Secondary Allocation means the allocation between users of a primary meter (as so designated by INEOS from time to time), the Shippers Group and the other users of the Intervening System of Pipeline Liquids delivered via the Intervening System at the Transfer Point.
Secondary Allocation means (i) for the fiscal year ending December 31, 2004, 20 basis points per loan, and (ii) for all subsequent fiscal years, an amount determined in good faith by the Chief Executive Officer.
Secondary Allocation means the actual returns available for application to the experience account amortization base.
Examples of Secondary Allocation in a sentence
The Shippers Operator shall perform the Secondary Allocation of Pipeline Liquids or procure that Secondary Allocation is performed and shall provide to INEOS the results of such Secondary Allocation by the tenth (10th) day of each Month in such format as may be required from time to time by INEOS.
The Shippers Operator shall provide or shall procure that the operator of the Intervening System shall provide all information required by INEOS to enable it to perform Secondary Allocation, in accordance with the provisions of Attachment B – Part III to Section 2.