Skid Loader definition

Skid Loader means a Crude Petroleum transloader situated on a skid capable of transloading a maximum of 475 Barrels per hour.
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Skid Loader means a crude petroleum transloader situated on a skid, with a capacity of at least 475 barrels of crude oil per hour. .“Spark Energy” shall have the meaning specified in the third “Whereas” clause of this Agreement. .“Transaction Taxes” shall have the meaning specified in Section 2.02.
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Examples of Skid Loader in a sentence

  • At the meeting, the Parties shall negotiate in good faith with the objective of reaching a joint resolution for the restoration of capacity through the Skid Loader which shall, among other things, specify steps to be taken by ▇▇▇▇▇▇ to fully accomplish such restoration and the deadlines by which such restoration must be completed (the “Capacity Restoration”).

  • Further, ▇▇▇▇▇▇ shall maintain and repair the Skid Loader in accordance with transloading industry standards and in a manner which allows the Skid Loader to be capable, subject to Force Majeure or temporary shutdown for testing, repair and maintenance, of transloading volumes of Crude Petroleum that are no less than the Minimum Capacity.

  • In the event AES shall determine in good faith that its economic considerations justify incurring additional costs to restore the Skid Loader in a more expedited manner than the time schedule determined in accordance with the preceding sentence, AES may require ▇▇▇▇▇▇ to expedite the restoration to the extent commercially reasonable, subject to AES’s payment, in advance, of the estimated incremental costs to be incurred by ▇▇▇▇▇▇ as a result of such expedited time schedule.

  • To the extent ▇▇▇▇▇▇ has then uncommitted, available capacity at the Skid Loader, ▇▇▇▇▇▇ shall use reasonable efforts to transload any Excess Volumes that AES may request be transloaded but shall not be obligated to do so.

  • Any such Excess Volumes transloaded by ▇▇▇▇▇▇ utilizing the Skid Loader shall be transloaded at the rates specified in Section 4.1 below.

  • On December 21, 2005, the Company entered into a third party agreement to lease (1) Skid Loader for the North Fork property.

  • If ▇▇▇▇▇▇ is unable to transload volumes of Crude Petroleum actually delivered by AES for transloading utilizing the Skid Loader up to the Minimum Capacity due to a Force Majeure event lasting longer than forty- eight (48) consecutive hours, during any such Force Majeure period after the expiration of the 48 consecutive hour period (the “Capacity Reduction Period”), SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED.