Common use of Delivery Imbalance Clause in Contracts

Delivery Imbalance. If the volume of Product loaded onto Customer’s Vessel exceeds the volume of Product Customer delivers into the System (such excess volume, the “Overage Volume”), Customer will deliver the Overage Volume to Magellan at MEH in the month following the Term. If Customer fails to so deliver the Overage Volume, Magellan will purchase Product to cover the Overage Volume and Customer will pay Magellan an amount equal to Magellan’s actual cost to purchase the Overage Volume plus an administration fee equal to 15% of such purchase cost. FORM REVISED AUGUST 30, 2019

Delivery Imbalance. If the volume of Product loaded onto Customer’s Vessel exceeds the volume of Product Customer delivers into the System (such excess volume, the “Overage Volume”), Customer will deliver the Overage Volume to Magellan at MEH in the month following the Term. If Customer fails to so deliver the Overage Volume, Magellan Xxxxxxxx will purchase Product to cover the Overage Form Revised August 30, 2019 Volume and Customer will pay Magellan an amount equal to MagellanXxxxxxxx’s actual cost to purchase the Overage Volume plus an administration fee equal to 15% of such purchase cost. FORM REVISED AUGUST 30, 2019.

Delivery Imbalance. If the volume of Product loaded onto Customer’s Vessel exceeds the volume of Product Customer delivers into the System (such excess volume, the “Overage Volume”), Customer will deliver the Overage Volume to Magellan at MEH in the month following the Term. If Customer fails to so deliver the Overage Volume, Magellan will purchase Product to cover the Overage FORM REVISED AUGUST 30, 2019 Volume and Customer will pay Magellan an amount equal to Magellan’s actual cost to purchase the Overage Volume plus an administration fee equal to 15% of such purchase cost. FORM REVISED AUGUST 30, 2019.