Contract Volume Discount Clause Samples

Contract Volume Discount. If ▇▇▇▇▇▇▇ has elected (i) a Contract Term of 20 Years, and (ii) a Contract Volume for such Contract Term that meets the following criteria, Shipper shall be entitled to a Fixed Toll discount on the following basis: (a) if Shipper’s Contract Volume is equal to or greater than 15,900m3/Day (100,000 bbl/Day), but less than 19,080m3/Day (120,000 bbl/Day), a Fixed Toll discount of $0.943/m3 ($0.15 per bbl); (b) if Shipper’s Contract Volume is equal to or greater than 19,080m3/Day (120,000 bbl/Day), but less than 23,850m3/Day (150,000 bbl/Day), a Fixed Toll discount of $2.201/m3 ($0.35 per bbl); or