Throughput Fee definition

Throughput Fee has the meaning set forth in Section 2(c)(i).

Throughput Fee shall have the meaning assigned to such term in Section 6.2.

Throughput Fee means the Base Throughput Fee, as adjusted by the Volume Incentive Discount, if any, plus any applicable Blending Fee, as adjusted by the Blending Volume Incentive Discount.

Examples of Throughput Fee in a sentence

• Subject to Sections 2(d) and 2(j), the Refining Entity shall pay the Logistics Entity an amount equal to the Base Throughput Fee multiplied by the Actual Shipments on the Pipelines.

• If the Refining Entity and the Logistics Entity are unable to agree upon a renegotiated Throughput Fee, the renegotiated Throughput Fee will be determined by arbitration in accordance with Section 13(i).

• Subject to Sections 4.3 and 4.4, the Company shall pay the Partnership an amount equal to the Products Throughput Fee multiplied by the Actual Shipments on the Product Pipelines.

• Subject to Sections 2(d) and 2(j), the Refining Entity shall pay the Logistics Entity an amount equal to the Additional Throughput Fee multiplied by the Actual Shipments on the Pipelines in excess of the Additional Throughput Threshold.

• If, for any Contract Quarter, Actual Shipments are less than the Minimum Throughput Commitment, then the Refining Entity shall pay the Logistics Entity an amount (a “Shortfall Payment”) equal to the difference between (i) the Minimum Throughput Commitment multiplied by the Base Throughput Fee and (ii) the aggregate Throughput Fees for such Contract Quarter payable under Section 2(b)(i) and Section 2(b)(ii).

More Definitions of Throughput Fee

Throughput Fee means [***] per gallon for Product out-loaded from the Terminal within the Minimum Annual Total Throughput.

Throughput Fee has the meaning ascribed to it in paragraph 1 of Schedule 1.

Throughput Fee means the annual fee as defined and determined pursuant to Section 3.2 hereof.

Throughput Fee has the meaning set forth in Section 5(a).

Throughput Fee means $0.066 per gallon for Product out-loaded from the Terminal per Month.

Throughput Fee means, in respect of a given period, the variable portion of the Transportation Fee which relates to the amount of Natural Gas, including any Fuel Gas, transported by INGL, as set forth in Article 3A (Transportation Fee) of Appendix 1 (Commercial Terms).

Throughput Fee has the meaning assigned to such term in Section 3(b) of Attachment A.