Equivalent Quantity of Natural Gas definition

Equivalent Quantity of Natural Gas means that quantity of natural gas in MMBtu which is thermally equivalent to the quantity of gas delivered or caused to be delivered by the Shipper to Company on any one day, less a quantity of natural gas equal to two percent (2%) of the quantity of natural gas delivered by Shipper to the Receipt Point for line loss and shrinkage when the Shipper is located downstream of a city gate meter station. No line loss or shrinkage will be retained by Company when the Shipper is located downstream of a farm tap meter station.
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Examples of Equivalent Quantity of Natural Gas in a sentence

  • EQUIVALENT QUANTITY OF NATURAL GAS The term "Equivalent Quantity of Natural Gas" shall mean that quantity of natural gas which is thermally equivalent to the quantity of gas delivered or caused to be delivered by the Shipper to Company on any one day, less a quantity of natural gas equal to two percent (2%) for line loss and shrinkage when the Shipper is located downstream of a city gate meter station.

  • Upon receipt of such Natural Gas for Shipper's account, Transporter shall transport and deliver for the account of Shipper an Equivalent Quantity of Natural Gas at the Point(s) of Delivery; provided, however, Transporter shall not be obligated to deliver on any Day a quantity of Natural Gas in excess of the applicable MDQ, unless Transporter consents to make such deliveries as authorized overruns.

  • Equivalent Quantity of Natural Gas" shall mean that quantity of natural gas which is thermally equivalent to the quantity of gas delivered or caused to be delivered by the Shipper to Company on any one day, less a quantity of natural gas equal to two percent (2%) for line loss and shrinkage when the Shipper is located downstream of a city gate meter station.

Related to Equivalent Quantity of Natural Gas

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  • Aluminum equivalent means the thickness of type 1100 aluminum alloy affording the same attenuation, under specified conditions, as the material in question.

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  • Non-Methane Hydrocarbons (NMHC means the sum of all hydrocarbon air pollutants except methane.

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  • Loop Concentrator/Multiplexer or "LCM" is the Network Element that does one or more of the following: aggregates lower bit rate or bandwidth signals to higher bit rate or bandwidth signals (multiplexing); disaggregates higher bit rate or bandwidth signals to lower bit rate or bandwidth signals (demultiplexing); aggregates a specified number of signals or channels to fewer channels (concentrating); performs signal conversion, including encoding of signals (e.g., analog to digital and digital to analog signal conversion); or in some instances performs electrical to optical (E/O) conversion. LCM includes DLC, and D4 channel banks and may be located in Remote Terminals or Central Offices.

  • MMBtu means one million British thermal units.

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