Common use of Heat Clause in Contracts

Heat. 10.1 Customer will provide #2 oil used for Terminal to maintain minimum Product temperature as required. To determine said quantity, the actual amount of #2 oil used will be based on a physical gauge of the boiler tank at the beginning of each month, plus receipts into the boiler tank, minus the ending inventory in the boiler tank at month's end. The amount of oil used will be deducted monthly from Customer's inventory.

Heat. 10.1 Customer will provide #2 oil used for Terminal to maintain minimum Product temperature as required. To determine said quantity, the actual amount of #2 oil used will be based on a physical gauge of the boiler tank at the beginning of each month, plus receipts into the boiler tank, minus the ending inventory in the boiler tank at month's ’s end. The amount of oil used will be deducted monthly from Customer's ’s inventory.