Net Gallon definition

Net Gallon means the volumetric measurement, in U.S. gallons, of a Product actually loaded and measured at the point of shipment, adjusted to the number of U.S. gallons that would have been loaded at a temperature of sixty degrees Fahrenheit (60°F). The conversion ratio shall be from the current American Society for Testing and Materials (“ASTM”) IP Petroleum Measurement Tables.
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Net Gallon means each U.S. gross gallon of Ethanol (temperature corrected to 60° degrees F) Delivered under this Agreement.
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Net Gallon means the gross metered gallon with temperature correction in volume to 60 degrees Fahrenheit.
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Examples of Net Gallon in a sentence

  • Unless otherwise agreed in writing by the Parties or otherwise required by the state law where the Products are delivered, the standard unit of measurement of quantities of Products purchased and delivered shall be the Net Gallon.

  • For clarification purposes, COTA will tabulate the bids as follows: EXAMPLE ONLY: OPIS RACK AVERAGE$1.2014DIFFERENTIAL (+/-)- .0225TABULATED BID PRICE$1.1789 Bids shall be evaluated on the total number of gallons of diesel fuel and multiplied by the Bid Price per Net Gallon.

  • Unless otherwise agreed in writing or otherwise required by the state law where the Products are delivered, the standard unit of measurement of quantities of Products purchased and delivered shall be the Net Gallon.

  • Unless otherwise agreed in writing or otherwise required by the state law where the Product is delivered, the standard unit of measurement of quantities of Products purchased and delivered shall be the Net Gallon.

Related to Net Gallon

  • MMBtu means one million British thermal units, which is equivalent to one dekatherm.

  • Cubic foot of gas means the amount of gas required to fill a cubic foot of space when the gas is at an absolute pressure of fourteen and seventy-three hundredths (14.73) pounds per square inch at a temperature of sixty (60) degrees Fahrenheit.

  • Barrel means forty-two (42) United States gallons of 231 cubic inches of sixty degrees Fahrenheit (60ºF) and equilibrium vapor pressure.

  • Btu means British thermal unit.

  • Ton means a ton of two thousand two hundred and forty (2,240) lbs. net dry weight;

  • Blended fuel means a mixture composed of gasoline or diesel fuel and another liquid, other than a