Petroleum Measurement Tables Sample Clauses

Petroleum Measurement Tables. 5.3 The Buyer shall accept a variation of 5% from the agreed quantity, with no other consequence than a similar variation to the corresponding invoice issued by the Seller.
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Petroleum Measurement Tables. The crude oil delivered hereunder shall be merchantable and acceptable to the carriers involved, but not to exceed 2% BS&W. Full deduction shall be made for all BS&W content as determined by tests conducted according to the latest A.S.T.M. standard method then in effect. Gauges, tests for quality, and measurements shall be made at regular intervals by Seller or its designated representative in accordance with recognized procedures. Buyer shall have the right to have a representative present to witness all gauges, tests and measurements.
Petroleum Measurement Tables. The oil delivered hereunder shall be merchantable and acceptable to the carriers involved but not to exceed one percent (1%) S&W. Full deduction shall be made for all S&W content as determined by tests conducted according to the latest A.S.T.M. standard method in effect.
Petroleum Measurement Tables. The oil delivered hereunder shall be merchantable and acceptable to the carriers involved but not to exceed one percent (1%) S&W. Full deduction shall be made for all S&W content as determined by tests conducted according to the latest A.S.T.M. standard method in effect. Tests for quality shall be made at regular intervals by Approach in accordance with generally accepted industry procedures. Each party shall have the right to have a representative or independent inspector (which cost shall be shared equally between the parties hereto) present to witness all gauges, tests and measurements.
Petroleum Measurement Tables. The crude oil delivered hereunder shall be merchantable and acceptable to the carriers involved, but not to exceed 2% BS&W. Full deduction shall be made for all BS&W content as determined by tests conducted according to the latest A.S.T.M. Standard Method then in effect. Each party shall have the right to have a representative present to witness all gauges, tests and measurements; however, in the absence of either party’s representative, the gauges, tests and measurements of the other party shall be deemed to be correct. Page 3 of 3 to Contract Between ConocoPhillips Company and Approach Operating LLC Dated: May 1, 2004

Related to Petroleum Measurement Tables

  • Measurement Should the State terminate this contract as herein provided, no fees other than fees due and payable at the time of termination shall thereafter be paid to the Engineer. In determining the value of the work performed by the Engineer prior to termination, the State shall be the sole judge. Compensation for work at termination will be based on a percentage of the work completed at that time. Should the State terminate this contract under paragraph (4) or (5) above, the Engineer shall not incur costs during the thirty-day notice period in excess of the amount incurred during the preceding thirty days.

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