Ex Tank definition

Ex Tank means the delivery of Product by Seller to Buyer in bulk from the storage tank designated by Seller.
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Ex Tank means the delivery of crude oil by the Seller to the Buyer in bulk from the storage tank designated by the Seller.
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Ex Tank means the delivery of the Product by Seller to Buyer in bulk from the storage tank designated by Seller by an appropriate transport, such as rail tank car. Ex-Tank and Incoterms shall be collectively referred as “Delivery Term.” For Ex-Tank deliveries, the risk of loss and title to the Products shall pass to Buyer as the Product passes the outlet flange of Seller’s storage tank from which the Product is being delivered. For other method of deliveries under the Incoterms, the risk of loss and title to the Products shall pass to Buyer where the risk of loss pass under the applicable Incoterms of each Order. Buyer hereby grants Seller a security interest in all Products purchased hereunder and the proceeds therefrom to secure Buyer’s payment obligations under the Contract. Xxxxx acknowledges that the security interest granted herein is a purchase money security interest under the law of the State of Texas or any other jurisdiction. At Seller’s option, Seller may file a financing statement for such security interest and Buyer shall execute any such statements or other documentation necessary to perfect Seller’s security interest in such Products.
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Examples of Ex Tank in a sentence

  • In the case of Ex Tank and Into Tank deliveries, the quality shall be determined in accordance with test results run on a volumetrically correct composite of samples drawn from the Seller’s tank(s).

  • In the case of an Ex Tank delivery, the quantity shall be determined by using proven meters (if available) at the Seller’s tank(s) manifold exit point.

  • For Ex Tank, Into Tank, In Situ deliveries, a copy of the certificate of quantity and quality (or equivalent documents) for the Goods issued at the relevant Terminal/pipeline facility.

  • The price(s) include delivery F.O.B. Ex Tank from the specified CFS equipment, and include taxes and any other charges relating to the sale of oil bunkers.

  • Section II formulates the authentication problem in terms of biometric traits; Section III presents the different solutions applicable in a fusion/mapping scenario.

  • In the case of Ex Tank and Into Tank deliveries, if both the Seller’s and the Buyer’s tank(s) are active or unable to measure manually, then the quantity and/or quality shall be determined by a mutually acceptable independent inspector appointed pursuant to Section 20.6. The independent inspector shall make its determination in accordance with the methodology mutually agreed by the parties acting in good faith.

  • In the case of delivery Ex Tank or Into Tank, the Buyer shall have the right to appoint an independent inspector at the storage facility, subject to the prior agreement of the relevant storage company having been obtained.

  • In the case of delivery Ex Tank or Into Tank or In Situ transfers, nominations shall be made in accordance with the standard operating procedures of the relevant storage facility or facilities at the Terminal.

  • In the case of Ex Tank, Into Tank or In Situ deliveries, nominations shall be made in accordance with the standard operating procedures of the relevant storage company(ies).

  • In respect of deliveries Ex Tank, Into Tank or In situ, nominations shall, unless otherwise agreed between the parties, be made pursuant to the standard operating terms and procedures of the relevant storage company, in use at the time of delivery.

Related to Ex Tank

  • Storage tank means an aboveground storage tank or underground storage tank as defined by this Regulation.

  • Underground tank means a device meeting the definition of tank whose entire surface area is totally below the surface of and covered by the ground.

  • Slug loading means any pollutant, including oxygen demanding pollutants, released in a discharge at a flow rate and/or pollutant concentration as to cause interference in the POTW.

  • 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:

  • Underground storage tank system means an underground storage tank and the connected underground piping, underground ancillary equipment, and containment system, if 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.

  • Septic tank means a water tight tank designed to receive sewage and to effect the adequate decomposition of organic matter in sewage by bacterial action;

  • Aboveground tank means a device meeting the definition of tank that is situated in such a way that the entire surface area of the tank is completely above the plane of the adjacent surrounding surface and the entire surface area of the tank (including the tank bottom) is able to be visually inspected.

  • Wastewater treatment tank means a tank that is designed to receive and treat an influent wastewater through physical, chemical, or biological methods.

  • Transportation Facilities means any physical facility that moves or assist in the movement of people or goods including facilities identified in OAR 660-012-0020 but excluding electricity, sewage, and water systems.

  • Transportation project means any project that the department is authorized by law to undertake including but not limited to a highway, tollway, bridge, mass transit, intelligent transportation system, traffic management, traveler information services, or any other project for transportation purposes.

  • Transportation facility means any transit, railroad,

  • New tank system means a tank system that will be used to contain an accumulation of regulated substances and for which installation has commenced after December 22, 1988.

  • Tank means an enclosed space which is formed by the permanent structure of a ship and which is designed for the carriage of liquid in bulk.

  • Underground facility means any item which shall be buried or placed below ground for use in connection with the storage or conveyance of water, sewage, electronic, telephone or telegraphic communications, electric energy, oil, gas or other substances, and shall include, but not be limited to pipes, sewers, conduits, cables, valves, lines, wires, manholes, attachments and those portions of poles and their attachments below ground.

  • oil tanker means a ship constructed or adapted primarily to carry oil in bulk in its cargo spaces and includes combination carriers and any “chemical tanker” as defined in Annex II of the present Convention when it is carrying a cargo or part cargo of oil in bulk.

  • Bulk mixing plant means machinery, appliances or other similar devices that are assembled in such a manner so as to be able to mix materials in bulk for the purposes of using the mixed product for construction work;

  • Bulk gasoline plant means a gasoline storage and distribution facility with an average daily throughput of 20,000 gallons (76,000 liters) of gasoline or less on a 30-day rolling average.

  • Interconnection Facilities means the Transmission Owner Interconnection Facilities and the Customer Interconnection Facilities.

  • Electrical Interconnection Facilities means the equipment and facilities required to safely and reliably interconnect a Facility to the transmission system of the Transmitting Utility, including the collection system between each Bloom System, transformers and all switching, metering, communications, control and safety equipment, including the facilities described in any applicable Interconnection Agreement.

  • Underground storage means storage of gas in a subsurface stratum or formation of the earth.

  • Gasoline tank truck means tank trucks or trailers equipped with a storage tank and used for the transport of gasoline from sources of supply to stationary storage tanks or to gasoline bulk facilities.

  • Wastewater treatment plant means a facility designed and constructed to receive, treat, or store waterborne or liquid wastes.

  • chemical tanker means a ship constructed or adapted and used for the carriage in bulk of any liquid product listed in chapter 17 of the International Bulk Chemical Code;

  • Wastewater System means a system of wastewater collection, treatment,

  • 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.