Common use of Recovery of Certain Costs Clause in Contracts

Recovery of Certain Costs. (a) If Carrier agrees to make any expenditures at Company’s request, Company will reimburse Carrier for such expenditures or, at Carrier’s option and if the Parties agree, Carrier may amend the Carrier Tariff in order to increase the Tariff Rate so that Carrier may recover the amounts paid for such expenditures over time. (b) If new Laws require Carrier to make substantial and unanticipated expenditures in connection with the services Carrier provides to Company under this Agreement, Company will reimburse Carrier for Company’s proportionate share of the costs of complying with such Laws, or at Carrier’s option and if the Parties agree, Carrier may amend the Carrier Tariff in order to increase the Tariff Rate so that Carrier may recover such costs over time.

Appears in 4 contracts

Samples: Transportation Services Agreement (Phillips 66 Partners Lp), Transportation Services Agreement (Phillips 66 Partners Lp), Transportation Services Agreement (Phillips 66 Partners Lp)

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Recovery of Certain Costs. (a) If Carrier agrees to make any expenditures at Company’s request, Company will reimburse Carrier for such expenditures or, at Carrier’s option and if the Parties agree, any applicable fees set forth on Exhibit B will be increased, or additional fees shall be added to Exhibit B, or an alternate mechanism shall be adopted to allow Carrier may amend the Carrier Tariff in order to increase the Tariff Rate so that Carrier may recover the amounts paid for such expenditures over time. (b) If new Laws require Carrier to make substantial and unanticipated expenditures in connection with the services Carrier provides to Company under this Agreement, Company will reimburse Carrier for Company’s proportionate share of the costs of complying with such Laws, or at Carrier’s option and if the Parties agree, relevant periodic or unit charges will be increased or an alternate mechanism shall be adopted to allow Carrier may amend to recover the Carrier Tariff in order to increase the Tariff Rate so that Carrier may recover amount paid for such costs over time.

Appears in 2 contracts

Samples: Terminal Services Agreement (Phillips 66 Partners Lp), Terminal Services Agreement (Phillips 66 Partners Lp)

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