Measurement and Commingling Sample Clauses

The Measurement and Commingling clause defines how quantities of goods, typically fungible commodities like oil or gas, are measured and how they may be mixed with similar goods from other sources. In practice, this clause outlines the methods and standards for measurement, such as using calibrated meters or tanks, and sets rules for combining (commingling) products in shared storage or pipelines. Its core function is to ensure accurate accounting and fair allocation of commingled goods, preventing disputes over ownership and quantity when products from multiple parties are mixed together.
Measurement and Commingling