Hub Fees definition

Hub Fees means any charges, fees or costs, by either the Seller or the Purchaser, relating to hubs, pooling points or title transfers charged by either the pipeline immediately upstream of and delivering into the Delivery Point or the pipeline immediately downstream of and taking Natural Gas from the Delivery Points and actually incurred in connection with the transfer of Natural Gas between the Seller and the Purchaser at the Delivery Point.
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Examples of Hub Fees in a sentence

  • The Seller shall be responsible for the payment of all Hub Fees (whether charged to the Seller or the Purchaser) payable in connection with delivery of Natural Gas hereunder at any Delivery Point.

  • Seller shall be responsible for the payment of all Hub Fees (whether charged to Seller or Purchaser) payable in connection with delivery of Natural Gas hereunder at any Delivery Point.

  • Seller shall be responsible for the payment of all Hub Fees (whether charged to Seller or Purchaser) payable in connection with delivery of Natural Gas hereunder at the Delivery Point.

  • Net Sales shall be defined as total sales less usual and customary sales allowances, including Hub Fees, Sales Concessions, Co-promote Fees, Cost of Goods Sold and other charges and expenses relating to the sale of comparable pharmaceutical products pursuant to Generally Accepted Accounting Practices (GAAP), assuming that the Excellagen Average Selling Price per unit (ASP) exceeds $800.