Calculation of Volume Sample Clauses

Calculation of Volume. The volume of Bulk Oil Cargo Handled at Operator’s Member Oil Handling Facility shall for greater certainty mean: (a) the volume of Bulk Oil Cargo measured in Tonnes at the shore side of the dock flange at Operator’s Member Oil Handling Facility, without regard to title, unloaded from a ship to Operator’s Member Oil Handling Facility; and (b) the volume of Bulk Oil Cargo measured in Tonnes at the shore side of the dock flange at Operator’s Member Oil Handling Facility, without regard to title, loaded onto a ship from Operator’s Member Oil Handling Facility if such volume is intended for movement to an international destination.
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Calculation of Volume. For purposes of calculating the volume of Product purchased by Customer (which volume is relevant for purposes of calculating the Performance Incentives and the Unfulfilled Commitment), Product shall be deemed to have been purchased on a specific date determined in accordance with the following schedule: Cash Sale Truck Shipment Date on Xxxx of Lading Cash Sale Rail Requested Date of Shipment from Customer and accepted by Supplier Index Sale Truck Shipment Date on Xxxx of Lading Index Sale Rail and Barge Requested Date of Shipment from Customer and accepted by Supplier Forward Pricing Sale All First day of the shipment month requested by Customer Negotiated Sale Truck Shipment Date on Xxxx of Lading Negotiated Sale Rail, Barge, Vessel, Bulk and Pipeline Requested Date of Shipment from Customer Notwithstanding the foregoing, (i) Product will only be deemed to have been purchased by Customer if the Product is paid for in full by Customer and (ii) in the case of orders placed for delivery by truck, Product shall be deemed to have been purchased on the first day of the shipment period requested by Customer and accepted by Supplier and not on the shipment date on the xxxx of lading in those cases where the order placed by Customer is subject to a storage fee if Customer does not take possession of the Product prior to the expiration of the shipment period.
Calculation of Volume. The volume of Bulk Oil Cargo which is unloaded from or (in the case of Bulk Oil Cargo intended for a destination outside Canada) loaded onto Owner's ship shall, without regard to title, be measure in Tonnes at the shore side of the dock flange at the Non-Member Oil Handling Facility. For purposes of Section 3.1, the chargeable quantity of Bulk Oil Cargo in respect of which the Bulk Oil Cargo Fee is payable shall include both free water and water and sediment in suspension (S&W or BS&W).
Calculation of Volume. The volume of Bulk Oil which is unloaded or (in the case of Bulk Oil intended for a destination outside Canada) loaded at Operator’s designated oil handling facilities shall, without regard to title, be measured in Tonnes at the shore side of the dock flange at each facility.
Calculation of Volume. The calculation can be performed after the first prepayment record (‘zero vend’) is received by the new supplier for the newly switched customer. In the encrypted portion of this record there are three fields which will be used: ‘Time/Date’ is when the card was last inserted in the meter (DL) ‘Module Reading’ is the meter reading (in cubic metres) at this time (RL) ‘Volume Credit’ is the amount of gas (in cubic metres) which was on the meter at this time (VL) The reading is taken up to two days before or two days after the planned Switch Date (DS) giving a second reading (RA). The Actual Reading Date (DA) may be different from the Switch Date. The problem is to calculate the estimated remaining Volume Credit on the Switch Date (VS).
Calculation of Volume. The volume of Bulk Oil Cargo which is Handled shall for greater certainty mean: (a) the volume of Bulk Oil Cargo measured in tonnes at the shore side of the dock flange at the Non-Member Oil Handling Facility, without regard to title, unloaded from Owner’s ship to the Non-Member Oil Handling Facility; (b) the volume of Bulk Oil Cargo measured in tonnes at the shore side of the dock flange at the Non-Member Oil Handling Facility, without regard to title, loaded onto Owner’s ship from the Non-Member Oil Handling Facility if such volume is intended for movement to an international destination; (c) where Owner’s ship has been loaded outside Western Canada Marine Response’s GAR, the volume of Bulk Oil Cargo measured in tonnes at Owner’s ship flange, without regard to title, transferred within Western Canada Marine Response’s GAR from Owner’s ship to another ship for use as fuel by such other ship; and (d) the volume of Bulk Oil Cargo measured in tonnes at Owner’s ship flange, without regard to title, transferred within Western Canada Marine Response’s GAR onto Owner’s ship from another ship as cargo, provided that such volume is intended for movement to an international destination.

Related to Calculation of Volume

  • Calculation of Overtime If the overtime work has been carried out before as well as after the regular working hours during a certain day, the overtime periods shall be added together. Only full half hours are included in the calculation.

  • Calculation of Charges Contractor shall provide an invoice to the City on a monthly basis for goods delivered and/or Services completed in the immediate preceding month, unless a different schedule is set out in Appendix B, “Calculation of Charges.” Compensation shall be made for goods and/or Services identified in the invoice that the City, in his or her sole discretion, concludes has been satisfactorily performed. In no event shall the amount of this Agreement exceed [insert whole dollar amount in numbers and words -- no pennies and no “.00”]. The breakdown of charges associated with this Agreement appears in Appendix B, “Calculation of Charges.” A portion of payment may be withheld until conclusion of the Agreement if agreed to by both Parties as retainage, described in Appendix B. In no event shall City be liable for interest or late charges for any late payments. City will not honor minimum service order charges for any services covered by this Agreement.

