Common use of Monthly Reconciliation Clause in Contracts

Monthly Reconciliation. At the end of each Month, TRMC will provide Operator with reasonably detailed information concerning the throughput of Products across the Wharf, Staging Facility and Pipelines, respectively, together with an itemization and supporting detail for all fees, costs and expenses for which reimbursements are due hereunder. Within five (5) days thereafter, Operator will calculate the total fees and reimbursements due by either Party to the other Party pursuant to Section 5 above.

Monthly Reconciliation. At the end of each Month, TRMC will provide Operator with reasonably detailed information concerning the throughput of Products across the Wharf, Staging Facility and Pipelines, respectively, together with an itemization and supporting detail for all fees, costs and expenses for which reimbursements are due hereunder. Within five (5) days thereafter, Operator will calculate the total fees and reimbursements due by either Party to the other Party pursuant to Section 5 above.