Into Tank definition

Into Tank means, in relation to a transfer, sale or purchase of the Goods whereby title to the Goods are delivered by transfer from one storage tank into another tank in the same storage facility, as may be provided for in the Contract.
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Into Tank means the delivery of Product by Seller to Buyer in bulk into the storage tank designated by Buyer. “In Situ” (Stock Transfer) shall mean the sale and purchase of Product in bulk as specified in the Special Provisions within the storage tank designated by Buyer and agreed to by Seller and without any obligation of physical delivery by Seller to Buyer.
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Into Tank means the delivery of Product by the Seller to the Buyer in bulk into the storage tank designated by the Buyer.
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Examples of Into Tank in a sentence

  • Museveni Begins Probe Into Tank Purchase,” The New Vision (Kampala), January 2, 1999, reprinted on the FBIS Internet site, January 2, 1999; “Zimbabwe: Official Denies Extra Funds Sought for DRC War,” South African Press Agency, Johannesburg, May 20, 1999, reprinted on the FBIS Internet site, May 20, 1999.

  • Topology Distortion TaxonomyBased on unclonable neighbourhoods we can create a taxonomy of topology distortions, with the aim of developing distortion detection methods.

  • 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).

  • 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.

  • 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.


More Definitions of Into Tank

Into Tank means the delivery basis whereby Seller delivers the Crude Oil to the Buyer’s receiving storage tank and title passes to the Buyer in accordance with the Delivery Term.
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Into Tank and “Ex Tank” means, in relation to a transfer, sale or purchase of Oil whereby the Oil is delivered by transfer from one storage tank into another tank in the same storage facility, as provided for in the Specific Agreement;
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Related to Into Tank

  • 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:

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

  • Water System means the plants, structures and other

  • 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;

  • public sewer or drain means a sewer or drain which belongs to a sewerage undertaker, the Environment Agency, an internal drainage board or a local authority; and

  • Aquifer means a geologic formation, group of formations, or part of a formation capable of yielding a significant amount of groundwater to wells or springs.

  • Vegetation means trees, shrubs, nursery stock and other vegetation and includes the limbs or growth of any Vegetation.

  • Groundwater means all water, which is below the surface of the ground in the saturation zone and in direct contact with the ground or subsoil.

  • Environment means soil, surface waters, ground waters, land, stream, sediments, surface or subsurface strata and ambient air.