Common use of Line Fill Clause in Contracts

Line Fill. (i) Producer shall deliver to Midstream Co a pro rata portion of the Product that Midstream Co determines is necessary for efficient operation of the System (such pro rata portion, the “Producer Line Fill”), and Midstream Co shall not be obligated to receive any Product Tendered by Producer until Producer’s delivery of Product to Midstream Co has met the Producer Line Fill. (ii) Midstream Co shall maintain an inventory account (the “Inventory Account”) for Producer and each other shipper or producer on the System which reflects for each Month with respect to each producer and shipper on the System (including Producer) (i) the total volumes received and delivered; (ii) the starting and ending minimum line fill required; (iii) the starting and ending amount of crude oil inventory in Midstream Co’s facilities above the minimum line fill required; and (iv) any other information deemed necessary and appropriate by Midstream Co, all on an Individual System basis. Midstream Co shall provide a statement of Producer’s Inventory Account as part of the supplemental and supporting information for each invoice. (iii) At the end of the Term, Producer’s Product in inventory (both Producer Line Fill and any amounts above Producer Line Fill quantities) within Midstream Co’s System, or within the respective Individual System within Midstream Co’s System, will be delivered by Midstream Co to the Delivery Point specified by Producer within sixty (60) days after the end of the Term.

Appears in 4 contracts

Samples: Crude Oil Gathering Agreement (Noble Midstream Partners LP), Texas Crude Oil Gathering Agreement (Noble Midstream Partners LP), Crude Oil Gathering Agreement (Noble Midstream Partners LP)

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Line Fill. (i) Producer shall deliver to Midstream Co a pro rata portion of the Product that Midstream Co determines is necessary for efficient operation of the System (such pro rata portion, the “Producer Line Fill”), and Midstream Co shall not be obligated to receive any Product Tendered by Producer until Producer’s delivery of Product to Midstream Co has met the Producer Line Fill. (ii) Midstream Co shall maintain an inventory account (the “Inventory Account”) for Producer and each other shipper or producer on the System which reflects for each Month with respect to each producer and shipper on the System (including Producer) (i) the total volumes received and delivered; (ii) the starting and ending minimum line fill required; (iii) the starting and ending amount of crude oil inventory in Midstream Co’s facilities above the minimum line fill required; and (iv) any other information deemed necessary and appropriate by Midstream Co, all on an Individual System basis. Midstream Co shall provide a statement of Producer’s Inventory Account as part of the supplemental and supporting information for each invoice. (iii) At the end of the Term, Producer’s Product in inventory (both Producer Line Fill and any amounts above Producer Line Fill quantities) within Midstream Co’s System, or within the respective Individual System within Midstream Co’s System, will be delivered by Midstream Co to the Delivery Point specified by Producer within sixty (60) 60 days after the end of the Term.

Appears in 1 contract

Samples: Crude Oil Gathering Agreement (Noble Midstream Partners LP)

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Line Fill. (i) Producer shall deliver to Midstream Co Gatherer a pro rata portion of the Product that Midstream Co Gatherer determines is necessary for efficient operation of the System (such pro rata portion, the “Producer Line Fill”), and Midstream Co Gatherer shall not be obligated to receive any Product Tendered by Producer until Producer’s delivery of Product to Midstream Co Gatherer has met the Producer Line Fill. (ii) Midstream Co Gatherer shall maintain an inventory account (the “Inventory Account”) for Producer and each other shipper or producer on the System which reflects for each Month with respect to each producer and shipper on the System (including Producer) (i) the total volumes received and delivered; (ii) the starting and ending minimum line fill required; (iii) the starting and ending amount of crude oil inventory in Midstream CoGatherer’s facilities above the minimum line fill required; and (iv) any other information deemed necessary and appropriate by Midstream CoGatherer, all on an Individual System basis. Midstream Co Gatherer shall provide a statement of Producer’s Inventory Account as part of the supplemental and supporting information for each invoice. (iii) At the end of the Term, Producer’s Product in inventory (both Producer Line Fill and any amounts above Producer Line Fill quantities) within Midstream CoGatherer’s System, or within the respective Individual System within Midstream CoGatherer’s System, will be delivered by Midstream Co Gatherer to the Delivery Point specified by Producer within sixty (60) days after the end of the Term.

Appears in 1 contract

Samples: Crude Oil Gathering Agreement (Rosehill Resources Inc.)

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