Common use of Ethanol Excess Volume Value Capture Clause in Contracts

Ethanol Excess Volume Value Capture. MPC will pay Terminal Owner fees as calculated herein for EV at Terminals where sales volume is made on a temperature corrected basis. The value will be calculated via the following method: Multiply the volume by the price per the calculations described in the following two paragraphs.

Appears in 5 contracts

Samples: Terminal Services Agreement (MPLX Lp), Terminal Services Agreement (MPLX Lp), Services Agreement (MPLX Lp)

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Ethanol Excess Volume Value Capture. MPC Customer will pay Terminal Owner fees as calculated herein for EV at Terminals where sales volume is made on a temperature corrected basis. The value will be calculated via the following method: Multiply the volume by the price per the calculations described in the following two paragraphs.

Appears in 3 contracts

Samples: Terminal Services Agreement (MPLX Lp), Terminal Services Agreement (MPLX Lp), Terminal Services Agreement (MPLX Lp)

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