Location Differentials Sample Clauses

Location Differentials. The “Location Differential” component for each Delivery Location is set out in Schedule G.
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Location Differentials. The parties agree that Product Exchanges made pursuant to this Agreement may be subject to Location Differentials as shown on Exchange Contract Addendum A, B, C or D. Unless otherwise noted in the appropriate Exchange Contract Addendum, Location Differentials are to be based on published common carrier pipeline tariffs for the most economical distribution route to which a Xxxxx refinery has access or, if that route becomes unavailable, the best comparable route and tariff ("Tariff-Based Differentials"). Tariff-Based Differentials may be subject to change from time-to-time due to change in the underlying published tariff. Any other Location Differential ("Non-Tariff-Based Differentials") shall be subject to change only upon the mutual written agreement of the parties. In the event of exchanges made between refinery base points, appropriate Location Differentials will be negotiated by the parties on a case-by-case basis, it being the intent of the parties that the Location Differentials reflect spot market values. Xxxxx reserves the right to deliver to origin points or to Alliance Terminals. Location Differentials and Scheduling Fees will be adjusted appropriately. Xxxxx'x right to deliver to terminals may be exercised only under the following circumstances; 1) if Equiva has insufficient "line space" on the common carrier pipeline which suppplies an Alliance Terminal resulting in an inability to satisfy Xxxxx'x demand at that terminal, 2) if Xxxxx is able to deliver to an Alliance Terminal at a lower cost than Equiva, or 3) as mutually agreed.
Sample 1

Related to Location Differentials

  • Price Differential a. On each Business Day that a Transaction is outstanding, the Pricing Rate shall be reset and, unless otherwise agreed, the accrued and unpaid Price Differential shall be settled in cash on each related Price Differential Payment Date. Two Business Days prior to the Price Differential Payment Date, Buyer shall give Seller written or electronic notice of the amount of the Price Differential due on such Price Differential Payment Date. On the Price Differential Payment Date, Seller shall pay to Buyer the Price Differential for such Price Differential Payment Date (along with any other amounts to be paid pursuant to Sections 7 and 35 hereof), by wire transfer in immediately available funds.

  • CP Costs Payments On each Settlement Date, Seller shall pay to Agent (for the benefit of the Conduits) an aggregate amount equal to all accrued and unpaid CP Costs in respect of the outstanding Capital of each of the Conduits for the related Settlement Period in accordance with Article II.

  • Payment at Highest Lawful Rate If the Borrower is not obliged to make a payment that it would otherwise be required to make, as a result of Section 5.6(a), the Borrower shall make such payment to the maximum extent permitted by or consistent with applicable laws, rules and regulations.

  • Breakage Costs Without limiting its generality, Clause 21.1 covers any claim, expense, liability or loss, including a loss of a prospective profit, incurred by a Lender:

  • CP Costs Seller shall pay CP Costs with respect to the Capital associated with each Purchaser Interest of Conduit for each day that any Capital in respect of such Purchaser Interest is outstanding. Each Purchaser Interest funded substantially with Pooled Commercial Paper will accrue CP Costs each day on a pro rata basis, based upon the percentage share the Capital in respect of such Purchaser Interest represents in relation to all assets held by Conduit and funded substantially with related Pooled Commercial Paper.

  • Usage Fee For all days on which the Aggregate Outstanding Credit Exposure exceeds 50% of the Aggregate Commitment, the Parent agrees to pay to the Administrative Agent for the account of each Lender according to its Pro Rata Share a usage fee at a per annum rate equal to the Applicable Fee Rate on the amount of the Aggregate Outstanding Credit Exposure from the date hereof to and including the Facility Termination Date, payable on each Payment Date hereafter, on each respective Commitment Maturity Date, and on the Facility Termination Date.

  • Interest Rates Payments and Calculations (a) Interest Rate. -------------

  • Occupancy Costs (i) The Assuming Bank agrees to pay to the Receiver, or to appropriate third parties at the direction of the Receiver, during and for the period of any occupancy by it of (x) owned Bank Premises the market rental value, as determined by the appraiser selected in accordance with the definition of Fair Market Value, and all operating costs, and (y) leased Bank Premises, all operating costs with respect thereto and to comply with all relevant terms of applicable leases entered into by the Failed Bank, including without limitation the timely payment of all rent. Operating costs include, without limitation all taxes, fees, charges, utilities, insurance and assessments, to the extent not included in the rental value or rent. If the Assuming Bank elects to purchase any owned Bank Premises in accordance with Section 4.6(a), the amount of any rent paid (and taxes paid to the Receiver which have not been paid to the taxing authority and for which the Assuming Bank assumes liability) by the Assuming Bank with respect thereto shall be applied as an offset against the purchase price thereof.

  • Non-Usage Fee The Borrower shall pay to the Bank a non-usage fee on the average daily unused portion of Facility A at a rate of 0.25% per annum, payable in arrears within fifteen (15) days of the end of each calendar quarter for which the fee is owing.

  • Interest Fees and Charges 3.1Interest

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