Throughput Charges Sample Clauses

Throughput Charges. For each Month during the Term, Customer will pay Company (i) $0.516 per Barrel of Product throughput and handled at the Terminal for or on behalf of Customer for throughput volumes up to 435,695 average Barrels per Day of Product for Product set forth in Exhibit B to this Schedule so received or withdrawn during such Month (“Tier 1 Rate”), and (ii) $0.05 per Barrel of Product throughput and handled at the Terminal by or on behalf of Customer on terminal throughput volumes in excess of 435,695 average Barrels per Day of Product for Product set forth in Exhibit B to this Schedule so received or withdrawn during such Month (“Tier 2 Rate”), in each case subject to escalation pursuant to Section 11. The Tier 1 Rate and Tier 2 Rate may be referred to collectively or individually as the “Throughput Charge”. For the avoidance of doubt, to the extent any Quarterly Deficiency Payment is applied to any Quarterly Surplus Volumes (such volumes being referred to as “Pre-Paid Volumes”), the Throughput Charge for such Pre-Paid Volumes shall be the Tier 1 Rate for the Calendar Quarter in which such Quarterly Deficiency Payment was made. For each Month within a Calendar Quarter, the Throughput Charge applied to volumes tendered for such Month shall be based on a quarter-to-date calculation of the Minimum Monthly Commitment (as defined below), and the revenue billed for such Month shall be adjusted to reflect such quarter-to-date calculation. For purposes of this Section, the term “Minimum Monthly Commitment” shall be 390,000, average Barrels per Day multiplied by the number of days in the applicable Month. An illustrative example of the quarter-to-date calculation of the Minimum Monthly Commitment and applicable Throughput Charges for such quarter is attached hereto as Exhibit C. For avoidance of doubt, movements of Product from the Terminal to the Refinery for processing at the Refinery and movements of Product out of the Refinery from processing to the Terminal are not considered throughput for which Customer will be charged a Throughput Charge.
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Throughput Charges. For each Month during the Term, Customer agrees to pay Company (i) $0.620 per Barrel of Product delivered to the Terminal by or on behalf of Customer for throughput volumes up to 30,000 average BPD of Product so delivered during such Month, and (ii) $0.240 per Barrel of Product delivered to the Terminal by or on behalf of Customer on terminal throughput volumes in excess of 30,000 average BPD of Product so delivered during such Month (the “Throughput Charges”).
Sample 1Sample 2
Throughput Charges. For each Month during the Term, Customer agrees to pay Company the following throughput charges (collectively, the “Throughput Charges”):
Sample 1Sample 2
Throughput Charges. An LSFO Throughput Charge is calculated by multiplying the number of Physical Barrels of LSFO transported to each of the generating plant tank fields by the respective Transport Charge per Physical Barrel of LSFO transported to that tank field. The base Transport Charges per Physical Barrel of LSFO are: [---] [---] and [---] These per barrel base transport charges shall be adjusted quarterly beginning January 1, 1998, in accordance with a factor ("Cn") based on a Producer Price Index for Fuels and Power, described in Addendum 1, which is attached. The number of Physical Barrels of LSFO transported shall be determined pursuant to Section 7.1.
Sample 1
Throughput Charges. For each Month during the Term, Customer agrees to pay Company the following throughput charges (collectively, the “Throughput Charges”): (a) Truck Rack Throughput Charge. Customer will pay Company $0.301 per Barrel of Product delivered across the Truck Rack for or on behalf of Customer (“Truck Rack Throughput Charge”). (b) SFPP Pipeline Connection Throughput Charge. Customer will pay Company $0.301 per Barrel of Product delivered to the SFPP Pipeline Connection for Customer or on behalf of Customer (“Pipeline Throughput Charge”). 7.
Sample 1
Throughput Charges. For each Month during the Term, Customer agrees to pay Company the following throughput charges (collectively, the “Throughput Charges”): (a) Terminal Throughput Charge. Customer will pay (i) $0.243 per Barrel of Product delivered to the Terminal by or on behalf of Customer for the first 160,000 average Barrels per Day of Product so delivered during such Month; (ii) $0.071 per Barrel of Product delivered to the Terminal by or on behalf of Customer for volumes in excess of 160,000 average Barrels per Day of Product so delivered during such Month up to 200,000 average Barrels per Day of Product so delivered during such Month; and (iii) $0.06 per Barrel of Product delivered to the Terminal by or on behalf of Customer in excess of 200,000 average Barrels per Day of Product so delivered during such Month (the “Terminal Throughput Charge”), in each case subject to escalation pursuant to Section 10. (b) MarketLink Connection Charge. Customer will pay $0.05 per Barrel of Product delivered to the Terminal by or on behalf of Customer through the TransCanada Connection (“TransCanada Throughput Charge”), which TransCanada Throughput Charge shall be reduced to $0.015 per Barrel of Product delivered to the Terminal through the TransCanada Connection by or on behalf of Customer when the Keystone XL Pipeline commences commercial service for the transportation of crude oil from its origin point at or near Xxxxxxxx, Xxxxxxx to the Terminal, subject to escalation pursuant to Section 10. 8.
Sample 1

