Line Displacement Stock definition

Line Displacement Stock means Fuel used to displace or flush or move existing Fuel in a pipeline.
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Line Displacement Stock means Fuel Delivered (i) to displace Fuel from BPTF piping to Hawaiian Electric’s Kahe or Waiau pipelines during any shutdown of operations of such facilities for reasons including but not limited to emergency, inspection, repair, or maintenance; (ii) to heat up BPTF piping, Hawaiian Electric’s Kahe or Waiau Pipelines subsequent to any shutdown; or (iii) to be used as reasonably required for the use or operation of such facilities in order to facilitate the movement of Fuel into Hawaiian Electric’s tankage at BPTF, Kahe and Waiau.
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Line Displacement Stock means, collectively for this purpose, Diesel Fuel No. 2 and/or Chevron Industrial Fuel Oil No. 6 Delivered to either (i) displace LSFO from BPTF piping, HECO’s Kahe Pipeline or HECO’s Waiau Pipeline during any shutdown of operations of such facilities for reasons including but not limited to emergency, inspection, repair, or maintenance; (ii) heat up BPTF piping, HECO’s Kahe Pipeline or HECO’s Waiau Pipeline subsequent to any shutdown; or (iii) be used as reasonably required for the use or operation of such facilities in order to facilitate the movement of LSFO into HECO’s tankage at BPTF, Kahe and Waiau.
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Examples of Line Displacement Stock in a sentence

  • HECO shall purchase and Chevron shall supply whatever volume of Line Displacement Stock is received into HECO’s LSFO tankage at BPTF, Kahe, Waiau or Iwilei as may be reasonably required by HECO for the operation and maintenance of the HECO Kahe Pipeline and HECO Waiau Pipeline.

  • Local connection within the terms of this scheme will normally mean that an applicant has lived in this borough, through their own choice, for a minimum of 2 years up to and including the date of their application, or the date on which a decision is made on their application whichever is later.

  • Quantities of LSFO and Line Displacement Stock pumped, sold or Delivered by Chevron and purchased or received by HECO hereunder shall be calculated in accordance with the current measurement standards adopted by industry, ASTM, API and other recognized standard-setting bodies as are applicable in the opinion of the Independent Inspector and shall be expressed in G.S.V., U.S. barrels at 60 degrees Fahrenheit.

  • Participants were asked how they created the knowledge required for managing projects.

  • HECO's minimum purchase obligation and Chevron's maximum purchase obligation set forth in Article 3 shall be reduced by each physical barrel of Line Displacement Stock sold.

  • Section 9.1: Invoices Invoices for the services performed pursuant to Articles 3, 4, 5, and 6 and for Line Displacement Stock sold will be prepared and dated following delivery and shall be rendered from time to time each calendar month.

  • The price of No. 5 fuel oil used as Line Displacement Stock shall be the [---] in the Inter-Island Supply Contract, if such a supply contract is in effect; otherwise its price shall be the then-current Honolulu posted price for No. 5 fuel oil, less normally available discounts, if any, at the time of purchase.

  • Section 9.l: Line Displacement Stock HECO shall purchase and Chevron shall supply whatever volume of Line Displacement Stock is reasonably required for Chevron to complete the Deliveries of LSFO that is received into HECO's tankage at Kahe, Waiau and Iwilei.


