TPSI definition
Examples of TPSI in a sentence
TPSI shall be the producer of the ethanol and gasoline blendstock mixture for purposes of any applicable ethanol blender’s tax credit.
MSCG shall sell to TPSI the gasoline blendstocks and the ethanol as separate components just prior to blending.
Any such additional property or properties must be satisfactory to TPSI in its reasonable discretion.
Sales by MSCG to TPSI shall not affect the amounts owed to PBF by MSCG.
This assumption shall inure to the benefit of TPSI, its shareholders, officers, directors, employees and agents.
For each gallon of ethanol provided by MSCG to TPSI for rack blending as described in Section 6.4.1, MSCG shall transfer to PBF one Gallon-RIN meeting the criteria specified below.
If the Parties fail to agree by the 25th day prior to the commencement of such calendar month on the fixed value for any component, the Location Premium for such following calendar month shall be calculated using the actual costs, volumes, fees, prices or amounts that applied in connection with each MSCG (or TPSI) sale instead of using a fixed component.
The Parties acknowledge that MSCG shall own and from time to time provide to the NuStar Terminal ethanol for blending with the appropriate gasoline blendstocks for sale to TPSI and on-sale to Customers.
If the Parties fail to agree by the 25th day prior to the commencement of such calendar month on the fixed value for any component, the Location Premium for such following calendar month shall be calculated using the actual costs, volumes, fees, prices or amounts that applied in connection with each MSCG sale (including TPSI), instead of using a fixed component.
The Parties acknowledge that MSCG shall own and from time to time deliver to the Refinery ethanol for blending with the appropriate gasoline blendstocks for sale to TPSI and on-sale to Customers.