Common use of MVC Clause in Contracts

MVC. (a) For each Quarter beginning from and after January 1, 2017 during the Term, Customer shall be obligated to (i) Tender for delivery into the Terminals System a minimum volume of Eligible Customer Crude Oil (each such minimum amount, a “Crude Oil Minimum Volume Commitment” or “CMVC”), and (ii) Tender into the Terminals System for redelivery at the Rail Loading Points pursuant to the provision of the NGL Services a minimum volume of Customer NGLs (each such minimum amount, a “NGL Minimum Volume Commitment” or “NMVC”). The CMVC and NMVC are each referred to herein as a “Minimum Volume Commitment” or “MVC”. The MVC for the Quarters occurring in Year 2017 are set forth on Exhibit F attached hereto.