Ex Tank definition

Ex Tank means the delivery of Product by Seller to Buyer in bulk from the storage tank designated by Seller.
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Ex Tank means the delivery of the Special Product by the Seller to the Buyer in bulk from the storage tank identified by the Seller in the relevant Sales Confirmation.
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Ex Tank means the delivery of crude oil by the Seller to the Buyer in bulk from the storage tank designated by the Seller.
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Examples of Ex Tank in a sentence

  • XIX.7 Where not used to identify the provisions applicable to each type of delivery (e.g. FOB, Ex Tank, etc.), the section headings are for convenience only and shall not be interpreted in any way to limit or change the subject matter of the Agreement.

  • In respect of deliveries Ex Tank, Into Tank or In situ, nominations shall, unless otherwise agreed between the parties, be made pursuant to the standard operating terms and procedures of the relevant storage company, in use at the time of delivery.

  • In case of Ex Tank sales, all taxes and duties in respect of any stage prior to the Product passes the outlet flange of the Seller’s storage tank from which the Product is being delivered shall be for the Seller’s account.

  • NOMINATION For Ex Tank, Into Tank or In Situ deliveries, nominations shall be made pursuant to the standard operating procedures of the relevant storage company in use at the time of delivery.For FIP deliveries (or deliveries FCA by pipeline) or Ex-Pipeline deliveries (or deliveries DAP by pipeline), nominations shall be made pursuant to the standard operating procedures of the relevant pipeline operating company in use at the time and point of delivery.

  • QUANTITY AND QUALITY DETERMINATION The quantity and quality of the Product delivered under the Agreement shall be determined for each lot in accordance with the standard practice in use at the relevant storage company (for deliveries Ex Tank, Into Tank or In Situ) or the relevant pipeline operating company (for FIP or Ex-Pipeline deliveries) at thetime and point of delivery, save if otherwise provided for specifically in the Specific Terms.

  • In the case of delivery Ex Tank, In Situ or Into Tank, the Seller or the Buyer (as applicable) shall make nominations in accordance with the standard operating procedures of the relevant storage company.

  • Such samples will be taken in accordance with the standard practice at the pipeline facility.If properly functioning automatic samplers are not available, quality will be determined as for Ex Tank and Into Tank, as set out in this table.

  • Unless otherwise expressly agreed in writing, this Part Four of these Cepsa Trading 2021 GT&C’s shall apply to all Ex Tank, Into Tank and In Situ Sales Contracts of Products to be performed, as sellers, either by CEPSA TRADING, S.A.U. and/or any of its Affiliates.


More Definitions of Ex Tank

Ex Tank means the delivery of the Product by Seller to Buyer in bulk from the storage tank designated by Seller by an appropriate transport, such as rail tank car. Ex-Tank and Incoterms shall be collectively referred as “Delivery Term.” For Ex-Tank deliveries, the risk of loss and title to the Products shall pass to Buyer as the Product passes the outlet flange of Seller’s storage tank from which the Product is being delivered. For other method of deliveries under the Incoterms, the risk of loss and title to the Products shall pass to Buyer where the risk of loss pass under the applicable Incoterms of each Order. Buyer hereby grants Seller a security interest in all Products purchased hereunder and the proceeds therefrom to secure Buyer’s payment obligations under the Contract. Xxxxx acknowledges that the security interest granted herein is a purchase money security interest under the law of the State of Texas or any other jurisdiction. At Seller’s option, Seller may file a financing statement for such security interest and Buyer shall execute any such statements or other documentation necessary to perfect Seller’s security interest in such Products.
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Related to Ex Tank

  • Storage tank means an aboveground storage tank or underground storage tank as defined by this Regulation.

  • Underground storage tank or “UST” means any one or combination of tanks (including underground pipes connected thereto) that is used to contain an accumulation of regulated substances, and the volume of which (including the volume of underground pipes connected thereto) is 10 percent or more beneath the surface of the ground. This term does not include any:

  • Septic tank means a water tight tank designed to receive sewage and to effect the adequate decomposition of organic matter in sewage by bacterial action;

  • Transportation Facilities means any physical facility that moves or assist in the movement of people or goods including facilities identified in OAR 660-012-0020 but excluding electricity, sewage, and water systems.

  • Transportation project or "project" means any or the

  • Tank means an enclosed space which is formed by the permanent structure of a ship and which is designed for the carriage of liquid in bulk.

  • Underground storage means storage of gas in a subsurface stratum or formation of the earth.

  • Gasoline tank truck means tank trucks or trailers equipped with a storage tank and used for the transport of gasoline from sources of supply to stationary storage tanks or to gasoline bulk facilities.

  • Wastewater treatment plant means a facility designed and constructed to receive, treat, or store waterborne or liquid wastes.