BAUTA definition
Examples of BAUTA in a sentence
Operator and Customer shall each be required to carry at least the minimum level of insurance required pursuant to the BAUTA and any Terminal Service Order issued thereunder in effect from time to time.
For Marine Vessel loading under the BAUTA of Products throughput through the Pipelines under this Agreement, Operator will have custody of Product from the time it passes the flange connecting the Wilmington Refinery and the Pipelines to the time it passes the manifold of the Marine Vessel.
For the avoidance of doubt, the foregoing indemnification is intended to be in addition to and not in limitation of any indemnification to which TRMC is entitled under Sections 3.1(b) or 3.5(b) of the Amended and Restated Omnibus Agreement and Section 10(a) of the Long Beach Operating Agreement and Section 19(a) of BAUTA.
Operator and Customer desire to enter into this Agreement to transfer the terms of their commercial relationship regarding the Pipelines into a new agreement separate and apart from the Amended and Restated BAUTA, but without now altering their substantive rights, obligations and relationships established under the Existing BAUTA with respect to the Pipelines.
During the term of the Berth 121 Operating Agreement, Customer shall cause all marine carriers who will access Terminal 1 on its behalf to maintain the insurance coverages required by Section 23(c) of the BAUTA.
Operator will not be obligated to receive Contaminated Product for throughput through the Pipelines, nor will Operator be obligated to accept Product that fails to meet the applicable quality specifications for the Berths under the BAUTA and any Terminal Service Orders issued thereunder.
Actual volumes of Barrels throughput through the Pipelines are to be determined Monthly as provided in this Agreement (and, where referred to herein, in the BAUTA or Terminal Service Orders issued thereunder).
If a Party breaches any provision of this Agreement, a Pipeline Service Order or the BAUTA or any Terminal Service Order issued thereunder, which breach does not have a material adverse effect on the other Party, the breaching Party shall still have the obligation to cure such breach.
For Marine Vessel deliveries under the BAUTA and throughput through the Pipelines under this Agreement, Operator will have custody of Product from the time it passes the flange connecting the delivery line of the delivering Marine Vessel to the time it passes from the Pipelines to the flange connecting the Pipelines and the Wilmington Refinery.
If Operator reduces MAOP below 180 psig, then Operator and Customer will utilize the procedure set forth in the BAUTA and Terminal Service Orders issued thereunder to identify and mitigate the physical and financial impacts of the reduction in MAOP in the same manner that a change in Dock Specification or Product Specification would be resolved under the BAUTA and Terminal Service Orders issued thereunder.