Retention Stock definition

Retention Stock means the volume of Petroleum required by the Carrier for operational and scheduling purposes as specified from time to time by the Carrier and includes working stock, tank bottoms and idle loopfill.

Retention Stock means Working Stock and/or Tank Bottoms.

Retention Stock means the working bottoms, working stock, station fill and line-fill required by the Carrier and assigned to the Shippers quarterly.

Examples of Retention Stock in a sentence

• A Shipper shall supply its share of Retention Stock by types and volumes as determined from time to time by the Carrier.

• For the purpose of this tariff, and without limiting the generality of the charges and costs lawfully due to the Carrier under this tariff, those charges and costs shall include transportation charges, Shortfall Payments, charges for deficient Retention Stock, and negative Shipper’s balance positions.

• At any time, upon the request of the Carrier, any prospective or existing Shipper shall provide information to the Carrier that will allow the Carrier to determine the prospective or existing Shipper’s capacity to perform any financial obligations that could arise under the terms of this tariff, including the payment of transportation charges, Shortfall Payments, charges for deficient Retention Stock and negative Shipper's balance positions.

• Each Shipper shall supply its quantity of Retention Stock as determined from time to time by the Carrier.

• Form of Retention Stock Option Agreement for retention stock option awards under the Synovus Financial Corp.

More Definitions of Retention Stock

Retention Stock means the combination of Working Stock and Tank Bottoms.

Retention Stock means the volume of Petroleum required by Carrier from time to time for operational and scheduling purposes, and includes working stock, tank bottoms and idle line fill.

Retention Stock means the volume of Crude Petroleum required by Carrier for operational purposes as specified from time to time by Carrier including Linefill and Working Stock needed to occupy the physical space within the pipeline and any applicable facilities.

Retention Stock means the combination of Working Stock, Tank Bottoms and Idle Loopfill.

Retention Stock means the volume of Crude Petroleum required by Transporter for operational and scheduling purposes as specified from time to time by Transporter, which shall include an allowance for losses and fuel and power costs. Line fill shall be provided by Transporter and shall not be included in the calculation of Retention Stock.

Retention Stock has the meaning given to it in the Rules Tariff;

Retention Stock means the volume of Crude Petroleum required by Carrier for operational and scheduling purposes as specified from time to time by Carrier, including working stock, tank bottoms and idle loopfill. "Shipper" means the party that contracts with the Carrier for the transportation of Crude Petroleum under the terms of this tariff, and that has satisfied the Carrier of that party’s capacity to perform its financial obligations that could arise from the transportation of its Crude Petroleum under the terms of this tariff, and includes a transferee of a Shipper’s rights and obligations, as approved in accordance with Rule 15 (c).