Related to Throughput Charges

  • Service Charges No service charge shall be made for any exchange or registration of transfer of Warrants.

  • Maximum Charges In no event whatsoever shall interest and other charges charged hereunder exceed the highest rate permissible under law. In the event interest and other charges as computed hereunder would otherwise exceed the highest rate permitted under law, such excess amount shall be first applied to any unpaid principal balance owed by Borrowers, and if the then remaining excess amount is greater than the previously unpaid principal balance, Lenders shall promptly refund such excess amount to Borrowers and the provisions hereof shall be deemed amended to provide for such permissible rate.

  • Common Area Charges Tenant shall pay to Landlord, as additional rent, an amount equal to One Hundred percent (100.00%) of the total common area charges as defined below. Tenant’s percentage share of common area charges shall be paid as follows. Tenant’s estimated monthly payment of common area charges payable by Tenant during the calendar year in which the term commences is set forth in paragraph 4(b) of this lease. Prior to the commencement of each succeeding calendar year of the term (or as soon as practicable thereafter, Landlord shall deliver to Tenant a written estimate of Tenant’s monthly payment of common area charges. Tenant shall pay, as additional rent, on the first day of each month during the term in accordance with paragraph 4(b) of the lease, its monthly share of common area charges as estimated by Landlord. Within one hundred twenty (120) days of the end of each calendar year and of the termination of this lease (or as soon as practicable thereafter), Landlord shall deliver to Tenant a statement of actual common area charges incurred for the preceding year. If such statement shows that Tenant has paid for less than its actual percentage, then Tenant shall on demand pay to Landlord the amount of such deficiency. If Tenant fails to pay such deficiency due within ten (10) days after demand, Tenant shall pay an additional ten percent (10%) of the amount due as a penalty. If such statement shows that Tenant has paid more than its actual percentage share then Landlord shall, at its option, promptly refund such excess to Tenant or credit the amount thereof to the common area charge next becoming due from Tenant. Landlord reserves the right to revise any estimate of common area charges if actual or projected common area charges show an increase or decrease in excess of 10% from any earlier estimate for the same period. In such event, Landlord shall deliver the revised estimate to Tenant, together with an explanation of the reasons therefore, and Tenant shall revise its payments accordingly. Landlord’s and Tenant’s obligation with respect to adjustments at the end of the term or earlier expiration of this lease shall survive such termination or expiration. “Common area charges,” as used in this lease, shall include, but not be limited to, (i) all items identified in paragraphs 8, 9, 11, 12, 13 and 16 as being common area charges; (ii) amortization of such capital improvements having a useful life greater than one year as Landlord may have installed for the purpose of reducing operating costs and/or to comply with governmental rules and regulations promulgated after completion of the building (Tenant’s share of any such capital improvement shall equal Tenant’s proportionate share of the fraction of the cost of such capital improvement equal to the remaining term of the lease over the useful life of such capital improvement); (iii) salaries and employee benefits (including union benefits) of personnel engaged in the operation and maintenance of the Project (or the building in which the Premises are located) and payroll taxes applicable thereto; (iv) supplies, materials, equipment and tools used or required in connection with the operation and maintenance of the Project; (v) licenses, permits and inspection fees; (vi) a reasonable reserve for repairs and replacement of equipment used in the maintenance and operation of the Project; (vii) all other operating costs incurred by Landlord in maintaining and operating the Project; and (viii) an amount equal to five percent (5%) of the actual expenditures for the aggregate of all other common area charges as compensation for Landlord’s accounting and processing services.

