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Petroleum Product Supply Agreement Template for Canada

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Key Requirements PROMPT example:

Petroleum Product Supply Agreement

"I need a Petroleum Product Supply Agreement for supplying diesel fuel to a fleet of 200 trucks in Ontario, with monthly delivery requirements of 50,000 liters starting March 2025, including storage facility terms and emergency response procedures."

Document background
The Petroleum Product Supply Agreement is essential for businesses engaged in the supply and purchase of petroleum products within Canada. This agreement is typically used when establishing long-term supply relationships for various petroleum products, including gasoline, diesel fuel, heating oil, and other refined products. It needs to comply with both federal and provincial regulations, including the Canadian Environmental Protection Act, Transportation of Dangerous Goods Act, and provincial fuel standards. The document covers critical aspects such as product specifications, pricing mechanisms, delivery terms, quality standards, and regulatory compliance requirements. It's particularly important for managing risk, ensuring consistent supply, and maintaining regulatory compliance in the petroleum industry. The agreement can be adapted for various contexts, from wholesale distribution to retail supply arrangements, and includes specific provisions for environmental protection, safety standards, and emergency response procedures as required by Canadian legislation.
Suggested Sections

1. Parties: Identification and details of the supplier and purchaser

2. Background: Context of the agreement and relationship between parties

3. Definitions: Detailed definitions of terms used throughout the agreement

4. Product Specifications: Detailed specifications of petroleum products covered by the agreement

5. Supply Obligations: Supplier's obligations regarding product delivery and availability

6. Purchase Obligations: Purchaser's obligations regarding product acceptance and minimum purchase commitments

7. Pricing and Payment Terms: Pricing structure, payment terms, and invoicing requirements

8. Delivery Terms: Delivery locations, methods, timing, and related obligations

9. Quality Control: Quality standards, testing procedures, and compliance requirements

10. Title and Risk: Transfer of ownership and risk allocation between parties

11. Regulatory Compliance: Obligations regarding compliance with applicable laws and regulations

12. Environmental Requirements: Environmental compliance obligations and incident management

13. Insurance Requirements: Required insurance coverage for both parties

14. Force Majeure: Provisions for unforeseen circumstances affecting performance

15. Term and Termination: Duration of agreement and termination provisions

16. Dispute Resolution: Procedures for resolving disputes between parties

17. General Provisions: Standard legal provisions including notices, amendments, and governing law

Optional Sections

1. Storage Facilities: Terms relating to storage facilities if provided by either party

2. Transportation Services: Terms for transportation services if included in the agreement

3. Retail Operations: Specific provisions for retail operations if applicable

4. Branding Requirements: Brand standards and requirements if dealing with branded products

5. Import/Export Requirements: Special provisions for international trade if applicable

6. Credit Support: Requirements for letters of credit or other financial security if needed

7. Electronic Data Exchange: Provisions for electronic ordering and data sharing systems if used

8. Terminal Access: Terms for terminal access and usage if relevant

9. Equipment Provisions: Terms relating to equipment supply or maintenance if included

Suggested Schedules

1. Schedule A - Product Specifications: Detailed technical specifications for each product

2. Schedule B - Pricing Formula: Detailed pricing calculations and adjustment mechanisms

3. Schedule C - Delivery Locations: List of approved delivery locations and facility details

4. Schedule D - Quality Testing Procedures: Specific procedures for quality testing and verification

5. Schedule E - Minimum Purchase Volumes: Detailed volume commitments and scheduling requirements

6. Schedule F - Health and Safety Requirements: Specific health and safety procedures and requirements

7. Schedule G - Environmental Procedures: Detailed environmental compliance procedures

8. Appendix 1 - Insurance Requirements: Detailed insurance coverage requirements

9. Appendix 2 - Emergency Response Procedures: Procedures for handling emergencies and spills

10. Appendix 3 - Compliance Certificates: Required regulatory and compliance certificates

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



















































Clauses




































Relevant Industries

Oil & Gas

Energy

Transportation & Logistics

Retail Fuel Distribution

Agriculture

Mining

Manufacturing

Aviation

Marine Transport

Construction

Relevant Teams

Legal

Procurement

Supply Chain

Operations

Compliance

Risk Management

Environmental Health & Safety

Quality Assurance

Logistics

Finance

Commercial

Business Development

Relevant Roles

Supply Chain Manager

Commercial Director

Legal Counsel

Procurement Manager

Operations Manager

Compliance Officer

Risk Manager

Environmental Health and Safety Manager

Logistics Manager

Contract Administrator

Business Development Manager

Quality Assurance Manager

Terminal Manager

Fleet Manager

Chief Financial Officer

Industries









Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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