Common use of Measurement of Quantity Clause in Contracts

Measurement of Quantity. The volume will be calculated as Net Standard Volume (NSV) and it shall be construed as the total volume of all the petroleum liquids, excluding sediment and water (BSW) art a standard temperature of 60º F. The measurement can be made with static or dynamic measurement, applying the methods described in the MMH.

Measurement of Quantity. The volume will be calculated settled as Net Standard Volume (NSV) and it shall be construed as understood to be the total volume of all the petroleum liquids, excluding sediment and water (BSW) art at a standard temperature of sixty degrees Fahrenheit (60º F. F). The measurement metering can be made performed with dynamic or static or dynamic measurementmetering, applying using the methods described in the MMH.