Throughput Fees definition

Throughput Fees has the meaning set forth in Section 2(b)(ii).

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Throughput Fees has the meaning specified in Section 4.2(c).

Throughput Fees means the Duncan Service Fee, the Products Throughput Fee, and the Crude Oil Throughput Fee.

Examples of Throughput Fees in a sentence

• Payment of any Throughput Fees, Storage Fees or Shortfall Payments pursuant to this Section 2 shall be made by wire transfer of immediately available funds to an account designated in writing by Logistics.

• Payment of any Throughput Fees or Shortfall Payment pursuant to this Section 2 shall be made by wire transfer of immediately available funds to an account designated in writing by the Logistics Entity.

• If the FERC Oil Pipeline Index is no longer published, the Logistics Entity and the Refining Entity shall negotiate in good faith to agree on a new index that gives comparable protection against inflation and the same method of adjustment for increases or decreases in the new index shall be used to calculate increases or decreases in the Throughput Fees.

• If the Refining Entity and the Logistics Entity are unable to agree, a new index will be determined by arbitration in accordance with Section 13(i) and the same method of adjustment for increases in the new index shall be used to calculate increases in the Throughput Fees.

• 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).

• The Logistics Entity shall invoice the Refining Entity monthly (or in the case of Shortfall Payments, quarterly), including for an estimated amount of Additional Throughput Fees calculated on an average basis for such month (with a true up in the invoice for the final month of each Contract Quarter for any overpayments or underpayments of Additional Throughput Fees during such Contract Quarter).

• Payment of any Throughput Fees or Shortfall Payment pursuant to this Section 4.4 shall be made by wire transfer of immediately available funds to an account designated in writing by Partnership.

• Based upon the bids, the Partnership will notify the Company of the total estimated amount necessary to construct such Capital Improvement (which amount shall include the costs of capital, a reasonable rate of return over the remaining Term and any other costs necessary to place such Capital Improvement in service) and the proposed adjustment to the Throughput Fees and the Minimum Throughput Commitments or the Minimum Throughput Capacities required by the Partnership to recover such costs.

• The Shortfall Credit shall be posted as a credit to TRMC's account, and shall be applied in subsequent Monthly invoices against amounts owed by TRMC for Incremental Volume Throughput Fees and Excess Volume Throughput Fees during any of the succeeding three (3) Months.

• However, costs incurred by Logistics for replacement of loading systems or software or other upgrades made at the request of Lion shall be recoverable from Lion either as a lump sum payment or through an increase in Throughput Fees.

More Definitions of Throughput Fees

Throughput Fees has the meaning ascribed thereto in Attachment "A-1".

Throughput Fees are as set forth in Exhibit C.

Throughput Fees means the price in United States Dollars per cubic meter per month of throughput at which the Lessee pays the Lessor for each throughput of products and being in respect of each calendar month;

Throughput Fees means the ▇▇▇▇▇▇ Service Fee, the Products Throughput Fee, and the Crude Oil Throughput Fee.

Throughput Fees. As set out on Attachment "A-1". 4. OTHER FEES AND CHARGES: As set out on Attachment "A-2". 5. TANK DATA/UTILIZATION: As set out on Attachment "B". 6. OPERATING HOURS: 24 hours/day; 7 days/week Normal Working Hours: 6:00 a.m. to 6:00 p.m.; Monday through Friday.