TH STARTING VOLUME Sample Clauses

TH STARTING VOLUME. (a) Each storage tank in the Storage Facilities has a tank heel capacity designated on the table in Attachment II to Appendix 4 for such storage tank (for each storage tank, the “Tank Heel Capacity”). Each storage tank used to store Feedstock additionally has a designated Feedstock Virtual Tank Heel (for each storage tank, the “Virtual Tank Heel Capacity,” and together with the Tank Heel Capacity, the “Aggregate Heel Capacity”).
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Related to TH STARTING VOLUME

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  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.

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