Common use of Transportation Tax Clause in Contracts

Transportation Tax. (a) The SENDER shall be responsible for the transportation tax as per the provisions of the regulations in force. The calculation of the amount payable as transportation tax on the SENDER’S charge will be made based on the “Net Standard Volume” (“NSV”) without compensation reported in the Volumetric Compensation by Quality of the Pipeline and certified by the independent inspector at the Point of Entry of the Pipeline.

Appears in 4 contracts

Samples: Transportation Agreement (Gran Tierra Energy Inc.), Transportation Agreement (Gran Tierra Energy Inc.), Offloading Agreement (Gran Tierra Energy Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.