Common use of Excess Storage Fees Clause in Contracts

Excess Storage Fees. Customer agrees to pay (i) $[**] per-barrel for Product throughput in a given calendar year in excess of the total Stipulated Volumes, and (ii) the applicable Storage Rate for storage of Product in a given calendar year in excess of the Stipulated Volumes at any Terminal Facility (the “Excess Storage Fees”). Excess Storage Fees for any period of less than a full calendar year shall be apportioned based on the number of days in such year.

Appears in 3 contracts

Samples: Terminaling Services Agreement (World Point Terminals, LP), Terminaling Services Agreement (World Point Terminals, LP), Terminaling Services Agreement (World Point Terminals, LP)

AutoNDA by SimpleDocs

Excess Storage Fees. Customer agrees to pay (i) $[**] per-barrel for Product throughput in a given calendar year month in excess of the total Stipulated Volumes, and (ii) the applicable Storage Rate for storage of Product in a given calendar year month in excess of the Stipulated Volumes at any Terminal Facility (the “Excess Storage Fees”). Excess Storage Fees for any period of less than a full calendar year shall be apportioned based on the number of days in such year.

Appears in 2 contracts

Samples: Terminaling Services Agreement (World Point Terminals, LP), Terminaling Services Agreement (World Point Terminals, LP)

AutoNDA by SimpleDocs

Excess Storage Fees. Customer agrees to pay (i) $[**] per-barrel for Product throughput in a given calendar year month in excess of the total Stipulated Volumes, and (ii) the applicable Storage Rate for storage of Product in a given calendar year month in excess of the Stipulated Volumes at any Terminal Facility (the “Excess Storage Fees”). Excess Storage Fees for any period of less than a full calendar year month shall be apportioned based on the number of days in such yearmonth.

Appears in 1 contract

Samples: Terminaling Services Agreement (World Point Terminals, LP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!