Fort Mifflin Terminal Complex Sample Clauses

Fort Mifflin Terminal Complex. (A) Subject to Section 3, for a term of seven Contract Years commencing on March 1, 2002, Sunoco R&M will, and will cause its Controlled Affiliates to, deliver an average of at least 290,000 bpd of Crude Oil or Refined Products to the Fort Mifflin Terminal Complex per Contract Year.
Sample 1
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Fort Mifflin Terminal Complex. (A) Subject to Section 3, for a term of seven Contract Years commencing on March 1, 2002, Sunoco R&M will, and will cause its Controlled Affiliates to, deliver an average of at least 290,000 bpd of Crude Oil or Refined Products to the Fort Mifflin Terminal Complex per Contract Year. (B) Sunoco R&M and its Controlled Affiliates will pay the Partnership Group a fee of $0.1627 per barrel for the first 180,000 bpd received at the Fort Mifflin Terminal Complex and $0.0813 per barrel for volumes in excess of 180,000 bpd received at the Fort Mifflin Terminal Complex. These per barrel fees will escalate at the rate of 1.67% (rounded to the nearest one-hundredth of one cent) on January 1 of each year commencing January 1, 2003. (C) The per barrel fees payable under Section 2(a)(iv)(B) for a given month shall be based on an average of the number of barrels received during the entire month from Sunoco R&M and its Controlled Affiliates. Sunoco R&M and its Controlled Affiliates shall not be entitled to pay the lower per barrel fee under Section 2(a)(iv)(B) for any month in a given Contract Year until Sunoco R&M and its Controlled Affiliates have paid the higher per barrel fee under Section 2(a)(iv)(B) for an average of 180,000 bpd for each prior month in that Contract Year. Examples of this monthly calculation are set forth on Exhibit H attached hereto. --------- (D) For a term of seven Contract Years commencing on March 1, 2002, the Partnership Group will pay to Sunoco R&M, on a monthly basis, $1.00 7 <PAGE> for each barrel of Crude Oil offloaded from a VLCC at the Fort Mifflin Terminal Complex that is not delivered to, or for the benefit of, any refinery owned by Sunoco R&M and its Affiliates. (E) The Partnership Group may have one tank out of service at the Fort Mifflin Terminal Complex at a time for maintenance purposes. (v)
Sample 1

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