Common use of Monthly Shortfall Credit Clause in Contracts

Monthly Shortfall Credit. If the Aggregate Base Fee is less than the MTVF, then Customer shall receive a “Shortfall Credit” equal to such difference.

Appears in 2 contracts

Samples: Long Beach Berth Throughput Agreement (Tesoro Corp /New/), Long Beach Berth Throughput Agreement (Tesoro Logistics Lp)

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Monthly Shortfall Credit. If the Aggregate Base Fee is less than the MTVF, then Customer shall receive a “Shortfall Credit” equal to such difference.

Appears in 2 contracts

Samples: Sublease Rights and Escrow Agreement (Andeavor Logistics Lp), Terminal Use and Throughput Agreement (Tesoro Corp /New/)

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