Common use of Possession and Control Clause in Contracts

Possession and Control. Possession and control of Customer’s LNG shall pass from Customer to SABINE upon delivery of same at the Receipt Point. Possession and control of Customer’s Gas shall pass from SABINE to Customer upon delivery of same at the Delivery Point.

Appears in 2 contracts

Samples: LNG Terminal Use Agreement (Cheniere Energy Inc), Shareholders Agreement (Cheniere Energy Inc)

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Possession and Control. Possession and control of Customer’s LNG shall pass from Customer to SABINE upon delivery of same at the Receipt Point. Possession and control of Customer’s Gas Inventory shall pass from SABINE to Customer upon delivery of same at the Delivery Point.

Appears in 2 contracts

Samples: LNG Terminal Use Agreement (Cheniere Energy Inc), LNG Terminal Use Agreement (Cheniere Energy Inc)

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Possession and Control. Possession and control of Customer’s 's LNG shall pass from Customer to SABINE FLNG upon delivery of same at the Receipt Point. Possession and control of Customer’s Gas 's Inventory shall pass from SABINE FLNG to Customer upon delivery of same at the Delivery Point.

Appears in 1 contract

Samples: Omnibus Agreement (Cheniere Energy Inc)

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