Barrel definition

Barrel means 42 United States gallons at 60 degrees Fahrenheit and zero psi gauge.
Barrel as herein used means forty-two (42) United States gallons at sixty degrees (60°) Fahrenheit and zero (0) gauge pressure if the vapor pressure of the Crude Petroleum is at or below atmospheric pressure, or at equilibrium pressure if the vapor pressure of the Crude Petroleum is above atmospheric pressure.
Barrel means a volume of forty-two (42) United States Gallons at sixty degrees (60°) Fahrenheit and zero (“0”) gauge pressure if the vapor pressure of the petroleum is at or below atmospheric pressure, or at equilibrium vapor pressure if the vapor pressure of the petroleum is greater than atmospheric pressure.

Examples of Barrel in a sentence

  • During such 15-day period, the TRG Member and/or its accountants shall have reasonable access to the books and records of the Company and Double Barrel Title LLC and other documentation relating to the calculations of the Company EBITDA and the ITC EBITDA as the TRG Member may reasonably request and to the extent not unreasonably interfering with the business of the Company or of Double Barrel Title LLC.

  • In preparing its report, the Appraiser’s determination as to such items still in dispute shall not be more beneficial to the TRG Member or the Anywhere Member than the 108856959.3 determination of that item in the Objection Notice or proposed calculations delivered to the TRG Member by the Board and the Board of Managers of 108856959.3 Double Barrel Title LLC (as applicable).

  • The business of the Company shall be conducted under the name “Double Barrel Title LLC” or such other name as the Board may hereafter determine.

  • Double Barrel Title LLC (the “Company”) is a limited liability company formed under the Delaware Act.

  • Unless the TRG Member has delivered to the Board a written objection to, and alternative calculation of, such proposed Company EBITDA and ITC EBITDA within 15 days after delivery thereof (an “Objection Notice”), the Company EBITDA and the ITC EBITDA proposed by the Board and the Board of Managers of Double Barrel Title LLC shall be final and binding on the Members.


More Definitions of Barrel

Barrel means any container or vessel having a capacity of more than 43 ounces.
Barrel means forty-two (42) United States gallons of 231 cubic inches of sixty degrees Fahrenheit (60ºF) and equilibrium vapor pressure.
Barrel means forty-two (42) net U.S. gallons, measured at 60° F.
Barrel. ’ means 42 United States gallons at 60 degrees fahrenheit;
Barrel means forty-two (42) United States gallons of 231 cubic inches of sixty degrees Fahrenheit (60°F) and equilibrium vapor pressure.
Barrel means forty-two (42) U.S. gallons.
Barrel means a volume equal to 42 U.S. gallons of 231 cubic inches each, at 60 degrees Fahrenheit under one atmosphere of pressure.