direct) fifty percent (50%) or more of the voting rights in the appointment of directors of such entity, or fifty percent (50%) or more of the interests in such entity. or means Gravity determined in accordance with the ASTM Gravity” “API “Gravity” International (formerly known as the American Society for Testing and Materials) (“ASTM”) Designation D-287-82 or the latest revision thereof. means with respect to any Person, property or matter, any of the following Law” “Applicable applicable thereto: any statute, law, regulation, ordinance, rule, judgment, rule of common law, order, decree, governmental approval, concession, grant, franchise, license, agreement, directive, ruling, guideline, policy, requirement or other governmental restriction or any similar form of decision of, or determination by, or any interpretation, construction or administration of any of the foregoing, by any Governmental Authority, in each case as amended. the capacity on Carrier’s system available to transport Crude Oil. Capacity” “Available Available Capacity shall consist of the design capacity of the Pipeline, or any line segment thereof, less any reduction in capacity because of FORCE MAJEURE or INTERRUPTION AND CURTAILMENT, as these terms are defined in the Rules and Regulations. or means forty-two (42) gallons of 231 cubic inches per gallon at 60 degrees “Barrel” “bbl” Fahrenheit (60° F). means the twelve-Month period beginning thirteen (13) Months prior to the Period” “Base Proration Period and excluding the Month preceding the Proration Period. or means transportation of Crude Oil that is Tendered or Shipments” “Batched” “Batched received at Receipt Points on the Pipeline for transportation to any Delivery Points, as an identifiable unit. means the volume allocated during the month to each Shipper. Allocation” “Binding means Barrels of Crude Oil per Day. “BPD” means Monarch Oil Pipeline, LLC. “Carrier” means inlet flange of Carrier’s facilities at the receipt points Receipt Point” or “Central “CRP” located along its System for the purpose of receiving Crude Oil and equipped with (i) automated communication equipment to allow for remote monitoring and control of System pumps and a (ii) Lease Automatic Custody Transfer (“LACT”) unit.
direct) fifty percent (50%) or more of the voting rights in the appointment of directors of such entity, or fifty percent (50%) or more of the interests in such entity. “API Gravity” or “Gravity” means Gravity determined in accordance with the ASTM International (formerly known as the American Society for Testing and Materials) (“ASTM”) Designation D-287-82 or the latest revision thereof. “Applicable Law” means with respect to any Person, property or matter, any of the following applicable thereto: any statute, law, regulation, ordinance, rule, judgment, rule of common law, order, decree, governmental approval, concession, grant, franchise, license, agreement, directive, ruling, guideline, policy, requirement or other governmental restriction or any similar form of decision of, or determination by, or any interpretation, construction or administration of any of the foregoing, by any Governmental Authority, in each case as amended. “Available Capacity” the capacity on Carrier’s system available to transport Crude Oil. Available Capacity shall consist of the design capacity of the Pipeline, or any line segment thereof, less any reduction in capacity because of FORCE MAJEURE or INTERRUPTION AND CURTAILMENT, as these terms are defined in the Rules and Regulations. “Barrel” or “bbl” means forty-two (42) gallons of 231 cubic inches per gallon at 60 degrees Fahrenheit (60° F). “Base Period” means the twelve-Month period beginning thirteen (13) Months prior to the Proration Period and excluding the Month preceding the Proration Period. “Batched” or “Batched Shipments” means transportation of Crude Oil that is Tendered or received at Receipt Points on the Pipeline for transportation to any Delivery Points, as an identifiable unit. “Binding Allocation” means the volume allocated during the month to each Shipper. “BPD” means Barrels of Crude Oil per Day. “Carrier” means Monarch Oil Pipeline, LLC. “Central Receipt Point” or “CRP” means inlet flange of Carrier’s facilities at the receipt points located along its System for the purpose of receiving Crude Oil and equipped with (i) automated communication equipment to allow for remote monitoring and control of System pumps and a (ii) Lease Automatic Custody Transfer (“LACT”) unit.
Monarch-Rules-and-Regulations-Tariff.docx