Clean type in the Tolling Agreement

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How to clean type in the Tolling Agreement

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tolling agreement an agreement via Toller with an owner of raw materials to process the raw material for a specified fee toll into a product with the raw material and the product remaining the property of the provider of the raw material t o l l I n G G R P P MP n t tolling agreement

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A tolling agreement is typically an extrajudicial agreement entered into between the parties that tolls the statute of limitations for counterclaims for a specific period of time. Tolling agreements are contractual in nature, and as such, must be crafted for each individual case.
This type of agreement suspends limitation periods and other time bars that could prohibit a potential proceeding, giving parties more time to decide whether a proceeding would be appropriate in the circumstances.
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.
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.
Gas Tolling Agreement means an arrangement whereby natural gas is converted to electric energy in return for a pre-established tolling charge.
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.
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.

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