Fungible Batch means a batch of petroleum product meeting Carrier's specifications as set forth in the Shippers Manual, which may be commingled with other batches of petroleum product meeting the same specifications.
Fungible Batch means a batch of petroleum product meeting Carrier's specifications, which may be commingled with other batches of petroleum product meeting the same specifications.
Fungible Batch means a Batch of Product meeting the applicable Quality Specifications that Carrier may commingle with other Batches of Product of the same grade and that meet the Quality Specifications set forth herein for such grade of Product.
Examples of Fungible Batch in a sentence
At the end of each month, the weighted average gravity value of the gravity bank will be determined for all Crude Petroleum being received (Receipt Bank) into the Fungible Batch commingled common stream system and similarly for the Crude Petroleum being delivered (Delivery Bank) out of the system.
Available SpaceSpace that becomes available during the nomination or scheduling period is called Available Space.Fungible BatchA batch defined as a petroleum product meeting Carriers’ specifications which may be commingled with other petroleum products meeting the same specifications.Fungible ProductA product defined as a product that is allowed to be contained within a Fungible Batch.
More Definitions of Fungible Batch
Fungible Batch means a Batch of Product meeting Carrier’s Quality Specifications, which Carrier may commingle with other Batches of Product meeting the same Quality Specifications.
Fungible Batch means a Batch of Crude Petroleum meeting Carrier’s quality specifications set forth in Item 15, which Carrier may commingle with other Batches of Crude Petroleum meeting the same specifications pursuant to Paragraph B(i) of Item 30.
Fungible Batch means a Batch of Crude Petroleum meeting Carrier’s quality specifications set forth in Item 20, that Carrier may commingle with other Batches of Crude Petroleum meeting the same specifications pursuant to Item 20.
Fungible Batch means a Batch of Crude Petroleum meeting Pipeline Operator’s quality specifications set forth in Rule 26, that Pipeline Operator may commingle with other Batches of Crude Petroleum meeting the same specifications pursuant to Rule 42.
Fungible Batch means a Batch of Crude Petroleum meeting Carrier’s quality specifications set forth in Rule 23, that Carrier may commingle with other Batches of Crude Petroleum meeting the same specifications pursuant to Rule 23.
Fungible Batch means a batch of petroleum product meeting Carrier's specifications, w hich may be commingled w ith other batches of petroleum product meeting the same specifications.
Fungible Batch means a batch of petroleum product meeting a carrier’s established specifications, which may be commingled with other quantities of petroleum product meeting the same specification.