Liquid trap means sumps, well cellars, and other traps used in association with oil and gas production, gathering, and extraction operations (including gas production plants), for the purpose of collecting oil, water, and other liquids. These liquid traps may temporarily collect liquids for subsequent disposition or reinjection into a production or pipeline stream, or may collect and separate liquids from a gas stream.
Residual disinfectant concentration (“C” in CT cal- culations) means the concentration of disinfectant measured in mg/l in a representative sample of water.
Total hydrocarbons (THC) means the sum of all volatile compounds measurable by a flame ionization detector (FID).
Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.
Total tetrahydrocannabinol means the same as that term is defined in § 3.2-4112.