Shrinkage Factor definition

Shrinkage Factor means the factor used to convert Rich Gas processed at Kårstø gas plant, Kollsnes gas plant or at the Heimdal platform to resultant Dry Gas as described in article10.
Sample 1Sample 2Sample 3
Shrinkage Factor has the meaning given in Section D paragraph 4.3.1 of the IUK Access Code;
Sample 1Sample 2Sample 3
Shrinkage Factor means in respect of raw gas produced from a Production Source and delivered into the Pipeline System at a Receipt Point for processing at a Processing Plant, the factor to be used to convert the Authorized Receipt Volume to the Authorized Raw Gas Receipt Volume for any day in a month.
Sample 1

Examples of Shrinkage Factor in a sentence

  • We know that both markets are different in t rms of asignificant amount of features.

  • Prior to 1 July 2008 the Transporter had an obligation to set a LDZ Shrinkage Factor for each of its LDZs in order to account for gas used by the Transporter in operation of the System and for gas offtaken but unaccounted for.

  • The Dust Fee is in addition to the Shrinkage Factor set out in A5.

  • The revised requirement has replaced the LDZ Shrinkage Factor with an LDZ Shrinkage Quantity.

  • In section N of Uniform Network Code, The Transporter has an obligation to set a LDZ Shrinkage Factor to provide for the gas that is used by each of its LDZ’s or lost from its systems.

  • This research aims to assess and benchmark the local programmes and the context within which they are delivered and provide suggestions from a gap analysis.

  • The purpose of this document is to present an assessment of LDZ Shrinkage for the Gas Year 2005/06, in accordance with Uniform Network Code Section N 3.3.3. National Grid’s final LDZ Shrinkage Factor proposal for the Gas Year 2005/06, issued 1 September 2005, proposed individual LDZ Shrinkage Factors equating to a national factor of 0.62% of LDZ throughput.

  • For the purposes of determining the amount of any Contract Demand Credits in accordance with Section 8.02 in respect of Firm Transportation Service - Northern with a Delivery Point at the Straddle Plant Delivery Point, the volume differential to be used in the calculation of those credits shall be a volume of gas equal to the product obtained by multiplying the applicable volume differential specified in Section 8.02 by the Straddle Plant Shrinkage Factor.

  • The MMT Balancing Charge Rate will be based on: (1) a total MMT balancing cost of service of $3,147,305 updated to reflect the NFG Supply ESS Deliverability Charge, Capacity Charge, Injection/Withdrawal Charges and Shrinkage Factor as of August 1, 2021 presented on PGC Exhibit No. 24A; and (2) MMT billing determinants based on actual MMT volumes experience by the Company for the 12 - month period ending June 30, 2021.

  • ShF where UDSF = the User’s Final UDQO for the relevant Day; and ShF = the Shrinkage Factor for the Gas Year in which such Day falls.


More Definitions of Shrinkage Factor

Shrinkage Factor has the meaning given in Section D paragraph 4.3.1 of the IUK Access Code; “Single Sided Nomination” has the meaning given in Section C paragraph 1.2.2 of the IUK Access Code;
Sample 1
Shrinkage Factor means the amount of Total Trust Position as defined expressed as a percentage of liquid or near liquid assets. It is calculated as follows: Cash on hand plus Contracts in transit plus Vehicle Accounts receivable plus new and used inventory minus new and used vehicle liability divided by the sum of Cash on hand, contracts in transit, Vehicle Accounts receivable, new and used inventory.
Sample 1

Related to Shrinkage Factor

  • Leverage Factor means the leverage factor in respect of a Series of ETP Securities as specified in the relevant Final Terms.

  • Load Factor means the percentage of aircraft seats actually occupied on a flight (RPMs divided by ASMs). “NMB” means the National Mediation Board.

  • Stress Factor means 2.25.

