Equivalent Volume definition

Equivalent Volume means a volume of Shipper’s Oil equal to (x) the volume of Shipper’s Oil received by Gatherer at the Receipt Points, minus (y) Shipper’s proportionate share of Lost Oil.
Equivalent Volume means, each Day, a volume of Crude Oil that is equivalent to the volume of Crude Oil delivered by Producer at the Receipt Point(s) on such Day, less a volume of Crude Oil equal to Producer’s Pipeline Loss Allowance.
Equivalent Volume means the total amount of heads, blocks, and other aluminum component tons divided by the equivalence factor of 30 pounds;

Examples of Equivalent Volume in a sentence

  • Shipper may tender gas to HIOS at the Points of Receipt specified in the Agreement, and HIOS shall receive such gas at said Points of Receipt and redeliver an Equivalent Volume for the account of Shipper at the Points of Delivery specified in said agreement.

  • Shipper may tender Gas to HIOS at the Points of Receipt specified in said Agreement, and HIOS shall receive such Gas at said Points of Receipt and redeliver an Equivalent Volume for the account of Shipper at the Points of Delivery in said Agreement.

  • In the case where access to the Basement Space is constructed on any additional façade, the floor level of the Basement Space which is along the access area will be used as the current ground level in the Equivalent Volume calculation.

  • Equivalent Volume - A volume of gas which has been calculated in accordance with Exhibit A and corrected for differences in Btu content and unrestored Plant Volume Reduction (PVR).

  • Gatherer has no obligation to deliver for the account of a Shipper a greater quantity of Gas than the Equivalent Volume to the quantity of Gas Gatherer received for the account of the Shipper.

  • Producer will make all necessary arrangements with pipelines or other third parties downstream of the applicable Delivery Points as necessary to accept Gatherer’s delivery of an Equivalent Volume of Producer’s Crude Oil.

  • In situations where the side elevations of the Basement Space are partially above the current ground level, the principle of Equivalent Volume will be used to calculate the Gross External Floor Area excluded from the Plot Ratio calculation.

  • Gather has no obligation to accept for the account of the Shipper on any Day a greater quantity of Gas than the quantity which corresponds to the Equivalent Volume being taken at the Delivery Point for the account of the Shipper on such Day.9.2 MONTHLY IMBALANCES, NETTING AND OFFSETTING.

  • While Eshelby-Kro¨ner model can handle a single grain-morphology, shared by every inclusion constituting the Representative Equivalent Volume (REV) of the material, this theoretical approach fails to represent a morphologic texture featuring various grain shapes and/or a relative disorientation of the morphologies coexisting among the same REV.

  • Refer to Mineral Rights Information Bulletin 2004-01 for background information on the change:www.energy.gov.ab.ca Energy Adjusted Gas Equivalent Volume ReportEffective June 2004 royalty clients can now make a request to receive their 2002 and 2003 Energy Adjusted Gas Equivalent Volume (EAGEV) report via the Petroleum Registry.


More Definitions of Equivalent Volume

Equivalent Volume means the method used to calculate the area within a basement that counts towards GEFA. This methodology assists in the conversion of volume to area in order to produce the square metre equivalent for the purpose of calculating GEFA;
Equivalent Volume means a volume of Shipper's Oil equal to (x) the volume of Shipper's Oil received by Gatherer at the Receipt Points, minus (y) Shipper's proportionate share of Lost Oil.
Equivalent Volume. (Veq) means the equivalent storage volume of a hot water storage tank, in litres, with the same V40 as any storage facility capable of delivering heated drinking or sanitary water of at least 65°C after being appropriately charged, as set out in Annex VIII, section 4, sub (d);

Related to Equivalent Volume

  • Equivalent Load means the sum of a Market Participant’s net system requirements to serve its customer load in the PJM Region, if any, plus its net bilateral transactions.

  • Equivalent method means any method of sampling and analyzing for an air pollutant that has been demonstrated to the satisfaction of the commissioner and the U.S. EPA to have a consistent and quantitatively known relationship to the reference method under specific conditions.

  • Equivalent Amount of any currency with respect to any amount of Dollars at any date shall mean the equivalent in such currency of such amount of Dollars, calculated on the basis of the Exchange Rate for such other currency at 11:00 a.m., London time, on the date on or as of which such amount is to be determined.

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.

  • DBRS Equivalent Rating means, with respect to any date and any Person with respect to whom DBRS does not maintain a public Relevant DBRS Rating as of such date,

  • Aluminum equivalent means the thickness of type 1100 aluminum alloy affording the same attenuation, under specified conditions, as the material in question.

  • Dose equivalent (HT means the product of the absorbed dose in tissue, quality factor, and all other necessary modifying factors at the location of interest. The units of dose equivalent are the sievert (Sv) and rem.

