VOLUME AND HEATING VALUE Sample Clauses

VOLUME AND HEATING VALUE. Purchaser and Seller agree that the volume and heating value of Committed Gas sold and delivered under this Agreement will be measured and tested at or near the Delivery Point(s) by Transporter, using equipment owned or controlled by Transporter or Seller or Seller Affiliate, and measuring procedures employed by Transporter and contained in the Transporter's Tariff. The measurements and tests made by Transporter shall be accepted by Purchaser and Seller (subject to adjustment if prior measurements are determined to be inaccurate or incomplete); provided, however, the measuring and testing equipment and procedures used must conform to Transporter's Tariff and to generally recognized industry standards.
VOLUME AND HEATING VALUE. NGC and CUSA agree that the volume and heating value of Committed Gas sold and delivered under this Agreement will be measured at or near the Delivery Point(s) by Transporter, using equipment owned or controlled by, and measuring procedures employed by, Transporter. The measurements made by Transporter shall be accepted by NGC and CUSA (subject to adjustment if prior measurements are determined to be inaccurate or incomplete), provided, however, the measuring equipment and procedures used must conform to Transporter's filed tariffs and to generally recognized industry standards.
VOLUME AND HEATING VALUE. UPFUELS and UPR agree that the volume and heating value of Committed Gas sold and delivered under this Agreement will be measured at or near the Delivery Point(s) by the relevant Transporter, using equipment owned or controlled by, and measuring procedures employed by, such Transporter. The measurements made by such Transporter shall be accepted by UPFUELS and UPR (subject to adjustment if prior measurements are determined to
VOLUME AND HEATING VALUE. Dynegy and Producer agree that the volume and heating value of Committed Gas sold and delivered under this Agreement will be measured at or near the Delivery Point(s) by Transporter, using equipment owned or controlled by, and measuring procedures employed by, Transporter. The measurements made by Transporter shall be accepted by Dynegy and Producer (subject to adjustment if prior measurements are determined to be inaccurate or incomplete), provided, however, the measuring equipment and procedures used must conform to Transporter's filed tariffs and to generally recognized industry standards.

Related to VOLUME AND HEATING VALUE

  • Market Value Adjustment Transfer of Current Value from the Funds or AG Account ............ 17 3.08 Notice to the Certificate Holder .................................. 18 3.09 Loans ............................................................. 18 3.10 Systematic Withdrawal Option (SWO) ................................ 18 3.11

  • Closing Price Closing Price shall mean the last reported market price for one share of Common Stock, regular way, on the New York Stock Exchange (or any successor exchange or stock market on which such last reported market price is reported) on the day in question. If the exchange is closed on the day on which the Closing Price is to be determined or if there were no sales reported on such date, the Closing Price shall be computed as of the last date preceding such date on which the exchange was open and a sale was reported.

  • Measurements and arithmetic conventions All measurements and calculations shall be in the metric system and calculations done to 2 (two) decimal places, with the third digit of 5 (five) or above being rounded up and below 5 (five) being rounded down.

  • Lowest Evaluated Tender 38.1 Having compared the evaluated prices of Tenders, the Procuring Entity shall determine the Lowest Evaluated Tender. The Lowest Evaluated Tender is the Tender of the Tenderer that meets the Qualification Criteria and whose Tender has been determined to be: a) most responsive to the Tender document; and b) the lowest evaluated price.

  • Mileage Measurement Where required, the mileage measurement for LIS rate elements is determined in the same manner as the mileage measurement for V&H methodology as outlined in NECA Tariff No. 4.