Kenova Blending. From and after October 31st, 2019, at the Kenova, WV terminal the Terminal Owner’s fee for performing in-line or barge loading blending service shall be calculated as follows: Ninety-five percent (95%) of the difference between the Marathon Daily Gasoline Value (defined below) and the Marathon Daily Butane Value (defined below) or the Marathon Daily Pentane Value (defined below). Expressed as a formula the Inline or Barge Blending Service Fee is: Inline or Barge Blending Service Fee = (MDGV – MDBV) * 0.95 Or Inline or Barge Blending Service Fee = (MDGV – MDPV) * 0.95 Definitions:
Appears in 4 contracts
Samples: Terminal Services Agreement (MPLX Lp), Terminal Services Agreement (MPLX Lp), Terminal Services Agreement (MPLX Lp)
