Transportation Deduction definition

Transportation Deduction means the sum of (i) the Committed Shipper B Base Rate Transportation Rate as defined in the KMCC Rate Tariff (the "KMCC Rate Tariff"), as may be adjusted downward as set forth below, [***] (ii) the pipeline loss allowance charged by KMCC, which rate is currently a deduction of 0.250% of the crude oil received with an API Gravity at or below 45.0 degrees and 0.375% of the crude oil received with an API Gravity above 45.0 degrees at the PVOG Delivery Point to cover for losses associated with the transportation of crude oil on KMCC, (iii) any other fees reflected in the KMCC Regulations Tariff that are charged to Republic for PVOG's crude oil movements (as such fees may be adjusted downward as set forth below), and (iv) a marketing fee of [***] per barrel purchased and sold hereunder. Republic shall pass through all adjustments to the KMCC Rate Tariff and to the KMCC Regulations Tariff. [***].
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Transportation Deduction means the sum of (i) the Committed Shipper B Base Rate Transportation Rate (the “Shipper B Base Rate ”) as defined from time to time in the KMCC Rate Tariff as supplemented, revised or otherwise updated (the “KMCC Rate Tariff ”), less [***], (ii) the pipeline loss allowance charged by KMCC, which rate is currently a deduction of 0.250% of the crude oil received with an API Gravity at or below 45.0 degrees and 0.375% of the crude oil received with an API Gravity above 45.0 degrees at the PVOG Delivery Point to cover for losses associated with the transportation of crude oil on KMCC, (iii) any other fees reflected in the KMCC Regulations Tariff that are charged for PVOG's crude oil movements (“Other Fees”) and which are applicable to similarly situated shippers under the KMCC Regulations Tariff; provided however, that “Other Fees” shall not include any amounts, charges or fees related to a rate schedule in the KMCC Rate Tariff other than the Shipper B Base Rate, and (iv) a marketing fee of [***] per barrel purchased and sold hereunder. For the avoidance of doubt, after the initial thirty-six (36) months of the term, there shall be no deduction to the KMCC Rate Tariff under clause (i) above in this Section 3.b.”
Sample 1
Transportation Deduction means the sum of (i) the Committed Shipper B Base Rate Transportation Rate as defined in the KMCC Rate Tariff (the "KMCC Rate Tariff "), as may be adjusted downward as set forth below, [***] (ii) the pipeline loss allowance charged by KMCC, which rate is currently a deduction of 0.250% of the crude oil received with an API Gravity at or below 45.0 degrees and 0.375% of the crude oil received with an API Gravity above 45.0 degrees at the PVOG Delivery Point to cover for losses associated with the transportation of crude oil on KMCC, (iii) any other fees reflected in the KMCC Regulations Tariff that are charged to Republic for PVOG's crude oil movements (as such fees may be adjusted downward as set forth below), and (iv) a marketing fee of [***] per barrel purchased and sold hereunder. Republic shall pass through all adjustments to the KMCC Rate Tariff and to the KMCC Regulations Tariff. [***].
Sample 1

Examples of Transportation Deduction in a sentence

  • Changing Your Transportation Deduction: You may elect to increase or decrease your transportation deduction at any time to meet your needs.

  • The Comm Service will make one incoming connection to the Event Service IP Connections for each 600/635 Cluster that is configured in the SG database.

  • Gas Reference Price:The fee paid to Nova is a cost incurred downstream of the gas plant and is included in the GRP by adjusting the Intra-Alberta Transportation Deduction portion of the GRP calculation.Allowing CO2 Management Service Billings to reduce the GRP, as long as the same fees are not included in Gas Cost Allowance, recognizes that the service is required to make the gas marketable.

  • A default royalty trigger factor of 0 will result in an adjusted reference price, without the provincial Intra Alberta Transportation Deduction (IATD), being used to calculate Crown royalty payable.Example: • If your company is responsible for filing an Injection/Reproducing Facility Report, the default for not filing this report is a royalty trigger factor of 2 for the Injection Credit charge type.

  • A default royalty trigger factor of 2 will result in an adjusted reference price, without the provincial Intra Alberta Transportation Deduction (IATD), being used to calculate injection credits.Example: If you have questions or require assistance to complete the reports, please call Jonathan Berthiaume at (780) 427-8775 or Shauna Scott at (780) 427-8694.

  • In the event that PVOG ships volumes in excess of the Commitment in any given month, PVOG shall be entitled to a credit against any Deficiency Fees assessed by Republic in the subsequent twelve (12) months, or any Deficiency Fees paid by PVOG in the preceding twelve (12) months, in an amount equal to the surplus barrels multiplied by the Transportation Deduction (each, an "Over-Delivery Credit").

  • PVOG will be obligated to pay to Republic an amount for each deficient barrel equal to the Transportation Deduction (such amount, the "Deficiency Fees").

