![]() Contractor shall invoice Company monthly. Within fifteen (15) days following the end of each calendar month, Contractor will submit to Company statements setting forth the volume of Company’s Product received into the Transload Facility during such calendar month calculated in accordance with the terms hereof together with an invoice for amounts all due under this Agreement for Services provided during such calendar month. If this Agreement is executed on a date other than the first (1st) of a calendar month then said fees shall be pro-rated for the remainder of the month following the execution hereof.ĭ. In addition to the Transloading Fee contemplated by this Agreement, Contractor may, from time to time, upon request from Company, provide the Company those services on Exhibit 1 described as ‘Additional Services’, and Company shall pay Contractor for such services in accordance with the rates associated therewith. Contractor shall invoice Company monthly for said tariffs, fees, and additional services.Ĭ. Company shall pay demurrage fees to Contractor at the rate and switching fees in accordance with applicable tariffs. In consideration for Contractor’s performance of its Services at the Transload Facility, Company shall pay to Contractor transloading fees, rates and charges (“ Transloading Fee ”) as detailed in the rate schedule in Exhibit 2. The Storage Facilities are estimated to be completed on or before August 1, 2018.Ī. In anticipation of provision of the Services, Contractor is constructing at the Transload Facility those additional facilities allowing for (a) manifest rail to truck service for Company (the “ Service Facilities ”) and (b) Company-dedicated high-efficiency sand silo storage with 30,000 tons of capacity (the “ Storage Facilities ”). Contractor operates a transload facility in Kingfisher, Oklahoma (“ Transload Facility ”). The Parties acknowledge that this Agreement covers provision of the Services at the Transload Facility pursuant to the terms and conditions contained herein. ACCESS RIGHTS TRANSLOADING RIGHTS ADDITIONAL FACILITIES. Company and Contractor shall mutually agree to any Renewal Terms.Ģ. Company shall have the option to request to extend the agreement for additional six (6) month periods thereafter (each a “ Renewal Term ”) by providing written notice to Contractor not less than ninety (90) days prior to the end of the Initial Term or a Renewal Term. Sections 3.A, 4, 5, 6 and 11 shall commence on the date on which the Service Facilities commence commercial operation allowing for manifest rail to truck service, estimated to be on or before January 1, 2018 (the “ Effective Date ”). This Agreement shall continue in effect for a period of seven (7) years following the Effective Date (the “ Initial Term ”). This Agreement, other than Sections 3.A, 4, 5, 6 and 11, shall commence on the Execution Date. ![]() THIS SAND STORAGE AND TRANSLOAD AGREEMENT (“ Agreement ”) made as of July 27 th, 2017 (the “ Execution Date ”), by and between Solaris Logistics, LLC (“ Contractor ”) and *** (“ Company ”). Contractor and Company may each be referred to herein as a “ Party ” or collectively as “ Parties ”.ġ. ![]()
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