Common use of Monthly Storage Fee Clause in Contracts

Monthly Storage Fee. For the Term, a monthly storage fee of *** per Barrel of Shell Capacity (the “Monthly Storage”), for a total of ***, regardless of the actual volume of Crude Oil placed in the Facility;

Monthly Storage Fee. For the Term, a monthly storage fee of *** per Barrel of Shell Capacity (the “Monthly Storage”), for a total of **** per month, regardless of the actual volume of Crude Oil placed in the Facility;