Common use of Delivered Volumes Clause in Contracts

Delivered Volumes. The volume of all Crude Oil purchased and sold under this Agreement shall be based on the xxxx of lading volumes (the “B/L Volumes”) under the applicable Third Party Contracts. Specifically, the B/L Volumes shall be equal to (a) in the case of FOB marine deliveries based on load port volumes, the quantity of Crude Oil specified in the applicable xxxx of lading, as determined by the Independent Inspector designated in the Third Party Contract, (b) in the case of marine deliveries based on delivered volumes, the quantity of Crude Oil discharged into shore tanks, as determined by the Independent Inspector designated in the Third Party Contract, and (c) in the case of pipeline deliveries, the pipeline meter ticket volumes received by Vitol under the applicable Third Party Contract. The actual volume of Crude Oil delivered to Coffeyville at the Delivery Point shall be based on the pipeline meter ticket at the flange connection between the Plains Pipeline System and the pipeline connector at Xxxxxx Station. Any differences between the applicable B/L Volumes and the actual volumes delivered to Coffeyville at the Delivery Point shall be accounted for as Crude Oil Gains and Losses.

Appears in 2 contracts

Samples: Oil Supply Agreement (CVR Energy Inc), Supply Agreement (CVR Energy Inc)

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Delivered Volumes. The volume of all Crude Oil purchased and sold under this Agreement shall be based on the xxxx of lading volumes (the “B/L Volumes”) under the applicable Third Party Contracts. Specifically, the B/L Volumes shall be equal to (a) in the case of FOB marine deliveries based on load port volumes, the quantity of Crude Oil specified in the applicable xxxx of lading, as determined by the Independent Inspector designated in the Third Party Contract, (b) in the case of marine deliveries based on delivered volumes, the quantity of Crude Oil discharged into shore tanks, as determined by the Independent Inspector designated in the Third Party Contract, and (c) in the case of pipeline deliveries, the pipeline meter ticket volumes received by Vitol under the applicable Third Party Contract. The actual volume of Crude Oil delivered to Coffeyville at the a Delivery Point shall be based on the pipeline meter ticket at the flange connection between the Plains Pipeline System applicable delivering pipeline and the pipeline connector receiving storage facility at Xxxxxx Stationsuch Delivery Point. Any differences between the applicable B/L Volumes and the actual PORTIONS OF THIS AGREEMENT DENOTED WITH THREE ASTERISKS (***) HAVE BEEN OMITTED AND WILL BE SUBJECT TO A REQUEST FOR CONFIDENTIAL TREATMENT WITH THE SECURITIES AND EXCHANGE COMMISSION volumes delivered to Coffeyville at the Delivery Point Points shall be accounted for as Crude Oil Gains and Losses.

Appears in 1 contract

Samples: Crude Oil Supply Agreement (CVR Energy Inc)

Delivered Volumes. The volume of all Crude Oil purchased and sold under this Agreement shall be based on the xxxx of lading volumes (the “B/L Volumes”) under the applicable Third Party Contracts. Specifically, the B/L Volumes shall be equal to (a) in the case of FOB marine deliveries based on load port volumes, the quantity of Crude Oil specified in the applicable xxxx of lading, as determined by the Independent Inspector designated in the Third Party Contract, (b) in the case of marine deliveries based on delivered volumes, the quantity of Crude Oil discharged into shore tanks, as determined by the Independent Inspector designated in the Third Party Contract, and (c) in the case of pipeline deliveries, the pipeline meter ticket volumes received by Vitol under the applicable Third Party Contract. The actual volume of Crude Oil delivered to Coffeyville at the a Delivery Point shall be based on the pipeline meter ticket at the flange connection between the Plains Pipeline System applicable delivering pipeline and the pipeline connector receiving storage facility at Xxxxxx Stationsuch Delivery Point. Any differences between the applicable B/L Volumes and the actual volumes delivered to Coffeyville at the Delivery Point Points shall be accounted for as Crude Oil Gains and Losses.. PORTIONS OF THIS AGREEMENT DENOTED WITH THREE ASTERISKS (***) HAVE BEEN OMITTED AND WILL BE SUBJECT TO A REQUEST FOR CONFIDENTIAL TREATMENT

Appears in 1 contract

Samples: Agreement (CVR Refining, LP)

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Delivered Volumes. The volume of all Crude Oil purchased and sold under this Agreement shall be based on the xxxx of lading volumes (the “B/L Volumes”) under the applicable Third Party Contracts. Specifically, the B/L Volumes shall be equal to (a) in the case of FOB marine deliveries based on load port volumes, the quantity of Crude Oil specified in the applicable xxxx of lading, as determined by the Independent Inspector designated in the Third Party Contract, (b) in the case of marine deliveries based on delivered volumes, the quantity of Crude Oil discharged into shore tanks, as determined by the Independent Inspector designated in the Third Party Contract, and (c) in the case of pipeline deliveries, the pipeline meter ticket volumes received by Vitol under the applicable Third Party Contract. The actual volume of Crude Oil delivered to Coffeyville at the Delivery Point shall be based on the pipeline meter ticket at the flange connection between the Plains Pipeline System and the pipeline connector at Xxxxxx Station. Any differences between the applicable B/L Volumes and the actual volumes delivered to Coffeyville at the Delivery Point shall be accounted for as Crude Oil Gains and Losses.volumes

Appears in 1 contract

Samples: Supply Agreement

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