  • DIRECT CHARGES To the extent Cash-based Expenses are incurred by the Contractor, the Contractor shall be reimbursed for reasonable and necessary actual direct costs incurred (e.g., equipment, supplies, travel and other costs directly associated with the performance of the Agreement) to the extent required in the performance of the Work and to the extent such costs are anticipated in the Budget. Travel, lodging, meals and incidental expenses shall be reimbursed for reasonable and necessary costs incurred. Costs shall not exceed the daily per diem rates published in the Federal Travel Regulations. Reimbursement for the use of personal vehicles shall be limited to the Internal Revenue Service business standard mileage rate in effect at the time the expense was incurred.

  • Utility Charges Tenant shall pay or cause to be paid all charges for electricity, power, gas, oil, water and other utilities used in connection with the Leased Property.

  • Operating Costs The Assuming Institution agrees, during its period of use of any Leased Data Management Equipment, to pay to the Receiver or to appropriate third parties at the direction of the Receiver all operating costs with respect thereto and to comply with all relevant terms of any existing Leased Data Management Equipment leases entered into by the Failed Bank, including without limitation the timely payment of all rent, taxes, fees, charges, maintenance, utilities, insurance and assessments.

  • Monthly Base Rent On each Due Date, each Lessee shall pay to the Lessor the Monthly Base Rents that have accrued during the Related Month with respect to all Vehicles that were leased by such Lessee under this Operating Lease on any day during the Related Month;

  • Delinquent Payment; Handling Charges All past due payments required of Tenant hereunder shall bear interest from the date due until paid at the lesser of twelve percent (f2%) per armum or the maximum laWful rate of interest (such lesser amount is referred to herein as the "Default Rate"); additionally, Landlord, in addition to all other rights and remedies available to it, may charge Tenant a fee equal to three and one-half percent (3.5%) of the delinquent payment to reimburse Landlord for its cost and inconvenience incurred as a consequence of Tenant's delinquency. In no event, however, shall the charges permitted under this Section 5 or elsewhere in this Lease, to the extent they are considered to be interest under applicable Law, exceed the maximum lawful-rate of interest. Notwithstanding the foregoing, the late fee referenced above shall not be charged with respect to the first occurrence (but not any subsequent occurrence) during any 12-month period that Tenant fails to make payment when due, unless such failure continues following the expiration of five (5) days after Landlord delivers written notice of such delinquency to Tenant.

  • Minimum Monthly Rent Tenant shall pay minimum monthly rent (“Minimum Monthly Rent”) in the initial amount stated in Section 1.5, which amount shall be subject to increase as provided in Sections 1.5 and 4.3. Tenant shall pay the Minimum Monthly Rent on or before the first day of each calendar month, in advance, at the office of Landlord or at such other place designated by Landlord, without deduction, offset or prior demand. If the Commencement Date is not the first day of a calendar month, the rent for the partial month at the beginning of the Lease Term shall be prorated on a per diem basis and shall be due on the first day of such partial month. Upon execution of this Lease, Tenant shall pay the first month’s Minimum Monthly Rent to Landlord.

  • Operating Expense Payments Landlord shall deliver to Tenant a written estimate of Operating Expenses for each calendar year during the Term (the “Annual Estimate”), which may be revised by Landlord from time to time during such calendar year. During each month of the Term, on the same date that Base Rent is due, Tenant shall pay Landlord an amount equal to 1/12th of Tenant’s Share of the Annual Estimate. Payments for any fractional calendar month shall be prorated.

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