Commingled Storage definition

Commingled Storage means tankage which is available to User for Commodities, but which may also contain compatible crude oil or petroleum products of a third party.
Commingled Storage means a system whereby the User's Commodities are stored together with the like Commodities of other Users in the same tank space, without distinction as to grade.

Examples of Commingled Storage in a sentence

  • I am pleased to say that the new plan addresses most of the concerns I had with the original application.

  • I also understand and agree that if I do not indicate a storage option, Commingled Storage will be the default storage option.• The undersigned consents to the fee schedule of GoldStar as in effect, as may be modified from time to time.

  • If the Storage Method for Gold, Platinum, and Palladium is not specified, Commingled Storage will be your default election.

  • I also understand and agree that if I do not indicate a storage option, Commingled Storage will be the default storage option.

  • I understand the Chalfouh LLC will the appropriate depository from one of the following depositories Delaware Depository® - Delaware (Depository Trust Company of Delaware, LLC)Wilmington, DEDelaware Depository provides Commingled Storage for all metal types, and Segregated Storage for all Gold, Platinum, and Palladium products, and 1000 oz.

  • I understand that the precious metals owned by my IRA will be stored at IDS under a CamaPlan master account for the benefit of your IRA.See for further information www.IDS-Delaware.com Commingled Storage - I understand that CamaPlan has its own storage area in the vault with IDS and my IRA precious metals will be commingled in this storage area with other CamaPlan clients.

Related to Commingled Storage

  • Storage means any keeping or retention of tangible personal property for use, consumption or

  • Commingle means the act of Commingling.

  • Grocery store means any retail establishment, the business of which consists of the sale of food, food products, or beverages for consumption off the premises.

  • Offsite means located outside the lot lines of the lot in question

  • Underground storage tank or “UST” means any one or combination of tanks (including underground pipes connected thereto) that is used to contain an accumulation of regulated substances, and the volume of which (including the volume of underground pipes connected thereto) is 10 percent or more beneath the surface of the ground. This term does not include any:

  • Aboveground storage tank shall have the meaning ascribed to such term in Section 6901 et seq., as amended, of RCRA, or any applicable state or local statute, law, ordinance, code, rule, regulation, order ruling, or decree governing aboveground storage tanks.

  • Retail Store – means any business facility that sells goods directly to the consumer whether for or not-for-profit, including, but not limited to, retail stores, restaurants, pharmacies, convenience and grocery stores, liquor stores, as well as seasonal and temporary businesses.

  • Terminals means the Terminals set forth on Schedule A attached hereto.

  • Disposal site means that portion of a land disposal facility that is used for disposal of waste. It consists of disposal units and a buffer zone.

  • Customer Property means the property, other than real property and IPR, including any equipment issued or made available to the Supplier by the Customer in connection with this Call Off Contract;

  • Commingling means the connecting, attaching, or otherwise linking of an Unbundled Network Element, or a Combination of Unbundled Network Elements, to one or more facilities or services that a requesting Telecommunications Carrier has obtained at wholesale from Qwest, or the combination of an Unbundled Network Element, or a Combination of Unbundled Network Elements, with one or more such facilities or services.

  • Pipeline means any pipe, pipes, or pipelines used for the intrastate transportation or transmission of any solid, liquid, or gaseous substance, except water.

  • Pipelines means those pipelines within the Storage Facility that connect the Tanks to one another and to the receiving and delivery flanges of the Storage Facility.

  • Contaminated site means a site where there is a confirmed presence, caused by man, of hazardous substances of such a level that they pose a significant risk to human health or the environment taking into account current and approved future use of the land;

  • Segregated facilities, as used in this provision, means any waiting rooms, work areas, rest rooms and wash rooms, restaurants and other eating areas, time clocks, locker rooms and other storage or dressing areas, parking lots, drinking fountains, recreation or entertainment areas, transportation, and housing facilities provided for employees, that are segregated by explicit directive or are in fact segregated on the basis of race, color, religion, or national origin because of habit, local custom, or otherwise.

  • Store means any retail store (which may include any real property, fixtures, equipment, inventory and other property related thereto) operated, or to be operated, by any Loan Party.