Common use of El Dorado Only Clause in Contracts

El Dorado Only. The Tolling Fee shall never be less than $0.36 per BBL of Feedstock. If as a result of a reduction to the Tolling Fee or Minimum Throughput Commitment for a Contract Quarter pursuant to Section 2.2(d) of the Agreement, the Applicable Refinery Owner has overpaid its Tolling Fees for a Contract Quarter, the Applicable Refinery Owner shall receive a credit against its Tolling Fees due for the following Contract Quarter in the amount of such overpayment.

Appears in 2 contracts

Samples: Master Tolling Agreement (HF Sinclair Corp), Master Tolling Agreement (Holly Energy Partners Lp)

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El Dorado Only. The Tolling Fee shall never be less than $0.36 .36 per BBL of Feedstock, subject to a one-time potential reduction in the Tolling Fee for the adjustment in paragraph 4 below. If as a result of a reduction to the Tolling Fee or Minimum Throughput Commitment for a Contract Quarter pursuant to Section 2.2(d) of the Agreement, the Applicable Refinery Owner has overpaid its Tolling Fees for a Contract Quarter, the Applicable Refinery Owner shall receive a credit against its Tolling Fees due for the following Contract Quarter in the amount of such overpayment.

Appears in 2 contracts

Samples: Master Tolling Agreement (HollyFrontier Corp), Master Tolling Agreement (Holly Energy Partners Lp)

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El Dorado Only. The Tolling Fee shall never be less than $0.36 .36 per BBL of Feedstock. If as a result of a reduction to the Tolling Fee or Minimum Throughput Commitment for a Contract Quarter pursuant to Section 2.2(d) of the Agreement, the Applicable Refinery Owner has overpaid its Tolling Fees for a Contract Quarter, the Applicable Refinery Owner shall receive a credit against its Tolling Fees due for the following Contract Quarter in the amount of such overpayment.

Appears in 1 contract

Samples: Master Tolling Agreement (HollyFrontier Corp)

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