Measured Quantities definition

Measured Quantities in respect of a Day and a Point, shall be the quantity of Gas, in MMBTU, which is determined to have flowed through the Point during that Day in accordance with the provisions of this Agreement or the Operating Code.
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Measured Quantities. For each separate circuit measurements of Import Active Energy in kWh are required for Allocation purposes. Registers shall be provided in accordance with section 6.3.1 Meters and Telemeters.
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Measured Quantities means the product of the corrected heating value times the measured Mcf at 14.73 psia. The gross heating value is the number of BTU's produced by the complete combustion, at constant pressure, of the quantity of Gas which would occupy a volume of one (1) cubic foot at a temperature of sixty degrees Fahrenheit (60EF.), if saturated with water vapor and at a constant pressure of fourteen and seventy-three hundredths pounds per square inch absolute (14.73 psia) and under standard gravitational force (acceleration of 980.665 cm per second) with air of the same temperature and pressure as the Gas when the products of combustion are cooled to the initial temperature of the Gas and air and when the water formed by combustion is condensed to the liquid state.
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Examples of Measured Quantities in a sentence

  • As compensation in full to Contractor for the full and complete performance of the Work and all of Contractor’s other obligations under this Agreement with respect to the Work, Owner shall pay and Contractor shall accept the sum of (i) the product of the Fixed Unit Prices multiplied by the Measured Quantities for all Unit Price Work performed in accordance with this Agreement, plus (ii) the sum of the Lump Sum Amounts for all Lump Sum Work performed in accordance with this Agreement (the “Contract Price”).

  • Payment will be based on Measured Quantities that are approved by Owner.

  • The Parties agree to perform the Verification and any correction of the Measured Quantities according to the provisions set out in the Annex 2 (“Metering Operating Manual”).

  • Invoicing and Payment of Measured Quantities Invoicing and payment shall be based on Contract Quantities for the respective month.

  • SRG shall communicate to Plinovodi the repartition of the Measured Quantities between Forward Flow and Reverse Flow using the template contained in Annex 4 (“Repartition Forward/Reverse Flow”).


More Definitions of Measured Quantities

Measured Quantities if appropriate, means the deliveries and performances actually provided by the Contractor and examined and approved by the Engineer, which according to the Contract are not charged on a flat-rate basis, but on the basis of measurements and/or expenditure incurred.
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Measured Quantities means the product of the corrected heating value times the measured Mcf at
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Related to Measured Quantities

  • Metered Quantity means apparent power, reactive power, active power, with associated time tagging and any other quantity that may be measured by a Party’s Metering Equipment and that is reasonably required by either Party for Security reasons or revenue requirements.

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

  • Scheduled Quantity means the net quantity of Gas (being the difference between receipt and delivery nominations) agreed by MDL and the Welded Party to pass through (or, in the case of a Notional Welded Point, be deemed to have passed through) the relevant Welded Point for a Day.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.