THPP definition
Examples of THPP in a sentence
The quality and quantity of the crude petroleum received by TLO shall be determined by sampling, verification and measurement conducted by TLO, THPP or third party operator of a receipt or delivery point.
The existing range of placement options is available for NMDs through EFC, such as: • Approved relative (including California Work Opportunities and Responsibility to Kids), • Non-Related Extended Family Member (NREFM), • ▇▇▇▇▇▇ Family Home (FFH), ▇▇▇▇▇▇ Family Agency (FFA), • Small Family Home, • Whole Family ▇▇▇▇▇▇ Homes, • Group Home (under limited circumstances), • Transitional Housing Placement Program (THPP) (under limited circumstances).
THPP shall identify in such Force Majeure Notice the particular Segment or Segments of the Pipeline System that are affected by the Force Majeure and the approximate length of time that THPP reasonably believes in good faith such Force Majeure shall continue (the “Force Majeure Period”).
Upon completion, TRMC shall pay the difference between the actual portion of Restoration costs to be paid by TRMC pursuant to this Section 13(c) and the estimated amount paid under the preceding sentence within thirty (30) days after receipt of THPP’s invoice therefor, or, if appropriate, THPP shall pay TRMC the excess of the estimate paid by TRMC over THPP’s actual costs as previously described within thirty (30) days after completion of the Restoration.
In the event the Parties agree to an expedited Restoration plan wherein TRMC agrees to fund a portion of the Restoration cost, then neither Party shall have the right to terminate this Agreement pursuant to Section 12(a) above so long as such Restoration is completed with due diligence, and TRMC shall pay such portion to THPP in advance based on an estimate conforming to reasonable engineering standards applicable to petroleum pipelines.
If, during any Shipping Month, Actual Shipments by TRMC are less than the Minimum Throughput Commitment for such Shipping Month, TRMC shall pay to THPP an amount equal to (i) the amount of such shortfall (in Barrels) multiplied by (ii) the Weighted Average Committed Tariff Rate for such Shipping Month (the “Shortfall Payment”).
To the extent any shipments by TRMC on the Pipeline System constitute interstate shipments under Applicable Law, TRMC agrees to pay to THPP the common carrier tariff rate on file with the FERC.
If THPP determines based on such pipeline tests or inspections that the Available Capacity of such Tariff Section exceeds 70,000 bpd, then notwithstanding the provisions of Section 2(b)(ii), the amount of such excess shall be included in the calculation of Reserved Capacity for the Segments included in such Tariff Section without any adjustment to the Minimum Throughput Commitment.
THPP shall inform TRMC in writing prior to the Commencement Date of the Available Capacity of each Segment of the intrastate portion of the Pipeline System.
Further, for confidential shipper information of TRMC, THPP may retain such information as may be required to document its performance in accordance with Applicable Law and customary industry practices.