Common use of Throughput Commitment Clause in Contracts

Throughput Commitment. Subject to the terms and conditions of this Agreement, Customer agrees that each day during the Term it will tender for shipment through the Connecting Pipeline from the Origin Point to the Delivery Point, or pay a Deficiency Payment for failure to tender, the Minimum Volume Commitment.

Appears in 2 contracts

Sources: Crude Oil Throughput and Deficiency Agreement (Arc Logistics Partners LP), Crude Oil Throughput and Deficiency Agreement (Arc Logistics Partners LP)