Common use of Heating Value Clause in Contracts

Heating Value. For all purposes under this Agreement (including without limitation pricing and payment) the heating value of and the number of Btu contained in the Gas delivered hereunder will be measured in terms of, the gross number of Btu’s that would be contained in the volume of such Gas (measured in accordance with this Article) when saturated with water vapor and at Standard Base Conditions. The Btu contained in hydrogen sulfide or other non-hydrocarbon components will be excluded in any calculation of the number of Btu’s contained in Gas under this Agreement.

Appears in 2 contracts

Sources: Gas Processing Agreement, Gas Processing Agreement (American Midstream Partners, LP)