Common use of Processing Payment Clause in Contracts

Processing Payment. 12.1 Processor shall retain 20% of the BTUs of Residue Gas available for sale which are attributable to Producer’s Gas; and 20% of the proceeds received by Operator for the Plant Products attributable to Producer’s Gas. Subject to Producer’s right to take in kind purity Plant Products from the purchaser in accordance with the provisions of Article XI, Processor shall remit to Producer 80% of the amount derived by summing the results of

Processing Payment. 12.1 Processor shall retain 20% (**) of the BTUs of Residue Gas available for sale which are attributable to Producer’s Gas; and 20% (**) of the proceeds received by Operator for the Plant Products attributable to Producer’s Gas. Subject to Producer’s right to take in kind purity Plant Products from the purchaser in accordance with the provisions of Article XI, Processor shall remit to Producer 80% (**) of the amount derived by summing the results of