  • Calculation of Time Period When calculating the period of time before which, within which or following which any act is to be done or step taken pursuant to this Agreement, the date that is the reference date in calculating such period shall be excluded. If the last day of such period is a non-Business Day, the period in question shall end on the next succeeding Business Day.

  • Determination of One-Month LIBOR Pursuant to the terms of the Global Agency Agreement, the Global Agent shall calculate the Class Coupons for the applicable Classes of Notes (including MAC Notes on which the Exchange Administrator has directed the Global Agent to make payments) for each Accrual Period (after the first Accrual Period) on the applicable LIBOR Adjustment Date. U.S. dollar deposits with a maturity of one month set by ICE Benchmark Administration Limited (“ICE”) as of 11:00 a.m. (London time) on the LIBOR Adjustment Date (the “ICE Method”). ICE’s Interest Settlement Rates are currently displayed on Bloomberg L.P.’s page “BBAM.” That page, or any other page that may replace page BBAM on that service or any other service that ICE nominates as the information vendor to display the ICE’s Interest Settlement Rates for deposits in U.S. dollars, is a “Designated Page.” ICE’s Interest Settlement Rates currently are rounded to five decimal places. If ICE’s Interest Settlement Rate does not appear on the Designated Page as of 11:00 a.m. (London time) on a LIBOR Adjustment Date, or if the Designated Page is not then available, One-Month LIBOR for that date will be the most recently published Interest Settlement Rate. If ICE no longer sets an Interest Settlement Rate, Xxxxxxx Mac will designate an alternative index that has performed, or that Xxxxxxx Mac (or its agent) expects to perform, in a manner substantially similar to ICE’s Interest Settlement Rate.

  • Calculation of Fees Ameriprise will have sole responsibility, and Ameriprise’s records will provide the sole basis, for calculating fees for which Ameriprise invoices under this Agreement. However, the Issuer Entities may provide records to assist Ameriprise in its calculations.

  • Calculation of Purchase Price The bank’s ownership interest in a security will be quantified one of two ways: (i) number of shares or other units, as applicable (in the case of equity securities) or (ii) par value or notational amount, as applicable (in the case of non-equity securities). As a result, the purchase price (except where determined pursuant to clause (ii) of the preceding paragraph) shall be calculated one of two ways, depending on whether or not the security is an equity security: (i) the purchase price for an equity security shall be calculated by multiplying the number of shares or other units by the applicable market price per unit; and (ii) the purchase price for a non-equity security shall be an amount equal to the applicable market price (expressed as a decimal), multiplied by the par value for such security (based on the payment factor most recently widely available). The purchase price also shall include accrued interest as calculated below (see Calculation of Accrued Interest), except to the extent the parties may otherwise expressly agree, pursuant to clause (ii) of the preceding paragraph. If the factor used to determine the par value of any security for purposes of calculating the purchase price, is not for the period in which the Bank Closing Date occurs, then the purchase price for that security shall be subject to adjustment post-closing based on a “cancel and correct” procedure. Under this procedure, after such current factor becomes publicly available, the Receiver will recalculate the purchase price utilizing the current factor and related interest rate, and will notify the Assuming Institution of any difference and of the applicable amount due from one party to the other. Such amount will then be paid as part of the settlement process pursuant to Article VIII.

  • Calculation of Amounts Binding Effect of Interpretations and Actions of Master Servicer...............................

  • CALCULATION OF NET ASSET VALUE U.S. Trust will calculate the Fund's daily net asset value and the daily per-share net asset value in accordance with the Fund's effective Registration Statement on Form N-2 (the "Registration Statement") under the Securities Act of 1933, as amended (the "Securities Act"), including its current prospectus. If so directed, U.S. Trust shall also calculate daily the net income of the Fund

  • Calculation of Adjustments All adjustments to the Settlement Rate shall be calculated to the nearest 1/10,000th of a share of Common Stock (or if there is not a nearest 1/10,000th of a share to the next lower 1/10,000th of a share). No adjustment in the Settlement Rate shall be required unless such adjustment would require an increase or decrease of at least one percent therein; provided, that any adjustments which by reason of this subparagraph are not required to be made shall be carried forward and taken into account in any subsequent adjustment. If an adjustment is made to the Settlement Rate pursuant to paragraph (1), (2), (3), (4), (5), (6), (7) or (10) of this Section 5.6(a), an adjustment shall also be made to the Applicable Market Value solely to determine which of clauses (i), (ii) or (iii) of the definition of Settlement Rate in Section 5.1(a) will apply on the Stock Purchase Date. Such adjustment shall be made by multiplying the Applicable Market Value by a fraction, the numerator of which shall be the Settlement Rate immediately after such adjustment pursuant to paragraph (1), (2), (3), (4), (5), (6), (7) or (10) of this Section 5.6(a) and the denominator of which shall be the Settlement Rate immediately before such adjustment; provided, that if such adjustment to the Settlement Rate is required to be made pursuant to the occurrence of any of the events contemplated by paragraph (1), (2), (3), (4), (5), (7) or (10) of this Section 5.6(a) during the period taken into consideration for determining the Applicable Market Value, appropriate and customary adjustments shall be made to the Settlement Rate.

  • Calculation of Time Periods Except as otherwise indicated, all periods of time referred to herein shall include all Saturdays, Sundays and holidays; provided, however, that if the date to perform the act or give any notice with respect to this Agreement shall fall on a day other than a Business Day, such act or notice may be timely performed or given if performed or given on the next succeeding Business Day.

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