  • Equivalent position means employment in an equivalent position, in relation to the employee’s previous position, that is:  generally similar in role, duties and status; and  requires similar qualifications, training, skills and experience but may have a different title/or unit allocation; and • is in the same general locality; and • is on terms and conditions of employment that are no less favourable than those that applied to the employee immediately before the offer of employment.

  • Call Equivalent Position shall have the meaning set forth in Rule 16a-1(b) under the Exchange Act.

  • Carbon dioxide equivalent or “CO2 equivalent” or “CO2e” means the number of metric tons of CO2 emissions with the same global warming potential as one metric ton of another greenhouse gas. Global warming potential values shall be determined consistent with the definition of Carbon Dioxide Equivalent in MRR section 95102(a).

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Strip Price means, at any time, (a) for the remainder of the then-current calendar year, the average NYMEX Pricing for the remaining months in such calendar year, (b) for each of the succeeding three complete calendar years, the average NYMEX Pricing for the twelve months in each such calendar year, and (c) for the succeeding fourth complete calendar year and each calendar year thereafter, the average NYMEX pricing for the twelve months in such fourth calendar year.

  • Average Daily Trading Volume means, with respect to any date, the average of the daily trading volumes for the Class A Common Stock on the Principal Trading Facility for the thirty (30) Trading Days immediately preceding such date.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Equivalent Shares means Preferred Shares and any other class or series of capital stock of the Company which is entitled to the same rights, privileges and preferences as the Preferred Shares.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Compounded Daily SOFR means, in relation to a Floating Rate Interest Period, the rate of return of a daily compound interest investment (with SOFR as reference rate for the calculation of interest) during the related Observation Period and will be calculated by the Calculation Agent on the related Interest Determination Date as follows: Where:

  • Compounded Daily SONIA means with respect to an Interest Accrual Period, the rate of return of a daily compound interest investment during the Observation Period corresponding to such Interest Accrual Period (with the daily Sterling overnight reference rate as reference rate for the calculation of interest) and will be calculated by the Calculation Agent (or such other party responsible for the calculation of the Rate of Interest, as specified in the Final Terms or Pricing Supplement) on the relevant Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards: Where:

  • Morphine equivalent dose means a conversion of various opioids to a morphine equivalent dose by the use of accepted conversion tables.

  • Aggregate Industry Equivalent Unit Score is then calculated for each S&P Industry Classification, shown on Schedule 2, and is equal to the sum of the Equivalent Unit Scores for each issuer in such industry classification group.

  • Average VWAP per Common Unit over a certain period shall mean the arithmetic average of the VWAP per Common Unit for each Trading Day in such period.

  • Formula Price means the highest of: (a) the highest composite daily closing price of the Stock during the period beginning on the 60th calendar day prior to the Change of Control and ending on the date of such Change of Control, (b) the highest gross price paid for the Stock during the same period of time, as reported in a report on Schedule 13D filed with the Securities and Exchange Commission, or (c) the highest gross price paid or to be paid for a share of Stock (whether by way of exchange, conversion, distribution upon merger, liquidation or otherwise) in any of the transactions set forth in Section 9 of the Plan as constituting a Change of Control; provided that in the case of the exercise of any such Right related to an Incentive Stock Option, “Formula Price” shall mean the Fair Market Value of the Stock at the time of such exercise.

  • USD Equivalent means (i) in respect of each FX Offsetting Transaction, each FX Direct Transaction and each Reverse Dealer Transaction that is a FX Transaction or Currency Option Transaction (assuming (1) the exercise of any Currency Option Transaction and (2) in respect of any Non-Deliverable FX Transaction, the actual exchange of the amounts of the relevant currencies), (y) if there is a USD amount payable either to or by JPMC under such FX Offsetting Transaction, FX Direct Transaction, or Reverse Dealer Transaction, as the case may be, such USD amount or (z) if there is no USD amount payable either to or by JPMC under such FX Offsetting Transaction, FX Direct Transaction, or Reverse Dealer Transaction, as the case may be, then the Dollar Value, determined by JPMC, of the amount of currency payable to JPMC under such FX Offsetting Transaction or Reverse Dealer Transaction, as the case may be, and (ii) in respect of each Bullion Offsetting Transaction, each Bullion Direct Transaction, or Reverse Dealer Transaction that is a Bullion Trade or Bullion Option, as the case may be, (assuming the exercise of any Bullion Option), the Dollar Value, determined by JPMC, of the relevant quantity of Bullion payable to JPMC under such Bullion Offsetting Transaction, Bullion Direct Transaction, or Reverse Dealer Transaction, as the case may be,.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Cash Component means that portion, if any, of the Conversion Shares Offer Consideration consisting of cash.

  • Daily Price means, for any relevant day, the closing price on that day (or if there is no closing price the last bid price) as reported by the principal exchange or quotation system on which prices for the Common Stock are reported. On the redemption date the holders of record of redeemed Warrants shall be entitled to payment of the Redemption Price upon surrender of such redeemed Warrants to the Company at its principal office.