Measuring Party definition

Measuring Party means Company's Transporter which shall be responsible for the measurement of Gas hereunder.
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Measuring Party means a mutually agreeable party who will measure the gas under an executed Customer Order. If no Measuring Party is designated, then the Transporter immediately downstream of the Receipt Point(s) or upstream of the Delivery Point(s) will be the Measuring Party.
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Measuring Party shall have the meaning given to such term in Clause 6.1.
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Examples of Measuring Party in a sentence

  • Any costs thereof billed by the Measuring Party shall be shared equally between the Parties.

  • Unless specified in a Customer Order to the contrary, the measurement of gas and testing of measurement facilities will be governed by the applicable measurement and testing provisions and procedures of the Measuring Party.

  • The parties agree to rely on correct information provided by the Measuring Party as to the quantity of gas measured at the Receipt and Delivery Point(s).

  • At appropriate intervals the Measuring Party shall measure Gas purchased and sold hereunder in accordance with the applicable tariff or, in respect of an Intrastate Transporter, the applicable transportation agreement.

  • If actual quantities are not available, quantities will be estimated by the Measuring Party.

  • Neal Devins, Measuring Party Polarization in Congress: Lessons from Congres- sional Participation as Amicus Curiae, 65 CASE W.

  • The Measured Quantity at each Point shall be confirmed by the Non-Measuring Party to the Measuring Party using the Measuring Party’s website or by e-mail or joint tickets duly signed by both the Parties on the Day after the Gas Day, on receipt of the aforesaid Measured Quantity by the Non-Measuring Party.

  • The Measured Quantity as communicated by the Measuring Party to the Non-Measuring Party shall be used for allocation of Gas at such Exit Point by the Transporter and the Downstream Pipeline Operator.

  • For avoidance of doubt, any data which is made available online by the Measuring Party (Transporter) at the Exit Point to the Downstream Pipeline Operator for the purpose of monitoring the flow of Gas and/or for other operational reasons shall not be used for allocation of Gas by the Downstream Pipeline Operator at such Exit Point.

  • In the event the Non-Measuring Party notifies the Measuring Party that it desires a special test of any Measurement Equipment that is on a more frequent basis than standard industry practice, the Parties shall co-operate to secure a prompt verification of the accuracy of such equipment.


More Definitions of Measuring Party

Measuring Party means the Party designated by the Parties to, at the Time of Receipt Inspection, take measure- ments and records for the Product(s) utilizing instruments (including but not limited to hydrometers, refractome- ters, or other tools or gauges) mutually agreed upon as accurate, as set forth below at Schedule 3.
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Related to Measuring Party

  • Measuring Period means the period of four consecutive fiscal quarters ended on the last day of the Fiscal Quarter most recently ended as to which operating statements with respect to a Real Property have been delivered to the Lenders.

  • Measuring Date means November 18, 2010.

  • Extreme performance coating means coatings designed for harsh exposure or extreme environmental conditions.

  • Vehicle measuring attitude means the position of the vehicle as defined by the co-ordinates of fiducial marks in the three-dimensional reference system.

  • measure means any measure by a Party, whether in the form of a law, regulation, rule, procedure, decision, administrative action or any other form;

  • Critical Component means, in respect of a weapons system referred to in the definition of Prohibited Defense Contract, a component used specifically in the production of the weapon system or plays a direct role in the lethality of the weapon system.

  • Basket Componenti means the respective share as specified in § 1 of the Product and Underlying Data.

  • KPI means a key performance indicator to which the Services are to be provided as set out in the Specification].

  • Equity Conditions Measuring Period means each day during the period beginning twenty (20) Trading Days prior to the applicable date of determination and ending on and including the applicable date of determination.

  • Adjusted Total turnover means the turnover in a State or a Union territory, as defined under sub-section (112) of section 2, excluding the value of exempt supplies other than zero-rated supplies, during the relevant period;

  • Performance Test means all operational checks and tests required to determine the performance parameters including inter-alia capacity, efficiency and operating characteristics of the Stores as specified in the Contract.

  • Performance Failure shall have the meaning as set forth in Section 2.03(b)(i)(1).

  • S&P CDO Monitor Test A test that will be satisfied on any date of determination (following receipt, at any time on or after the S&P CDO Monitor Election Date, by the Issuer and the Collateral Administrator of the Class Break-even Default Rates for each S&P CDO Monitor input file (in accordance with the definition of “Class Break-even Default Rate”)) if, after giving effect to a proposed sale or purchase of an additional Collateral Obligation, the Class Default Differential of the Highest Ranking Class of the Proposed Portfolio is positive. The S&P CDO Monitor Test will be considered to be improved if the Class Default Differential of the Proposed Portfolio that is not positive is greater than the corresponding Class Default Differential of the Current Portfolio.

  • Net metering period means the 12-month period following the date of final interconnection of the

  • Corrective Measure means a measure as defined in Article 3, point 16, of Regulation (EU) 2019/1020;

  • Development Milestone Event has the meaning set forth in Section 7.2.1.

  • Performance Tests means the tests to be conducted on the equipment at site for checking the performance parameters of the equipment as defined in Technical Specification.

  • Development Milestone is defined in Section 5.3.

  • Adjusted Gross Sales means for either party distributing and selling Product (in this Section the “Selling Party”):

  • Original component manufacturer means an organization that designs and/or engineers a part and is entitled to any intellectual property rights to that part.

  • Total resource cost test or "TRC test" means a standard that is met if, for an investment in energy efficiency or demand-response measures, the benefit-cost ratio is greater than one. The benefit-cost ratio is the ratio of the net present value of the total benefits of the program to the net present value of the total costs as calculated over the lifetime of the measures. A total resource cost test compares the sum of avoided electric utility costs, representing the benefits that accrue to the system and the participant in the delivery of those efficiency measures, as well as other quantifiable societal benefits, including avoided natural gas utility costs, to the sum of all incremental costs of end-use measures that are implemented due to the program (including both utility and participant contributions), plus costs to administer, deliver, and evaluate each demand-side program, to quantify the net savings obtained by substituting the demand-side program for supply resources. In calculating avoided costs of power and energy that an electric utility would otherwise have had to acquire, reasonable estimates shall be included of financial costs likely to be imposed by future regulations and legislation on emissions of greenhouse gases.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • Sound level meter means an instrument which includes a microphone, amplifier, RMS detector, integrator or time averager, output meter, and weighting networks used to measure sound pressure levels.

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Service Level Failure means a failure to perform the Software Support Services fully in compliance with the Support Service Level Requirements.

  • proof of B-BBEE status level of contributor means:B-BBEE Status level certificate issued by an authorized body or person;A sworn affidavit as prescribed by the B-BBEE Codes of Good Practice;Any other requirement prescribed in terms of the B-BBEE Act;