Theoretical Gallons definition

Theoretical Gallons shall have the meaning set forth in Section 6.4(b).
Theoretical Gallons. The term “Theoretical Gallons” is defined in Section 7.2, sub-paragraph 9.
Theoretical Gallons of a particular Component Plant Product shall mean the result obtained by multiplying the particular Component Plant Product content of a particular Gas stream (expressed in gallons per Mcf) by the Inlet Volume (in Mcf) of that particular stream delivered for processing (the result being expressed in gallons). For all purposes under this Agreement, the Inlet Volume (in Mcf) shall mean the volume in Mcf of Gas received at a particular Receipt Point(s) under the Gathering Agreement less FL&U (in Mcf), each as defined in the Gathering Agreement; provided, however, FL&U shall be converted from MMBtu to Mcf based on the Gross Heating Value of the Gas received at such particular Receipt Point(s).

Examples of Theoretical Gallons in a sentence

  • Bushton Plant Inlet Theoretical Gallons minus Bushton Plant Contracted Inlet Theoretical Gallons.

  • Nothing in subsection (d)(2) shall prevent a credit from being allowed by reason of this subsection.


More Definitions of Theoretical Gallons

Theoretical Gallons. As defined in Section 9.2. Theoretical Residue Gas Thermal Content. As defined in Section 9.6.
Theoretical Gallons of a particular Component Plant Product shall mean the result obtained by multiplying the particular Component Plant Product content of a particular Gas stream (expressed in gallons per Mcf) by the Plant Inlet Volume (in Mcf) of that particular stream delivered for processing (the result being expressed in gallons).
Theoretical Gallons. As defined in Section 9.2.

Related to Theoretical Gallons

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  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Metric means a) when referenced in the context of a Named User, the individual Named User category and type (and corresponding Named User definition setting for such Named User’s use rights) as further described in Section 2.1 hereof -and- b) when referenced in the context of a Package, the individual business metric corresponding with each Package as further described in Section 2.2 hereof;

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Usage Metric means the standard of measurement for determining the permitted use and calculating the fees due for a Cloud Service as set forth in an Order Form.

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  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

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