Clean spot in a Tolling Agreement - Online Editor

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What is the meaning of tolling agreement?

Meaning of tolling agreement in English a contract to supply an agreed amount of raw material to be put through industrial processes by a particular factory: Under an innovative tolling agreement the company has acquired rights to the total monthly output of two mines.

What is LNG tolling fee?

Tolling is a new model of LNG plant operation. Under tolling, a customer (natural gas supplier) pays a toll to run gas through a liquefaction plant owned by another company. The plant owner is merely interested in providing the liquefaction services and collecting the toll. This model is practical in the United States.

What is an SEC tolling agreement?

In the context of section 2462, tolling agreements serve essentially as contractual permission slips, signed by the SEC and a private party, that purport to empower courts to do something that Congress has plainly said they cannot do namely, to entertain a case that seeks a fine, penalty, or forfeiture based on a

What is an LNG tolling agreement?

The other dominant commercial structure employed by U.S. LNG export facilities. In this instance, the terminal operator simply liquefies gas for those with a stake in its production units. Most U.S. facilities not owned by Cheniere Energy Inc. operate under this model.

What is an energy tolling agreement?

Under a tolling agreement contract a renter receives a right to operate a power plant for a fixed time horizon in exchange for a fixed payment. During the life of the contract the renter receives all cash inflows and outflows associated with the power plant.

What is gas tolling?

Gas Tolling Agreement means an arrangement whereby natural gas is converted to electric energy in return for a pre-established tolling charge.

How does tolling agreement work?

A tolling agreement establishes a deadline for the parties to negotiate before a plaintiff must file suit to enforce legal rights. Typically, neither side wants to spend energy and money proving their case in court. Thus, a tolling agreement pushes the parties towards compromising their positions and settling.

What are the downsides of tolling agreement?

Tolling Agreement Drawbacks Limitations on insurance coverage: Complications could occur if a case involves compensation from insurance. The tolling agreement can push the statute of limitations deadline further, but it may not be able to force an insurance company to pay outside of their policys statute.

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Clean spot in the Tolling Agreement

Clean spot in Tolling Agreement with DocHub!

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