Joint Storeroom and Motor Pool Services Sample Clauses

Joint Storeroom and Motor Pool Services. (a) The Mill Owner shall continue after the Effective Date to operate the joint storeroom located at the Mill (including providing pump shop services) and to provide access to authorized employees of the Carbon Plant in a manner consistent with the manner in which the joint storeroom was operated prior to the Effective Date (the “Joint Storeroom Services”). In providing the Joint Storeroom Services, the Mill Owner’s storeroom personnel shall order (through Ingevity’s enterprise software system, with payment to be made by Ingevity), receive and store Ingevity’s stores, keep records of the receipt and disbursement of Ingevity’s stores and provide security for the joint storeroom. (b) For the Joint Storeroom Services provided by the Mill Owner pursuant to Section 3.8(a), Ingevity shall pay the Mill Owner on a monthly basis an amount determined by multiplying the Mill Owner’s aggregate Operating Costs accumulated for the month in the Mill Owner’s storeroom cost center account (Account No. 8010109641 or the future equivalent account) by a fraction, the numerator of which is the average number of square feet of the joint storeroom used to warehouse Ingevity’s stores and the denominator of which is the aggregate number of square feet of the joint storeroom used to warehouse stores for Ingevity and the Mill Owner, collectively. If the Mill Owner elects to contract with a third party to provide the Joint Storeroom Services as provided in Section 3.8(c) and Ingevity elects to participate, instead of a payment calculated as provided in the preceding sentence, Ingevity shall pay the Mill Owner on a monthly basis an amount determined by multiplying one-twelfth of the annual aggregate invoice amount (excluding any stores purchased) paid by the Mill Owner to the third party contractor for providing the Joint Storeroom Services by a fraction, the numerator of which is the average number of square feet of the third party joint storeroom space used to warehouse Ingevity’s stores and the denominator of which is the aggregate number of square feet of the third party joint storeroom space used to warehouse stores for Ingevity and the Mill Owner, collectively. In each case, each party shall pay for its own stores and other materials stored in the joint storeroom. (c) The Mill Owner shall continue after the Effective Date to operate the joint electric motor pool located at the Mill and to provide access to authorized employees of the Carbon Plant in a manner consistent with the ...

Related to Joint Storeroom and Motor Pool Services

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