Common use of Volume Losses Clause in Contracts

Volume Losses. From the date hereof for a period of six (6) Months, the Parties agree to adopt the applicable measurement and volume loss control practices in effect as of the date hereof. The Parties agree to renegotiate the applicable measurement and volume loss control practices at the end of the six (6) Month period, with the intent for the tolerance percentage of volume loss to be at the industry standard.

Appears in 3 contracts

Samples: Transportation Services Agreement (PBF Holding Co LLC), Transportation Services Agreement (Tesoro Corp /New/), Transportation Services Agreement (Tesoro Logistics Lp)

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Volume Losses. From the date hereof for For a period of six (6) Monthsmonths after the Commencement Date, the Parties agree to adopt the applicable measurement and volume loss control practices in effect as of on the date hereofCommencement Date. The Parties agree to renegotiate the applicable measurement and volume loss control practices at the end of the six (6) Month period, 6)-month period with the intent for the tolerance percentage of volume loss to be at the industry standardstandard of 0.25%.

Appears in 2 contracts

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

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