Ncum definition

Ncum means normal cubic meters.
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Examples of Ncum in a sentence

  • If the Company’s first phase is able to produce Net Syngas in excess of 22,000 Ncum an hour, then the Company shall offer to sell to Hai Hua all such excess synthesis gas, at the rates set out in Appendix V.

  • For the avoidance of doubt, the discounts listed in this Appendix V shall only apply to the Capacity Fee for quantities above 22,000 Ncum of Net Syngas.

  • If during the first twelve (12) months after the Commercial Operation Date the Company’s usage of coke oven gas exceeds 100,000 Ncum, then the Company shall pay Hai Hua for any amounts of coke oven gas consumed above 100,000Ncum, as outlined in Appendix III.

  • The Monthly Capacity fee can also be expressed in RMB per Ncum of Net Syngas for purposes of calculating the Initial Synthesis Gas Price as set out in Section 6.2, as follows: The monthly Capacity Fee expressed in Table IV-1 divided by 22,000 Ncum of Net Syngas divided by 660 hours (7,920 hours in a Year after deducting 35 days for Planned Outages).

  • If the Plant can produce Net Syngas in excess of 22,000 Ncum an hour from its phase I equipment, then Hai Hua may request that the Company deliver additional synthesis gas quantities and the Company shall sell such additional synthesis gas to Hai Hua.

  • Such syngas price should not be higher than the syngas price in this Contract of RMB */Ncum of syngas (after deducting the cost of additional operating costs and equipment cost necessary for producing syngas that is suitable for direct methanol production).

  • In Year 1, the Capacity Fee portion of the Initial Syngas Price = RMB #/Ncum of Net Syngas.

  • In Year 1, the Capacity Fee portion of the Initial Syngas Price = RMB */Ncum of Net Syngas.

  • Such syngas price should not be higher than the syngas price in this Contract of RMB #/Ncum of syngas (after deducting the cost of additional operating costs and equipment cost necessary for producing syngas that is suitable for direct methanol production).

Related to Ncum

  • Performing Non-Cash Pay High Yield Securities means Performing High Yield Securities other than Performing Cash Pay High Yield Securities.

  • Preferred Equity Interest in any Person, means an Equity Interest of any class or classes (however designated) which is preferred as to the payment of dividends or distributions, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such Person, over Equity Interests of any other class in such Person.

  • Performing Cash Pay High Yield Securities means High Yield Securities (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Not off-vehicle charging hybrid electric vehicle (NOVC-HEV) means a hybrid electric vehicle that cannot be charged from an external source.

  • Consolidated Total Funded Indebtedness (i) obligations under any derivative transaction or other Hedging Agreement, (ii) undrawn Letters of Credit, (iii) Earn-Outs to the extent not then due and payable and if not recognized as debt on the balance sheet in accordance with GAAP and (iv) leases that would be characterized as operating leases in accordance with GAAP on the date hereof.