  • This demutualization presents research opportunities to better understand the causes and consequences of the change in organizational form.

  • If any Force Majeure Event or Enumerated Circumstance (as the case may be) claimed by Republic causes the suspension of the services provided hereunder to PVOG, PVOG's obligation to pay the Transportation Deduction and the Deficiency Fee shall be suspended for each day that such Force Majeure Event or Enumerated Circumstance (as the case may be) continues.

  • You will be able to restart your transportation deductions at any time.Changing Your Transportation Deduction: You may elect to increase or decrease your transportation deduction at any time to meet your needs.Canceling Participation in the TSA Program: You may elect to cancel participation inthe TSA Program at any time.


More Definitions of Transportation Deduction

Transportation Deduction means the sum of (i) the Committed Shipper B Base Rate Transportation Rate (the “Shipper B Base Rate”) as defined from time to time in the KMCC Rate Tariff as supplemented, revised or otherwise updated (the “KMCC Rate Tariff”), less [***], (ii) the pipeline loss allowance charged by KMCC, which rate is currently a deduction of 0.250% of the crude oil received with an API Gravity at or below 45.0 degrees and 0.375% of the crude oil received with an API Gravity above 45.0 degrees at the PVOG Delivery Point to cover for losses associated with the transportation of crude oil on KMCC, (iii) any other fees reflected in the KMCC Regulations Tariff that are charged for PVOG's crude oil movements (“Other Fees”) and which are applicable to similarly situated shippers under the KMCC Regulations Tariff; provided however, that “Other Fees” shall not include any amounts, charges or fees related to a rate schedule in the KMCC Rate Tariff other than the Shipper B Base Rate, and (iv) a marketing fee of [***] per barrel purchased and sold hereunder. For the avoidance of doubt, after the initial thirty-six (36) months of the term, there shall be no deduction to the KMCC Rate Tariff under clause (i) above in this Section 3.b.” US-DOCS\101628259.2
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Related to Transportation Deduction

  • Transportation fuel means electricity and any liquid or

  • Transportation Expense means the cost of Medically Necessary conveyance, personnel, and services or supplies.

  • Transportation means any land, sea or air conveyance required to Transport the Insured during an Emergency Evacuation. Transportation includes, but is not limited to, air ambulances, land ambulances and private motor vehicles.

  • Economy Transportation means the lowest published available transportation rate for a ticket on a Common Carrier matching the original class of transportation that You purchased for Your Trip.

  • Transportation Costs means a component of the Charges, comprising those charges payable to the TNO and/or DNO for the use of their networks as applicable from time to time under the Industry Agreements including those charges more specifically referred to as “DUoS” and “TNUoS” and specified as “Included in the Unit Rate”, “Fixed” or “Pass-Through” in the Quotation Document or as otherwise notified to you as payable during the Supply Contract from time to time;

  • Transport Gas means the gas purchased by a Customer from a supplier other than KUB that Customer has arranged to have Delivered to KUB for delivery to the Customer by KUB.

  • Transportation project or "project" means any or the

  • Transportation facility means any transit, railroad,

  • Transportation Service means a service for moving people and goods, such as intercity bus service and passenger rail service.

  • Ocean transportation means any transportation aboard a ship, vessel, boat, barge, or ferry through international waters.

  • Transportation district and "district" shall mean the

  • Liquefied petroleum gas means a mixture of light hydrocarbons (predominantly propane, butane) that is gaseous under conditions of ambient temperature and pressure and that is maintained in a liquid state by an increase of pressure or lowering of temperature;

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Air transportation means the public carriage by aircraft of passengers, baggage, cargo, and mail, separately or in combination, for remuneration or hire;

  • Transportation Facilities means any physical facility that moves or assist in the movement of people or goods including facilities identified in OAR 660-012-0020 but excluding electricity, sewage, and water systems.

  • Transportation equipment means any of the following:

  • Transport vehicle means a motor vehicle or rail car used for the transportation of cargo by any mode. Each cargo-carrying body (trailer, railroad freight car, etc.) is a separate transport vehicle.

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • Transportation network company driver or “driver” means an

  • Properly Shredded Garbage means the wastes from the preparation, cooking, and dispensing of food that have been shredded to such a degree that all particles will be carried freely under the flow conditions normally prevailing in public sewers, with no particle greater than one-half (1/2) inch (1.27 centimeters) in any dimension.

  • Transport means the most efficient and available method of conveyance. In all cases, where practical, economy fare will be utilized. If possible, the Insured’s Common Carrier tickets will be used.

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • Public transportation means that term as defined in section 10c of Act No. 51 of the Public Acts of 1951, being section 247.660c of the Michigan Compiled Laws.

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per million.

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;

  • Additional Transportation Cost means the actual cost incurred for one-way Economy Transportation by Common Carrier reduced by the value of an unused travel ticket.