Fuel Oil Sample Clauses
The Fuel Oil clause defines the requirements and standards for the type and quality of fuel oil to be supplied or used under a contract, typically in shipping or industrial contexts. It specifies acceptable grades, delivery conditions, and testing procedures to ensure the fuel meets agreed specifications, and may outline responsibilities for sampling and handling disputes over quality. This clause is essential for preventing operational issues, ensuring compliance with regulations, and allocating risk between parties regarding fuel quality and supply.
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Fuel Oil. Fuel oil, if any, owned by Seller and located at the Real Estate on the Closing Date shall be adjusted at the cost thereof to Seller on a first in-first out basis. Seller shall arrange for the amount of fuel oil to be determined in writing by the fuel company presently supplying fuel to the Real Estate as of a date which is not more than five (5) business days prior to the Closing Date, and such documentation shall be provided to Purchaser for verification.
Fuel Oil. If applicable, there shall be a full tank of oil on the premises when the Tenant moves in, and the Tenant shall leave a full tank of oil when he vacates.
Fuel Oil. The cost of the alternate fuel (identified as "K") shall include:
Fuel Oil. Fuel oil, if any, located at the Property on the Closing Date will be adjusted at the price in effect at such times as determined in writing by the fuel company then supplying fuel to the Property.
Fuel Oil. The HRSG's supplemental duct firing will utilize natural gas only. The CTGs are sometimes referred to as ▇▇▇, ▇▇▇ and CT3. The serial numbers for each CTG-HRSG pair are as follows:
Fuel Oil. Fuel oil at the Property shall be apportioned as of the -------- Closing Date at Contributor's cost therefor as evidenced by bills for deliveries made within three (3) days of Closing.
Fuel Oil. (2) The cost of the alternate fuel (identified as "K") shall include: ;?, fuel oil in effect on the third Monday of the current month, F.O.B., Charleston, South Carolina, plus,
Fuel Oil. Seller shall install Fuel Oil Storage Facilities as part of the Facility, consistent with Exhibit T - Fuel Oil. Seller shall maintain and calibrate the fuel oil meter(s) from time to time in accordance with Good Utility Practices. Seller shall fill the fuel oil storage tank(s) at the Facility with Acceptable Fuel Oil prior to the Commercial Operation Date, in time to conduct required pre-COD testing, in such volumes as may be directed by Company and at a cost approved by Company in writing. After COD, Seller shall invoice and Company shall reimburse Seller for the costs incurred by Seller for the actual fuel oil delivered for such initial fill of the fuel oil storage tank(s), less the cost of fuel oil consumed by the Facility prior to the Commercial Operation Date. Following the initial fill of the fuel oil storage tank(s), Company shall arrange and pay for all subsequent fills of such tank(s), as and when desired by Company. Company shall afford Seller the opportunity to test Company’s chosen fuel oil prior to its delivery into the fuel oil storage tank(s), and to reject any fuel oil that does not constitute Acceptable Fuel Oil. Seller shall be solely responsible for (i) maintenance of the fuel oil in the Fuel Oil Storage Facilities, and (ii) the removal and replacement of any degraded and unusable fuel oil, at its expense. Either Party, at its own expense, may conduct fuel oil tests to determine the extent of degradation, if any. Included in Exhibit T – Fuel Oil is the Fuel Oil Maintenance Plan for the Facility. Company shall, in its sole discretion, determine when and if the Combustion Unit(s) shall be dispatched using fuel oil as the combustion fuel to generate Natural Gas Generated Energy, subject to the Fuel Oil Maintenance Plan and the emissions limitations in Seller’s Permits. Seller Title to fuel oil shall be retained by Company at and from the storage tank(s) to the burner tips of the Combustion Units. As between the Parties, however, Seller shall be deemed to be in exclusive control and possession of all fuel oil from and after delivery in into the fuel oil storage tank(s) until such fuel has been consumed in the Facility, so Seller shall bear the risk of loss of fuel oil following its delivery into the oil storage tank(s) and shall be responsible for any costs, damages, fines or penalties associated with leaks, spills, remediation, or other liabilities associated with such fuel oil. Seller shall promptly report and resolve any fuel oil leaks or...
Fuel Oil. If the Property uses oil for heat, Tenant is responsible for the payment of all fuel oil consumed during this tenancy. Owner will deliver the Property with a full fuel oil tank. Immediately upon taking occupancy, regardless of the time of year, Tenant will reimburse Owner an amount equal to the cost of a full tank of oil (calculated at the current rate per gallon). At the end of the Lease, the Owner will reimburse or credit the Tenant for the fuel oil remaining in the tank. Owner agrees to maintain a service contract on the fuel oil system. Tenant agrees to use the heating oil provider designated by Owner for any purchase of fuel oil. Until further notice, the designated oil company is .
Fuel Oil. Not less than ten (10) Business Days prior to the Closing Date, the Seller shall deliver to the Purchaser a statement of the amount of fuel oil owned by the Project Company or any Affiliate of the Project Company and held for use by the Project Company at the Facility as of a date within twenty (20) Business Days prior to the Closing Date that is certified by an authorized officer of the Seller as having been prepared in good faith (the “Pre-Closing Fuel Oil Statement”); provided, that for the avoidance of doubt, the Pre-Closing Fuel Oil Statement shall not include any fuel oil owned by Duke Power pursuant to the Duke Power Contracts or otherwise or any fuel oil purchased by Duke Power pursuant to the Duke Power Contracts prior to the Closing Date. The Pre-Closing Fuel Oil Statement shall be accompanied by such backup information and schedules as are reasonably required in order for the Purchaser to understand and verify the accuracy of the computation of the amount of fuel oil reflected on the Pre-Closing Fuel Oil Statement.
