Line Displacement Stock definition

Line Displacement Stock means Fuel used to displace or flush or move existing Fuel in a pipeline.
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Line Displacement Stock means, collectively for this purpose, Diesel Fuel No. 2 and/or Chevron Industrial Fuel Oil No. 6 Delivered to either (i) displace LSFO from BPTF piping, HECO’s Kahe Pipeline or HECO’s Waiau Pipeline during any shutdown of operations of such facilities for reasons including but not limited to emergency, inspection, repair, or maintenance; (ii) heat up BPTF piping, HECO’s Kahe Pipeline or HECO’s Waiau Pipeline subsequent to any shutdown; or (iii) be used as reasonably required for the use or operation of such facilities in order to facilitate the movement of LSFO into HECO’s tankage at BPTF, Kahe and Waiau.
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Line Displacement Stock means Fuel Delivered (i) to displace Fuel from BPTF piping to Hawaiian Electric’s Kahe or Waiau pipelines during any shutdown of operations of such facilities for reasons including but not limited to emergency, inspection, repair, or maintenance; (ii) to heat up BPTF piping, Hawaiian Electric’s Kahe or Waiau Pipelines subsequent to any shutdown; or (iii) to be used as reasonably required for the use or operation of such facilities in order to facilitate the movement of Fuel into Hawaiian Electric’s tankage at BPTF, Kahe and Waiau.
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Examples of Line Displacement Stock in a sentence

  • HECO’s minimum purchase obligation and Chevron’s maximum purchase obligation set forth in Article 3 shall be reduced by each physical barrel of Line Displacement Stock sold.

  • Samples of Line Displacement Stock shall be drawn by Chevron or, if mutually agreed, by or under the supervision of an Independent Inspector the cost of which shall be shared equally by Chevron and HECO.

  • Title and risk of loss of such LSFO, [ - - - ] and Line Displacement Stock shall pass to HECO where Refinery pipelines interconnect with HECO’s BPTF pipelines at the point where the pipelines intersect the boundary line between the Refinery property and HECO’s BPTF property.

  • When pipeline flushes are necessary and require manpower by Chevron, the supplier of the Line Displacement Stock will make a reasonable effort to coordinate with the Chevron Facility and perform the tank watch, tank gauging, and Product sampling.

  • Hodson (2001) reports that supportive co-worker relations are likely to be found in intense work settings such as customer service work.

  • Once a pipeline delivery begins, the Chevron Facility personnel shall continue to monitor the pipeline flow through completion of the delivery, including Line Displacement Stock flushes (as required).

  • Quantities of LSFO and Line Displacement Stock pumped, sold or Delivered by Chevron and purchased or received by HECO hereunder shall be calculated in accordance with the current measurement standards adopted by industry, ASTM, API and other recognized standard-setting bodies as are applicable in the opinion of the Independent Inspector and shall be expressed in G.S.V., U.S. barrels at 60 degrees Fahrenheit.

  • Title and risk of loss of such LSFO and Line Displacement Stock shall pass to HECO where Refinery pipelines interconnect with HECO’s BPTF pipelines at the point where the pipelines intersect the boundary line between the Refinery property and HECO’s BPTF property at either point A, depending on whether Chevron Delivers LSFO or Line Displacement Stock through the “Front Door Line” or “Back Door Line” as shown in Addendum No. 4.

  • Section 9.1 Invoices Invoices for the services performed pursuant to Articles 3, 4, 5, and 6 and for Line Displacement Stock sold will be prepared and dated following delivery and shall be rendered from time to time each calendar month.

  • Section 7.3 (“Measurement of Quantity”) is hereby amended by amending the first paragraph to read as follows: Quantities of LSFO and Line Displacement Stock shipped between the facilities by pipeline including quantities of same Delivered by Pipeline Delivery hereunder shall be determined at the time of the Pipeline Delivery by gauging Chevron’s tanks before and after pumping under the supervision of the Independent Inspector.


More Definitions of Line Displacement Stock

Line Displacement Stock. “ means, collectively for this purpose, Diesel Fuel No. 2, Chevron Industrial Fuel Oil No. 6 or Chevron Industrial Fuel Oil No. 5 Delivered to either (i) displace LSFO from BPTF piping, HECO’s Kahe Pipeline, Chevron’s Black Oil Pipeline or HECO’s Black Oil Pipeline during any shutdown of operations of such facilities for reasons including but not limited to emergency, inspection, repair, or maintenance; (ii) heat up BPTF piping, HECO’s Kahe Pipeline, Chevron’s Black Oil Pipeline or HECO’s Black Oil Pipeline subsequent to any shutdown; or (iii) be used as reasonably required for the use or operation of such facilities in order to facilitate the movement of LSFO into HECO’s tankage at BPTF, Kahe, Waiau and Iwilei.
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Line Displacement Stock means, collectively for this purpose, Chevron Diesel Fuel No. 2, Chevron Industrial Fuel Oil No. 6 or Chevron Industrial Fuel Oil No. 5 reasonably required for Chevron to complete the Deliveries of LSFO into HECO's tankage at Kahe, Waiau and Xxxxxx.
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Line Displacement Stock means any petroleum product needed by Chevron, for line displacement purposes, to facilitate the deliveries of LSFO to HECO'S power plants. 12 "LSFO" means Low Sulfur Fuel Oil meeting specifications per Addendum 2. (This includes both Chevron and third party LSFO purchased by HECO for use in its power plants at Waiau, Honolulu, and Kahe). 13 "LSFO Supply Contract" means that certain separate agreement between Chevron and HECO of even date herewith, known as the Low Sulfur Fuel Oil Supply Contract 14 "Maintenance Charge" means a monthly maintenance charge on each section of the pipeline used by HECO,as set forth in Section 3.3C. 15 "Major Maintenance Year" - a Year during which Chevron schedules to perform major repair work on the Pipelines or HECO's BPTF such as major pipeline replacement work and/or performs major testing work 16 "Marine Facilities" means Chevron's Barbers Point tanker mooring facilities and one of Chevron's submarine lines, as set forth in Section 4.1. 17 "Non-Adjusting Capital Charge" means a monthly capital charge for the Kahe, Waiau, and Iwilei components of Pipelines and the modifications thereof as set forth in Section 3.3.A 18 [---] means the [---] in addition to the following: a) [---] b) [---]
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Related to Line Displacement Stock

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  • Blendstock means and includes any petroleum product component of motor fuel, such as naphtha, reformate, or toluene; or any oxygenate that can be blended for use in a motor fuel.

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