Examples of Terminal Services Fee in a sentence
Each of Owner and Customer hereby acknowledges and agrees that, except as expressly set forth in this Section 4.1, the Terminal Services Fee constitutes payment for all Terminal Services.
Each such Monthly statement will include, in addition to the identity and volume of Biomass, (i) a consecutive number, (ii) date of issuance, and (iii) a reference to the rate of Terminal Services Fee included in this Agreement.
The Terminal Services Fee and Indirect Taxes reflected in Owner’s invoices are due and payable within ten (10) Business Days after the date of receipt of Owner’s invoice by Customer.
Within ten (10) Days following the end of each Month during the Term of this Agreement, Owner will submit to Customer a statement recording the volume of Customer’s Biomass received at the Delivery Point during the preceding Month, together with an invoice for the Terminal Services Fee and Indirect Taxes for the preceding Month.
In addition to the Affected Party’s obligations under Section 8.2, the Parties may mutually agree to make-up resulting delays or deficiencies due to a Force Majeure Event through an adjustment, as necessary, to the Terminal Services Fee or the Term.
In addition to the Affected Party’s obligations under Section 8.2, the Parties may mutually agree to make-up resulting delays or deficiencies due to a Force Majeure Event through an adjustment, as necessary, to the Terminal Services Fee.
However, if Customer fails to timely elect, or otherwise elects not to deliver a Laycan Nomination, pursuant to Section 4.4.1 above, (a) the Terminal Services Fee shall not be reduced or otherwise abated, (b) Customer shall not be entitled to carry over any such un-made Laycan Nomination for any other Requested Laycan Window, and (c) Customer may not apply any un-nominated volumes of Product for redelivery to any other Vessel.
Determination of the Terminal Services Fee The Terminal Services fee is determined with reference to the estimated number of ships and times to be berthed at the terminals of the CMG Subsidiaries, the number of containers or cargoes to be loaded or transferred at the terminals of the CMG Subsidiaries and the expected service volume in the coming years and the reference rates obtained from the Independent Third Parties offering similar services at the terminals of the CMG Subsidiaries.
In consideration of Customer’s right to nominate Services under the Agreement, Customer will pay a terminal services fee (the “Terminal Services Fee”) equal to (a) the Nominated Volume, multiplied by (b) $0.50 per Barrel; provided, that if Customer fails to nominate the Nominated Volume in accordance with the Agreement, then the Nominated Volume for purposes of calculating the Terminal Services Fee shall be deemed to equal the Minimum Cargo Volume.
Fees; Invoices and Payments 7 4.1 Terminal Services Fee; Included Services 7 4.2 Payment of Terminal Services Fee; Escalation 7 4.3 Taxes and Other Charges 8 4.4 Monthly Statements and Invoices 8 4.5 Payment of Fees 8 4.6 Records and Audits 8 4.7 Inventory Accounting 9 4.8 Shrinkage 9 Section 5.