Equivalent Volume definition

Equivalent Volume means a volume of Shipper’s Oil equal to (x) the volume of Shipper’s Oil received by Gatherer at the Receipt Points, minus (y) Shipper’s proportionate share of Lost Oil.
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Equivalent Volume means, each Day, a volume of Crude Oil that is equivalent to the volume of Crude Oil delivered by Producer at the Receipt Point(s) on such Day, less a volume of Crude Oil equal to Producer’s Pipeline Loss Allowance.
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Equivalent Volume means a volume of Shipper's Oil equal to (x) the volume of Shipper's Oil received by Gatherer at the Receipt Points, minus (y) Shipper's proportionate share of Lost Oil.
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Examples of Equivalent Volume in a sentence

  • Shipper may tender Gas to HIOS at the Points of Receipt specified in said Agreement, and HIOS shall receive such Gas at said Points of Receipt and redeliver an Equivalent Volume for the account of Shipper at the Points of Delivery in said Agreement.

  • Shipper may tender gas to HIOS at the Points of Receipt specified in the Agreement, and HIOS shall receive such gas at said Points of Receipt and redeliver an Equivalent Volume for the account of Shipper at the Points of Delivery specified in said agreement.

  • Producer will make all necessary arrangements with pipelines or other third parties downstream of the applicable Delivery Points as necessary to accept Gatherer’s delivery of an Equivalent Volume of Producer’s Crude Oil.

  • When assigning the custom presen- tation number, the customer must agree in the Portal that they have the rights and permission to present the number and are following all of their National/State laws and regulations.

  • While Eshelby-Kro¨ner model can handle a single grain-morphology, shared by every inclusion constituting the Representative Equivalent Volume (REV) of the material, this theoretical approach fails to represent a morphologic texture featuring various grain shapes and/or a relative disorientation of the morphologies coexisting among the same REV.

  • Stochastic approaches to microstructural representation such as Ghosh’s Statistically Equivalent Volume Elements [36] or Kalidindi’s n-point spatial correlations [38] have only recently emerged as reduced-order representations for stochastic microstructural configurations and their adoption is not yet widespread.

  • The Chairman shall be entitled to appoint two additional members of the Case Panel in exceptional circumstances having regard to any representations made by the parties as to the constitution of the Case Panel.4.3 In the case of appeals against other Appealable Decisions, the Chairman of the Appeal Board will select one adjudicator from the Appeal Board Members or will appoint him/herself to hear an appeal alone.

  • In the event that Gatherer is unable to re-deliver any such Equivalent Volume to the applicable US-DOCS\70393108.5 Delivery Point in the manner specified above, Gatherer shall credit or compensate Shipper, or cause Shipper to be credited or compensated, as applicable, for any difference in sales price proceeds received by Shipper as a result of any such change in API Gravity or degree of conformance with the Specifications.

  • Equivalent Volume Using Average Diameters and Stem Spacing 41 Table 17.

  • Gather has no obligation to accept for the account of the Shipper on any Day a greater quantity of Gas than the quantity which corresponds to the Equivalent Volume being taken at the Delivery Point for the account of the Shipper on such Day.


More Definitions of Equivalent Volume

Equivalent Volume means the total amount of heads, blocks, and other aluminum component tons divided by the equivalence factor of 30 pounds;
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Equivalent Volume means the method used to calculate the area within a basement that counts towards GEFA. This methodology assists in the conversion of volume to area in order to produce the square metre equivalent for the purpose of calculating GEFA;
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Equivalent Volume. (Veq) means the actual storage volume of a hot water storage tank, in litres, with the same V40 as any storage facility capable of delivering heated drinking or sanitary water of at least 65°C after being appropriately charged, as set out in Annex III, 4, sub (e);
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Related to Equivalent Volume

  • Equivalent Load means the sum of a Market Participant’s net system requirements to serve its customer load in the PJM Region, if any, plus its net bilateral transactions.

  • Equivalent method means any method of sampling and analyzing for an air pollutant that has been demonstrated to the satisfaction of the commissioner and the U.S. EPA to have a consistent and quantitatively known relationship to the reference method under specific conditions.

  • Equivalent Amount of any currency with respect to any amount of Dollars at any date shall mean the equivalent in such currency of such amount of Dollars, calculated on the basis of the Exchange Rate for such other currency at 11:00 a.m., London time, on the date on or as of which such amount is to be determined.

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.

  • DBRS Equivalent Rating means, with respect to any date and any Person with respect to whom DBRS does not maintain a public Relevant DBRS Rating as of such date,

  • Aluminum equivalent means the thickness of type 1100 aluminum alloy affording the same attenuation, under specified conditions, as the material in question.

  • Dose equivalent (HT means the product of the absorbed dose in tissue, quality factor, and all other necessary modifying factors at the location of interest. The units of dose equivalent are the sievert (Sv) and rem.

