Refinery Turnaround definition

Refinery Turnaround means a period not to exceed three months when Buyer, by notice to the State, may reduce the quantity of Sale Oil it nominates and purchases from the State to less than 18,800 barrels per Day because the Valdez, Alaska refinery or North Pole, Alaska refinery reduce the processing of Sale Oil for the purpose of performing planned or unplanned maintenance, repairs or capital improvements to the refinery.
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Refinery Turnaround means a period not to exceed three months when Buyer, by notice to the State, may reduce the quantity of Sale Oil it nominates and purchases from the State to less than the minimum number of barrels per Day as designated for each Period in clause 2.1.1. because the Xxxxxx, Alaska refinery or North Pole, Alaska refinery reduce the processing of Sale Oil for the purpose of performing planned or unplanned maintenance, repairs or capital improvements to the refinery.
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Examples of Refinery Turnaround in a sentence

  • If a Lessee invokes the Force Majeure terms of its Royalty Settlement Agreement as a result of a reduction in Buyer's nomination in the event of Buyer’s Force Majeure, Refinery Turnaround, or for any other reason, Buyer’s reduced nomination shall not become effective until the end of the additional 90 Day notice period.

  • Seller will be an independent contractor with respect to all Refinery Turnaround and Startup Activities performed pursuant to this Section.

  • The provisions of this Section 6.1(h) shall survive the termination or completion of the Refinery Turnaround and Startup Activities and the Closing.

  • Notwithstanding the preceding sentences to the contrary, in the event this Agreement is terminated pursuant to Section 10.1(e) then the amount of the Deposit that is to be refunded to Buyer shall be reduced, but not below zero, by the amount of Losses incurred by Seller and its Affiliates related to or arising from the Refinery Turnaround and Startup Activities including Losses related to the disposition of Feedstock Inventory, Undelivered Refinery Inventory and Committed Refinery Inventory.

  • One other company showed interest in submitting a quote, however indicated that they would be unable to provide the services for the budgeted amount.

  • In the event Buyer and Seller are unable to resolve the Refinery Startup Dispute in accordance with the foregoing provisions, Seller may, in Seller's discretion, cease further Refinery Turnaround and Startup Activities.

  • Seller shall permit a Diligence Representative of Buyer to have reasonable access to the Refinery, subject to Section 6.6, to review such reports and monitor the Refinery Turnaround and Startup Activities.

  • Average capacity utilisation during the year was 71%, which was 97% of the MoU target.The first major Planned Refinery Turn-around was successfully completed during April-May, 2005 as per schedule.

  • Excluding the impact of acquisition, integration and other costs and the maintenance capital expenditures related to the Burnaby Refinery Turnaround, adjusted distributable cash flow increased $100 million compared to the second quarter of 2017 and$164 million compared to the six months ended June 30, 2017.

  • From and after the date the Refinery Turnaround and Startup Activities commence, Seller shall provide, as requested by Buyer, reasonably appropriate records indicating the Refinery Startup Expenses incurred to date with a reasonable level of detail sufficient to allow Buyer to evaluate Seller's draws on the Refinery Startup Deposit.

Related to Refinery Turnaround

  • Turnaround means the procedure of shutting a refinery unit down after a run to do necessary maintenance and repair work and putting the unit back on stream.

  • 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.

  • Gathering System means that portion of Gatherer’s pipeline system, including all appurtenances thereto, related to the provision of gathering and transportation services provided by Gatherer pursuant to this tariff.

  • generating plant means the generating facility described in Schedule 1 as amended from time to time;

  • Terminal means the EMV-enabled machine, terminal or other hardware device you obtain from NCR Voyix as an item of Hardware to use in connection with the Service to make the Offering to the Service User and to access the EMV PSP Service.

  • 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).

  • Production Area means that part of the animal feeding operation that includes the animal confinement area, the manure storage area, the raw materials storage area, and the waste containment areas. The animal confinement area includes, but is not limited to, open lots, housed lots, feedlots, confinement houses, stall barns, free stall barns, milkrooms, milking centers, egg washing or egg processing areas, areas used for the storage and disposal/treatment of mortalities, cowyards, barnyards, medication pens, walkers, animal walkways, and stables. The manure storage area includes, but is not limited to, lagoons, runoff ponds, storage sheds, stockpiles, under-house or pit storages, liquid impoundments, static piles, and composting piles. The raw materials storage area includes, but is not limited to, feed silos, and silage bunkers. The waste containment area includes, but is not limited to, settling basins and areas within berms and diversions which separate uncontaminated stormwater.

  • Project Water means water made available for delivery to the contractors by project conservation facilities and the transportation facilities included in the System.

  • Feedstock means any controlled substance or new substance that undergoes chemical transformation in a process in which it is entirely converted from its original composition and whose emissions are insignificant,

  • Very high radiation area means an area, accessible to individuals, in which radiation levels from radiation sources external to the body could result in an individual receiving an absorbed dose in excess of 5 Gy (500 rad) in one hour at one meter from a source of radiation or one meter from any surface that the radiation penetrates.

  • licensed water supplier means a company which is the holder for the time being of a water supply licence under Section 17A(1) of the 1991 Act(f);

  • Feedstock Gas means natural gas used as a raw material for its chemical properties in creating an end product.

  • Self-service storage facility or "facility" means any real property designed or used for the purpose of renting or leasing individual storage space to tenants who are to have access to that space for the purpose of storing and removing personal property.

  • 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.

  • Cultivation site means a location where cannabis is planted, grown, harvested, dried, cured, graded, or trimmed, or a location where any combination of those activities occurs.

  • Finished Services means complete end-to-end services offered by Qwest to wholesale customers or retail End User Customers. Finished Services do not include Unbundled Network Elements or combinations of Unbundled Network Elements. Finished Services include Access Services, private lines, retail services, and resold services.

  • Tank means an enclosed space which is formed by the permanent structure of a ship and which is designed for the carriage of liquid in bulk.

  • Biodiesel means a fuel composed of mono-alkyl esters of long chain fatty acids derived from vegetable oils or animal fats, and, in accordance with standards specified by the American society for testing and materials, designated B100, and meeting the requirements of D-6751, as approved by the department of agriculture.

  • Pipelines has the meaning set forth in the Recitals.

  • Cannabis plant means any plant of the genus Cannabis;

  • CO2 means carbon dioxide.

  • Bottled water means water that is placed in a safety sealed container or package for human 696 consumption. Bottled water is calorie free and does not contain sweeteners or other additives except 697 that it may contain: (i) antimicrobial agents; (ii) fluoride; (iii) carbonation; (iv) vitamins, minerals, and 698 electrolytes; (v) oxygen; (vi) preservatives; and (vii) only those flavors, extracts, or essences derived 699 from a spice or fruit. "Bottled water" includes water that is delivered to the buyer in a reusable 700 container that is not sold with the water.

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

  • Harvest batch means a specifically identified quantity of dried flower or trim, leaves, and other cannabis plant matter that is uniform in strain, harvested at the same time, and, if applicable, cultivated using the same pesticides and other agricultural chemicals, and harvested at the same time.

  • High radiation area means an area, accessible to individuals, in which radiation levels from radiation sources external to the body could result in an individual receiving a dose equivalent in excess of one mSv (0.1 rem) in one hour at 30 centimeters from any source of radiation or 30 centimeters from any surface that the radiation penetrates.

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