Net MMBTU definition

Net MMBTU s of Steam" shall mean the total of the BTU content per pound of all Useable Steam produced and delivered by Seller to Buyer during a month (measured at Buyer's Metering Station) times the number of pounds of steam, reduced by the BTU content per pound of all Acceptable Condensate delivered by Buyer to Seller during such month times the number of Acceptable Condensate pounds (measured at Seller's Metering Station), divided by one million, or in any month Buyer produces steam at its own Facility, the BTU content per pound of all steam generated at Buyer's Facility (measured at Buyer's Metering Station) times the number of pounds of steam reduced by the BTU content per pound of all Acceptable Condensate delivered by Buyer to boilers in Buyer's Facility during such month times the number of Acceptable Condensate pounds (measured at Buyer's Metering Station) divided by one million. If, in any given month, Seller
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Examples of Net MMBTU in a sentence

  • Based upon such net energy value of Conforming Steam (provided Conforming Steam quantities are at or above the Minimum Steam Supply Obligation), the Feed Water Processing Fee is ***** dollars ($*****) per Net MMBTU.

  • Based upon such net energy value of Conforming Steam (provided Conforming Steam quantities are at or above the Minimum Steam Supply Obligation), the Feed Water Processing Fee is ***** dollars ($ ***** ) per Net MMBTU.

  • Based upon such net energy value of Conforming Steam (provided Conforming Steam quantities are at or above the Minimum Steam Supply Obligation), the Feed Water Processing Fee is ***** per Net MMBTU.

Related to Net MMBTU

  • MMBtu means one million British thermal units.

  • Net gallons means the amount of motor fuel measured in gallons when adjusted to a temperature of

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • Net Sales Price means the total invoiced amount for each Licensed Product sold, minus, where separately itemized on the invoice, any applicable costs related to packaging, insurance, shipping, delivery, standard trade discounts, sales taxes [including Value Added Tax], freight, and duty charges. However, if the Licensed Products are: (i) sold or distributed in a transaction that is not conducted at arm’s length; or (ii) sold or distributed to a Licensee affiliate, then the Net Sales Price for such transactions shall be calculated based on the price that would have been charged under this Agreement in a comparable sale to an unrelated third-party buyer at arm’s length;