Dedicated Tank definition

Dedicated Tank is defined in Section 1.2. Annex I-1 SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH FIVE ASTERISKS (*****).
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Dedicated Tank means the Tanks designated as such on Schedule A-1 hereto.
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Examples of Dedicated Tank in a sentence

  • Customer agrees that any fixtures, equipment or appurtenances attached to the tanks, including any Dedicated Tank and any Non-Dedicated Tank, or placed in or on the Facility by Operator or Customer, whether before or after the Commencement Date, shall be and remain the property of Operator even though such items may be paid for directly or indirectly by Customer.

  • Each of the Dedicated Tanks shall be used initially for its historical service; provided, however, that Customer may request that a Dedicated Tank be changed for storage of a different grade or type of Product.

  • All of such costs associated with Dedicated Tank modifications shall be documented by a Terminal Service Order to be executed by the Parties.

  • For Product stored in any Dedicated Tank or other tank dedicated for Customer’s exclusive use, Operator will determine and communicate via written report, the Normal Losses and gains occurring on a monthly basis and net these determinations on a calendar year basis.

  • Subject to the terms of this Agreement, the Dedicated Tank shall be dedicated and used exclusively for the storage of PBF Holding’s Crude Oil or the Crude Oil of PBF Holding Designee.

  • TVPC shall provide the ancillary services necessary to receive, store, and redeliver Crude Oil to, in and from the Dedicated Tank, including, but not limited to, injecting additives in Crude Oil, receiving Crude Oil from trucks, providing Crude Oil samples to PBF Holding and gauging the Dedicated Tank at the end of each Month.

  • To the extent that PBF Holding does not require all or a portion of the Operating Capacity of the Dedicated Tank in a Month, TVPC may provide storage services for third parties using the Dedicated Tank during such Month, and such volumes shall be applied as a credit to reduce the Shell Capacity of the Dedicated Tank for purposes of determining the Storage Services Fee for the Dedicated Tank in such Month.

  • Unless TVPC provides such storage services for third parties, PBF Holding shall remain responsible for the full amount of the Storage Service Fee for the Dedicated Tank, except as otherwise set forth herein.

  • Subject to the terms and conditions of this Agreement and the Storage Service Order, TVPC shall accept, redeliver and store all Crude Oil tendered by PBF Holding up to the effective Operating Capacity of the Dedicated Tank.