Excess Throughput definition

Excess Throughput has the meaning specified in Section 3.3.
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Excess Throughput for any Quarter shall mean Customer’s Actual Throughput during such Quarter in excess of the Minimum Throughput Commitment.
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Excess Throughput means Throughput Volume during any **********, expressed as Gross Standard Volume, in excess of ********** the Storage Volume as specified on the Variable Information Schedule.
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Examples of Excess Throughput in a sentence

  • In accordance with Section 3.1, the Company shall pay the Operator the applicable per-Barrel Terminaling Service Fee for any Excess Throughput.

  • Excess Throughput Charges will be reviewed and may be adjusted annually by the Operator.

  • Within thirty (30) days after notice from Seller of such quantities of quarterly excess throughput for such quarter, Buyer shall pay Seller an amount equal to the Quarterly Excess Throughput Fee.

  • Within thirty (30) days after the end of each Contract Year, Seller shall determine, and notify Buyer with respect to, the Excess Barge Throughput, Excess Pipeline Throughput, Excess Rail Throughput, and Excess Truck Throughput for such Contract Year and the corresponding Excess Throughput Fee for such Contract Year.

  • In accordance with Section 3.2, the Company shall pay the Operator the applicable per-Barrel Terminaling Service Fee for any Excess Throughput.

  • If Customer receives Product from a third party at the Terminal through an in-tank transfer, the volume of Product received will be treated as a delivery to the Terminal for calculation of the Minimum Throughput Charge and the Excess Throughput Charge, if applicable.

  • In addition, TRMC shall pay any applicable Excess Throughput Fee as set forth and calculated in the applicable Pipeline Service Order.

  • The dollar amount of any Crude Shortfall Payment included in the monthly invoice described in Section 8(c) below and paid by TRMC shall be posted as a credit to TRMC’s account (the “Crude Barrels Credit”), and such Crude Barrels Credit shall be applied in subsequent monthly invoices against Excess Throughput Fees applicable to throughput of Barrels of Crude Oil during any of the succeeding three (3) Months.

  • 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”).

  • The Excess Throughput Charge shall be computed monthly (starting from the first day of each Contract Year) and Lessee shall pay Lessor an amount equal to the Excess Throughput Charge less an amount equal to the cumulative sum of all Excess Throughput Charges already paid by Lessee to Lessor during such Contract Year.


More Definitions of Excess Throughput

Excess Throughput means Throughput Volume during one calendar month, expressed as Net Standard Volume, in excess of ********** Barrels.
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Excess Throughput has the meaning assigned to such term in Section 3(c) of Attachment A.
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Excess Throughput is defined in Section 2(e).
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Excess Throughput means that volume of Product which is received at the Receipt Point in any one Contract Year in excess of the Reserved Volume.
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Related to Excess Throughput

  • Throughput means the measure of production, or factor related to production, used to determine the relationship between the amount of energy used by the target unit and the levels of activity of the target unit, as set out in Schedule 6 to an underlying agreement; “the Tribunal” means the First-tier Tribunal established under the ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇;

  • Generator Forced Outage means an immediate reduction in output or capacity or removal from service, in whole or in part, of a generating unit by reason of an Emergency or threatened Emergency, unanticipated failure, or other cause beyond the control of the owner or operator of the facility, as specified in the relevant portions of the PJM Manuals. A reduction in output or removal from service of a generating unit in response to changes in market conditions shall not constitute a Generator Forced Outage.

  • Maximum Concentration Level Assessment means the Maximum Concentration Level Assessment for the purposes of a Basic Comprehensive Certificate of Approval, described in the Basic Comprehensive User Guide, prepared by a Toxicologist using currently available toxicological information, that demonstrates that the concentration at any Point of Impingement for a Compound of Concern that does not have a Ministry Point of Impingement Limit is not likely to cause an adverse effect as defined by the EPA. The concentration at Point of Impingement for a Compound of Concern must be calculated in accordance with O. Reg. 419/05.

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

  • Basic gas supply service means gas supply service that is