Rail Racks definition

Rail Racks means (a) the rail rack, located at the Refinery, with a throughput capacity of 6,140 bpd, commonly known as the “BTX Rail Rack”, used for loading and unloading Products and (b) the rail rack, located at the Refinery, with a throughput capacity of 7,325 bpd, commonly known as the “Big Rail Rack”, used for loading and unloading Products, in each case, together with all furniture, fixtures, equipment, and other tangible personal property owned or used by Owner in the ownership, operation, and maintenance thereof and all future modifications or additions thereto.
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Rail Racks means (a) the asphalt rail rack, located at the Refinery, with a throughput capacity of 6,000 bpd used for loading asphalt and (b) the rail rack, located at the Refinery, with a throughput capacity of 7,325 bpd, commonly known as the “Big Rail Rack”, used for loading and unloading asphalt blendstocks and other products, in each case together with all furniture, fixtures, equipment, and other tangible personal property owned or used by Owner in the ownership, operation, and maintenance thereof and all future modifications or additions thereto.
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Rail Racks means (a) the rail rack, located at the Refinery, with a throughput capacity of 6,140 bpd, commonly known as the “BTX Rail Rack”,
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Examples of Rail Racks in a sentence

  • Customer shall provide Owner with all reasonable documentation with respect to the volumes offloaded and throughput at the Rail Racks, including inspection reports, meter tickets or other similar documentation within three Business Days of completion of train discharge.

  • If at any time that such bills of lading are not available, quantities of Materials received at the Rail Racks shall be measured by custody transfer metering in net Barrels using the applicable API and ASTM or equivalent standards.

  • For purposes of calculating the Shortfall Payment with respect to any Pipeline, all Actual Shipments on any other Pipeline (or on the Rail Racks, the Product Racks, or the ▇▇▇▇▇▇ Terminal, as applicable) for such Contract Quarter shall be disregarded.

  • Subject to Section 8.4 and Section 8.5, Customer shall pay Owner an amount equal to the Crude Oil Throughput Fee multiplied by the total amount of Actual Shipments at the Rail Racks.

  • All quantities of Materials received at the Rail Racks shall be calculated based on the weight of such Materials as indicated on the applicable railcar ▇▇▇▇ of lading and the actual API gravity of such Materials in net Barrels using the applicable API and ASTM or equivalent standards.

  • The Receipt Fee initially applicable to throughput at the Asphalt Facilities shall be $0.40 per Barrel of Product received at the Rail Racks and shall be $0.66 per Barrel of Product received at the Truck Racks (as applicable, “Per Barrel Receipt Fee”).

  • Customer shall pay a fee equal to the Per Barrel Receipt Fee multiplied by the Actual Throughout (inbound only) at the Rail Racks and the Truck Rack for each month (the “Receipt Fee”).


More Definitions of Rail Racks

Rail Racks means (a) the asphalt rail rack, located at the Refinery, with a throughput capacity of 6,000 bpd used for loading asphalt and (b) the rail rack, located at the Refinery, with a throughput capacity of 7,325 bpd, commonly known as the “Big Rail Rack”, used for loading and unloading asphalt
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Related to Rail Racks

  • Intermodal Rail Yard means a rail facility in which cargo is transferred from drayage truck to train or vice-versa.

  • water meter means any apparatus for measuring or showing the volume of water supplied to, or of effluent discharged from any premises;

  • Pipeline means any pipe, pipes, or pipelines used for the intrastate transportation or transmission of any solid, liquid, or gaseous substance, except water.

  • Rack means a mechanism for delivering motor vehicle fuel or diesel from a refinery or terminal into a truck, trailer, railroad car, or other means of non-bulk transfer.

  • Pipelines has the meaning set forth in the Recitals.