  • Exchange Factor means 1.0; provided, however, that if the General Partner: (a) declares or pays a dividend on its outstanding Common Stock in Common Stock or makes a distribution to all holders of its outstanding Common Stock in Common Stock; (b) subdivides its outstanding Common Stock; or (c) combines its outstanding Common Stock into a smaller number of shares of Common Stock, the Exchange Factor shall be adjusted by multiplying the Exchange Factor by a fraction, the numerator of which shall be the number of shares of Common Stock issued and outstanding on the record date for such dividend, contribution, subdivision or combination (assuming for such purpose that such dividend, distribution, subdivision or combination has occurred as of such time), and the denominator of which shall be the actual number of shares of Common Stock (determined without the above assumption) issued and outstanding on the record date for such dividend, distribution, subdivision or combination. Any adjustment to the Exchange Factor shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.

  • Loss Factor means the scaling factor determined in accordance with clause 7 and applied by the reconciliation manager to volumes of electricity measured or estimated in respect of ICPs on the Network, in order to reflect the impact of the ICP on Losses within the Network;

  • Weighting factor wT for an organ or tissue (T) means the proportion of the risk of stochastic effects resulting from irradiation of that organ or tissue to the total risk of stochastic effects when the whole body is irradiated uniformly. For calculating the effective dose equivalent, the values of wT are:

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • S&P Volatility Factor means 277% or such other potential dividend rate increase factor as S&P advises the Corporation in writing is applicable.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Average VWAP means the average of the VWAP for each Trading Day in the relevant period.

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.

  • Class Factor As to any date of determination and any Combinable Class, the then current Class Factor for the Related REMIC Class. As to any date of determination and any RCR Class, a fraction the numerator of which is the sum of the then current Class Balances of

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • average consumption means the average consumption by a customer of a municipal service during a specific period, which consumption is calculated by dividing by three the total measured consumption of that service by that customer over the preceding three months;

  • Leakage technique factors means the technique factors associated with the diagnostic or therapeutic source assembly which are used in measuring leakage radiation. They are defined as follows:

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Average Daily Trading Volume means the average trading volume of the Company’s Common Stock in the ten (10) Trading Days immediately preceding the respective Put Date.

  • Technique factors means the following conditions of operation:

  • Salvage value means the amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale, or, if retained, the amount at which the material recoverable is chargeable to materials and supplies, or other appropriate account.

  • Interest Factor means monthly compounding, discounting or annuitizing, as applicable, at a rate set forth in Exhibit A.

  • Average Daily Flow means the cumulative total sewage flow to the sewage works during a calendar year divided by the number of days during which sewage was flowing to the sewage works that year;

  • Fit factor means a quantitative estimate of the fit of a particular respirator to a specific individual, and typically estimates the ratio of the concentration of a substance in ambient air to its concentration inside the respirator when worn.

  • Inflation Factor means a number determined for each tax year by dividing the consumer price index for June of the tax year by the consumer price index for June 2005.

  • Adjustment Factor means, with respect to a share of the Fund (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Fund. See “—Anti-dilution Adjustments Relating to the Fund; Alternate Calculation —Anti-dilution Adjustments” below.

  • average daily net assets of the Fund shall mean the average of the values placed on the Fund's net assets as of 4:00 p.m. (New York time) on each day on which the net asset value of the Fund is determined consistent with the provisions of Rule 22c-1 under the 1940 Act or, if the Fund lawfully determines the value of its net assets as of some other time on each business day, as of such time. The value of the net assets of the Fund shall always be determined pursuant to the applicable provisions of the Declaration and the Registration Statement. If the determination of net asset value does not take place for any particular day, then for the purposes of this section 6, the value of the net assets of the Fund as last determined shall be deemed to be the value of its net assets as of 4:00 p.m. (New York time), or as of such other time as the value of the net assets of the Fund's portfolio may be lawfully determined on that day. If the Fund determines the value of the net assets of its portfolio more than once on any day, then the last such determination thereof on that day shall be deemed to be the sole determination thereof on that day for the purposes of this section 6. You may waive all or a portion of your fees provided for hereunder and such waiver shall be treated as a reduction in purchase price of your services. You shall be contractually bound hereunder by the terms of any publicly announced waiver of your fee, or any limitation of the Fund's expenses, as if such waiver or limitation were fully set forth herein.

  • Discount Factor means the percentage discount applied to additional APCs when more than one APC is provided during the same visit (including the same APC provided more than once). Not all APCs are subject to a discount factor.