Examples of Variable Toll in a sentence
In conjunction with the right to conduct an audit of the calculations underlying the final Variable Toll, Xxxxxxx shall have the right to conduct an audit of the calculations provided by Carrier of any actual gains or actual losses due to evaporation or shrinkage and any other line losses due to normal pipeline operations.
Carrier will provide Shipper with Notice of the final Variable Toll, together with details of its calculation and variances from the estimated Variable Toll.
Variable Toll Message Sign (VTMS) Electronic message signs would display two prices; one for the zone the driver is in, and the other for travelling to the end of the express lane facility.
Thereafter, Carrier will revise the estimated Variable Toll annually and provide Shipper with such revised toll, together with details of its calculation on or before December 1 of each Year during the Term.
Such actual costs shall be allocated over the volumes Tendered by all shippers in such Year to determine the final Variable Toll.
Shipper shall have the right to conduct a single audit of the calculations underlying the final Variable Toll for a Year within 12 months of the date of Carrier’s Notice of the final Variable Toll pursuant to paragraph D.5, in accordance with the audit procedure in Section 10.2 of the Agreement.
Such estimated Variable Toll shall take effect as of January 1 of the succeeding Year.
In addition to the payment provided for in Section 6.3, Shipper shall pay the Variable Toll for volumes of Petroleum actually Tendered in respect of the Services in accordance with this Agreement and the Tariff, and as more fully described in Part D of Appendix B.
Carrier shall provide Shipper with its estimate of the Variable Toll for the upcoming Year in the Notice of the Commencement Date contemplated by Section 5.2 of the Agreement.
The Build Alternative would install overhead Variable Toll Message Sign (VTMS) and static “FasTrak only” signs.