LSFO definition

LSFO means Low Sulfur Fuel Oil of the quality specified at Exhibit A (LSFO Specifications).
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LSFO means Low Sulfur Fuel Oil meeting customary industry fuel oil specifications and having a sulfur content not greater than 0.5%.
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LSFO means marine fuel oil with the sulphur content of less than 1% of weight.
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Examples of LSFO in a sentence

  • Nothing in Article 11 shall relieve HECO of the obligation to pay in full in United States currency for the LSFO sold and Delivered hereunder and for other amounts due by HECO to Chevron under this Contract.

  • In the event of any suspension or reduction of sales and Deliveries under Article 11, Chevron shall not be obligated to sell and HECO shall not be obligated to buy, after the period of suspension or reduction, the undelivered quantity of LSFO which normally would have been sold and Delivered hereunder during the period of suspension or reduction.

  • HECO shall not be obligated to purchase, receive or use LSFO to the extent that performance of this Contract in the customary manner is prevented, restricted or delayed by a Contingency.

  • Any remedy of non-conforming LSFO accepted by HECO under this Section 6.8 (Disputes Regarding Quality or Quantity) shall not operate or be construed to remedy any similar non-conforming LSFO or to change the Specification of LSFO acceptable to HECO under the terms of this Contract.

  • SELLER shall furnish HSE Data to, and otherwise inform, SELLER’s nominated vessel of all such risks, and the ship’s master shall advise and instruct all crew, seamen and employees about the hazards, if any, associated with LSFO and the safe and proper methods of handling and storing LSFO.

  • For Marine Deliveries, such Certificate shall conform to the one provided to SELLER by its supplier of LSFO.

  • Notwithstanding the preceding, HECO shall always have the right to refuse Delivery of any Product with prior written notice to SELLER or its permitted agents if HECO in good faith shall have reason to believe that the LSFO tendered for Delivery does not meet the Specification.

  • Beginning with the month of the Commencement Date, Chevron shall sell and Deliver to HECO and HECO shall purchase and receive from Chevron, LSFO at a reasonably uniform rate during each month.

  • If Chevron or HECO has reason to believe that the quality of LSFO stated for an individual Marine Delivery is not in conformance with the qualities described in Article 4, Chevron and HECO shall attempt to resolve the quality problem pursuant to the provisions of Section 7.4.

  • SELLER warrants that it is fully informed concerning the nature and existence of risks posed by transporting, storing, using, handling and being exposed to LSFO.


More Definitions of LSFO

LSFO means Chevron Low Sulfur Fuel Oil No. 6 per Addendum 2. 2. "physical barrel" means 42 American bulk gallons at 60 degrees F. 3. "year" means a calendar year.
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LSFO means Low Sulfur Fuel Oil of the quality specified in Article 4.
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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) [---]
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Related to LSFO

  • Delivery Point(s) means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

  • Delivery Point ; shall mean the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Quantity means either tonnage or volume, depending on which term is the standard in the mining industry for the type of mineral;