More Definitions of Line Displacement Stock

Line Displacement Stock means, collectively for this purpose, Chevron Diesel Fuel No. 2, Chevron Industrial Fuel Oil No. 6 or Chevron Industrial Fuel Oil No. 5 reasonably required for Chevron to complete the Deliveries of LSFO into HECO's tankage at Kahe, Waiau and Xxxxxx.
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Line Displacement Stock means any petroleum product needed by Chevron, for line displacement purposes, to facilitate the deliveries of LSFO to HECO'S power plants. 12 "LSFO" means Low Sulfur Fuel Oil meeting specifications per Addendum 2. (This includes both Chevron and third party LSFO purchased by HECO for use in its power plants at Waiau, Honolulu, and Kahe). 13 "LSFO Supply Contract" means that certain separate agreement between Chevron and HECO of even date herewith, known as the Low Sulfur Fuel Oil Supply Contract 14 "Maintenance Charge" means a monthly maintenance charge on each section of the pipeline used by HECO,as set forth in Section 3.3C. 15 "Major Maintenance Year" - a Year during which Chevron schedules to perform major repair work on the Pipelines or HECO's BPTF such as major pipeline replacement work and/or performs major testing work 16 "Marine Facilities" means Chevron's Barbers Point tanker mooring facilities and one of Chevron's submarine lines, as set forth in Section 4.1. 17 "Non-Adjusting Capital Charge" means a monthly capital charge for the Kahe, Waiau, and Iwilei components of Pipelines and the modifications thereof as set forth in Section 3.3.A 18 [---] means the [---] in addition to the following: a) [---] b) [---] c) [---] d) [---] 1. [---] *** PAGE BREAK HERE *** 2. [---] e) [---] f) [---] g) [---] h) [---]
Sample 1
Line Displacement Stock. “ means, collectively for this purpose, Diesel Fuel No. 2, Chevron Industrial Fuel Oil No. 6 or Chevron Industrial Fuel Oil No. 5 Delivered to either (i) displace LSFO from BPTF piping, HECO’s Kahe Pipeline, Chevron’s Black Oil Pipeline or HECO’s Black Oil Pipeline during any shutdown of operations of such facilities for reasons including but not limited to emergency, inspection, repair, or maintenance; (ii) heat up BPTF piping, HECO’s Kahe Pipeline, Chevron’s Black Oil Pipeline or HECO’s Black Oil Pipeline subsequent to any shutdown; or (iii) be used as reasonably required for the use or operation of such facilities in order to facilitate the movement of LSFO into HECO’s tankage at BPTF, Kahe, Waiau and Iwilei.
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Related to Line Displacement Stock

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  • Feedstock Gas means natural gas used as a raw material for its chemical properties in creating an end product.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

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  • Involuntary Displacement means the involuntary acquisition of land resulting indirect or indirect economic and social impacts caused by: Loss of benefits from use of such land; relocation or loss of shelter; loss of assets or access to assets; or loss of income sources or means of livelihood, whether or not the Displaced Persons has moved to another location; or not.

  • Active NFFE means any NFFE that meets any of the following criteria:

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  • Vapor product means any:

  • Passive NFE Under the CRS a “Passive NFE” means any NFE that is not an Active NFE. An Investment Entity located in a Non-Participating Jurisdiction and managed by another Financial Institution is also treated as a Passive NFE for purposes of the CRS.

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  • Parent Stock Plan has the meaning set forth in Section 6.2(a).

  • Displaced as used in this Article means when the work an employee is performing is contracted to another entity outside state government and the employee is removed from his/her job.

  • Parent Stock means the common stock, par value $0.01 per share, of Parent.

  • Constructive Sale means, with respect to any security, a short sale or entering into or acquiring an offsetting derivative contract with respect to such security, entering into or acquiring a futures or forward contract to deliver such security or entering into any other hedging or other derivative transaction that has the effect of materially changing the economic benefits and risks of ownership of such security.

  • INDEPENDENT STOCK APPRECIATION RIGHT or "INDEPENDENT RIGHT" means a right granted pursuant to subsection 8(b)(3) of the Plan.

  • Gasoline dispensing facility means any site where gasoline is dispensed to motor vehicle gasoline tanks from stationary storage tanks.

  • Gas Transporter means the licensed operator of the transportation network through which gas is transported to you;

  • CONCURRENT STOCK APPRECIATION RIGHT or "CONCURRENT RIGHT" means a right granted pursuant to subsection 8(b)(2) of the Plan.

  • Disqualifying offense means a conviction directly related to the duties and responsibilities of the profession. A conviction is directly related to the duties and responsibilities of the profession if either

  • Parent Stock Price means the average of the volume weighted averages of the trading prices of Parent Common Stock on the NYSE (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by Parent and the Company in good faith) on each of the five (5) consecutive trading days ending on the trading day that is two (2) trading days prior to the Closing Date.

  • Waterborne disease outbreak means the significant occurrence of an acute infectious illness, epidemiologically associated with the ingestion of water from a public water system which is deficient in treatment, as determined by the Division.

  • inert waste means waste that—

  • Pressurized gas duster means a pressurized product labeled to remove dust from a surface solely by means of mass air or gas flow, including surfaces such as photographs, photographic film negatives, computer keyboards, and other types of surfaces that cannot be cleaned with solvents. “Pressurized Gas Duster” does not include “Dusting Aid.”