Throughput Services definition
Examples of Throughput Services in a sentence
Operator agrees to provide, operate and maintain at its sole cost, risk and expense, the Terminals and other facilities necessary to provide the Throughput Services contemplated in this Agreement in a good and workmanlike manner in accordance with standards customary in this industry, including those specified in Section 1(a).
The Throughput Services may be provided by Operator or any of Operator’s subsidiaries.
Operator agrees to provide all meters and equipment required to provide the Throughput Services.
Customer shall not assign its rights to Throughput Services to third parties or otherwise deliver Product for third parties at the Terminals unless written approval for such activity is obtained in advance from Operator, which approval shall not be unreasonably withheld.
Lazarus and GEL Tex are party to (1) that certain Crude Oil Supply and Throughput Services Agreement, effective August 12, 2011 and (2) that certain Joint Marketing Agreement, effective August 12, 2011 (collectively, the “GEL Tex Agreements”).
Customer shall not assign its rights to Throughput Services to third parties or otherwise deliver Product for third parties at the Terminals unless written approval for such activity is obtained in advance from Operator, which shall not be unreasonably withheld.
The Parties agree that in consideration for the Throughput Services, the Tenant shall pay the charges to the Host.
Interim Throughput Services Agreement This Amendment Number One to Interim Throughput Services Agreement ("Amendment") is made and entered into this .11_ day of March, 2011, by and between GENESIS CRUDE OIL,LP, a Delaware limited partnership, whose address is 919 ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇., (''GCO" or "DPS") and LAZARUS ENERGY HOLDINGS, LLC, a Delaware limited liability company, whose address is ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ("'Lazarus").
Throughput Services shall be made available to DPS through the utilization of the following Tanks: Tank Number Approximate Capacity Product 53 55,000 Bbls Crude 54 55,000 Bbls Crude DPS shallnot substitute the "Product" as specified above without the prior written consent of LAZARUS.
Throughput Services will mean the acceptance of Product tendered by Customer at the Terminal for the account of Customer, interim storage of the product, and re-delivery of Product via Customer's designated receiving equipment for the account of Customer, (as specified in paragraph 6) together with all necessary recordkeeping.