Terminaling definition
Examples of Terminaling in a sentence
Terminal and Customer are party to that certain Terminaling Services Agreement dated August 14, 2013, as amended (collectively, the “Agreement”), which Agreement provides for the storage and handling of various petroleum products as specified therein at the Terminal Facilities.
Terminaling Services Agreement – Commingled Products – Fuel Streamers, Inc.
In accordance with Section 3.1, the Company shall pay the Operator the applicable per-Barrel Terminaling Service Fee for any Excess Throughput.
Upon the termination or expiration of the Term (as defined therein) of the Delaware City Rail Terminaling Services Agreement, the Company Services and the Ancillary Company Services that relate to the Delaware City Rail Terminal shall also terminate as of the termination or expiration of such Term.
In furtherance of this provision, each Operating Entity is executing this Agreement so as to bind itself to perform the terms and conditions for which it is responsible under this Agreement, i.e., United Barge shall perform the River Service, United Bulk shall perform the Terminaling Service and United Ocean shall perform the Trans-Gulf Ocean Service, the Domestic Ocean Service and the Foreign Ocean Service.
Upon the termination or expiration of the Term (as defined therein) of the Delaware City West Ladder Rack Terminaling Services Agreement, the Company Services and the Ancillary Company Services that relate to the West Ladder Rack shall also terminate as of the termination or expiration of such Term.
Upon completion of the Restructuring and at Closing, Toledo Terminaling (a) will own the Toledo Tank Farm Assets, free and clear of any Liens except for Permitted Liens, and (b) will not own any assets or properties other than the Toledo Tank Farm Assets.
At the Closing, upon the terms and subject to the conditions set forth in this Agreement, PBF Energy shall contribute to the Partnership, and the Partnership shall accept from PBF Energy, the Subject Interests, free and clear of any Liens, other than transfer restrictions (i) imposed thereon by securities Laws, (ii) arising under the Organizational Documents of Toledo Terminaling or (iii) resulting from actions of the Partnership or any of its Subsidiaries.
Such payments by VTTI, if any, shall be made on the same terms and subject to the same conditions as are contained in the expired Vitol Terminaling Services Agreement.
Upon the termination or expiration of the Term (as defined therein) of the Toledo Truck Unloading & Terminaling Agreement, the Company Services and the Ancillary Company Services that relate to the Toledo Truck Terminal shall also terminate as of the termination or expiration of such Term.