Contractual clause in a sales contract (SPA) that requires payment of a minimum amount of natural gas, whether or not the delivery is accepted by the buyer. Customers provide their formula to the manufacturer who manufactures products to their specifications. The toll contract guarantees the confidentiality and protection of intellectual property. It is not uncommon for customers to invest in equipment, machinery or technology to properly equip a toll provider for a given project. Whatever the need to charge service providers such as Custom Milling Consulting, Inc. have the skills and know-how to do the job. The agreement, which benefits both parties, provides the customer with low-cost manufacturing services while guaranteeing a long-term contract for the toll service provider. An agreement whereby a party holds (and carries) the entries and exits of a trial, as well as the rights to part of the process`s capacity (the super). Another party undertakes to manage the process or installation and collects a toll per converted entry unit or unit of capacity on which fees are granted (the toll).
As part of a toll agreement for LNG, a company sends a volume of input gas to a liquefaction plant, with the gas being liquefied against a predetermined toll. A toll management agreement is a two-party contract in which a tolling service provider, a contract processor or a “toll” agrees to produce a customer`s product for an agreed fee or a “toll.” Below, we`ll highlight the benefits and differences between tolls and wages to help you make the best decision for your business. As a toll manufacturer, Sierra Coating can provide customers with a facility and manufacturing facilities for processing their raw materials or semi-products. For this reason, the customer has only variable production costs without financial investments in equipment, facilities and personnel. With the manufacture of tolls, the customer has the resources to develop his own special coatings or papers that Sierra Coating can use in the manufacturing process. Then the customer is able to develop the exact product he imagines, without the time and capital for the construction of a manufacturing business. This reduces the time it takes to bring the product to market, as the time it takes to order and install new machines is eliminated. Pipeline company carrying natural gas for a shipper. The transfer of natural gas for third parties through pipeline facilities for a fee. The transport of large quantities of natural gas under high pressure, often through national or regional transport systems.