  • Equivalent position means an employment position that:

  • Daily Compounded XXXXX means, for any day, XXXXX with interest accruing on a compounded daily basis, with the methodology and conventions for this rate (which will include compounding in arrears with a lookback) being established by the Administrative Agent in accordance with the methodology and conventions for this rate selected or recommended by the Relevant Governmental Body for determining compounded XXXXX for business loans; provided that if the Administrative Agent decides that any such convention is not administratively feasible for the Administrative Agent, then the Administrative Agent may (in consultation with the Borrower) establish another convention in its reasonable discretion; and provided that if the administrator has not provided or published XXXXX and a Benchmark Replacement Date with respect to XXXXX has not occurred, then, in respect of any day for which XXXXX is required, references to XXXXX will be deemed to be references to the last provided or published XXXXX. Any change in Daily Compounded SOFR due to a change in XXXXX shall be effective from and including the effective date of such change in XXXXX without notice to the Borrower.

  • Call Equivalent Position shall have the meaning set forth in Rule 16a-1(b) under the Exchange Act.

  • Carbon dioxide equivalent or “CO2 equivalent” or “CO2e” means the number of metric tons of CO2 emissions with the same global warming potential as one metric ton of another greenhouse gas. Global warming potential values shall be determined consistent with the definition of Carbon Dioxide Equivalent in MRR section 95102(a).

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • Compounded Daily XXXXX means the rate of return of a daily compound interest investment (with the daily Sterling overnight reference rate as reference rate for the calculation of interest) and will be calculated by the Interest Determination Agent as at the Interest Determination Date, as follows, and the resulting percentage will be rounded if necessary to the fourth decimal place, with 0.00005 being rounded upwards: where:

  • Strip Price means, at any time, (a) for the remainder of the then-current calendar year, the average NYMEX Pricing for the remaining months in such calendar year, (b) for each of the succeeding three complete calendar years, the average NYMEX Pricing for the twelve months in each such calendar year, and (c) for the succeeding fourth complete calendar year and each calendar year thereafter, the average NYMEX pricing for the twelve months in such fourth calendar year.

  • Average Daily Trading Volume means the average trading volume of the Company’s Common Stock in the ten (10) Trading Days immediately preceding the respective Put Date.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Equivalent Shares means Preferred Shares and any other class or series of capital stock of the Company which is entitled to the same rights, privileges and preferences as the Preferred Shares.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Compounded Daily SOFR means, in relation to a Floating Rate Interest Period, the rate of return of a daily compound interest investment (with SOFR as reference rate for the calculation of interest) during the related Observation Period and will be calculated by the Calculation Agent on the related Interest Determination Date as follows: Where:

  • Compounded Daily SONIA means, with respect to an Interest Accrual Period, the rate of return of a daily compound interest investment (with the daily SONIA reference rate as reference rate for the calculation of interest) and will be calculated by the Calculation Agent (or such other party responsible for the calculation of the interest rate, as specified in the applicable Pricing Supplement) on the relevant Interest Determination Date, as follows, and the resulting percentage will be rounded if necessary to the fourth decimal place, with 0.00005 per cent being rounded upwards:

  • S&P Volatility Factor means 277% or such other potential dividend rate increase factor as S&P advises the Corporation in writing is applicable.

  • Aggregate Industry Equivalent Unit Score is then calculated for each S&P Industry Classification, shown on Schedule 2, and is equal to the sum of the Equivalent Unit Scores for each issuer in such industry classification group.

  • Average VWAP means the average of the VWAP for each Trading Day in the relevant period.

  • Formula Price means the highest of: (a) the highest composite daily closing price of the Stock during the period beginning on the 60th calendar day prior to the Change of Control and ending on the date of such Change of Control, (b) the highest gross price paid for the Stock during the same period of time, as reported in a report on Schedule 13D filed with the Securities and Exchange Commission, or (c) the highest gross price paid or to be paid for a share of Stock (whether by way of exchange, conversion, distribution upon merger, liquidation or otherwise) in any of the transactions set forth in Section 9 of the Plan as constituting a Change of Control; provided that in the case of the exercise of any such Right related to an Incentive Stock Option, “Formula Price” shall mean the Fair Market Value of the Stock at the time of such exercise.

  • USD Equivalent means (i) in respect of each FX Offsetting Transaction, each FX Direct Transaction and each Reverse Dealer Transaction that is a FX Transaction or Currency Option Transaction (assuming (1) the exercise of any Currency Option Transaction and (2) in respect of any Non-Deliverable FX Transaction, the actual exchange of the amounts of the relevant currencies), (y) if there is a USD amount payable either to or by JPMC under such FX Offsetting Transaction, FX Direct Transaction, or Reverse Dealer Transaction, as the case may be, such USD amount or (z) if there is no USD amount payable either to or by JPMC under such FX Offsetting Transaction, FX Direct Transaction, or Reverse Dealer Transaction, as the case may be, then the Dollar Value, determined by JPMC, of the amount of currency payable to JPMC under such FX Offsetting Transaction or Reverse Dealer Transaction, as the case may be, and (ii) in respect of each Bullion Offsetting Transaction, each Bullion Direct Transaction, or Reverse Dealer Transaction that is a Bullion Trade or Bullion Option, as the case may be, (assuming the exercise of any Bullion Option), the Dollar Value, determined by JPMC, of the relevant quantity of Bullion payable to JPMC under such Bullion Offsetting Transaction, Bullion Direct Transaction, or Reverse Dealer Transaction, as the case may be,.