Shrinkage Factor definition

Shrinkage Factor means the factor used to convert Rich Gas processed at Kårstø gas plant, Kollsnes gas plant or at the Heimdal platform to resultant Dry Gas as described in article 10.
View Source
Shrinkage Factor has the meaning given in Section D paragraph 4.3.1 of the IUK Access Code;
View Source
Shrinkage Factor means in respect of raw gas produced from a Production Source and delivered into the Pipeline System at a Receipt Point for processing at a Processing Plant, the factor to be used to convert the Authorized Receipt Volume to the Authorized Raw Gas Receipt Volume for any day in a month.
View Source

Examples of Shrinkage Factor in a sentence

  • The Dust Factor is in addition to the Shrinkage Factor setout in section A5.

  • For the purposes of determining the amount of any Contract Demand Credits in accordance with Section 8.01 in respect of Firm Transportation Service – Northern, Temporary Firm Service or Short Term Firm Service with a Delivery Point at the Straddle Plant Delivery Point, the volume differential to be used in the calculation of those credits shall be a volume of gas equal to the product obtained by multiplying the applicable volume differential specified in Section 8.01 by the Straddle Plant Shrinkage Factor.


More Definitions of Shrinkage Factor

Shrinkage Factor means the amount of Total Trust Position as defined expressed as a percentage of liquid or near liquid assets. It is calculated as follows: Cash on hand plus Contracts in transit plus Vehicle Accounts receivable plus new and used inventory minus new and used vehicle liability divided by the sum of Cash on hand, contracts in transit, Vehicle Accounts receivable, new and used inventory.
View Source
Shrinkage Factor has the meaning given in Section D paragraph 4.3.1 of the IUK Access Code; “Single Sided Nomination” has the meaning given in Section C paragraph 1.2.2 of the IUK Access Code;
View Source

Related to Shrinkage Factor

  • Leverage Factor means the leverage factor in respect of a Series of ETP Securities as specified in the relevant Final Terms.

  • Load factor means the percentage of aircraft seats actually occupied on a flight (RPMs divided by ASMs). “NMB” means the National Mediation Board.

  • Stress Factor means 2.25.

  • Exchange Factor means 1.0; provided, however, that if the General Partner: (a) declares or pays a dividend on its outstanding Common Stock in Common Stock or makes a distribution to all holders of its outstanding Common Stock in Common Stock; (b) subdivides its outstanding Common Stock; or (c) combines its outstanding Common Stock into a smaller number of shares of Common Stock, the Exchange Factor shall be adjusted by multiplying the Exchange Factor by a fraction, the numerator of which shall be the number of shares of Common Stock issued and outstanding on the record date for such dividend, contribution, subdivision or combination (assuming for such purpose that such dividend, distribution, subdivision or combination has occurred as of such time), and the denominator of which shall be the actual number of shares of Common Stock (determined without the above assumption) issued and outstanding on the record date for such dividend, distribution, subdivision or combination. Any adjustment to the Exchange Factor shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.

  • Loss Factor means the scaling factor determined in accordance with clause 6 and applied by the reconciliation manager to volumes of electricity measured or estimated in respect of ICPs on the Network, in order to reflect the impact of the ICP on Losses within the Network;