Troll System definition

Troll System means the group of companies participating in, and representing the total beneficial ownership of, the pipeline system that gathers and transports Oil from the Troll Field and other producing areas to the Loading Terminal; For delivery in January 2018 or thereafter under these terms Clause 3(a) shall be deleted and replaced with the following: “Seller shall declare to Buyer the grade deliverable, the Laydays and the Cargo Reference Number in respect of the Cargo between 0900 and 1600 hours (London time), and time shall be of the essence in this respect, not later than on the Last Day of Nomination. Telephone declarations through the designated BFOE telephone lines made by 1600 hours shall be valid, but must be promptly confirmed by fax/e-mail from Seller. The Last Day of Nomination shall be One Full Month prior to the first Day of the Laydays, where One Full Month is defined as the number of calendar days in the month prior to the month where the middle day of the Laydays falls. If the day One Full Month prior to the first day of the Laydays is a Saturday, Sunday or Bank Holiday in London, then the Last Day of Nomination shall be the last preceding London Banking Day to this day. In case the Last Day of Nomination does not fall in the month prior to the month where the middle day of the Laydays falls, then the Last Day of Nomination shall be replaced by the nearest London Banking Day to this day, such that this is the case. If Seller chooses to declare to Buyer the grade deliverable, the Laydays and the Cargo Reference Number in respect of the Cargo on any day prior to the Last Day of Nomination, then such declaration must be made between 0900 and 1700 (London time) on a London Banking day. Telephone declarations through the designated BFOE telephone lines shall be valid, but must be promptly confirmed by fax/e-mail from Seller. ▇▇▇▇▇▇ agrees to make such declaration as expeditiously as possible. Buyer shall use all reasonable efforts to ensure that appropriate facilities and sufficient authorized personnel are available for the prompt receipt of declarations.” In Clause 3 (c), references to ▇▇▇▇▇ and the Ninian system shall be deemed to include the Forties, Oseberg Ekofisk and Troll system; In Clause 4 – the following extra paragraphs are to be added as follows:
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Related to Troll System

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  • 911 System means the set of network, database and customer premise equipment (CPE) components required to provide 911 service.

  • Disposal system means a system for disposing of sewage, industrial waste, or other wastes, or for the use or disposal of sewage sludge. “Disposal system” includes sewer systems, treatment works, point sources, dispersal systems, and any systems designed for the usage or disposal of sewage sludge.

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  • Vapor control system means a system that prevents release to the atmosphere of gasoline vapors in excess of 80 milligrams per liter of gasoline loaded (4.7 grains per liter).