Monthly Throughput definition
Examples of Monthly Throughput in a sentence
Upon the request of Customer, Terminal Company will throughput at least the Minimum Monthly Throughput Volume at the Terminal.
Customer will pay Terminal Company eight cents ($0.08) per Barrel for each Barrel of Customer’s Product received at the Terminal in excess of the Minimum Monthly Throughput Volume (“Excess Throughput Charge”).
Monthly Throughput Percentage is represented by the following formula: Monthly Throughput % = 100% - Average Error Rate E.
If, and for so long as, SUNOCO is required to use any portion of a temporary route that is owned and/operated by any unaffiliated entity, including the [*****] Pipeline Connection and the [*****] Pipeline Connection, as provided for under the preceding sentence, SUNOCO agrees to suspend Shipper's Minimum Monthly Throughput Obligation (as that term is defined in subparagraph 6.A, below).
However, regardless of when and whether Shipper has exceeded its Minimum Monthly Throughput Obligation for any given calendar month, all of the barrels of any Feedstocks that are received from any Third-Party Pipeline System and moved along the C-[*****] Pipeline Route shall be subject to the then-current Joint Incentive Tariff.