Natural Gas Inventory definition

Natural Gas Inventory means the physical inventory of fungible, marketable natural gas that is usable and salable in the Ordinary Course of Business and included as part of the Purchased Assets, which physical inventory shall be determined in the manner specified on Schedule I attached hereto.
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Natural Gas Inventory. “ means working natural gas reduced by the volume in MMBtu of any exchange balances and increased or reduced by any pipeline imbalances.
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Natural Gas Inventory means the physical inventory of fungible, marketable natural gas that is usable and salable in the OrdinaryCourse of Business and included as part of the Purchased Assets, which physical inventory shall be determined in the manner specified on Schedule III attached hereto.
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Examples of Natural Gas Inventory in a sentence

  • The aggregate purchase price for the Purchased Assets shall be (i) Twenty Two Million Dollars ($22,000,000), plus (ii) the Natural Gas Inventory Amount, plus (iii) the Security Deposit Amount, plus (iv) the assumption of the Assumed Liabilities.

  • These Rules shall apply to the Class of Contracts referred to as the Natural Gas Inventory Hedgelet Contracts issued by HedgeStreet.

  • All Natural Gas Inventory is owned by Sellers free and clear of all Encumbrances, and no Natural Gas Inventory is held on a consignment basis.

  • The quantity of Natural Gas Inventory is not excessive, but is reasonable in the present circumstances of Sellers and the conduct of the Business in the Ordinary Course of Business.

  • By: _________________________________________ Name: ______________________________________ Title: MAHONIA NATURAL GAS LIMITED By: _________________________________________ Name: ______________________________________ Title: _______________________________________ [Signature Page - Natural Gas Inventory Forward Sale Contract between Enron North America Corp.

  • Stigma is essentially a characteristic of a person that, based on either societal categorization or personal judgment, can be viewed as being discrediting.

  • The Underlying for this Class of Contracts is the Natural Gas InventoryU.S. Natural Gas Inventory level (in billions of cubic feet (bcf)) for the lower 48 states – hereafter referred to as “Natural Gas Inventory” last reported by the Source Agency.

  • The Underlying for this Class of Contracts is the Natural Gas Inventory U.S. Natural Gas Inventory level (in billions of cubic feet (bcf)) for the lower 48 states – hereafter referred to as “Natural Gas Inventory” last reported by the Source Agency.

  • The Expiration Date of the Contract will be the date on which the Natural Gas Inventory number is scheduled to be released.

  • An amount equal to the Market Value of the Natural Gas Inventory owned by Sellers as of the Estimate Date.


More Definitions of Natural Gas Inventory

Natural Gas Inventory means at the time in question, the Company's and its Subsidiaries' inventory of natural gas in storage.
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Related to Natural Gas Inventory

  • Eligible Finished Goods Inventory means all Finished Goods Inventory that is Eligible Inventory.

  • Product Inventory means all inventory of the Product owned by Seller or its Affiliates as of the Closing, including raw materials, work-in-process, bulk form drug and finished Product.

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • Excess Inventory means all Inventory and Special Inventory possessed or owned by Flextronics that is not required for consumption to satisfy the next [***] of demand for Products under the then-current purchase order(s) and forecast.

  • Excluded Inventory means any of the following inventory of goods, merchandise, or other inventory of Seller located at the Leased Premises: (a) all items in the Fresh Departments;

  • Field emission equipment means equipment which uses an x-ray tube in which electron emission from the cathode is due solely to the action of an electric field.

  • Obsolete Inventory means items that have expired, are redundant or

  • Refined Products means gasoline, diesel fuel, jet fuel, asphalt and asphalt products, and other refined products of crude oil.

  • Finished Goods means units of a manufactured product awaiting sale.

  • Transferred Inventory has the meaning set forth in Section 2.2(a)(iii).

  • In-Transit Inventory means Inventory of a Borrower which is in the possession of a common carrier and is in transit from a Foreign Vendor of a Borrower from a location outside of the continental United States to a location of a Borrower that is within the continental United States.

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per million.

  • Refinery means a facility used to produce motor fuel from crude oil, unfinished oils, natural gas liquids, or other hydrocarbons and from which motor fuel may be removed by pipeline, by marine vessel, or at a rack.

  • Transportation project or "project" means any or the

  • Raw Materials means all raw materials, supplies, components and packaging necessary to manufacture and ship the Product in accordance with the Specifications, as provided in Exhibit A, but not including the API.

  • Fuel burning equipment means any furnace, boiler, apparatus, stack and all associated equipment, used in the process of burning fuel.

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • Petroleum Products means gasolines and petroleum oil distillates or blend stocks as further described in Item 10.

  • Eligible production company means that term as defined under section 455 of the Michigan business tax act, 2007 PA 36, MCL 208.1455.

  • Bulk gasoline plant means a gasoline storage and distribution facility with an average daily throughput of 20,000 gallons (76,000 liters) of gasoline or less on a 30-day rolling average.

  • Transportation equipment means any of the following:

  • Finished water means the water that is introduced into the distribution system of a public water system and is intended for distribution and consumption without further treatment, except as treatment necessary to maintain water quality in the distribution system (e.g., booster disinfection, addition of corrosion control chemicals).

  • Fixed Asset Supplies means items included within “Property and Equipment” under the Uniform System of Accounts including, but not limited to, linen, china, glassware, tableware, uniforms, and similar items, whether used in connection with public space or Guest Rooms.

  • Inventories means “Inventories” as defined in the Uniform System of Accounts, such as, but not limited to, provisions in storerooms, refrigerators, pantries and kitchens; beverages in wine cellars and bars; other merchandise intended for sale; fuel; mechanical supplies; stationery; and other expensed supplies and similar items.

  • Raw Material means any unprocessed material in its raw or natural state that is intended to become part of the components of a cannabis product.

  • Baseline concentration means that ambient concentration level that exists in the baseline area at the time of the applicable minor source baseline date. A baseline concentration is deter- mined for each pollutant for which a minor source baseline date is estab- lished and shall include: