Specification Products definition
Examples of Specification Products in a sentence
CBF will redeliver Specification Products during the same Month in which the Raw Product containing such Components is delivered to CBF, so long as Pipeline deliveries allow for fractionation of said Raw Product at a rate approximating the Daily average Pipeline delivery rate for said Month.
For Specification Products from the Chico Plant that will not be further fractionated at Mont Belvieu, an amount equal to: Sale Price per Gallon of the applicable Products minus the sum of (i) the Marketing Fee, (ii) the Transportation Costs, and (iii) the Chico Fractionation Fee.
Seller shall not odorize Products delivered via Pipelines or Specification Products (other than propane) delivered by tank truck, unless Buyer requests that specific loads to be delivered odorized.
Seller shall use commercially reasonable efforts to accommodate any requests of Buyer to (i) change the volumes of Specification Products to be delivered, and (ii) change the means by which Buyer elects to take delivery of such Specification Products.
Amoco shall indemnify and hold CBF and their respective Affiliate's directors, officers, agents and employees harmless from and against any and all claims, demands or causes of action of any kind, together with all loss, damage and expense (including court costs and attorney's fees) arising with respect to the payment of any taxes, royalties, overriding royalties and other payments due or to become due on the services, Raw Products or Specification Products which are subject to this Agreement.
Amoco shall be responsible for the payment of any royalties, overriding royalties, and other payments due or to become due on the Raw Products or the Specification Products which are subject to this Agreement.
In the event that Buyer elects to take delivery of Specification Products at the Chico Plant by truck or by injection into a crude oil or NGL Component Pipeline, in addition to the Product price described at Section 4.1(a), Buyer shall pay Seller the Chico Fractionation Fee or the Adjusted Chico Fractionation Fee, as applicable.
There shall be no fractionation fee paid to Seller for Specification Products designated by Buyer to be re-injected into a Raw Product Pipeline at the tailgate of the Chico Plant.
No later than the last Business Day of each week during the Term, Buyer shall provide Seller with a nomination of the volume of Specification Products to be delivered by Seller to Buyer at the Chico Plant the following week.
However, CBF shall have the right to withhold distribution of Amoco's Specification Products, on a CBF ownership percentage basis, to the extent that CBF has insufficient volumes of Specification Products to meet its obligations to its fractionation customers.