Into Tank definition

Into Tank means, in relation to a transfer, sale or purchase of the Goods whereby title to the Goods are delivered by transfer from one storage tank into another tank in the same storage facility, as may be provided for in the Contract.
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Into Tank means the delivery of Product by Seller to Buyer in bulk into the storage tank designated by Buyer. “In Situ” (Stock Transfer) shall mean the sale and purchase of Product in bulk as specified in the Special Provisions within the storage tank designated by Buyer and agreed to by Seller and without any obligation of physical delivery by Seller to Buyer.
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Into Tank means the delivery basis whereby Seller delivers the Crude Oil to the Buyer’s receiving storage tank and title passes to the Buyer in accordance with the Delivery Term.
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Examples of Into Tank in a sentence

  • For Into Tank deliveries, the quantity of Product delivered under this Agreement shall be determined by using proven meters at Buyer’s tank inlet manifold, if available; otherwise by manual measurement of Buyer’s tanks.

  • 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.

  • 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 this way contemporary physics has led many physicists (David Bohm [1980] 1981; Hans-Peter Dürr 2000, 2004; Hans-Jürgen Fischbeck 2005) to the view that ultimate reality is unknowable wholeness – the One - which David Bohm describes as “Flowing Movement” (Bohm [1980] 1981, 11) Out of the constantly changing flux certaintemporarily enduring and relatively independent aspects – the elements of our direct experience of the world – can be abstracted or “relevated” (Bohm [1980] 1981, 151).

  • In case of Into Tank and In Situ sales, all taxes and duties in respect of any stage prior to the Product passes the inlet flange of the Buyer’s receiving storage tank shall be for the Seller’s account.

  • 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 Into Tank

Into Tank means the delivery of crude oil by the Seller to the Buyer in bulk into the storage tank designated by the Buyer.
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Into Tank means delivery by Vessel or pipeline into the Authority’s storage tank.
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Into Tank and “Ex Tank” means, in relation to a transfer, sale or purchase of Oil whereby the Oil is delivered by transfer from one storage tank into another tank in the same storage facility, as provided for in the Specific Agreement;
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Related to Into Tank

  • oil tanker means a ship constructed or adapted primarily to carry oil in bulk in its cargo spaces and includes combination carriers and any “chemical tanker” as defined in Annex II of the present Convention when it is carrying a cargo or part cargo of oil in bulk.

  • Wildlife habitat means a surface water of the state used by plants and animals not considered as pathogens, vectors for pathogens or intermediate hosts for pathogens for humans or domesticated livestock and plants.

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

  • Water System means the plants, structures and other

  • Septic tank means a watertight, accessible, covered receptacle designed and constructed to receive sewage from a building sewer, settle solids from the liquid, digest organic matter, store digested solids through a period of retention, and allow the clarified liquids to discharge to other treatment units for final disposal.

  • public sewer or drain means a sewer or drain which belongs to a sewerage undertaker, the Environment Agency, an internal drainage board or a local authority; and

  • Aquifer means a geologic formation, group of formations, or part of a formation capable of yielding a significant amount of groundwater to wells or springs.

  • Installed Capacity or 'IC’ means the summation of the name plate capacities of all the units of the generating station or the capacity of the generating station (reckoned at the generator terminals), approved by the Commission from time to time;

  • Groundwater means all water, which is below the surface of the ground in the saturation zone and in direct contact with the ground or subsoil.