Examples of Throughput Fee in a sentence
Deficiency Payments: During the Term, if an Actual Monthly Deficiency Volume exists as of the end of any Month, the Shipper shall pay to Carrier an amount equal to the product of (a) the Adjusted Monthly Deficiency Volume for such Month and(b) the applicable Throughput Fee (as set forth in Carrier’s Rates Tariff) in effect for such Month (such product being the “Deficiency Payment”).
During the Term, and subject to Rule 17(B) and Rule 22(C), if Shipper has an Actual Monthly Deficiency Volume at the end of a given Month, then Shipper shall pay to Carrier an amount equal to the product of (i) the Adjusted Monthly Deficiency Volume for such Month and (ii) the Throughput Fee in effect for such Month which would have applied to Shipper’s volume had Shipper shipped its full Monthly Volume Commitment (such product being the “Deficiency Payment”).
A projected Throughput Fee determined on the basis of the Provider’s budget for the year shall be invoiced to the Customer and the balance between this projected Throughput Fee and the final Throughput Fee shall be invoiced by the Provider to the Customer by 15th January of the following year.
TROPES is able to organise objects into multiple independent taxonomies and allows the user to work on a subset of these taxonomies.
If, for any Contract Quarter, Actual Shipments are less than the Minimum Throughput Commitment, then the Refining Entity shall pay the Logistics Entity an amount (a “Shortfall Payment”) equal to the difference between (i) the Minimum Throughput Commitment multiplied by the Base Throughput Fee and (ii) the aggregate Throughput Fees for such Contract Quarter payable under Section 2(b)(i) and Section 2(b)(ii).