Routine Adjustments Sample Clauses

Routine Adjustments. Carrier shall redeliver to each Initial Shipper, measured at the Delivery Points nominated by such Initial Shipper, a volume of Petroleum equal to the volume delivered by such Shipper and measured at the Receipt Points, adjusted as follows: (a) deductions for accounted-for and unaccounted-for line loss in each Segment, apportioned among the Initial Shippers in proportion to their measured Receipts into such Segment; (b) deductions for fuel and lubrication volumes of Petroleum used by Carrier, if separately measured at the point of withdrawal from a Segment, and if the Tariff of each Initial Shipper in respect of such Segment for the month of such use is credited with an amount equal to such Shipper’s share (in proportion to the measured Receipts into such Segment of all Shippers) of the product of (i) the number of measured barrels so used, times (ii) a U.S. dollar per barrel price equal to the value assigned to such Petroleum in the quality bank adjustments set forth in Article Eight (the “Quality Bank Adjustments”) (or in the absence of such assigned value, an equivalent market value of such Petroleum, F.O.B. Port of Coveñas, reasonably selected by Carrier); and (c) increases or decreases as required to equate the quality and volume of Petroleum sampled and measured at the Receipt Points to an equivalent volume of the different quality of Petroleum sampled and measured at the delivery Points, using the conversation procedures of the Quality Bank Adjustments.