Crude Unit definition

Crude Unit means the crude unit and vacuum tower located at the Refinery ---------- and collectively designated AVU-146.
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Crude Unit means the primary Refinery distillation unit into which crude oil is fed at atmospheric pressure conditions to separate crude oil components (including mixtures of other hydrocarbons) into various fractions by continuously vaporizing and condensing the components.
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Crude Unit means the No. 2 Crude Unit constructed as part of the Capital Improvement Program.
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Examples of Crude Unit in a sentence

  • TLO will make best commercial efforts to coordinate major scheduled maintenance projects or other planned Dock outages with the Refinery's #50 Crude Unit turnaround schedule.

  • To the extent that such operating difficulties involve the Crude Unit, ▇▇▇▇▇ R&M shall use commercially reasonable efforts to procure alternative feedstocks for the other units comprising the Ancillary Equipment on behalf of itself and the ▇▇▇▇▇ Company in order operate such units at their actual capacities and preserve the relative processing capacities of ▇▇▇▇▇ R&M and the ▇▇▇▇▇ Company as would exist if the Crude Unit were operating at Crude Design Capacity.

  • In such event, the ▇▇▇▇▇ Company shall reimburse ▇▇▇▇▇ R&M for all Permitted Reimbursable Expenses incurred by ▇▇▇▇▇ R&M in procuring such feedstocks on behalf of the ▇▇▇▇▇ Company and the capacity of such units available for processing ▇▇▇▇▇ R&M feedstreams pursuant to Section 3.5 hereof for such day shall be deemed to equal the volume necessary to preserve the relative processing capacities of ▇▇▇▇▇ R&M and the ▇▇▇▇▇ Company as would exist if the Crude Unit were operating at Crude Design Capacity.

  • To the extent that ▇▇▇▇▇ R&M does not exercise its right to use all Excess Hydrocracker Capacity on any day during such calendar quarter, ▇▇▇▇▇ R&M shall ensure that pro rata portions of ▇▇▇▇▇ Company-owned and ▇▇▇▇▇ R&M-owned VGO produced by the Crude Unit on such day are used to fill the remaining Excess Hydrocracker Capacity of the Hydrocracker.

  • As a result of the OPEX and CAPEX adjustments for the Applicable Assets at ▇▇▇▇▇ Cross on October 1, 2017, the Tolling Fees for the ▇▇▇▇▇ Cross Applicable Assets at October 1, 2017 were readjusted as follows: Crude Unit 2: $2.6142/BBL; FCC Unit 2: $12.6614/BBL; and Polymerization Unit: $9.2925/BBL.

  • Notwithstanding any exception from the limitations on Asset Sales and restrictions on the use of Net Cash Proceeds therefrom (other than the exception set forth in clause (D) above), the Company shall not sell the Delayed Coking Unit, the Fluid Catalytic Cracking Unit or the Crude Unit unless the Net Cash Proceeds are deposited in the Construction Disbursement Account pursuant to Section 4.22.

  • Crude Unit 2, the expected conversion ratio of Feedstock to Products is 1 BBL to 1 BBL.

  • The maximum bonus available under this provision shall be $150,000 and the actual amount of bonus shall be prorated if the Pro-Forma EBITDA (as defined in the purchase and sale agreement between EOTT and Pacific Marketing and Transportation LLC) achieved by the West Coast Crude Unit of Pacific Marketing and Transportation LLC for the period July 1, 2001 through June 30, 2003 (the "average 12-month proforma EBITDA") exceeds $2,000,000 but does not exceed $3,500,000.