Recovery of Certain Costs. (a) If Holdings agrees to make any expenditures at Company’s request, Company will reimburse Holdings for such expenditures or, at Holdings’ option and if the Parties agree, the applicable Monthly Fee will be increased, or additional fees shall be added, or an alternate mechanism shall be adopted to allow Holdings to recover such expenditures over time from Company or another entity.
Appears in 2 contracts
Samples: Terminal Services Agreement, Terminal Services Agreement (Phillips 66 Partners Lp)
Recovery of Certain Costs. (a) If Holdings agrees to make any expenditures at Company’s request, Company will reimburse Holdings for such expenditures or, at Holdings’ option and if the Parties agree, the any applicable Monthly Fee fees set forth on Exhibit A will be increased, or additional fees shall be addedadded to Exhibit A, or an alternate mechanism shall be adopted to allow Holdings to recover the amount paid for such expenditures over time from Company or another entitytime.
Appears in 2 contracts
Samples: Terminal Services Agreement (Phillips 66 Partners Lp), Terminal Services Agreement (Phillips 66 Partners Lp)
Recovery of Certain Costs. (a) If Holdings agrees to make any expenditures at Company’s request, Company will reimburse Holdings for the actual amount paid by Holdings for such expenditures or, at Holdings’ ’s option and if the Parties agree, the any applicable Monthly Fee fees set forth on Exhibit A will be increased, or additional fees shall be addedadded to Exhibit A, or an alternate mechanism shall be adopted imposed to allow Holdings to recover the amount paid by Holdings for such expenditures over time from Company or another entity.
Appears in 1 contract
Samples: Storage Services Agreement (Phillips 66 Partners Lp)
Recovery of Certain Costs. (a) If Holdings agrees to make any capital expenditures at Company’s request, Company will reimburse Holdings for the actual amount paid by Holdings for such capital expenditures or, at Holdings’ option and if the Parties agree, the any applicable Monthly Fee fees set forth on Exhibit A will be increased, or additional fees shall be addedadded to Exhibit A, or an alternate mechanism shall be adopted to allow Holdings to recover the amount paid by Holdings for such capital expenditures over time from Company or another entitytime.
Appears in 1 contract
Samples: Terminal Services Agreement (Phillips 66 Partners Lp)
Recovery of Certain Costs. (a) If Holdings agrees to make any expenditures at Company’s request, Company will reimburse Holdings for the actual amount paid by Holdings for such expenditures or, at Holdings’ option and if the Parties agree, the any applicable Monthly Fee fees set forth on Exhibit A will be increased, or additional fees shall be addedadded to Exhibit A, or an alternate mechanism shall be adopted imposed to allow Holdings to recover the amount paid by Holdings for such expenditures over time from Company or another entity.
Appears in 1 contract