Minimum Trunk Pipeline Revenue Commitment definition

Minimum Trunk Pipeline Revenue Commitment has the meaning set forth in Section 2(a)(i).

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Minimum Trunk Pipeline Revenue Commitment. Section 2(a)(i)

Examples of Minimum Trunk Pipeline Revenue Commitment in a sentence

• The Minimum Roswell Pipeline Revenue Commitment, the Minimum Trunk Pipeline Revenue Commitment, the Minimum Gathering Pipeline Revenue Commitment, the Minimum ▇▇▇▇▇ Cross Pipeline Revenue Commitment and the Roswell Terminal Payment shall be adjusted on July 1 of each Contract Year commencing on July 1, 2008, by an amount equal to the percentage increase, if any, in the PPI rounded to four decimal places.

• The Hobbs Pump-Over Fee shall (A) remain in effect until the Partnership Entities have received aggregate ▇▇▇▇▇ Pump-Over Fees in respect of the ▇▇▇▇▇ System Expansion equal to $600,000, and (B) be in addition to the Minimum Trunk Pipeline Revenue Commitment.

• For example, for the Contract Quarter beginning on July 1, 2008 and ending on September 30, 2008, the Minimum Trunk Pipeline Revenue Commitment would be calculated as follows: Minimum Trunk Pipeline Revenue Commitment per Year = $14,076,293 Days in applicable Contract Quarter = 92 Days in applicable Contract Year = 365 Quarterly Trunk Pipeline Revenue Commitment = $14,076,293 x (92/365) = $3,547,997 4.