Common use of Title Transfer Point Clause in Contracts

Title Transfer Point. Seller’s physical delivery of the Contract Volume hereunder shall be at the intersection of the Feeder Line and the CO2 Facility, located at the boundary of the Site upstream of the CO2 Facility (“Title Transfer Point”). Title to and ownership of the Contract Volume shall pass to and vest in Buyer at the time the Contract Volume passes through the Title Transfer Point.

Appears in 2 contracts

Sources: Carbon Dioxide Purchase and Sale Agreement, Carbon Dioxide Purchase and Sale Agreement (Chaparral Energy, Inc.)