Committed Toll definition

Committed Toll means the toll charged to a Committed Shipper for Services relating to the Committed Volume of Diluent transported on the Diluent Pipeline pursuant to Carrier’s toll schedules.
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Committed Toll means the tolls payable for Services relating to Committed Volumes pursuant to the Toll Tariffs in effect;
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Committed Toll means the toll payable by Committed Shippers for Services relating to Committed Volumes of Diluent transported on the Diluent Pipeline pursuant to the Toll Schedules (but excluding the toll for committed expansion capacity described in Section 8.03 hereof);
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Examples of Committed Toll in a sentence

  • Shipper acknowledges that the differential between the Uncommitted Toll and the Committed Toll may change during the Term.

  • Provided a Shipper Default shall not have occurred and be continuing, to the extent permitted by Applicable Law, during the Initial Term, the Carrier shall not offer transportation service on the Pipeline on either a committed or uncommitted basis for an aggregate toll from an Origination Point to the Delivery Point that is less than the then applicable Committed Toll.

  • In reference (i), in section 5.2.10.4 of the Application, Committed Toll Surcharges, at PDF pp 46-47, “Changes in Applicable Law” and “Abandonment and Decommissioning Surcharges” are identified as circumstances that may result in increased committed tolls.

  • To the extent permitted by Applicable Law, for Actual Shipments of Committed Volumes, Shipper shall pay the per barrel Committed Toll under a Line 9 international joint tariff for Committed Volumes (the "Line 9 International Joint Tariff").

  • Key Findings The NEB determined that Enbridge had provided sufficient evidence demonstrating that the Committed Toll was cost-based and had been calculated in a reasonable manner.

  • The Committed Toll and Uncommitted Toll will be adjusted to include any incremental tolls resulting from an NEB order in relation to LMCI.

  • In the event Carrier elects, in its sole discretion, to offer committed capacity on any expansion capacity of the Pipeline during the Initial Term, then the committed toll for committed capacity on such expansion capacity will not be less than the Committed Toll for the same service unless the Carrier reduces the Committed Toll to equal any lower committed toll for such expansion capacity for the same service.

  • Alternatively, the Carrier may do so but only if the applicable Committed Toll is reduced commensurately.

  • Carrier agrees to file for and use its best efforts to obtain the NEB's approval of an Uncommitted Toll twenty percent (20%) higher than the Committed Toll in effect during the Initial Year and to maintain this percentage differential thereafter.

  • Shipper shall pay to the Carrier the then applicable Committed Toll for Actual Shipments to such downstream Delivery Point.

Related to Committed Toll

  • Committed Loan Notice means a notice of (a) a Committed Borrowing, (b) a conversion of Committed Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

  • Committed Sum means, for any day, the maximum amount a Lender is committed on that day to lend to the Companies (or for their account) on a revolving credit basis pursuant to this Agreement, on its terms and subject to its conditions. From the Effective Date of this Agreement through the Termination Date or such other date (if any) when all or any of them is changed by operation of the provisions of any agreement or Legal Requirement, the Committed Sums for the Lenders are as set forth on Schedule LC, as it may be amended and restated from time to time.

  • Committed Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Committed Revolving Line means a credit extension of up to Two Million Dollars ($2,000,000).

  • Revolving Loan Notice means a notice of (a) a Revolving Borrowing, (b) a conversion of Revolving Loans from one Type to the other, or (c) a continuation of Revolving Loans as the same Type, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

  • Swingline Committed Amount means the amount of the Swingline Lender’s Swingline Commitment as specified in Section 2.4(a).

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Committed dose equivalent (HT,50) means the dose equivalent to organs or tissues of reference (T) that will be received from an intake of radioactive material by an individual during the 50-year period following the intake.

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Swing Line Commitment the obligation of the Swing Line Lender to make Swing Line Loans pursuant to Section 2.6 in an aggregate principal amount at any one time outstanding not to exceed $10,000,000.

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Swing Line Loan Notice means a notice of a Swing Line Borrowing pursuant to Section 2.04(b), which, if in writing, shall be substantially in the form of Exhibit B.

  • Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan.

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Swingline Loan Notice means a notice of a Swingline Borrowing pursuant to Section 2.04(b), which shall be substantially in the form of Exhibit J or such other form as approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • Swing Line Participation Amount as defined in Section 2.7(c).

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Commitment Date has the meaning specified in Section 2.18(b).

  • Committed Note means a promissory note of a Borrower payable to the order of any Lender, in substantially the form of Exhibit A-1, evidencing the indebtedness of that Borrower to such Lender resulting from the Committed Advances made by such Lender to that Borrower.

  • LOC Committed Amount shall have the meaning set forth in Section 2.3(a).

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • Committed means pledged and appropriated for the purpose of the

  • Applicable Percentage means, with respect to any Lender, the percentage of the total Commitments represented by such Lender’s Commitment. If the Commitments have terminated or expired, the Applicable Percentages shall be determined based upon the Commitments most recently in effect, giving effect to any assignments.

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • Competitive Borrowing means a Borrowing consisting of a Competitive Loan or concurrent Competitive Loans from the Lender or Lenders whose Competitive Bids for such Borrowing have been accepted by the Borrower under the bidding procedure described in Section 2.03.