Heel definition

Heel means that residual amount of LNG in each LNG storage tank at the ▇▇▇▇ Terminal, in excess of the sum of SNALNG and all other customers’ inventories of LNG in such storage tank, as recommended by the tank manufacturer or consistent with accepted industry practice for such purpose in order to maintain an operationally cryogenic state in each LNG storage tank.

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Heel means a quantity of LNG required to be maintained by SABINE in the Sabine Pass Facility to allow the provision of Services to Customer and Other Customers. For the purpose of those calculations set forth in Section 5.3(e)(iii) and 5.3(h)(i)a., the aggregate amount of Heel and Retainage shall be limited to one million one hundred thousand (1,100,000) MMBTUs.

Heel means a quantity of LNG required to be maintained by SABINE in the Sabine Pass Facility to allow the provision of Services to Customer and Other Customers. For the purpose of those calculations set forth in Section 3.3(c)(iii) and 5.2(d)(ii), the aggregate amount of Heel and Retainage shall be limited to one million one hundred thousand (1,100,000) MMBTUs.

Examples of Heel in a sentence

• Customer shall be required to keep a Tank Heel inventory in the Biodiesel tanks in proportion with the number of active inventory holders in the tanks.

• TRMC shall be required to keep a Tank Heel inventory in the Biodiesel tanks in proportion with the number of active inventory holders in the tanks.

• In the case Owners do not wish to retain any LNG Heel, the Vessel shall be instructed to heel out.

• In the event the last discharge port rules forbid Charterers to heel out, any LNG Heel remaining onboard the Vessel will be purchased by the Owner at one half (1/2) the Fuel Oil Equivalency price or one half (1/2) the Charterers ex-ship LNG price, whichever is lower.

• Any LNG Heel retained onboard after completion of discharge as a result of unpumpable quantities or the Terminal’s instructions to complete discharge shall be kept by Owners free of costs.

• DC Hotel Trust 1% common stock DC Hotel Trust Pebblebrook Hotel, L.P. 100% common shares Tar Heel Borrower LLC Tar Heel Owner LLC 100% Tar Heel Owner LLC Pebblebrook Hotel, L.P. 100% Tar Heel Lessee LLC Pebblebrook Hotel Lessee, Inc.

• If there will be a net reduction in the Tank Heel volume following such operations Buyer shall purchase such reduction quantity of Tank Heel volume pursuant to the terms of Clause 5(j)(ii)(2), with the volume of such Tank Heels purchase being treated as an interim purchase by Buyer.

• Where, due to the off-hire occurring during a ballast passage, all LNG Heel is lost as Boil-Off prior to the Vessel next commencing to load, such Boil-Off shall be deemed to have occurred at a constant rate equal to that which occurred during the Vessel’s last previous ballast voyage.

• Portland Hotel Trust 1% common stock Portland Hotel Trust Pebblebrook Hotel, L.P. 100% common shares Tar Heel Borrower LLC Tar Heel Owner LLC 100% Tar Heel Owner LLC Pebblebrook Hotel, L.P. 100% Tar Heel Lessee LLC Pebblebrook Hotel Lessee, Inc.

• Heel, Dalmatius van, ‘Stukken, betreffende de genezing van Anna Jans van Nikarke uit Amersfoort, 2 Augustus 1703’, in: AAU 27 (1901), p.

More Definitions of Heel

Heel means the downhole coordinates at which the horizontal portion of the Well begins, as described on the As Drilled Survey.

Heel means that volume of Propane which must remain in the storage tank at the Terminal to maintain its refrigerated integrity. This quantity shall be the last two feet (2') remaining in the storage tank or additional quantity as may be mutually agreed by the parties.

Heel means, with respect to a given Cargo, the volume or quantity of LNG specified in the relevant Confirmation: (i) in the case of a DES delivery, to be retained by the LNG Vessel after unloading of such Cargo; or (ii) in the case of an FOB delivery, expected to be on board the LNG Vessel prior to loading such Cargo.

Heel means, with reference to the As Drilled Survey, either: for a Royalty Allocation Well in which intermediate casing is set within the formation being drilled horizontally, the downhole coordinates of the applicable Horizontal Leg corresponding to the bottom of the intermediate casing; or

Heel means the minimum amount of liquefied natural gas which is required to be present in the RGT in order to ensure safe, secure and reliable operations of the terminal;