Actual Barrels Gathered definition

Actual Barrels Gathered means Barrels of crude petroleum that are physically gathered from wellheads, fields, control tank batteries or related collection points in the Williston Basin/Bakken Shale area or other areas by mutual agreement and delivered to (i) any of the 13 proprietary truck unloading facilities of TLO set forth in Schedule I, (ii) other delivery points for movement into the High Plains System, or (iii) third party destinations.
Actual Barrels Gathered means Barrels of crude petroleum that are physically gathered from wellheads, fields, control tank batteries or related collection points in the Williston Basin/Xxxxxx Shale area or other areas by mutual agreement and delivered to (i) any of the 13 proprietary truck unloading facilities of TLO set forth in Schedule I, (ii) other delivery points for movement into the High Plains System, or (iii) third party destinations.

Examples of Actual Barrels Gathered in a sentence

  • The “Quarterly Volume Shortfall” for any Quarter shall mean the volume of Barrels by which (x) the product of (A) the Minimum Volume Commitment (B) multiplied by the number of days in any given Quarter (y) exceeds the Actual Barrels Gathered by TLO during such Month.

  • The “Monthly Volume Shortfall ” for any Month shall mean the volume of Barrels by which (x) the product of (A) the Minimum Volume Commitment (B) multiplied by the number of days in any given Month,(y) exceeds the Actual Barrels Gathered by TLO during such Month.

  • The group determines the lease term as the non-cancellable term of the lease, together with any periods covered by an option to extend the lease if it is reasonably certain to be exercised, or any periods covered by an option to terminatethe lease, if it is reasonably certain not to be exercised.

  • NAVStandalone (`)Consolidated (`)As on March 31, 201711.8715.83As on December 31, 2017*12.1015.66At the Floor Price12.1015.66At the Cap Price12.1015.66At the Offer Price[•][•]* Not annualisedNet asset value per Equity Share = Net worth, as restated at the end of the year / number of Equity Shares outstanding at the end of year.Net Worth = Equity share capital + Other equity (including Securities Premium and Surplus/ (Deficit)) + Non-controlling interest.

Related to Actual Barrels Gathered

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Actual consumption means the measured consumption by a customer of a municipal service;

  • Gross weight means the aggregate weight of a vehicle or combination of vehicles and the load

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Actual weight means the actual unladen weight of a vehicle or combination of

  • Basic gas supply service means gas supply service that is

  • Transport Gas means the gas purchased by a Customer from a supplier other than KUB that Customer has arranged to have Delivered to KUB for delivery to the Customer by KUB.

  • Actual service means the total straight-time pay hours accumulated in a title. The first 240 hours per year of authorized unpaid time off for non- disciplinary reasons shall not be deducted from actual service.

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • Gas supply service means the provision to customers of the

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Produced water means water recovered from an underground reservoir as a result of crude oil, condensate, or natural gas production and which may be recycled, disposed, or re-injected into an underground reservoir.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Actual miles means the actual distance a vehicle has traveled while in operation.

  • Gross laden weight means the actual weight of a vehicle or combination of

  • Actual Uptime means, of the Total Operation Hours, the aggregate number of hours in any month during which each equipment is actually available for use.

  • COGSA means the Carriage of Goods by Sea Act of the United States of America approved on 16th April 1936.

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any Floating Interest Period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • gross tonnage means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I to the International Convention on Tonnage Measurement of Ships, 1969 or any successor Convention.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per million.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • actual carrier means a person, other than the contracting carrier, who, by virtue of authority from the contracting carrier, performs the whole or part of the carriage contemplated in paragraph (b) but who is not with respect to such part a successive carrier within the meaning of the Warsaw Convention. Such authority is presumed in the absence of proof to the contrary.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"