DLMT definition
Examples of DLMT in a sentence
In no event shall DLMT be liable to Dynegy for other taxes due on the account of the services rendered by Dynegy hereunder (including, without limitation, taxes measured by the gross receipts or net income of Dynegy).
DLMT agrees that it will not assign or transfer any interest in the volumes of Raw Product dedicated to this Agreement during the term hereof unless such assignment is made subject to this Agreement and any assignee ratifies and adopts this Agreement in writing.
If required by either Dynegy or DLMT, the determined mass shall be converted to Gallons at Standard Conditions in accordance with GPA 8173, latest edition, using weight-in-vacuum factors from GPA Standard 2145, latest edition.
Any personal property or other ad valorem taxes ("Property Taxes") levied or assessed by any -5- governmental authority upon DLMT's Product(s) delivered, stored and/or redelivered hereunder shall be paid by DLMT.
Said Reservation Fee is payable to Dynegy on a Monthly basis, whether DLMT elects to fractionate such Raw Product at the Fractionator or exercise, in whole or in part, its Mont Belvieu 7 "Confidential Treatment Requested" Option as set forth in Section 3.3 above.
DLMT, or its representative, shall have access at all reasonable times to the equipment of Dynegy's custody measurement station, or that of Dynegy's designees, but the reading, calibrating and adjusting thereof shall be done by the employees, agents, representatives or designees of Dynegy.
If DLMT elects to run its own analysis, same shall be at DLMT's sole cost and expense and DLMT will be responsible for picking up Dynegy's sample cylinder at Dynegy's Sulphur, Louisiana offices, and returning the cylinder to Dynegy within 14 calendar days of pick-up.
Solely for the purpose of this Section 8.1, Dynegy and DLMT shall not be deemed Affiliates.
In the event any such Third Party Agreement should terminate or expire, DLMT shall have the right, but not the obligation, to purchase such Raw Product and/or Finished Products from DMSLP effective upon termination of any such Third Party Agreement(s) ("Future Expiring Products").
For and in consideration of the rates and fees to be paid by DLMT to Dynegy as provided herein, Dynegy hereby agrees to lease storage space at its underground storage facility for the storage of up to, but not to exceed, the maximum quantity of natural gas liquid specification products or raw product ("Product(s)") set forth in Exhibit A which is attached hereto and made a part hereof (the "Lease Volume").