Marathon Daily Pentane. Value (“MDPV”): the daily agreed upon Marathon pentane purchase price (“MPPP”) from supplier, plus the total daily RIN value (“DRV”), multiplied by the daily total number of butane Gallons blended (“GB”). Expressed as a formula: MDPV = (GB) * (MPPP + DRV + TC)
Appears in 4 contracts
Samples: Terminal Services Agreement (MPLX Lp), Terminal Services Agreement (MPLX Lp), Terminal Services Agreement (MPLX Lp)
