Minimum Throughput Capacity definition

Minimum Throughput Capacity means an aggregate amount of throughput capacity equal to 47,000 bpd multiplied by the number of calendar days in the Contract Quarter.

Minimum Throughput Capacity means, with respect to each Contract Quarter, an aggregate amount of throughput capacity equal to 85,000 bpd of Products, multiplied by the number of calendar days in such Contract Quarter; provided, however, that from the Commencement Date through September 30, 2014, which for the purposes of this Agreement shall be treated as one Contract Quarter, the Minimum Throughput Capacity shall be an aggregate amount of throughput capacity equal to 75,000 bpd of Products, multiplied by the number of calendar days in such Contract Quarter.

Minimum Throughput Capacity means the Magnolia Pipeline Minimum Throughput Capacity, the El Dorado Crude Pipeline Minimum Throughput Capacity, the Diesel Pipeline Minimum Throughput Capacity and the Gasoline Pipeline Minimum Throughput Capacity, as applicable.

Examples of Minimum Throughput Capacity in a sentence

• Customer shall have the right to deliver up to the Minimum Throughput Capacity (on a system-wide basis) to the Terminals each calendar month during the term subject to all other terms and conditions in this Agreement, on a take-or-pay basis.

• If approved, the student will abandon the M Tech (R) programme and join the Ph D programme with immediate effect.

• In the event of the failure of the Logistics Entity to maintain (i) the Pipelines with sufficient capacity to throughput the Minimum Throughput Capacity or (ii) the Tankage with a capacity sufficient to terminal a volume of Crude Oil at least equal to the Minimum Storage Capacity, then either Party shall have the right to call a meeting between executives of both Parties by providing at least two (2) Business Days’ advance written notice.

• Language: English Descriptors: U.S.A.; Agriculture; Sustainability 6 NAL Call.

• Customer may throughput volumes in excess of the Duncan Terminal Minimum Throughput Capacity, up to the then-available capacity of the Duncan Terminal, as determined by Owner at any time.

More Definitions of Minimum Throughput Capacity

Minimum Throughput Capacity has the meaning set forth in Section 2(b)(i).

Minimum Throughput Capacity means an aggregate amount of truck-loading capacity equal to 6,000 bpd multiplied by the number of calendar days in the Contract Quarter.

Minimum Throughput Capacity means an aggregate amount of throughput capacity at the Terminal equal to 60,000 bpd multiplied by the number of calendar days in the Contract Quarter.

Minimum Throughput Capacity means the Crude Oil Pipelines Minimum Throughput Capacity, the Product Pipelines Minimum Throughput Capacity, the Product Racks Minimum Throughput Capacity, the Rail Racks Minimum Throughput Capacity, and the Duncan Terminal Minimum Throughput Capacity, as applicable.

Minimum Throughput Capacity means, with respect to (a) the Contract Quarter ending June 30, 2014, an aggregate amount of throughput capacity equal to 4,000 bpd of Products, multiplied by the number of calendar days in such Contract Quarter, (b) the Contract Quarter ending September 30, 2014, an amount of throughput capacity equal to the sum of (i) 4,000 bpd of Products multiplied by the number of days in the period from July 1, 2014 through July 31, 2014 plus (ii) 5,500 bpd of Products multiplied by the number of days in the period from August 1, 2014 through September 30, 2014 and (c) each Contract Quarter ending on or after December 31, 2014, an aggregate amount of throughput capacity equal to 5,500 bpd of Products, multiplied by the number of calendar days in such Contract Quarter.

Minimum Throughput Capacity means (a) the Minimum Pipeline Capacity and (b) the Minimum Terminalling Capacity.

Minimum Throughput Capacity means the Minimum Heavy Crude Throughput Capacity or the Minimum Light Crude Throughput Capacity, as applicable.