Common use of Terminal Services Clause in Contracts

Terminal Services. (a) During the Storage Term (as defined in Section 3.2) RDC shall purchase and pay for, and RCR shall provide, Terminal Services (as defined below) on the terms and conditions set forth herein. (i) The Maximum Storage Quantity with respect to any one July 1 to June 30 period during the Storage Term (“Maximum SQ”) shall be: 30 kst; provided, that, the maximum storage quantity that RCR shall have any obligation to provide hereunder at any given time (the “Current Limit”) shall be 15 kst minus the volume of anhydrous ammonia then being stored at the NIOTA Facility (x) which is then owned by RDC or any of its affiliates or (y) which was sold to RCR within the prior 60 days. (ii) The Minimum Storage Quantity with respect to any one July 1 to June 30 period during the Storage Term (“Minimum SQ”) shall be: 30 kst.