Capacity Reservation Charge. Subject to clause 9.7, during the Service Period the Capacity Reservation Charge in any Billing Period is the product of:
Capacity Reservation Charge. (1) HAMBURG agrees to share all of the design, eontghienreearsisoncgi,atiendspceocstitosn,ofcotnhesterxupcatnisoni,onleogfatlhaend Plant from seven Hundred Fifty Thousand (750,000) Tghaolulsoannsdpe(1r,5d0a0y,0t0o0)ongeaMlillolnisopneFridveayHuon arepdro-rata basis. The formula to be employed for calculating HAMBURG'S payment shall be as follows:
Capacity Reservation Charge. As consideration for this Agreement, including but not limited to the reservation of the full production capacity of the Texas City Styrene Plant for the entire duration of the Term and the terms of Clause 19 hereof (Covenant not to Compete), Customer shall pay Producer a non-refundable capacity reservation charge equal to $58 million. The capacity reservation charge shall be paid by Customer to Producer within ten (10) Business Days after the Effective Date. All amounts due shall be payable by wire transfer of immediately available U.S. funds.
Capacity Reservation Charge. (a) The Capacity Reservation Charge will be calculated for each Gas Day during the Period of Supply by multiplying the sum of Contracted Capacity for Services at each Outlet Point by the Capacity Reservation Charge.
Capacity Reservation Charge
