Examples of Actual Throughput in a sentence
Subject to Sections 2(e) and Section 2(h), Lion shall pay Logistics an amount equal to the Throughput Fee multiplied by the Actual Throughput at the Terminal.
Xxxx shall have no liability or obligation for, (1) meeting any Minimum Throughput Commitment under Section 2(b), (2) any Shortfall Payments under Section 2(e), (3) any amounts payable under Section 2(h) (other than Throughput Fees for Actual Throughput of X.
The actual throughput ("Actual Throughput") for any Contract Year(s) shall be the cumulative sum of the total volume throughput of Gas delivered by Shipper and received by Gatherer for gathering hereunder that flowed during said Contract Year plus the cumulative total of Shipper volumes that flowed during the preceding Contract Year that was in excess of the Total Volume Throughput Commitment for that Contract Year.
The term True-Up Payment ("True-Up Payment(s)") for any applicable Contract Year means a payment by Shipper to Gatherer for the positive difference, if any, between the Total Volume Throughput Commitment for such Contract Year and the Actual Throughput during such Contract Year, calculated by multiplying such difference by the cumulative weighted average Gathering Fee(s) hereunder during the Contract Year for which the True-up Payment is to be made.
Xxxx Materials to the extent due under Section 2(c)), (4) any Deficiency Payments under Section 9 (other than with respect to Throughput Fees for Actual Throughput of X.
If the Actual Throughput for any Lease Year is less than the Minimum Guaranteed Throughput for that Lease Year, Lessee agrees to make a Wharfage Deficit Payment to the Authority equal to the product of (A) the number of Tons by which the Minimum Guaranteed Throughput for such Lease Year exceeds the Actual Throughput for such Lease Year, multiplied by (B) the Authority’s Wharfage Rate for Dry Bulk Cargo on the last day of such Lease Year.
Should there be a throughput commitment set forth in the terms of any Individual Transaction Confirmation under this Agreement and if the Actual Throughput (as defined below) for any applicable Contract Year is less than the Total Volume Throughput Commitment for such Contract Year as set forth in the applicable Individual Transaction Confirmation, Shipper shall pay to Gatherer a True-Up Payment (as defined below) for such Contract Year in accordance with the following.
Subject to Sections 2(e) and Section 2(k), Refining shall pay Logistics an amount equal to the Throughput Fee multiplied by the Actual Throughput at the Terminal.