Tolling Fee. (a) Supplier shall invoice Purchaser, and Purchaser shall pay the Tolling Fee for the Product, in the Currency (as converted through the Currency Conversion Rate).
Tolling Fee. EPMI shall pay ______ $____/mmbtu of Gas as a tolling fee (the “Tolling Fee”) for ____’s services in generating the Energy from the Gas.
Tolling Fee. The tolling fee to be paid by Hydro to the Company will be a fraction of the London Metal Exchange ("LME") price for contracts for High Grade aluminum (99.7 or P1020), as follows: LME INDEX TOLLING FEE % OF $/TON LME CONTRACT P1020 --------- ------------------ Below 1,450 *** 1,450-1,700 *** Above 1,700 *** Effective from 1 January 1997 through 31 December 1997, the tolling fee shall be not less than $*** per metric ton. The LME price used for measurement purposes will be the LME cash settlement price as published in Metals Week, averaged for the three-month period immediately preceding the month of production. The tolling fee is applicable to all production of aluminum metal hereunder, as adjusted for the production of casthouse products as set forth in Section 5 or for the production of off-grade aluminum as set forth in Section 11. If during any three-month period, the weekly LME cash price on average is more than $20 per metric ton above the average LME three-month contract price (which condition is called "excess backwardation"), then the LME price for measuring purposes computed for such period (and for any continuing period until such excess backwardation ends) shall be the lower of the LME cash or three-month contract price. Thereafter, the measuring price shall again be the LME cash price. The tolling fee covers all costs of handling, storing and loading the aluminum metal produced hereunder until loaded on board railcar or truck at Goldendale. Hydro will have the right to store a maximum of 90 days inventory at Goldendale without additional charge and the Company shall issue to Hydro a warehouse receipt evidencing the finished goods stored. Hydro shall be entitled, at any time, to direct the Company to release some or all of such stored aluminum for sale. As may be directed by Hydro, and in accordance with appropriate bills of lading or other documents of title, the Company will load Hydro's converted aluminum, for shipment to such location as Hydro directs. On average, at least 90% of the annual production will be delivered by the Company as P1020, subject to the production of casthouse products as set forth in Section 5 or the production of off-grade aluminum as set forth in Section 11.
Tolling Fee. The Borrower hereby agrees to pay to each Lender on the last day of each fiscal quarter (beginning on December 31, 2007) a tolling fee equal to 100 basis points of the Revolving Loans made by it that are then outstanding on such day.
Tolling Fee. Nova shall pay to Xxxxx the Initial Tolling Fee and the Deferred Tolling Fee according to amount and terms set forth on Schedule 1. ARTICLE 5 WARRANTY, QUANTITY AND QUALITY DETERMINATIONS, NON-STANDARD PRODUCT AND LIABILITY
Tolling Fee. The price for Product supplied by Manufacturer hereunder (the "Tolling Fee") shall be calculated as set forth in Schedule 4.01 hereto. -------------
Tolling Fee. Unless Customer has terminated this Agreement in accordance with Section 2.3 as permitted thereby, Customer shall pay to the Company pursuant to Section 6.3 a monthly fee (the "TOLLING FEE") on each Payment Date, for the Tolling Period ending immediately prior to such Payment Date, and on the Termination Date, for the period commencing with and including the Payment Date immediately prior to the Termination Date through and including such Termination Date, in accordance with the following formula: TF(n) = DFC(n) + EFC(n) + OMC(n) where: TF = Tolling Fee for such period. n = the Payment Date. DFC(n) = Debt Financing Charge (in Dollars) for such period which amount includes all amounts due and owing as of such Payment Date under the Note Purchase Agreement (excluding amounts becoming due solely as a result of the Noteholders' accelerating the Notes issued under the Note Purchase Agreement directly as a result of Customer's terminating this Agreement in accordance with Section 2.3 as permitted thereby), the amount the Company is obligated to deposit in the Debt Service Reserve Account on such Payment Date and all amounts due and owing with respect to the Subordinated Debt. EFC(n) = Amounts (in Dollars) owed by the Company under Section 4.2 of the Limited Liability Company Agreement due and owing as of such Payment Date. OMC(n) = All administrative, operating and maintenance costs of whatever nature of the Company due and owing as of such Payment Date. All Tolling Fees shall be payable without withholding, setoff or deduction regardless of any events or occurrences whatsoever (whether or not within the control of the Parties) and whether or not Customer has delivered any Feedstock to the MDS Facility and shall not be reduced for any reason other than as permitted by Section 2.3.
Tolling Fee
