Throughput Volume Fee Clause Samples

Throughput Volume Fee. Customer agrees to pay to ▇▇▇▇▇▇▇▇▇ a fee based on Throughput Volumes, determined and billed on a monthly basis, equaling Total Customer Throughput Volume multiplied by the Throughput Fee Per Barrel multiplied by the number of calendar days in the month (the “Throughput Volume Fee”). For clarity, the Throughput Volume Fees payable by Customer to ▇▇▇▇▇▇▇▇▇ during a calendar year, if the Total Terminal Throughput Volume is less than or equal to the Aggregate Daily Minimum Throughput Volume Commitment for the year (excluding Additive Fees or Other Fees), shall be approximately $7.03 million per year.
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Related to Throughput Volume Fee

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  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

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  • C1 Contract Price In consideration of the Contractor’s performance of its obligations under the Contract, the Authority shall pay the Contract Price in accordance with clause C2 (Payment and VAT).