Common use of Determination of Volume of LNG Unloaded Clause in Contracts

Determination of Volume of LNG Unloaded. (i) The LNG volume in the tanks of the LNG Vessel before and after unloading (valves have to be closed) shall be determined by gauging on the basis of the tank gauge tables provided for in Paragraph 6. The volume of LNG remaining in the tanks after unloading of the LNG Vessel shall be subtracted from the volume before unloading and the resulting volume shall be taken as the volume of the LNG delivered from the LNG Vessel. The volume of LNG stated in cubic meters to the nearest zero point zero zero one (0.001) cubic meter, shall be determined by using the tank gauge tables and by applying the volume corrections set forth therein.

Appears in 3 contracts

Samples: LNG Terminal Use Agreement (Sabine Pass LNG, L.P.), Shareholders Agreement (Cheniere Energy Inc), LNG Terminal Use Agreement (Cheniere Energy Inc)

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Determination of Volume of LNG Unloaded. (i) i The LNG volume in the tanks of the LNG Vessel before and after unloading (valves have to be closed) shall be determined by gauging on the basis of the tank gauge tables provided for in Paragraph 6. The volume of LNG remaining in the tanks after unloading of the LNG Vessel shall be subtracted from the volume before unloading and the resulting volume shall be taken as the volume of the LNG delivered from the LNG Vessel. The volume of LNG stated in cubic meters to the nearest zero point zero zero one (0.001) cubic meter, shall be determined by using the tank gauge tables and by applying the volume corrections set forth therein.

Appears in 1 contract

Samples: LNG Terminal Use Agreement (Cheniere Energy Inc)

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Determination of Volume of LNG Unloaded. (i) The LNG volume in the tanks of the LNG Vessel before and after unloading (valves have to be closed) shall be determined by gauging on the basis of the tank gauge tables provided for in Paragraph 6. The volume of LNG remaining in the tanks after unloading of the LNG Vessel shall be subtracted from the volume before unloading and the resulting volume shall be taken as the volume of the LNG delivered from the LNG Vessel. The volume of LNG stated in cubic meters metres to the nearest zero point zero zero one (0.001) cubic metermetre, shall be determined by using the tank gauge tables and by applying the volume corrections set forth therein.

Appears in 1 contract

Samples: LNG Terminal Use Agreement (Cheniere Energy Inc)

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