Receipt Point Volume definition

Receipt Point Volume means the Shipper’s gross metered volume at a Receipt Point, expressed in MMBtu.
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Examples of Receipt Point Volume in a sentence

  • For all of Shipper’s Gas received by Xxxxxxxx at the Receipt Points, Shipper will pay Gatherer the applicable Gathering Fee set forth in Exhibit C multiplied by the Receipt Point Volume.

  • Prior to allocation of Fuel and Lost Gas, Xxxxxxx’s Receipt Point Volume shall be reduced for any corresponding gas lift volumes delivered to a Gas Lift Meter for usage in Xxxxx upstream of the corresponding Receipt Point.

  • Shipper’s share of Fuel consumed in the operations of the Systems shall be determined and allocated by Gatherer to each Receipt Point upstream of the applicable point Gas is actually consumed by multiplying the Gas consumed at such point of the System by a fraction calculated by the Receipt Point Volume upstream of such point divided by all Gas volume attributable for all Receipt Points upstream of such point.

Related to Receipt Point Volume

  • Receipt Point means the receipt/inception point(s) where Crude Oil is received into the Gathering System, as such points are specified in Section II of this tariff.

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Gatherer As defined in the preamble of this Agreement.

  • Cubic foot of gas means the amount of gas required to fill a cubic foot of space when the gas is at an absolute pressure of fourteen and seventy-three hundredths (14.73) pounds per square inch at a temperature of sixty (60) degrees Fahrenheit.

  • Transporter means a person engaged in the off-site transportation of hazardous waste by air, rail, highway, or water.