Examples of Crude Pipelines in a sentence
During each Contract Quarter during the Term and subject to the terms and conditions of this Agreement, the Company agrees that commencing on the Commencement Date, the Company will ship on (i) the Lion Crude Pipelines, the Lion Crude Minimum Throughput Commitment, (ii) the Gathering System, the Gathering System Minimum Throughput Commitment and (iii) the Products Pipelines, the Product Minimum Throughput Commitment.
TLO will agree to operate and maintain the Short Haul Pipelines in good working order and ship crude petroleum on the Crude Pipelines and refined petroleum products for TRMC on the Products Pipelines that collectively comprise the Short Haul Pipelines, subject to the terms and conditions of this Agreement.
This survey provides relative measures of employee satisfaction and engage- ment on a number of dimensions.In 2007, the FDIC will analyze the results and implement action plans to address any potential issues that employees identify as inhibitors to strong employee engagement.
Crude Pipelines — our right-of-way agreements generally require that pipeline properties be returned to their original condition when the agreements are no longer in effect.
TRMC warrants that all Products delivered into the Crude Pipelines and Refined Products Pipelines under this Agreement shall meet the latest applicable pipeline specifications or mutually agreed upon specifications for that Product upon receipt at the applicable Segment and contain no deleterious substances or concentrations of any contaminants that may make it or its components commercially unacceptable in general industry application.
With respect to Crude Oil held in Included Locations, title and risk of loss to such Crude Oil shall pass from Citi to DKTS (i) as Crude Oil passes at the relevant Crude Delivery Point; provided that title and risk of loss shall remain with Citi during Crude Oil transfers between Included Locations that occur on Included Crude Pipelines.
Comprised of 5,515 Shares owned directly by Mr. Kramer and 300 Shares owned as custodian for his minor grandchildren.
During the Term and subject to the terms and conditions of this Agreement, TSPC shall make available to TRMC at all times (A) throughput capacity on the Crude Pipelines sufficient to allow TRMC to throughput the Crude Reserved Capacity and (B) throughput capacity on the Refined Products Pipelines sufficient to allow TRMC to throughput the Refined Products Reserved Capacity.
If, during any Month, actual shipments by TRMC on the Crude Pipelines are less than the Crude MTC, then TRMC shall pay a shortfall payment to TSPC based on the Transportation Fees and Excess Throughput Fees for such Month, as set forth and calculated in the Pipeline Service Order applicable to throughput of Crude Oil (the “Crude Shortfall Payment”).
Citi shall at all times maintain shipper status on each of the Included Crude Pipelines, Included Product Pipelines and other Included Locations on which Crude Oil or Products, as applicable, may be shipped during the Term of the Agreement.