Tolling Fee Sample Clauses

A Tolling Fee clause defines the payment that one party must make to another for the processing or conversion of raw materials into finished products. Typically, this fee is calculated based on the quantity of material processed or a fixed rate agreed upon in the contract, and it applies in industries such as energy, mining, or manufacturing where a service provider operates facilities on behalf of a client. The core function of this clause is to clearly establish the financial terms for processing services, ensuring both parties understand the cost structure and reducing the risk of disputes over payment obligations.
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Tolling Fee. EPMI shall pay ______ $____/mmbtu of Gas as a tolling fee (the “Tolling Fee”) for ____’s services in generating the Energy from the Gas.
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Tolling Fee. (a) Supplier shall invoice Purchaser, and Purchaser shall pay the Tolling Fee for the Product, in the Currency (as converted through the Currency Conversion Rate). (b) The Tolling Fee is based on Delivery in accordance with the Shipping Terms, and is inclusive of all applicable Taxes, all of which shall be listed separately on each invoice issued under Section 5.01; provided, however, that for the avoidance of doubt, each Party shall bear its own income Tax costs with respect to the activities covered by this Agreement. The Tolling Fee is inclusive of all costs and expenses of the supply chain or Delivery and insurance of the Product (including raw materials, components, utilities, equipment or services which are used in the manufacture or Delivery of Product), which such costs and expenses shall be borne by Supplier. (c) The Tolling Fee shall be sufficient for Supplier to be reimbursed for its Local Value Added plus a reasonable arm’s length ▇▇▇▇-up (the “Tolling Fee Margin”), with such: (i) Local Value Added to be calculated on the basis of standard costs and planned variances consistent with the fees paid by Purchaser to Historical Supplier for the Product in the twelve (12) months immediately prior to the Effective Date; and (ii) Tolling Fee Margin to be mutually agreed upon by the Parties. (d) During the fourth (4th) calendar quarter of each calendar year during the Term and in any event by December 1 of each such calendar year, Supplier shall provide Purchaser with a report containing a good faith reconciliation estimate of such the Tolling Fee previously invoiced for supply of Product during such year and actual Local Value Added plus the Tolling Fee Margin for such Product. The Parties shall thereafter discuss and agree on any balancing payment that may be due from either Party to the other so that the Tolling Fee paid for supply in that calendar year is as close as practicable to the amount equal to Supplier’s Local Value Added plus the Tolling Fee Margin. The Party owed a balancing payment, as agreed by the Parties, shall then provide the other Party with an invoice for such balancing payment by January 31 of the subsequent calendar year, with such balancing payment being made within sixty (60) calendar days of the date of receipt of such invoice. The elements of such reconciliation shall be calculated based on certain variances calculated in accordance with U.S. GAAP consistently applied, including the following variances set forth in (i) throug...
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Tolling Fee. The price for Product supplied by Manufacturer hereunder (the "Tolling Fee") shall be calculated as set forth in Schedule 4.01 hereto. -------------
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Tolling Fee. Unless Customer has terminated this Agreement in accordance with Section 2.3 as permitted thereby, Customer shall pay to the Company pursuant to Section 6.3 a monthly fee (the "TOLLING FEE") on each Payment Date, for the Tolling Period ending immediately prior to such Payment Date, and on the Termination Date, for the period commencing with and including the Payment Date immediately prior to the Termination Date through and including such Termination Date, in accordance with the following formula: TF(n) = DFC(n) + EFC(n) + OMC(n) where: TF = Tolling Fee for such period. n = the Payment Date. DFC(n) = Debt Financing Charge (in Dollars) for such period which amount includes all amounts due and owing as of such Payment Date under the Note Purchase Agreement (excluding amounts becoming due solely as a result of the Noteholders' accelerating the Notes issued under the Note Purchase Agreement directly as a result of Customer's terminating this Agreement in accordance with Section 2.3 as permitted thereby), the amount the Company is obligated to deposit in the Debt Service Reserve Account on such Payment Date and all amounts due and owing with respect to the Subordinated Debt. EFC(n) = Amounts (in Dollars) owed by the Company under Section 4.2 of the Limited Liability Company Agreement due and owing as of such Payment Date. OMC(n) = All administrative, operating and maintenance costs of whatever nature of the Company due and owing as of such Payment Date. All Tolling Fees shall be payable without withholding, setoff or deduction regardless of any events or occurrences whatsoever (whether or not within the control of the Parties) and whether or not Customer has delivered any Feedstock to the MDS Facility and shall not be reduced for any reason other than as permitted by Section 2.3.
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Tolling Fee. Nova shall pay to ▇▇▇▇▇ the Initial Tolling Fee and the Deferred Tolling Fee according to amount and terms set forth on Schedule 1.
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Tolling Fee. The tolling fee to be paid by Hydro to the Company will be a fraction of the London Metal Exchange ("LME") price for contracts for High Grade aluminum (99.7 or P1020), as follows: LME INDEX TOLLING FEE % OF $/TON LME CONTRACT P1020 --------- ------------------ Below 1,450 *** 1,450-1,700 *** Above 1,700 *** Effective from 1 January 1997 through 31 December 1997, the tolling fee shall be not less than $*** per metric ton. The LME price used for measurement purposes will be the LME cash settlement price as published in Metals Week, averaged for the three-month period immediately preceding the month of production. The tolling fee is applicable to all production of aluminum metal hereunder, as adjusted for the production of casthouse products as set forth in Section 5 or for the production of off-grade aluminum as set forth in Section 11. If during any three-month period, the weekly LME cash price on average is more than $20 per metric ton above the average LME three-month contract price (which condition is called "excess backwardation"), then the LME price for measuring purposes computed for such period (and for any continuing period until such excess backwardation ends) shall be the lower of the LME cash or three-month contract price. Thereafter, the measuring price shall again be the LME cash price. The tolling fee covers all costs of handling, storing and loading the aluminum metal produced hereunder until loaded on board railcar or truck at Goldendale. Hydro will have the right to store a maximum of 90 days inventory at Goldendale without additional charge and the Company shall issue to Hydro a warehouse receipt evidencing the finished goods stored. Hydro shall be entitled, at any time, to direct the Company to release some or all of such stored aluminum for sale. As may be directed by Hydro, and in accordance with appropriate bills of lading or other documents of title, the Company will load Hydro's converted aluminum, for shipment to such location as Hydro directs. On average, at least 90% of the annual production will be delivered by the Company as P1020, subject to the production of casthouse products as set forth in Section 5 or the production of off-grade aluminum as set forth in Section 11.
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Tolling Fee. The Borrower hereby agrees to pay to each Lender on the last day of each fiscal quarter (beginning on December 31, 2007) a tolling fee equal to 100 basis points of the Revolving Loans made by it that are then outstanding on such day.
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Tolling Fee 
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Related to Tolling Fee

