Examples of Fractionated Products in a sentence
Title to Producer Plant Products shall pass from Producer to Processor[, and title to Fractionated Products exchanged for Producer Plant Products in accordance with Section 3.5 shall pass from Processor to Producer, in each case] at the Plant Products Delivery Point.
Producer hereby designates Processor as its agent for the purpose of marketing, selling and transporting for sale the Fractionated Products.
The Processing Services, (ii) the fractionation of Plant Products and, to the extent Producer requires such services from a third party in connection with the services described in clauses (i) and (ii) above, (iii) any marketing and/or delivery of Fractionated Products or other services with respect to transportation, marketing or delivery of Plant Products.
During the period of any such election by Producer, (x) Producer shall pay the fees set forth in Section 5.D. of this Agreement for all of the Fractionated Products that are the subject of such election and delivered hereunder to or for Producer’s account, and (y) MarkWest shall no longer be obligated to market Producer’s Fractionated Products that Producer has elected to take in kind or to account to Producer for the Net Sales Prices therefor.
Upon the election of Producer to take Fractionated Products in kind, Producer will make arrangements for the sale, transportation or other disposition of the Fractionated Products on a daily basis.
The purchase price for those Fractionated Products shall be the lowest Net Sales Price received for each respective Fractionated Product by MarkWest on the Non-Take Day; provided, if no sales were made by MarkWest on the Non-Take Day, then the purchase price will be the lowest Net Sales Price received for each respective Fractionated Product by MarkWest on the day prior to and the day after the Non-Take Day.
MarkWest shall use commercially reasonable efforts to sell Fractionated Products (including any Fractionated Products in storage) under the most favorable terms that MarkWest can obtain, as determined in MarkWest’s judgment and taking into account all relevant factors and considerations, including, without limitation, the reliable operation of the Fractionation Plant and the Bluestone Processing Plant.
Commencing on the Effective Date (or such later date as provided herein), the following fees and expenses shall be deducted by MarkWest from the amount payable to Producer for Fractionated Products, or shall otherwise be payable by Producer to MarkWest, for services provided by MarkWest in connection with the exchange of the Raw Make for Fractionated Products, whether or not the Fractionated Products are marketed by MarkWest or are taken in kind by Producer.
While any such election is in effect, Producer shall take delivery by rail or, subject to the terms of Section 5.B.iii., below, by pipeline, all of the Fractionated Products that are the subject of such election and delivered hereunder to or for Producer’s account.
Any Plasma picked up by Supplier from HQ for fractionation by Supplier into Fractionation Products prior to the termination or expiration of this Agreement shall be fractionated by Supplier into Fractionated Products and for resale to HQ pursuant to this Agreement, and the rights and obligations of the Parties hereto shall survive termination of the Agreement.