Terminalling definition

Terminalling means either Firm Terminalling Service or Spot Terminalling Service, or both, as the context requires;
View Source
Terminalling means the receipt of NGLs and petroleum products for storage into storage tanks and other related equipment, including pipelines, where the NGLs will be commingled with other products of similar quality; the storage of NGLs; and the delivery of NGLs as directed by a distributor into a truck, vessel or pipeline;
View Source
Terminalling means handling and storage of Raw Materials, Intermediates, and/or Finished Products.
View Source

Examples of Terminalling in a sentence

  • Shortfall Payments shall be equal to the weighted average Terminalling Service Fee paid by Tesoro during that Month across all of the Terminals, multiplied by the aggregate monthly shortfall across all Terminals.

  • If Customer makes an offer on terms no less favorable to TLO than the third-party offer with respect to such terminalling services agreement during the Terminalling First Offer Period, then TLO shall be obligated to enter into a terminalling services agreement with Customer on the terms set forth in Customer’s offer to TLO.

  • If Customer does not exercise its Terminalling Right of First Refusal in the manner set forth above, TLO may, for the next ninety (90) days, proceed with the negotiation of the third-party terminalling services agreement.

  • If Tesoro does not exercise its Terminalling Right of First Refusal in the manner set forth above, TLO may, for the next ninety (90) days, proceed with the negotiation of the third-party terminalling services agreement.

  • Customer shall pay the Terminalling Service Fee for such service as set forth in a Terminal Service Order.

  • By signing this LTL, each of the Terminal Operator and Client acknowledges to have taken knowledge of the content of the LNG Terminalling Program as may be changed from time to time after approval by the ▇▇▇▇.

  • Curtailment Fees for each applicable Month shall be equal to (i) such Terminal’s Stipulated Volume multiplied by (ii) the number of days in the Month, multiplied by (iii) the weighted average monthly Terminalling Service Fee incurred by Tesoro at such Terminal during the twelve (12) calendar Months immediately preceding the Refinery’s suspension of operations.

  • Curtailment Fees for each applicable Month shall be equal to (i) such Terminal’s Stipulated Volume multiplied by (ii) the number of days in the Month, multiplied by (iii) the weighted average monthly Terminalling Service Fee incurred by TRMC at such Terminal during the twelve (12) Months immediately preceding the Refinery’s suspension of operations.

  • During the Term and subject to the terms and conditions of this Agreement, TLO shall make available to TRMC at all times commingled storage and throughput capacity for truck rack movements at each respective Terminal sufficient to allow TRMC to throughput the Reserved Capacity for such Terminal, and TRMC shall pay the Terminalling Service Fee for such service, as set forth in a Terminal Service Order.

  • Shortfall Payments shall be equal to the weighted average of the amounts for each Terminal of the Terminalling Service Fee paid by TRMC during that Month and the monthly shortfall at that Terminal.

Related to Terminalling

  • Refinery means a facility for the manufacture or reprocessing of finished or unfinished petroleum

  • Transportation Service means a service for moving people and goods, such as intercity bus service and passenger rail service.

  • Transportation Services means travel assistance given to an individual with

  • Terminal means the EMV-enabled machine, terminal or other hardware device you obtain from NCR Voyix as an item of Hardware to use in connection with the Service to make the Offering to the Service User and to access the EMV PSP Service.

  • Transportation Service Agreement means the contract between KUB and the Customer whereby KUB agrees to provide transportation gas service to the Customer.