  • Ticking Fee If any Permitted Term B Reallocation occurs in accordance with the terms of this Agreement and the Term B Reallocation Letter, the Borrower shall pay to the Administrative Agent for the account of each Term B Lender in accordance with its Applicable Term B Percentage, a ticking fee (the “Ticking Fee”) which shall accrue from the date such Permitted Term B Reallocation occurs and is payable in the following amounts during the following periods: (i) for the period commencing on the Closing Date and ending on (but not including) March 3, 2013, a ticking fee equal to 1.75% per annum on the actual daily amount by which the aggregate Term B Commitment (as so increased by such Permitted Term B Reallocation) exceeds the sum of the aggregate Outstanding Amount of Term B Loans, subject to adjustment as provided in Section 2.16, and (ii) for the period commencing on March 3, 2013 and ending on the Term B Advance Period Termination Date, a ticking fee equal to 3.50% per annum on the actual daily amount by which the aggregate Term B Commitment (as so increased by such Permitted Term B Reallocation) exceeds the sum of the aggregate Outstanding Amount of Term B Loans, subject to adjustment as provided in Section 2.16; The Ticking Fee shall accrue at all times after the Permitted Term B Reallocation and during the Term B Advance Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Permitted Term B Reallocation, and on the Term B Advance Period Termination Date. The Ticking Fee shall be calculated quarterly in arrears.

  • Processing Fee ▇▇▇▇▇▇▇▇ agrees to pay Purchaser the Processing Fee listed on the first page of this Agreement to reimburse Purchaser for expenses incurred in processing Merchant’s application, providing toll-free access to customer service representatives, filing and terminating UCC financing statement(s) against Merchant and fees that Purchaser pays any other person for referring Merchant to Purchaser and assisting with the origination of the sale of the Future Receipts. Purchaser will deduct the amount of the Processing Fee from the Purchase Price that is to be paid to Merchant.

  • Placement Fee The amount of compensation to be paid by the Company to Canaccord with respect to each Placement (in addition to any expense reimbursement pursuant to Section 7(i)(ii)) shall be equal to 3.0% of gross proceeds from each Placement.

  • Closing Fee On the Effective Date, the Borrower agrees to pay to the Administrative Agent and each Lender all loan fees as have been agreed to in writing by the Borrower and the Administrative Agent.

  • Monitoring Fee The Owners agree to pay the Council’s costs and expenses incurred or to be to be incurred by the Council in the administration and monitoring of the provisions of his Agreement in the sum of £400.00 such sum to be paid to the Council on the Effective Date