at the Bate▇▇▇ ▇▇▇and Landfarm a maximum amount of NOW equal to the Annual Volume for such Contract Year at no cost without prior notice or approval. Subject to the terms and conditions and the limitations set forth in this Agreement, USL shall accept for Disposal disposal at the Bate▇▇▇ ▇▇▇and Landfarm all NOW delivered by or on behalf of NESI, provided, however, that in no event shall USL be obligated to accept from NESI for Disposal disposal at any Landfarm more than the Annual Volume during any Contract Year. Failure to deliver the full Annual Volume shall not result in any carryforward or increase in the Annual Volume in the succeeding Contract Year. b. N▇▇▇ ▇▇▇ll have the right to deliver a volume no more than 10% of the Annual Volume to the Bourg Landfarm at no cost, subject to Section 3.1.

Appears in 1 contract

Sources: Payment Agreement (Newpark Resources Inc)

Delivery Option. a. N▇▇▇ ▇▇▇NESI may, at its option, deliver to USL for Disposal disposal at the BateBat▇▇▇▇ ▇▇▇and Island Landfarm a maximum amount of NOW equal to the Annual ▇▇▇ ▇▇▇ual Volume for such Contract Year at no cost without prior notice or approval. Subject to the terms and conditions and the limitations set forth in this Agreement, USL shall accept for Disposal disposal at the Bate▇▇▇ ▇▇▇and Bateman Island Landfarm all NOW delivered by or on behalf of NESI▇▇ ▇▇▇I, provided, however, that in no event shall USL be obligated to accept from NESI for Disposal disposal at any Landfarm more than the Annual Volume during any Contract Year. Failure to deliver the full Annual Volume shall not result in any carryforward or increase in the Annual Volume in the succeeding Contract Year. b. N▇▇▇ ▇▇▇ll NESI shall have the right to deliver a volume no more than 10% of ▇▇ the Annual Volume to the Bourg Landfarm at no cost, subject to Section 3.1.

Appears in 1 contract

Sources: Payment Agreement (U S Liquids Inc)