Minimum Heel Inventory definition
Minimum Heel Inventory has the meaning given in to it the OSA. SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE THEY ARE BOTH (I) NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH FIVE ASTERISKS (*****).
Minimum Heel Inventory means a minimum amount of ***** Cubic Meters (***** m3) of LNG Heel required to ensure that the Vessel is in a ready-to-load condition, with the average temperature profile of each LNG cargo tank being in accordance with the requirements of the tank and equipment manufacturers, but in any event the average tank temperature shall be no warmer than ***** centigrade (***** deg C).
Minimum Heel Inventory means the minimum amount of LNG Heel required on board the Vessel, being one thousand five hundred cubic metres (1500 m3) per cargo tank;
Examples of Minimum Heel Inventory in a sentence
Contractor and Customer shall agree, from time to time based on current experience, the quantity of LNG Heel to be retained on board following regasification of LNG for the purpose of cooling, which shall not be less than the Minimum Heel Inventory.