Monthly True-Up Payment. Xxxx shall use commercially reasonable efforts to provide to PRC, on the applicable “True Up Date” set forth on Schedule I, the Monthly True-Up Statement, showing the net true up amount due from one Party to the other Party (the “Monthly True-Up Payment”), and including the following amounts (without duplication): 12.5.1 the Aggregate Monthly Product True-Up Amount; plus 12.5.2 the Ancillary Costs for such month not otherwise paid or satisfied hereunder pursuant to Section 6.6, and as evidenced in the relevant Backup Certificate; and plus or minus, as applicable, 12.5.3 any other adjustments to amounts payable by one Party to the other Party pursuant to this Agreement.
Appears in 4 contracts
Samples: Inventory Intermediation Agreement (PBF Energy Co LLC), Inventory Intermediation Agreement (PBF Finance Corp), Inventory Intermediation Agreement (PBF Energy Inc.)
Monthly True-Up Payment. Xxxx shall use commercially reasonable efforts to provide to PRCDCR, on the applicable “True Up Date” set forth on Schedule I, the Monthly True-Up Statement, showing the net true up amount due from one Party to the other Party (the “Monthly True-Up Payment”), and including the following amounts (without duplication):
12.5.1 the Aggregate Monthly Product True-Up Amount; plus
12.5.2 the Ancillary Costs for such month not otherwise paid or satisfied hereunder pursuant to Section 6.6, and as evidenced in the relevant Backup Certificate; and plus or minus, as applicable,
12.5.3 any other adjustments to amounts payable by one Party to the other Party pursuant to this Agreement.
Appears in 2 contracts
Samples: Inventory Intermediation Agreement (PBF Energy Co LLC), Inventory Intermediation Agreement (PBF Holding Co LLC)