Target Pressure definition

Target Pressure has the meaning given to it in Section 5.2(c).
Target Pressure means 90 Psig, as measured at the inlet to the applicable central facility, unless otherwise set forth in writing between Producer and Midstream Co.
Target Pressure means, with respect to any Individual System, the pressure set forth on the applicable Midstream Agreement Addendum, which such stated “Target Pressure” shall be the pressure for the applicable Individual System in the System Plan.

Examples of Target Pressure in a sentence

  • Buyer shall have nine (9) months in which to install, or cause Gatherer to install, equipment necessary to reduce the pressure at such Low Pressure Receipt Point to the Target Pressure.

  • Midstream Co shall use its commercially reasonable efforts to maintain the operating pressure of each Facility Segment, as measured at the inlet flange of the central facility of the applicable Facility Segment, at a level that is equal to or less than the Target Pressure.

  • Should the average monthly pressure at any Low Pressure Receipt Point exceed the Target Pressure for three (3) consecutive months for any Low Pressure Receipt Point, then, beginning with the fourth month in which such average monthly pressure exceeds the Target Pressure, Buyer shall reduce the Gathering and Processing Fee by [ * ] ($[ * ]) per MMBtu.

  • This is based on MDL's statement that, as MDL does not need to rely on the Maui gas field to balance the Maui Pipeline, the risk of curtailment is reduced where the Maui Pipeline requires urgent balancing at a time when Maui field production capacity is unavailable or is reduced.Gas Industry Co agrees with Nova that an increase in the Taranaki Target Pressure may increase the costs of a new entrant wishing to use the Maui Pipeline or not facilitate investment in gas processing facilities.

  • It increases uncertainty because intentions are not known with respect to the Taranaki Target Pressure.

  • To the contrary, MDL has requested that restrictions be placed on the ability for it to increase the Taranaki Target Pressure.

  • It opens up the possibility of an increase in the Taranaki Target Pressure, something not currently permitted by the MPOC.

  • An increase in the Taranaki Target Pressure could be used as a barrier to entry for a new entrant by increasing development costs, or at least does not facilitate new investment in gas processing facilities.

  • The June Change Request sets out a series of amendments to MPOC which:• delete those parts of MPOC that relate to Maui Legacy Gas including those provisions that relate to retrospective allocations of Maui Legacy Gas; and • change certain parts of MPOC relating to the Taranaki Target Pressure.

  • And I am grateful, and I know I can speak for all of us, for the service that you've given and that you're continuing to give here today by being here as an advocate.


More Definitions of Target Pressure

Target Pressure means, with respect to any Individual System, the Initial Flowback Target Pressure or the Operating Target Pressure then in effect.
Target Pressure has the meaning given to it in Section 3.2(a) of the Base Contract.

Related to Target Pressure

  • Pressure means the total load or force per unit area acting on a surface.

  • Tare Weight means the weight of an empty shipping container, excluding all materials used for wrapping, cushioning, banding, waterproofing, packaging, blocking and bracing articles within the exterior container.

  • Design pressure means the hydrostatic pressure for which each structure or appliance assumed watertight in the intact and damage stability calculations is designed to withstand.

  • MAOP means the maximum allowable operating pressure of the Maui Pipeline or any part of it, as set out in Schedule 6.

  • Pressure vessel means containers for the containment of pressure, either internal or external. This pressure may be obtained from an external source or by the application of heat from a direct or indirect source, or any combination thereof.

  • Output means the exposure rate, dose rate, or a quantity related in a known manner to these rates from a brachytherapy source or a teletherapy, remote afterloader, or gamma stereotactic radiosurgery unit for a specified set of exposure conditions.

  • Depth , in respect of a building, means the measured distance between the front line of the building and the back line of the rear main wall which separates the main building from the open space;

  • tons means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I of the International Convention on Tonnage Measurement of Ships, 1969; the word “tonnage” shall be construed accordingly.

  • CO2 means carbon dioxide.

  • Attachment point means a point on the network at which network assets are connected to assets owned by another person.

  • Throughput means the measure of production, or factor related to production, used to determine the relationship between the amount of energy used by the target unit and the levels of activity of the target unit, as set out in Schedule 6 to an underlying agreement; “the Tribunal” means the First-tier Tribunal established under the Xxxxxxxx Xxxxxx xxx Xxxxxxxxxxx Xxx 00000;

  • Diameter means the diameter of the stem of a tree measured outside the bark at a specified point of measurement.

  • Spacecraft (7 9) means active and passive satellites and space probes.

  • Biodiesel means a fuel composed of mono-alkyl esters of long chain fatty acids derived from vegetable oils or animal fats, and, in accordance with standards specified by the American society for testing and materials, designated B100, and meeting the requirements of D-6751, as approved by the department of agriculture.

  • Outputs means the goods or services that are produced by an entity or other person;