How is Tolling Fee defined in a legal contract?
- Tolling Fee means a negotiated fee for the conversion of a feedstock mineral contracted with the operator of a value added facility. Seen in 4 SEC filings.
- Tolling Fee means the payment per unit of product due to the producer for the manufacture and delivery of said product, as mutually agreed upon by the contracting parties. Seen in 3 SEC filings.
- Tolling Fee means the fee charged by the supplier to the buyer on a per unit basis for each SKU of products, which includes, among other things, labor costs, utilities, and fixed overhead fees. This fee excludes costs of raw materials, packaging components, the capital recovery amount on a per SKU basis of products, and the allocation of purchase price for any land purchased by the supplier. Seen in 2 SEC filings.
- Tolling Fee means a set fee paid per unit of stock that is converted into a product, as adjusted under the contract. Seen in 2 SEC filings.
- Tolling Fee means the amount paid to secure the right to purchase products in a quantity not less than the minimum purchase, at the price determined in accordance with the set schedule. This amount is equal to the sum of the initial tolling fee and the deferred tolling fee. Seen in 1 SEC filing.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of tolling fee' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Tolling Fee means a set fee paid per unit or SKU, for the manufacturing process and delivery of a product.
Relevant Contract Types
Relevant Circumstances
- Procurement processes.
- Operational cost discussions.
- Vendor negotiations and contracts.
Relevant Sectors
Genie Definition 2
Tolling Fee means the payment to secure the right to purchase a minimum quantity of products, determined according to the contract.
Relevant Contract Types
Relevant Circumstances
- Large-scale bulk purchases.
- Business acquisitions.
- Stock procurement arrangements.
Relevant Sectors
Are you creating, reviewing or negotiating a document?
🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)
Tolling Fee means a set fee paid per unit or SKU, for the manufacturing process and delivery of a product.
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs