Common use of Tank Gauge Tables of LNG Tankers Clause in Contracts

Tank Gauge Tables of LNG Tankers. a) Initial Calibration. Buyer shall arrange or cause to be arranged, for each tank of each LNG Tanker, a calibration of volume against tank level. Buyer shall provide Seller or its designee, or cause Seller or its designee to be provided, with a certified copy of tank gauge tables for each tank of each LNG Tanker verified by a competent impartial authority or authorities mutually agreed upon by the Parties. Such tables shall include correction tables for list, trim, tank contraction and any other items requiring such tables for accuracy of gauging. Tank gauge tables prepared pursuant to the above shall indicate volumes in cubic meters expressed to the nearest thousandth (1/1000), with LNG tank depths expressed in meters to the nearest hundredth (1/100).

Appears in 2 contracts

Samples: Equity Capital Contribution Agreement (Tellurian Inc. /De/), LNG Sale and Purchase Agreement (Tellurian Inc. /De/)

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Tank Gauge Tables of LNG Tankers. a) Initial Calibration. Buyer The Transporter shall arrange or cause caused to be arranged, for each tank of each LNG Tanker, a calibration of volume against tank level. Buyer The Transporter shall provide Seller Project Co or its designee, or cause Seller Project Co or its designee to be provided, with a certified copy of tank gauge tables for each tank of each LNG Tanker verified by a competent impartial authority or authorities mutually agreed upon by the Parties. Such tables shall include correction tables for list, trim, tank contraction and any other items requiring such tables for accuracy of gauging. Tank gauge tables prepared pursuant to the above shall indicate volumes in cubic meters expressed to the nearest thousandth (1/1000), with LNG tank depths expressed in meters to the nearest hundredth (1/100).

Appears in 2 contracts

Samples: Shipping Services Agreement (Cheniere Corpus Christi Holdings, LLC), Shipping Services Agreement (Cheniere Corpus Christi Holdings, LLC)

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