Common use of Shortfall Credits Clause in Contracts

Shortfall Credits. (a) If Customer pays any Terminals Shortfall Fee with respect to any Quarter, then, subject to the other provisions of this Section 6.2, for a period of four full Quarters from the end of the Quarter in which such Terminals Shortfall Fee was accrued, Customer shall be entitled to a credit with respect to the Terminals Fees payable by Customer during any such Quarter in connection with volumes of Customer Crude Oil Tendered by Customer or for Customer’s account into the Receipt Points during any such Quarter, but only to the extent such volumes so Tendered are in excess of the applicable Dedicated Crude Oil Estimate for such Quarter (each such volume credit, stated in Barrels, a “Terminals Shortfall Credit”). TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH TWO ASTERISKS (**).

Shortfall Credits. (a) If Customer pays any Terminals NGL Shortfall Fee with respect to any QuarterQuarter in the NGL Services Secondary Term or thereafter, then, subject to the other provisions of this Section 6.2, for a period of four full Quarters from the end of the Quarter in which such Terminals NGL Shortfall Fee was accrued, Customer shall be entitled to a credit with respect to the Terminals NGL Fees payable by Customer during any such Quarter in connection with volumes of Customer Crude Oil NGLs Tendered into the Terminals System by Customer or for Customer’s account into the Receipt Points during any such Quarter, but only to the extent such volumes so Tendered are in excess of the applicable Dedicated Crude Oil System NGL Estimate for such Quarter (each such volume credit, stated in Barrels, a “Terminals Shortfall Credit”). TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH TWO ASTERISKS (**).

Shortfall Credits. (a) If Customer pays any Terminals NGL Shortfall Fee with respect to any QuarterQuarter in the NGL Services Secondary Term or thereafter, then, subject to the other provisions of this Section 6.2, for a period of four full Quarters from the end of the Quarter in which such Terminals NGL Shortfall Fee was accrued, Customer shall be entitled to a credit with respect to the Terminals NGL Fees payable by Customer during any such Quarter in connection with volumes of Customer Crude Oil NGLs Tendered into the Terminals System by Customer or for Customer’s account into the Receipt Points during any such Quarter, but only to the extent such volumes so Tendered are in excess of the applicable Dedicated Crude Oil System NGL Estimate for such Quarter (each such volume credit, stated in Barrels, a “Terminals "Shortfall Credit”"). TERMS IN CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN FILED SEPARATELY WERE OMITTED BY MEANS OF MARKING SUCH PORTIONS WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH TWO ASTERISKS BRACKETS (“[**)*]”) BECAUSE THE IDENTIFIED CONFIDENTIAL PORTIONS (I) ARE NOT MATERIAL AND (II) IS THE TYPE OF INFORMATION THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL.