Other Barrels definition

Other Barrels has the meaning specified in Section 5.3(f).
Other Barrels means, with respect to any Delivery Month, any Crude Oil purchased by the Company or XXXX that is not being sold to Xxxx under a Procurement Contract, but is expected to be delivered and transferred to Xxxx at a Crude Intake Point during such Delivery Month.
Other Barrels. Refinery Procured Crude Barrels, other than Macquarie Procurement Barrels.

Examples of Other Barrels in a sentence

  • Upon Macquarie’s written request, Fuels or LW shall provide documentation evidencing all Other Barrels.

  • Provided that Fuels or LW provide Macquarie with the Projected Monthly Run Volume and the Shipment Notifications as required under Section 5.3(a), Macquarie and Fuels or LW shall consult regarding scheduling and other selections and nominations (collectively, “Contract Nominations”) to be made by Macquarie under then outstanding Macquarie Crude Procurement Contracts on or before any applicable Nomination Cutoff Dates taking into account the quantities of Other Barrels.

  • Upon Xxxxxxxxx’s written request, the Company shall provide documentation evidencing all Other Barrels.

  • In establishing a Target Month End Crude Volume, the Parties acknowledge that any increase in a Target Month End Crude Volume is constrained to the extent that (i) the Crude Oil available for delivery under the Macquarie Crude Procurement Contracts with Third Party Suppliers, plus (ii) Other Barrels available for delivery during such month are not intended to be greater than Fuels’ and LW’s Crude Oil requirements for the Refinery for the month related to such Target Month End Crude Volume.


More Definitions of Other Barrels

Other Barrels means Refinery Procured Permitted Feedstock Barrels, other than Macquarie Procurement Barrels. “Parent” means Montana Renewables Holdings LLC, a limited partnership organized under the laws of the State of Delaware. “Party” or “Parties” has the meaning specified in the preamble to this Agreement. “Patriot Act” means The USA Patriot Act. “Permitted Feedstock” means one or more renewable biomass feedstocks used for the production of Renewable Fuels, as set forth on Schedule P, as such schedule is amended and supplemented from time to time by mutual agreement of the Parties, but excluding for all purposes any and all industrial waste and any feedstocks that are non-merchantable, have no commercial value or do not otherwise meet either the Renewable Fuel Standard or the Low Carbon Fuel Standard, including as relates to and as applicable to the relevant Environmental Attribute. “Permitted Feedstock Delivery Point” means the outlet flange of the Included Permitted Feedstock Storage Tanks. “Permitted Feedstock Xxxxxx” has the meaning specified in Schedule C-1. “Permitted Feedstock Intake Point” means the inlet flange of the Included Permitted Feedstock Storage Tanks. “Permitted Feedstock or Renewable Product Differential” means any Differential applicable to a Current Month Pricing Benchmark as shall be set forth on Schedule B and as may be adjusted from time to time pursuant to Section 7.4. “Permitted Feedstock Sales Fee” means, for any month, the number of Barrels sold by Macquarie in connection with any Counterparty Permitted Feedstock Sale multiplied by the Permitted Feedstock Sales Fee Rate for such Counterparty Permitted Feedstock Sale. “Permitted Feedstock Sales Fee Rate” means, with respect to any Counterparty Permitted Feedstock Sale under which Macquarie is seller, the fee per Barrel agreed to by Macquarie and the Company in connection with such Counterparty Permitted Feedstock Sale that shall be due from the Company to Macquarie with respect to each Barrel sold thereunder. “Permitted Intermediated Feedstock Inventory Valuation Adjustment” has the meaning specified in the Fees and Adjustments Letter. “Permitted Purchaser” has the meaning specified in Section 33.1. “Permitted S&O Liens” means: (a) Xxxxx created in favor of Macquarie under the Lien Documents, (b) Liens for taxes, assessments, judgments, governmental charges or levies, or claims

Related to Other Barrels

  • Store means any retail store (which may include any real property, fixtures, equipment, inventory and other property related thereto) operated, or to be operated, by any Loan Party.

  • Stores means the goods specified in the Supply Order or schedule which the supplier / contractor has agreed to supply under contract.

  • POS means point of sale.

  • Containers means any ISO standard container(s) with a maximum height of 9’6” including any reefer and/or other special containers, provided they meet ISO standards.

  • Distillery means any establishment where spirituous liquors are manufactured.

  • passengers means the driver and up to the number of passengers allowed as shown in the Vehicle Registration Document travelling in the vehicle;

  • Terminals means the Terminals set forth on Schedule A attached hereto.

  • Ethanol means a high octane gasoline blend stock that is used to make various grades of gasoline.

  • Producers means the agents, general agents, sub-agents, brokers, wholesale brokers, independent contractors, consultants, affinity groups, insurance solicitors, producers or other Persons who sell the Insurance Contracts.

  • Kiosk means a department in a RIME Store.

  • Intensive Care Unit means an identified section, ward or wing of a hospital which is under the constant supervision of a dedicated medical practitioner(s), and which is specially equipped for the continuous monitoring and treatment of patients who are in a critical condition, or require life support facilities and where the level of care and supervision is considerably more sophisticated and intensive than in the ordinary and other wards.

  • washing means a process of separation by water using only size as a criterion;

  • Blendstock means and includes any petroleum product component of motor fuel, such as naphtha, reformate, or toluene; or any oxygenate that can be blended for use in a motor fuel.

  • Passenger means any person, except members of the crew, carried or to be carried in an aircraft with the consent of the carrier pursuant to a valid contract of carriage.

  • ore means any rock soil or alluvium bearing diamonds mined from mining leases granted pursuant to this Agreement;