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Common use of Removal of Equipment from Service Clause in Contracts

Removal of Equipment from Service. If at any time during the Term, any tank, rack or other equipment or facility of TLO that is dedicated to TRMC or otherwise being used to provide services hereunder, is removed from service, and if removal of such tank, rack or other equipment or facility from service restricts TRMC from being able to throughput the Reserved Capacity and receive associated Ancillary Services at the Terminal where such tank, rack or other equipment or facility is located, then until such tank, rack or other equipment or facility is restored to service, TRMC’s Minimum Throughput Commitment shall be reduced by the difference between the Stipulated Volume and the amount that TRMC can effectively throughput at such location without restriction until such tank, rack or other equipment or facility is restored to service. In the event at any time this Agreement is terminated as to one or more Terminals, as provided herein, then the Minimum Throughput Commitment shall thereafter be reduced by the applicable Stipulated Volume for each Terminal that is no longer subject to this Agreement.

Appears in 5 contracts

Samples: Master Terminalling Services Agreement, Master Terminalling Services Agreement (Tesoro Corp /New/), Master Terminalling Services Agreement (Tesoro Logistics Lp)