Common use of Excess Throughput Clause in Contracts

Excess Throughput. For volumes in excess of the allowed throughput, Excess Throughput Charges shall be calculated by adding the total number of barrels (at natural) received or shipped in a 12- month period above the allowed throughput quantity. Sample Calculation: Please refer to Exhibit A

Appears in 2 contracts

Sources: Throughput, Operating and Pipeline Use Agreement, Throughput, Operating and Pipeline Use Agreement for Wet Stock