Net Gallon definition
Net Gallon means the volumetric measurement, in U.S. gallons, of a Product actually loaded and measured at the point of shipment, adjusted to the number of U.S. gallons that would have been loaded at a temperature of sixty degrees Fahrenheit (60°F). The conversion ratio shall be from the current American Society for Testing and Materials (“ASTM”) IP Petroleum Measurement Tables.
Net Gallon means a U.S. gallon of petroleum product of 231 cubic inches at 60 degrees Fahrenheit and a pressure of 14.7 pounds per square inch (1 atmosphere).
Net Gallon means each U.S. gross gallon of Ethanol (temperature corrected to 60° degrees F) Delivered under this Agreement.
More Definitions of Net Gallon
Net Gallon means the gross metered gallon with temperature correction in volume to 60 degrees Fahrenheit.