Individual Fee definition

Individual Fee means the aggregate of the Individual First Phase Fee, the Individual Second Phase Fee and the Individual Disposal by Truck Fee; provided that for purposes of the annual escalation in the Individual Fee described in Section 6.2(b), such term shall not include any Reimbursed Amount.

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Individual Fee means the aggregate of the Individual First Phase Fee and the Individual Second Phase Fee.

Individual Fee means the rate for each Individual System set forth on the applicable Midstream Agreement Addendum.

Examples of Individual Fee in a sentence

The Parties may agree to redetermine a particular Individual Fee without obligation to agree to redetermine any other Individual Fee.
Any Redetermined Individual Fee agreed to by the Parties on or prior to the last Business Day of February of the applicable Adjustment Year (“Redetermination Deadline”) shall become effective as of the first Day of the Month following the Month in which agreement has been reached.
Such annual increase to the Individual Fee shall become effective on July 1 of the applicable Year, even if such Individual Fee was redetermined pursuant to Section 6.2(a), with an effective date during the same Year.
Between November 1 and December 31 of any Year, Midstream Co shall prepare and deliver to Producer for its review and comment a written proposal (each, a “Redetermination Proposal”) to redetermine each Individual Fee (unless the Parties mutually agree not to redetermine any particular Individual Fee) in accordance with this Section 6.2(a).
If the Parties fail to agree upon a redetermination of any Individual Fee set forth in the applicable Redetermination Proposal on or prior to the Redetermination Deadline, such Individual Fee shall remain in effect without redetermination pursuant to this Section 6.2(a).
Effective as of July 1 of each Year, the Individual Fee will be increased by multiplying the then-applicable Individual Fee by the Escalation Percentage (herein, the “Increase in Fee”) and adding the then-applicable Individual Fee to the Increase in Fee; provided that Reimbursed Amounts shall not be subject to this Section 6.2(b).
No separate fee shall be chargeable by Midstream Co and no refund or reduction in the Individual Fee shall be chargeable by or owed to Producer for the hydrocarbons or services described in this Section 6.3, except as provided in Section 6.3(d).
No separate fee shall be chargeable by Midstream Co and no refund or reduction in the Individual Fee shall be chargeable by or owed to Producer for the hydrocarbons or services described in this Section 6.3.
If the Parties fail to agree upon a redetermination of any Individual Fee set forth in the applicable Redetermination Proposal on or prior to the Redetermination Deadline, then such Individual Fee shall remain in effect without redetermination pursuant to this Section 6.2(a).
Effective as of July 1 of each Year, the Individual Fee will be increased by multiplying the then-applicable Individual Fee (as increased for prior Years pursuant to this Section 6.2(b) or otherwise adjusted pursuant to this Agreement) by the Escalation Percentage; provided that Reimbursed Amounts shall not be subject to this Section 6.2(b).

More Definitions of Individual Fee

Individual Fee means the rate for each Individual System set forth on the applicable Agreement Addendum, as such rate may be adjusted from time to time in accordance with the provisions of this Agreement or the applicable Agreement Addendum.

Individual Fee means the aggregate of the Individual First Phase Fee, the Individual Second Phase Fee and the Starlight Pond Fee; provided that for purposes of the annual escalation in the Individual Fee described in Section 6.2(b), such term shall not include any Reimbursed Amount.

Individual Fee means the aggregate of the Individual Vertical Fee and the Individual Horizontal Fee set forth on the applicable Agreement Addendum.

Individual Fee means the rate for each Individual System set forth on Exhibit C.

Individual Fee means the Individual First Phase Rate and the Individual Second Phase Rate.