Higher Heating Value Clause Samples

The Higher Heating Value (HHV) clause defines the method for measuring the total energy content of a fuel, including the latent heat of vaporization of water. In practice, this clause specifies that energy calculations for fuel transactions or performance assessments are based on the HHV, which accounts for all heat released when the fuel is combusted and the water produced is condensed. By standardizing the energy measurement method, the clause ensures consistency and fairness in commercial agreements involving fuels, preventing disputes over differing calculation methods.
Higher Heating Value. Higher Heating Value - means the superior calorific value calculated as described in ISO: 6976:1995 (E) of one Cubic Meter of Natural Gas at the reference condition of 15/15 Degrees Celsius and 1.01325 Bar(a) for the actual natural gas in the real state. Full precision, definitive mode shall be used.
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Higher Heating Value. All Gas quantities referenced herein shall be in terms of the higher heating value of natural gas.
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Higher Heating Value. 54 APPENDIX A APPENDIX B APPENDIX C APPENDIX D APPENDIX E APPENDIX F APPENDIX G APPENDIX H POWER AND GAS SUPPLY AGREEMENT AMONG SOUTHERN POWER COMPANY, DYNEGY POWER MARKETING, INC. AND DYNEGY MARKETING AND TRADE This POWER AND GAS SUPPLY AGREEMENT is made and entered into as of this 28th day of March, 2002 (the "Execution Date"), by and among SOUTHERN POWER COMPANY (hereafter referred to as "Southern" or "Seller"), a Delaware corporation having its principal office and place of business at 600 North 18th Street, Birmingham, Alabama 35233, DYNEGY P▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇., (▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇s "DYPM"), a corporation organized and existing under the laws of the State of Texas having its principal office and place of business at 1000 Louisiana St., Suite 5800, Houston, TX 77002, and DYN▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ("▇▇▇" ▇▇ "▇▇▇▇▇▇▇▇"), ▇ Colorado general partnership having its principal office and place of business at 1000 Louisiana Street, Suite 5800, Houston, Texas 77002. S▇▇▇▇▇▇▇, ▇▇▇▇, ▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇dually and collectively as a "Party" or the "Parties," respectively.
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Higher Heating Value. 41 APPENDIX A APPENDIX B APPENDIX C APPENDIX D APPENDIX E APPENDIX F APPENDIX G ENERGY CONTRACT BETWEEN SOUTHERN POWER COMPANY AND DYNEGY POWER MARKETING, INC. This ENERGY CONTRACT is made and entered into as of this 28th day of March, 2002 (the "Execution Date"), by and between SOUTHERN POWER COMPANY (hereafter referred to as "Southern" or "Seller"), a Delaware corporation having its principal office and place of business at 600 North 18th Street, Birmingham, Alabama 35233, and DYNEGY POW▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇., (▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇ "DYPM"), a corporation organized and existing under the laws of the State of Texas having its principal office and place of business at 1000 Louisiana St., Suite 5800, Houston, TX 77002. (Southern and ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇ collectively as a "Party" or the "Parties," respectively.)
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Related to Higher Heating Value

  • Gross Asset Value The term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows:

  • Offering Valid Assuming the accuracy of the representations and warranties of Purchasers contained in Section 4.2 hereof, the offer, sale and issuance of the Shares and the Preferred Shares will be exempt from the registration requirements of the Securities Act, and will have been registered or qualified (or are exempt from registration and qualification) under the registration, permit or qualification requirements of all applicable state securities laws. Neither the Company nor any agent on its behalf has solicited or will solicit any offers to sell or has offered to sell or will offer to sell all or any part of the Shares to any person or persons so as to bring the sale of such Shares by the Company within the registration provisions of the Securities Act or any state securities laws.

  • 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

  • Collection Practices; Escrow Deposits; Interest Rate Adjustments The origination, servicing and collection practices used by the Seller and the Interim Servicer with respect to the Mortgage Loan have been in all respects in compliance with Accepted Servicing Practices, applicable laws and regulations, and have been in all respects legal and proper. With respect to escrow deposits and Escrow Payments, all such payments are in the possession of, or under the control of, the Seller or the Interim Servicer and there exist no deficiencies in connection therewith for which customary arrangements for repayment thereof have not been made. All Escrow Payments have been collected in full compliance with state and federal law and the provisions of the related Mortgage Note and Mortgage. An escrow of funds is not prohibited by applicable law and has been established in an amount sufficient to pay for every item that remains unpaid and has been assessed but is not yet due and payable. No escrow deposits or Escrow Payments or other charges or payments due the Seller have been capitalized under the Mortgage or the Mortgage Note. All Mortgage Interest Rate adjustments have been made in strict compliance with state and federal law and the terms of the related Mortgage and Mortgage Note on the related Interest Rate Adjustment Date. If, pursuant to the terms of the Mortgage Note, another index was selected for determining the Mortgage Interest Rate, the same index was used with respect to each Mortgage Note which required a new index to be selected, and such selection did not conflict with the terms of the related Mortgage Note. The Seller or the Interim Servicer executed and delivered any and all notices required under applicable law and the terms of the related Mortgage Note and Mortgage regarding the Mortgage Interest Rate and the Monthly Payment adjustments. Any interest required to be paid pursuant to state, federal and local law has been properly paid and credited;

  • CONTINUING VALIDITY Borrower understands and agrees that in modifying the existing Obligations, Bank is relying upon Borrower’s representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect. Bank’s agreement to modifications to the existing Obligations pursuant to this Loan Modification Agreement in no way shall obligate Bank to make any future modifications to the Obligations. Nothing in this Loan Modification Agreement shall constitute a satisfaction of the Obligations. It is the intention of Bank and Borrower to retain as liable parties all makers of Existing Loan Documents, unless the party is expressly released by Bank in writing. No maker will be released by virtue of this Loan Modification Agreement.