Anchorage Terminal definition

Anchorage Terminal means TLO’s Anchorage Terminal, consisting of a truck rack, a rail loading and unloading facility, and storage tanks with approximately 1,544,000 Barrels of storage capacity.
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Examples of Anchorage Terminal in a sentence

  • For receipts and deliveries by rail for the Anchorage Terminal, custody shall pass to TLO when the switching locomotive used to transfer Customer’s rail cars to the Terminal is uncoupled from such rail cars at the near-by yard of the Alaska Railroad Corporation.

  • Such third-party may also have, or may enter into, a throughput terminalling agreement with TLO to throughput Product volumes at the Anchorage Terminal.

  • During the Term, Customer’s aggregate sales volume for Products throughput through the Anchorage Terminal, or loaded or unloaded from railcars at the Anchorage Terminal, may be reduced because Customer has lost sales to a third-party competitor.

  • A Terminalling Service Order may provide for exceptions from the calculation of the Terminal Excess Amount and Shortfall Payments for volumes throughput by certain deliveries, such as internal transfers of Products within the Anchorage Terminal and deliveries of Products from a Terminal through pipeline connections, including deliveries by pipeline connections to another terminal facility and deliveries through the Port of Anchorage Valve Yard (“POAVY”).

  • TLO shall not make any commitments to third parties that would interfere with the ability of Customer to throughput the Rail Reserved Capacity at the Anchorage Terminal.

  • TLO shall provide to Customer such rail loading and unloading services at the Anchorage Terminal as may be provided for in a Terminal Service Order.

  • Rail Shortfall Payments shall be equal to the amount determined by taking the difference between (i) the Rail Minimum Commitment multiplied by the Rail Loading Services Fee and (ii) the actual rail volumes throughput by Customer at the Anchorage Terminal multiplied by the Rail Loading Services Fee.

  • For Product received into the Anchorage Terminal by pipeline, custody of the Product shall pass to TLO at the Port of Anchorage Valve Flange Yard manifold where it enters the Terminal’s receiving line.

  • If during any Month during the Term, Customer loads or unloads aggregate rail volumes at the Anchorage Terminal greater than the Rail Minimum Commitment, then Customer shall pay TLO an amount equal to the fee determined by multiplying the actual rail volumes loaded or unloaded by Customer in excess of the Rail Minimum Commitment by the Rail Loading Services Fee (the “Excess Rail Amount”).

  • The credit would be equal to the amount of Customer’s throughput through the Anchorage Terminal, or loaded or unloaded from railcars at the Anchorage Terminal, that was replaced by such third-party’s throughput through the Anchorage Terminal, or loading or unloading of railcars at the Anchorage Terminal, but would not include any new throughput of additional Products by a third-party at the Anchorage Terminal that were not included within the historical volumes throughput through the Anchorage Terminal.

Related to Anchorage Terminal

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  • Pipeline means any pipe, pipes, or pipelines used for the intrastate transportation or transmission of any solid, liquid, or gaseous substance, except water.

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