Common use of Schedule and Completion Clause in Contracts

Schedule and Completion. Carrier shall use its best efforts to complete the Cushing to Broom Pipeline System by the Target Completion Date, and in any event by the Outside Date, Carrier shall provide Shipper with a written status reports for each month no later than the tenth day of the succeeding month, setting forth progress and remaining activities to achieve completion, together with a status of likelihood to complete by the Target Completion Date and any anticipated delays in meeting the schedule. Carrier shall have no liability for failure to complete the Cushing to B▇▇▇▇ Pipeline System by the Outside Date except in case of gross negligence or willful misconduct.

Appears in 2 contracts

Sources: Pipeline Construction, Operation and Transportation Commitment Agreement (CVR Energy Inc), Pipeline Construction, Operation and Transportation Commitment Agreement (CVR Energy Inc)

Schedule and Completion. Carrier shall use its best efforts to complete the Cushing to Broom Pipeline System by the Target Completion Date, and in any event by the Outside Date, Carrier shall provide Shipper with a written status reports for each month no later than the tenth day of the succeeding month, setting forth progress and remaining activities to achieve completion, together with a status of likelihood to complete by the Target Completion Date and any anticipated delays in meeting the schedule. Carrier shall have no liability for failure to complete the Cushing to B▇▇▇▇ Pipeline System by the Outside Date except in case of gross negligence or willful misconduct.

Appears in 1 contract

Sources: Pipeline Construction, Operation and Transportation Commitment Agreement (CVR Refining, LP)