Measurement of Shipped Volumes Sample Clauses

Measurement of Shipped Volumes. Matters with respect to the measurement of shipped volumes are set forth on Exhibit D.
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Measurement of Shipped Volumes. Quantities shipped on the Pipeline System and subject to the tariffs, charges and other fees provided for in this Agreement shall be determined by measuring volumes of Crude Oil injected into the Centurion Pipeline at Centurion’s Artesia station, and injected into the Plains Pipeline at HEP Operating’s Bisti station. For the avoidance of doubt, quantities of Crude Oil that are shipped on the Pipeline System but that do not reach the injection points for the Centurion Pipeline or the Plains Pipeline will not be subject to the tariffs, charges and other fees provided for in this Agreement and will not count towards the satisfaction of the Minimum Pipeline Throughput, though such quantities may be subject to tariffs, charges and fees under the Crude Agreement or other applicable agreements. For the avoidance of doubt, the tariffs, charges and other fees to be charged for shipments on the Pipeline System as of the date of this Agreement are set forth on Exhibit D.
Sample 1
Measurement of Shipped Volumes. Crude Oil volumes received at the Cheyenne Refinery shall be determined by the total shipments received by pipeline, truck or rail. Crude Oil volumes transported from the Cheyenne Refinery shall be determined by the total shipments from the Cheyenne Refinery by pipeline, truck or rail.
Sample 1
Measurement of Shipped Volumes. Quantities shipped on the Pipeline System and subject to the tariffs, charges and other fees provided for in this Agreement shall be determined by measuring unique barrels of Crude Oil (either by counting barrels or calculating barrels based on available meter data) shipped on the origin and destination pairings set forth on Exhibit D. For the avoidance of doubt, a barrel shipped on multiple segments of the Pipeline System shall only be counted as one barrel in satisfaction of the Minimum Pipeline throughput and shall not count as a separate barrel on each such segment. For example, a barrel shipped from Whites City Road Station to the Plains Pipeline Bisti Connection shall count as one barrel in satisfaction of the Minimum Pipeline Throughput, and not as three barrels since it flows on three segments of the Pipeline System.
Sample 1

Related to Measurement of Shipped Volumes

  • Measurement Should the State terminate this contract as herein provided, no fees other than fees due and payable at the time of termination shall thereafter be paid to the Engineer. In determining the value of the work performed by the Engineer prior to termination, the State shall be the sole judge. Compensation for work at termination will be based on a percentage of the work completed at that time. Should the State terminate this contract under paragraph (4) or (5) above, the Engineer shall not incur costs during the thirty-day notice period in excess of the amount incurred during the preceding thirty days.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution.

  • CONTRACT YEAR A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Contract Sales Price The total consideration provided for in the sales contract for the sale of a Property.

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • Delivery Points ‌ Project water made available to the Agency pursuant to Article 6 shall be delivered to the Agency by the State at the delivery structures established in accordance with Article 10.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) each of its fiscal years to end on December 31 of each year and (ii) its fiscal quarters to end on March 31, June 30, September 30 and December 31, respectively, of each year.

  • Minimum Consolidated Adjusted EBITDA The Borrower will maintain, as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2003, a minimum Consolidated Adjusted EBITDA of no less than (i) $0 for the Fiscal Quarter ending June 30, 2003, (ii) $1,000,000 for the Fiscal Quarter ending September 30, 2003 and (iii) $2,500,000 for each Fiscal Quarter thereafter.

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