Common use of Service Factor Clause in Contracts

Service Factor. It means the percentage effectively utilizable of the Nominal Capacity, due to the Pipeline’s temporary operational and maintenance restrictions, as well as those of its connected and ancillary installations, calculated for a determined period, in which the effects of the non – availability of the mechanical equipment, the line maintenance programs and the number of days of the period considered must be taken into account.

Appears in 3 contracts

Samples: Transportation Agreement (Gran Tierra Energy Inc.), Transportation Agreement (Gran Tierra Energy Inc.), Transportation Agreement (Gran Tierra Energy Inc.)

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Service Factor. It means the percentage effectively utilizable of the Nominal Capacity, due to the Pipeline’s temporary operational and maintenance restrictions, as well as those of its connected and ancillary installations, calculated for a determined period, in which the DC – Contrato de Transporte de Crude Oil – 008 – 2013 40 effects of the non – availability of the mechanical equipment, the line maintenance programs and the number of days of the period considered must be taken into account.

Appears in 1 contract

Samples: Offloading Agreement (Gran Tierra Energy Inc.)

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