Measurement Provisions definition

Measurement Provisions means the procedures, methods and standards by which:
Measurement Provisions means those procedures, methods and standards in place in respect of the measurement and determination of the volume, calorific value, quantity and delivery characteristics of Gas delivered or tendered for delivery at the System Entry Point as set out in Schedule 5;
Measurement Provisions as set out in Schedule 9, shall mean those procedures, methods and standards by which Gas delivered or tendered for delivery at the LDZ System Entry Point will be measured, sampled and analysed and the volume, Calorific Value, quantity and delivery characteristics of such Gas will be determined;

Examples of Measurement Provisions in a sentence

  • The Equipment meets the requirements of Schedule 4 – Network Entry Conditions and Schedule 5 – Measurement Provisions.

  • Prior to any period of planned shutdown and upon planned re-start following a period of shutdown any OPN submitted to National Grid Gas will be subject to validation for compliance with Annex C (Measurement Provisions) of the Interconnection Agreement.


More Definitions of Measurement Provisions

Measurement Provisions means those procedures, methods and standards in place in respect of the measurement and determination of the volume, calorific value, quantity and delivery characteristics of Natural Gas delivered or tendered for delivery at the Connected System Point as set out in Part 2 of Appendix 1. Megajoules means one million (1,000,000) Joules. MJ/CM means Megajoules per Cubic Metre. MMJ means millions of Megajoules. MMJD means millions of Megajoules per Day. MCM means millions of Cubic Metres. MCM/D or MCM/day means millions of Cubic Metres per Day. MCM/h or MCM/hour means millions of Cubic Metres per Hour. MWh/D or MWh/day means millions of kWh per Day. MWh/h or MWh/hour means millions of kWh per Hour.

Related to Measurement Provisions

  • Arrangement Provisions means Part 9, Division 5 of the BCBCA;

  • Performance References has the meaning set forth for such term in the definition of Derivative Instrument.

  • Relevant Provisions means, in respect of the Determination Agent, the provisions of the Determination Agency Agreement, the Trust Deed, and the Conditions.

  • ESG Pricing Provisions has the meaning specified in Section 2.18.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Performance Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.

  • Measurement means metered volumes at a custody transfer meter through a turbine, Coriolis, or such other meter.

  • performance requirement means a requirement that:

  • Performance Measures means measures as described in Article 12 on which the performance goals are based and which are approved by the Company’s shareholders pursuant to this Plan in order to qualify Awards as Performance-Based Compensation.

  • Performance Requirements The ordering entity reserves the right to inspect and verify that all deliveries are in accordance with specifications, both at the point of delivery and at the point of use. For orders that specify an “authorized party” to receive and inspect deliveries and/or installations, acceptance and inspection procedures must be performed by the” authorized party” to be considered and accepted by the ordering entity. Products inspected at the time of use are subject to refusal and return requirements for issues of quality such as defects in manufacturing and/or workmanship. Products will not be considered accepted by the ordering entity until the installation is complete for the applicable products.

  • Performance evaluation means evaluation of work and program participation as well as other areas of behavior.

  • Performance Goal means a performance goal established by the Committee pursuant to Section 10.3.

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Performance Factor means any matter that could or will significantly affect a party’s ability to fulfill its obligations under this Agreement;