Definition of Temporary Release Inventory

  1. Temporary Release Inventory means, at any given time, the quantity in MMBTUs that represents (a) the LNG received at the Receipt Point for Temporary Customers account; and (b) Gas, whether or not such Gas is Regasified LNG or Gas derived or produced from sources other than Regasified LNG, held for Temporary Customers account.

Examples of Temporary Release Inventory in a sentence

  1. Customer warrants to FLNG that (i) Customer has title to all of Customers Inventory, other than to the Temporary Release Inventory; and (i) the relevant Temporary Customer has title to all of the Temporary Release Inventory.

Definition of Temporary Release Inventory in Terminal Use Agreement

Temporary Release Inventory means, at any given time, the quantity in MMBTUs that represents (a) the LNG received at the Receipt Point for Temporary Customers account; and (b) Gas, whether or not such Gas is Regasified LNG or Gas derived or produced from sources other than Regasified LNG, held for Temporary Customers account.