Examples of Short Haul Pipelines in a sentence
In the event that TRMC’s economic considerations justify incurring additional costs to restore the Short Haul Pipelines in a more expedited manner than the time schedule determined in accordance with the preceding sentence, TRMC may require TLO to expedite the Restoration to the extent reasonably possible, subject to TRMC’s payment, in advance, of the estimated incremental costs to be incurred as a result of the expedited time schedule.
At the meeting, the Parties will negotiate in good faith with the objective of reaching a joint resolution for the Restoration of capacity on the affected portion of the Short Haul Pipelines which will, among other things, specify steps to be taken by TLO to fully accomplish Restoration and the deadlines by which the Restoration must be completed (the “Capacity Resolution”).
The dollar amount of any Shortfall Payment included in the monthly invoice described in Section 6(c) below and paid by TRMC shall be posted as a credit to TRMC’s account (the “Credit”), and such Credit shall be applied in subsequent monthly invoices against amounts owed by TRMC for Transportation Fees on Excess Barrels shipped on the Short Haul Pipelines during any of the succeeding three (3) Months.
The Company shall settle the Consideration by (i) the issue and allotment of 324,082,569 new Shares at HK$0.218 each; and (ii) the issue in aggregate HK$86,350,000 of zero-coupon Convertible Notes convertible at HK$0.218 per Share with 24- month maturity, to the Vendors (or their designated nominee(s)).
TLO shall use reasonable commercial efforts to minimize the interruption of service on the Short Haul Pipelines and any Segment thereof.
In the event the shipment of crude petroleum or refined petroleum products on the Short Haul Pipelines are determined by the FERC to be subject to FERC regulation, TLO shall file with the FERC and diligently pursue a request for exemption from FERC filing and reporting requirements for the Short Haul Pipelines.
The Parties further agree that in the event TLO is required to file a tariff with the FERC with respect to any of the Short Haul Pipelines, TLO will first obtain the agreement of TRMC to the rates, terms and conditions of any such tariff, consistent with FERC ratemaking principles, which shall not cause TRMC’s aggregate fees for shipping the minimum throughput commitment to exceed the amount payable for such shipments under the terms stated herein.
TRMC shall be deemed to have shipped its Minimum Throughput Commitment if the aggregate quantity of crude petroleum and refined petroleum products that TRMC ships on the Short Haul Pipelines in any Month equals at least the Minimum Throughput Commitment, regardless of the particular Segments on which those shipments are made.
Scott, “Fort Union National Monument, Overview of Historical Research: Annotated Bibliography and Recommendations for Future Studies,” December 1978, NPS WACC, Southwest Regional Office Files, Box 13; Jane E.
In the event of the failure of TLO to maintain any Segment of the Short Haul Pipelines at its Minimum Throughput 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.