Alternate Delivery Point definition

Alternate Delivery Point means (i) Nomination on the Monthly Nomination Date of Petroleum by a Term Shipper to a destination other than the Designated Delivery Point, or (ii) Delivery of Petroleum by the Carrier for an Uncommitted Shipper or a Term Shipper to a destination as a result of reallocation of Petroleum after the Monthly Nomination Date as contemplated in Rule 14.

Alternate Delivery Point has the meaning specified in Section 3.1.

Alternate Delivery Point shall have the meaning set forth in Section 2.5(b).

Examples of Alternate Delivery Point in a sentence

• Volumes Tendered in excess of their volume commitment and offset by make-up volumes to Cushing will be charged the difference between the Uncommitted Rate to such Alternate Delivery Point and the uncommitted rate ceiling level to Cushing.

• Term Shippers seeking a temporary Alternate Delivery Point at Port Arthur(10) or at Houston, will be charged the applicable committed rate to Cushing plus the difference between the Uncommitted Rate to such Alternate Delivery Point and the uncommitted rate ceiling level to Cushing, in accordance with Term Shipper’s contract.

• Term Shippers with a contract Delivery Point at Patoka or Wood River who have made a volume commitment to an Alternate Delivery Point at Cushing will be charged the Cushing 20 yr fixed rate plus the Cushing variable rate, in accordance with Term Shipper’s contract.

• Term Shippers with a contract Delivery Point at Cushing seeking a temporary Alternate Delivery Point at Patoka or Wood River will be charged the Cushing fixed rate for the applicable Contract term plus the variable rate to the appropriate Delivery Point, in accordance with Term Shipper’s contract.

• Term Shippers and Uncommitted Shippers shall pay a fee of $1.572 / m³ ($0.25 per barrel) for redirecting Deliveries to an Alternate Delivery Point.

More Definitions of Alternate Delivery Point

Alternate Delivery Point means the last permanent flange of the Crude Storage Tanks that connects directly to first permanent flange of the White Oil Connection.

Alternate Delivery Point means the last permanent flange of the BSR Crude Storage Tanks located at the Big Spring Refinery that connects directly to first permanent flange of the White Oil Connection.

Alternate Delivery Point means (i) any nodal point included within the JCP&L Zone, (ii) the JCP&L Zone or (iii) any other delivery point mutually agreed to by the Parties. In the event PJM or its successor no longer recognizes a nodal point that was part of the JCP&L Zone on the date of execution of this Agreement, such nodal point shall be an Alternate Delivery Point for purpose of this Agreement notwithstanding its subsequent exclusion from the nodal points included in the JCP&L Zone by PJM. "Ancillary Termination Damages" shall mean penalties assessed by PJM against the terminating Party (and/or JCP&L, in the case of NJEA as the Terminating Party) and all reasonable fees and expenses incurred by the terminating Party in connection with the termination of this Agreement pursuant to Section 5.2 hereof. "Contract Rate" means $28.00/MWh. "Energy" means firm electricity having the characteristics described in Section 3.2 of the Amended PPA. "Nomination Quantity" means the quantity of Energy specified in the Call Notice, which amount shall equal fifty percent (50%) of (i) the maximum amount of Energy (in MWs per hour expressed as a whole number) that NJEA is permitted to deliver to JCP&L under the Amended PPA during Off-Peak Hours occurring during such day less (ii) the amount of electricity (in MWs per hour expressed as a whole number) that the Facility is expected to generate for sale to JCP&L under the Amended PPA during Off-Peak Hours occurring during such day. "Maximum Nomination Quantity" means (i) 125 MWs per Off-Peak Hour for the months of December through March and June through September and (ii) 100 MWs per Off-Peak Hour for the months of April, May, October and November. "Replacement Period" shall mean the period beginning on the date this Agreement is terminated pursuant to Section 5.2 hereof and ending at 11:59 p.m. August 13, 2011. "Replacement Power" means electricity purchased by NJEA as replacement for any Delivery Shortfall. Replacement Power shall not include Energy delivered to NJEA on behalf of TEMI pursuant to Section 3.1(a). "Replacement Price" means the lesser of (A) the price at which NJEA (or any other Person acting on its behalf), acting in a commercially reasonable manner, purchases Replacement Power, plus (i) transaction and other administrative costs reasonably incurred by NJEA (or any other Person acting on its behalf) in purchasing such Replacement Power and (ii) additional transmission charges, if any, reasonably incurred by NJEA (or any other Person ...

Alternate Delivery Point means a point of delivery as agreed to by the Parties for the delivery of Contract Capacity and Scheduled Energy.

Alternate Delivery Point means Mid-Columbia or another alternative market selected by mutual agreement of the Parties.

Alternate Delivery Point means any point on the Transmission System (including interfaces between the Transmission System and other transmission systems) at which Gulf Power is (i) capable of receiving Energy in the quantity to be delivered at such point pursuant to Part III of the Southern OATT as a network resource, and (ii) able to transmit such Energy to its loads without being required to either materially change the output of generating resources available to Gulf Power or materially change the schedule of its preexisting power purchases or sales (other than purchases or sales pursuant to this Agreement) where such schedule change would result in material economic harm to Gulf Power.

Alternate Delivery Point means deliveries of Petroleum to destinations other than the Designated Delivery Point;