Ancillary Costs definition

Ancillary Costs means, to the extent reasonably demonstrated by Xxxx by trade ticket, invoice or other supporting documentation, all freight, pipeline, transportation, storage, tariffs and other costs and expenses incurred as a result of the purchase, movement and storage of Crude Oil or Products undertaken in connection with or required for purposes of this Agreement (whether or not arising under Xxxx Procurement Contracts and regardless of the point at which or terms upon which delivery is made under any such Xxxx Procurement Contract), including, ocean-going freight and other costs associated with waterborne movements, inspection costs and fees, wharfage, port and dock fees, vessel demurrage, lightering costs, ship’s agent fees, import charges, waterborne insurance premiums, fees and expenses, broker’s and agent’s fees, load or discharge port charges and fees, pipeline transportation costs, pipeline transfer and pumpover fees, pipeline throughput and scheduling charges (including any fees and charges resulting from changes in nominations undertaken to satisfy delivery requirements under this Agreement), pipeline and other common carrier tariffs, blending, tankage, linefill and throughput charges, pipeline demurrage, superfund and other comparable fees, processing fees (including fees for water or sediment removal or feedstock decontamination), merchandise processing costs and fees, any charges imposed by any Governmental Authority (including transfer taxes (but not taxes on the net income of Xxxx) and customs and other duties), user fees, fees and costs for any credit support provided to any third party with respect to any transactions contemplated by this Agreement and any pipeline compensation or reimbursement payments that are not timely paid by the pipeline to Xxxx. Notwithstanding the foregoing, the following shall not be considered Ancillary Costs: (i) Aron’s hedging costs in connection with this Agreement or the transactions contemplated hereby (but such exclusion shall not change or be deemed to change the manner in which Related Xxxxxx are addressed under Articles 19 and 20 below), (ii) any costs for which Xxxx has otherwise been compensated under this Agreement and the Transaction Documents by the inclusion of the full amount thereof in any other payment made hereunder, including pursuant to any true-up, adjustment, or netting mechanism provided for thereunder, or (iii) any costs which Xxxx has agreed, in accordance with the express terms hereof, shall be sol...
Ancillary Costs means all costs and expenses associated with or arising from a purchase such as, but not limited to shipping, handling, taxes, or installation.
Ancillary Costs means all actual costs and expenses incurred as a result of the purchase, sale, storage, receipt, delivery, handling, loading, discharge, movement and blending of Products at the Refinery, the Tanks or any other Included Location pursuant to the terms and conditions of this Agreement, and all Taxes and charges imposed by any Governmental Authority on such costs and expenses. Notwithstanding the foregoing or any other terms or conditions in this Agreement or any other Transaction Document to the contrary, “Ancillary Costs” shall not include (i) Aron’s hedging costs, including those arising out of or related to the Xxxx Xxxxxx, in connection with this Agreement or the transactions contemplated hereby (but such exclusion shall not affect the manner in which Specified Unwind Costs are otherwise addressed under the express terms and conditions of Section 3.8 or Section 18), (ii) any costs and expenses of any Independent Inspector or auditor used by Xxxx, (iii) either Party’s insurance expenses and (iv) any Excluded Taxes.

Examples of Ancillary Costs in a sentence

  • Ancillary costs include, but are not limited to tax, shipping, handling, and installation.


More Definitions of Ancillary Costs

Ancillary Costs means (as a positive number) any legal or other ancillary costs incurred by the Issuer, the Trustee or the Swap Counterparty as a result of the redemption of the Notes pursuant to this paragraph 23 and Conditions 8.2 and 8.3, as the case may be, as determined by the Calculation Agent in good faith and in a commercially reasonable manner. Payment in accordance with the foregoing provisions shall constitute full and final satisfaction of all of the Issuer’s obligations to make any payment of principal in respect of the principal amount of the Notes so to be redeemed or the relevant part thereof and of any interest accruing in respect of such principal amount at any time after the first day of the Interest Period during which the Notes become subject to mandatory redemption and the Outstanding Principal Amount of the Notes shall be deemed to be reduced accordingly. 24. Listing: Application will be made to list the Notes on the Irish Stock Exchange. 25. The Notes have been accepted in Euroclear and Clearstream, Luxembourg and have the following security codes:Common Code: 023851938 ISIN Code: XS0238519382 26. Rating: The Notes are expected to be rated “AAA” by Fitch and “AAA” by S&P. 27. Custody: The Custodian will be Deutsche Bank AG, London Branch or any other person subsequently appointed as Custodian pursuant to the Agency Agreement, subject to approval by S&P and Fitch and the Trustee on behalf of the Noteholders, provided that if on any date on which there are Notes outstanding the short term credit rating of the Custodian falls below “F1+” by Fitch or “A-1+” by S&P (a “Custodian Ratings Downgrade”) then no later than 30 calendar days after the occurrence of such Custodian Ratings Downgrade the Custodian shall novate, at the expense of the Custodian, all (and not some only) of its obligations to the Issuer under theAgency Agreement to any other entity with a short term credit rating of at least “F1+” by Fitch or “A-1+” by S&P. 28. Agent for Service of Process: Deutsche Bank AG, London Branch at WinchesterHouse, 1 Great Winchester Street, London EC2N 2DB. 29. Further Issues: For the purposes of Condition 15, if the Issuer creates and issues further notes, the Issuer shall provide additional assets as security for such further notes of an amount determined on the Nominal Basis.SCHEDULE 1 DEFINITIONSThis Schedule of Definitions forms part of the Terms of Series 224 EUR 42,750,000 Variable Rate Secured Notes due 2045
Ancillary Costs means all Crude Oil Purchase Costs other than Supply Costs and Transportation Costs, including insurance (if not already covered by Transportation Costs), charges imposed by a Governmental Authority, inspection fees, transfer taxes, and LC costs paid by Supplier for letters of credit, if any, posted by Supplier in the event the WTI Barrel price exceeds $75 to the extent, in Supplier’s reasonable judgment, such LC costs are attributable to the portion of such WTI Barrel price in excess of $75.
Ancillary Costs means all actual direct and indirect costs and expenses associated with or arising from the acquisition, storage, receipt, delivery, handling, loading, discharge, and movement of Crude Oil to the Delivery Locations, and all Taxes and charges imposed by any Governmental Authority. For the avoidance of doubt, Ancillary Costs shall include all Logistics Impairment costs, expenses and losses.
Ancillary Costs means costs accruing or incurred or repayments or reimbursements to be made by the Borrower up to and upon the Delivery Date, or consequent upon Delivery, in respect of:
Ancillary Costs means those costs established by the amounts on the cost report worksheet B P1, column 16a, lines 17 to 21 and worksheet B P2, column 16a, lines 17 through 21. Ancillary costs include pharmacy, radiology, laboratory, clinic and physician services. Audiology, dental and vision costs are included in clinic services.
Ancillary Costs means all costs and expenses associated with or arising from a purchase such as, but not limited to shipping, handling, taxes or installation.
Ancillary Costs means those costs established by the amounts on the cost report worksheet B P1, column 16a, lines 17 to 21 and worksheet B P2, column 16a, lines 17 through 21.