TOV definition

TOV means the total measured volume of all petroleum liquids, BS&W and free water at observed temperature and pressure.
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TOV is defined in Section 6.1.
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Examples of TOV in a sentence

  • For clarity, a Gross Margin Rate corresponding to a higher TOV range will not retroactively apply to any order already placed at a lower TOV range.

  • And if in year two (2), RED purchased another 1.5 million units, then the TOV is three (3) million.

  • For example, if in year one (1) the TOV is 1.5 million units, then the Gross Margin is * percent (*%) for all these 1.5 million units.

  • The Final Price of Products shall be calculated based on the Products Transfer Price (PTP) plus Gross Margin (GM), which will vary based on the Total Order Volume (TOV), where the definitions of the above terminologies are as follows: · Products Transfer Price = BOM + MVA + LRP+ applicable Taxes · BOM = Xxxx of Materials (all material cost).

  • RIDER TO LEASE, DATED AS OF SEPTEMBER 30, 1997 BETWEEN TOV, LLC, OWNER AND I.D. SYSTEMS, INC.

  • Net sales 66,460 0.25x 0.35x $ 16,615 $ 23,261 Less: 25% Adjustment for Lack of Synergies (4,154) (5,815) --------- --------- Indicated TOV 12,461 17,446 EBITDA 2,046 7.0x 8.0x 14,322 16,368 Less: 25% Adjustment for Lack of Synergies (3,581) (4,092) --------- --------- Indicated TOV 10,742 12,276 CONCLUDED TOV RANGE $ 11,500 $ 15,000 ========= ========= [WAXMAN INDUSTRIES, INC.

  • After analyzing the risk and return characteristics of the guideline companies relative to Waxman, appropriate multiples are selected and are applied to the operating results of the Company to estimate its TOV.

  • SPMT reserves the right to inbound a cargo vessel with a TOV that exceeds the customer’s tank available space after an operational discharge plan has been approved.

  • Not pro forma for Marbo Product, Seaweed Cultivation Business, Sobol-Aqua, North East Pure Drinks, Penelopa, Sandora TOV, L E Farrell, Comercio de Doces Lucky, or Chipima-S.

  • An event of default occurs under any agreement given as security for the obligations and liabilities under this Note, including, without limitation the Security Agreement of even date herewith among the Company, TOV Energy-Servicing CompanyEsko Pivnich ("Esko"); and Pari, Ltd.

Related to TOV

  • Sternlight means a white light placed as nearly as practicable at the stern showing an unbroken light over an arc of the horizon of 135 degrees and so fixed as to show the light 67.5 degrees from right aft on each side of the vessel.

  • AASHTO means the American Association of State Highway and Transportation Officials.

  • CJI means criminal justice information collected by criminal justice agencies needed for the performance of their authorized functions, including, without limitation, all information defined as criminal justice information by the U.S. Department of Justice, Federal Bureau of Investigation, Criminal Justice Information Services Security Policy, as amended and all Criminal Justice Records as defined under §24-72-302, C.R.S.

  • We/Us/Our means TATA AIG General Insurance Company Limited.

  • DfE means Department for Education;

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • STU means the Board or the Government company notified by the respective State Government under Sub-section (1) of Section 39 of the Act;

  • SADC means the Southern African Development Community;

  • Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • Catechumen means a member of the catechumenate of a Catholic Church. This will normally be evidenced by a certificate of reception into the order of catechumens.

  • MMC means mine methane capture.

  • MOHLTC means the Minister or the Ministry of Health and Long-Term Care, as the context requires;

  • BAT means Best Available Techniques, as defined in Regulation 3 of the PPC Regulations.

  • Loft means an intermediary floor on a residual space in a pitched roof; above normal floor level with a maximum height of 1.5 metres and which is constructed or adopted for storage purposes;

  • WAN means wide area network.

  • Flashpoint means the minimum temperature at which a liquid gives off a vapor in sufficient concentration to ignite when tested as follows:

  • TELRIC means Total Element Long-Run Incremental Cost.

  • HKFE means the Hong Kong Futures Exchange Limited.

  • WOj means the lowest performance (expressed as a percentage) among the Indices as determined by the Calculation Agent in accordance with the following formula: Mini = 1 to 2 Where:

  • CJA means the Courts of Justice Act, RSO 1990, c C-43, as amended;

  • ECO ECO Resources, Inc., a Texas corporation. ---

  • AMS means the Federal Aviation Administration’s Acquisition Management System.

  • We/Our/Us means the Underwriters named in the Schedule.

  • Growler means any refillable, resealable container complying with federal law.

  • WADA means the World Anti-Doping Agency.

  • PACE means the acronym for property assessed clean energy.