Normal Butane definition

Normal Butane as used herein means butane that satisfies the specification for normal butane set forth in Item No. 15, Specification C.

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Normal Butane means Hydrocarbon Inventory categorized on the Charge and Yield Report as Butane.

Normal Butane means a liquid hydrocarbon stream which meets the specifications set forth in Exhibit "A".

Examples of Normal Butane in a sentence

• Buyer shall not charge Seller for the receipt, storage or handling of the Normal Butane since this arrangement is conducted as an accommodation to Buyer.

• Each Daily Activity Report shall also include a breakdown between Isobutane and Normal Butane and reflect the applicable ▇▇▇▇ of lading for each railcar.

• For contained Normal Butane delivered from March through September: The arithmetic average of the high/low Oil Price Information Service Mont Belvieu, Texas Eastern Pipeline posting for spot purchases of normal butane for each publication day less 3.0 cents/gallon less 0.10 cents/gallon marketing fee multiplied by the Inflation Factor less Fractionation Fee multiplied by the quantity of the Product delivered on that day weighted by the respective volume of normal butane in the delivered Product.

• Daily Price to be OPIS TET Normal Butane Mt Belvieu Mean [REDACTED] $[REDACTED]/bbl.

• For the purpose of this Agreement, the fixed liquid hydrocarbon recovery percentages (“Fixed Recovery Percentages”) are as follows: Ethane ** Propane ** Iso-Butane ** Normal Butane ** Natural Gasoline ** The foregoing Fixed Recovery Percentages are based on the condition that the Btu content of Producer’s Gas delivered at the Receipt Point is at least ** Btus.

• Pubco previously provided to Four Leaf or its counsel true and correct fully executed copies of each written Material Contract.

• Normal Butane Same methodology as Propane, except use Butane price Field Butane Same as Normal Butane price Isobutane Same methodology as Propane, except use Isobutane price Olefins Same net price as used for Premium Unleaded Gasoline, less $.156/gal.

• Pur Ethanol Regular OPIS Net Minneapolis Sub Octane Low OPIS Net Minneapolis Sub Octane Low Mont Belview Non-TET Normal Butane Mont Belview Non-TET Isobutane OPIS ULS Kerosene Argus VGO 5% USGC Barge Prompt Houston Close Argus VGO .5% USGC Barge Prompt Houston Close OPIS B100 Biodiesle Assume 70% Propylene, 30% Propane Mont Belview Non-TET Propane Asphalt Weekly Monitor MN Avg.

• Daily Price to be OPIS TET Normal Butane Mt Belvieu Mean plus $4.62/bbl.

• Normal Butane OPIS monthly average (of daily high and low) price for Napoleonville normal butane, less $0.0125/gallon.

More Definitions of Normal Butane

Normal Butane the volume, stated in barrels, of the Normal Butane sold during the Inventory Interim Period as set forth in bills of lading acknowledged by Third Parties;

Normal Butane means normal butane meeting the specifications listed on Exhibit "C" attached hereto and made a part hereof.