Common use of Monthly True-Up Payment Clause in Contracts

Monthly True-Up Payment. MSCG shall use commercially reasonable efforts to provide to DCRC, within 20 calendar days after the end of a Delivery Month, a notification (the “Monthly True-Up Notice”) and appropriate supporting documentation for the net true-up amount due from one Party to the other Party (the “Monthly True-Up Payment”) showing the following: 9.6.1 the Ancillary Costs for such Delivery Month or any adjustment to Ancillary Costs previously determined and invoiced; 9.6.2 the Monthly Specialty Premium Adjustment for such Delivery Month; 9.6.3 any adjustments to the prices or volumes used to determine the amount payable by one Party to the other in respect of previously invoiced purchases of Intermediate Product and Slurry hereunder based upon additional information obtained after such invoicing; 9.6.4 any adjustments to the Location Premium, Specialty Grade Premium or Sales Incentive based upon additional information obtained after invoicing in respect of a calendar week or a calendar quarter, as applicable; and 9.6.5 any other adjustments to amounts payable by one Party to the other Party hereunder.

Monthly True-Up Payment. MSCG shall use commercially reasonable efforts to provide to DCRCPBF, within 20 calendar days ten Business Days after the end of a Delivery Month, a notification (the “Monthly True-Up Notice”) and appropriate supporting documentation for the net true-up amount due from one Party to the other Party (the “Monthly True-Up Payment”) showing the following: 9.6.1 the Ancillary Costs for such Delivery Month or any adjustment to Ancillary Costs previously determined and invoiced; 9.6.2 the Monthly Specialty Premium Adjustment for such Delivery Month; 9.6.3 any adjustments to the prices or volumes used to determine the amount payable by one Party to the other in respect of previously invoiced purchases of Intermediate Product Product, Slurry and Slurry Lubes hereunder based upon additional information obtained after such invoicing; 9.6.4 any adjustments to the Location Premium, Specialty Grade Premium or Sales Incentive based upon additional information obtained after invoicing in respect of a calendar week or a calendar quarter, as applicable; and 9.6.5 any other adjustments to amounts payable by one Party to the other Party hereunder.

Monthly True-Up Payment. MSCG shall use commercially reasonable efforts to provide to DCRCPBF, within 20 calendar days ten Business Days after the end of a Delivery Month, a notification (the “Monthly True-Up Notice”) and appropriate supporting documentation for the net true-up amount due from one Party to the other Party (the “Monthly True-Up Payment”) showing the following: 9.6.1 the Ancillary Costs for such Delivery Month or any adjustment to Ancillary Costs previously determined and invoiced; 9.6.2 the Monthly Specialty Premium Adjustment for such Delivery Month; 9.6.3 any adjustments to the prices or volumes used to determine the amount payable by one Party to the other in respect of previously invoiced purchases of Intermediate Product and Slurry Lubes hereunder based upon additional information obtained after such invoicing; 9.6.4 any adjustments to the Location Premium, Specialty Grade Premium or Sales Incentive based upon additional information obtained after invoicing in respect of a calendar week or a calendar quarter, as applicable; and 9.6.5 any other adjustments to amounts payable by one Party to the other Party hereunder.

Monthly True-Up Payment. MSCG shall use commercially reasonable efforts to provide to DCRCPBF, within 20 calendar days after the end of a Delivery Month, a notification (the “Monthly True-Up Notice”) and appropriate supporting documentation for the net true-up amount due from one Party to the other Party (the “Monthly True-Up Payment”) showing the following: 9.6.1 the Ancillary Costs for such Delivery Month or any adjustment to Ancillary Costs previously determined and invoiced; 9.6.2 the Monthly Specialty Premium Adjustment for such Delivery Month; 9.6.3 any adjustments to the prices or volumes used to determine the amount payable by one Party to the other in respect of previously invoiced purchases of Intermediate Product and Slurry hereunder based upon additional information obtained after such invoicing; 9.6.4 any adjustments to the Location Premium, Specialty Grade Premium or Sales Incentive based upon additional information obtained after invoicing in respect of a calendar week or a calendar quarter, as applicable; and 9.6.5 any other adjustments to amounts payable by one Party to the other Party hereunder.