Common use of Maximum Inventory Levels Clause in Contracts

Maximum Inventory Levels. Notwithstanding any transfer of title to ▇▇▇▇ to all such Crude Oil or Products, ▇▇▇▇ shall not be obligated at any time to pay for any quantity of Crude Oil or Product under Section 10.1 or 10.2 or otherwise hereunder to the extent such payment would relate to an aggregate quantity of Crude Oil or such Products in the Included Locations in excess of the then applicable maximum level as set forth on Schedule D or as may have been temporarily adjusted under Section 7.9.

Appears in 2 contracts

Sources: Supply and Offtake Agreement (Par Pacific Holdings, Inc.), Supply and Offtake Agreement (Par Petroleum Corp/Co)