Examples of Plant Inlet Volume in a sentence
In the event that any Gas is bypassed around the Plant without processing, all references to the Plant Inlet Volume for purpose of calculating theoretical MMBtu’s shall mean the volume of Committed Gas received and/or calculated at the Receipt Point(s) less the Field Fuel Gas and less any amounts of Gas that are bypassed.
The quantity of each Plant Product component allocable to Producer’s Processable Gas that was delivered to the Cryogenic Processing Facilities shall be determined by multiplying the theoretical gallons of that Plant Product component contained in the Plant Inlet Volume by the applicable Recovery Rate outlined in Section 2.5 for each component contained in Producer’s Processable Gas.
Processor may elect to bypass a portion of the Plant Inlet Volume; however, in such case the resulting combined Residue Gas Stream shall meet the specifications of the pipeline receiving the Residue Gas.
Processor shall purchase all Residue Gas included in the Plant Inlet Volume after subtracting the Plant Fuel Gas (calculated as a percentage of the entire Plant Inlet Volume) by paying to Supplier 95% of the proceeds received by Processor for such Gas as set forth in Section 7.2. For purpose of clarity it is understood that the entire Plant Fuel Gas amount including any amounts that might be attributable to the Liquid Hydrocarbons shall be deducted from just the Residue Gas.
Buyer will determine the quantity of each NGL component attributable to Seller’s gas by multiplying Seller’s Plant Inlet Volume in Mcf by the gallons of each component contained in the gas delivered by Seller at each Delivery Point by the fixed recovery percentage that Seller elects in accordance with Section 5.6(f) below.
If at any time or from time to time, Processor is unable to process or cause to be processed all or any part of the Plant Inlet Volume for any reason provided in Article X, Processor, upon notice to Supplier, may reduce the receipt of the Plant Inlet Volume or bypass such Plant Inlet Volume around the Plant and deliver it to the Delivery Point(s) without processing.
Supplier hereby expressly acknowledges that the Plant Inlet Volume will be commingled with other Gas delivered to Processor by third parties so that a commingled Residue Gas stream (the “Commingled Residue Gas”) will remain after the processing of the Plant Inlet Volume and third party Gas delivered for processing.
Processor shall determine the analysis of the Plant Inlet Volume by taking spot sample(s) at the Receipt Point(s) as frequently as deemed necessary, but not less frequently than once each three (3) months.
The Plant Inlet Volume during an Accounting Period shall be multiplied by the (GPM) of ethane, propane, butane, and natural gasoline contained therein (determined as provided in Paragraph II.A of this Exhibit A) to determine the total theoretical gallons of ethane, propane, butane, and natural gasoline, respectively, contained in such volumes.
The Plant Inlet Volume during an Accounting Period shall be multiplied by the Gross Heating Value of such Plant Inlet Volume, determined from the sampling and analysis as provided in Paragraph II.A of this Exhibit A to arrive at the total theoretical MMBtu’s contained in the Plant Inlet Volume.