NSV definition

NSV means, with respect to any measurement of volume, the total liquid volume, excluding basic sediment and water and free water, corrected for the observed temperature to 60º F.
View Source
NSV. Has the meaning determined in Sección 5.05(a) of this Agreement.
View Source
NSV means, with respect to any measurement of volume, the total liquid volume, excluding basic sediment and water and free water, corrected for the observed temperature to 60 degrees Fahrenheit.
View Source

Examples of NSV in a sentence

  • In the volumes’ registration process two (2) kinds of units are used to report the movements of crude oil of the system, as follows: ▪ All the information regarding distribution of the ownership of the volume in inventories of the system is made in NSV.

  • The “Supplied Volume” shall be the total NSV for all Vessels Supplying Oil and Feedstock during the Month M between such deemed MonthEnds.

  • NSV may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Prana such consent not to be unreasonably withheld.

  • The volume will be calculated as Net Standard Volume (NSV) and it shall be construed as the total volume of all the petroleum liquids, excluding sediment and water (BSW) at a standard temperature of 60º F.

  • The volume will be calculated as Net Standard Volume (NSV) and it shall be construed as the total volume of all the petroleum liquids, excluding sediment and water (BSW) art a standard temperature of 60º F.


More Definitions of NSV

NSV means net standard volume.
View Source
NSV or “Net Standard Volume” means the total volume of all petroleum liquids, excluding sediment and water and free water, corrected by the appropriate volume correction factor for the observed temperature and API Gravity, relative density, or density to a standard temperature such as 60 degrees Fahrenheit and also corrected by the applicable pressure correction factor and meter factor.
View Source
NSV means the net standard volume which shall be the total volume of all petroleum liquids, excluding BS&W and free water, corrected by the appropriate volume correction factor for observed temperature and API Gravity, relative density or density to a standard temperature such as 60°F or 15°C and also corrected by the applicable pressure correction factor and meter factor.
View Source
NSV means the total volume of all petroleum liquids, excluding S&W and Free Water, corrected to standard temperature and pressure.
View Source
NSV means net standard volume of Oil or Feedstock.
View Source
NSV means net standard volume of Oil.
View Source
NSV means the total net sales value of all products sold by the Business, regardless of the sales channel through which such products are sold; provided, however, that beginning May 1, 2010, NSV shall not include sales made through Heinz pursuant to a renewal of the Heinz Foodservice and Distribution Agreement or an agreement replacing the Heinz Foodservice and Distribution Agreement.
View Source