Common use of Rate and Fee Clause in Contracts

Rate and Fee. The Storage Services Fee shall be calculated using the per Barrel rate set forth on the Terminal Service Orders executed effective as of the Commencement Date for the then-existing aggregate Shell Capacity of all of the Tanks in the Storage Facility. The Storage Services Fee owed during the Month in which the Commencement Date occurs, if less than a full calendar month, shall be prorated in accordance with the ratio of (i) the number of days in such Month during which this Agreement is effective to (ii) the total number of days in such Month.

Appears in 4 contracts

Sources: Storage Services Agreement (Tesoro Logistics Lp), Storage Services Agreement (Tesoro Corp /New/), Storage Services Agreement (Tesoro Logistics Lp)

Rate and Fee. The Storage Services Fee shall be calculated using the per Barrel rate set forth on the Terminal Service Orders executed effective as of the Commencement Date for the then-existing aggregate Shell Capacity of all of the Tanks in the Storage Facility. The Storage Services Fee owed during the Month in which the Commencement Date occurs, if less than a full calendar monthMonth, shall be prorated in accordance with the ratio of (i) the number of days in such Month during which this Agreement is effective to (ii) the total number of days in such Month.

Appears in 3 contracts

Sources: Services Agreement (Tesoro Corp /New/), Services Agreement (Tesoro Logistics Lp), Storage Services Agreement

Rate and Fee. The Storage Services Fee shall be calculated using the per Barrel rate set forth on the Terminal Service Orders executed effective as of the Commencement Date for the then-existing aggregate Shell Capacity of all of the Tanks in the Storage FacilityFacilities. The Storage Services Fee owed during the Month in which the Commencement Date occurs, if less than a full calendar monthMonth, shall be prorated in accordance with the ratio of (i) the number of days in such Month during which this Agreement is effective to (ii) the total number of days in such Month.

Appears in 2 contracts

Sources: Storage Services Agreement (Tesoro Corp /New/), Storage Services Agreement (Tesoro Logistics Lp)

Rate and Fee. The Storage Services Fee shall be calculated using the per Barrel rate set forth on the Terminal Storage Service Orders executed effective as of the Commencement Date for the then-existing aggregate Shell Capacity of all of the Tanks in the Storage FacilityTanks. The Storage Services Fee owed during the Month in which the Commencement Date occurs, if less than a full calendar monthMonth, shall be prorated in accordance with the ratio of (i) the number of days in such Month during which this Agreement is effective to (ii) the total number of days in such Month.

Appears in 1 contract

Sources: Transportation Services Agreement (PBF Holding Co LLC)

Rate and Fee. The Storage Services Fee shall be calculated using the per Barrel rate set forth on the Terminal Service Orders executed effective as of the Commencement Date for the then-existing aggregate Shell Capacity of all of the Tanks in the Storage FacilityTank. The Storage Services Fee owed during the Month in which the Commencement Date occurs, if less than a full calendar monthMonth, shall be prorated in accordance with the ratio of (i) the number of days in such Month during which this Agreement is effective to (ii) the total number of days in such Month.

Appears in 1 contract

Sources: Storage Services Agreement (PBF Holding Co LLC)

Rate and Fee. The Storage Services Fee shall be calculated using the per Barrel rate set forth on the Terminal Service Orders executed effective as of the Commencement Date for the then-existing aggregate Shell Capacity of all of the Tanks in the Storage FacilityTanks. The Storage Services Fee owed during the Month in which the Commencement Date occurs, if less than a full calendar month, shall be prorated in accordance with the ratio of (i) the number of days in such Month during which this Agreement is effective to (ii) the total number of days in such Month.

Appears in 1 contract

Sources: Storage Services Agreement (Tesoro Corp /New/)

Rate and Fee. The Storage Services Fee shall be calculated using the per Barrel rate set forth on the Terminal Service Orders executed effective as of the Commencement Date for the then-existing aggregate Shell Capacity of all of the Tanks in the Storage Facility. The Storage Services Fee owed during the Month in which the Commencement Date occurs, if less than a full calendar monthMonth, shall be prorated in accordance with the ratio of (i) the number of days in such Month during which this Agreement is effective to (ii) the total number of days in such Month.

Appears in 1 contract

Sources: Storage and Terminaling Services Agreement (PBF Logistics LP)

Rate and Fee. The Storage Services Fee shall be calculated using the per Barrel rate set forth on the Terminal Service Orders executed effective as of the Commencement Date for the then-existing aggregate Shell Capacity of all of the Tanks in the Storage Facility. The Storage Services Fee owed during the Month in which the Commencement Date occurs, if less than a full calendar monthMonth, shall be prorated in accordance with the ratio of (i) the number of days in such Month during which this Agreement is effective to (ii) the total number of days in such Month.

Appears in 1 contract

Sources: Storage Services Agreement (Tesoro Corp /New/)