Central Receipt Points definition

Central Receipt Points or “CRPs” means the inlet flange of Gatherer’s facilities at the receipt points located along the Gathering System for the purpose of receiving Shipper’s Crude Oil, ▇▇▇▇▇ Station, ▇▇▇▇▇▇ Station, and any other points mutually agreed upon in the future at which Gatherer will receive Shipper’s Crude Oil. Prior to the Commencement Date, each CRP shall be equipped with (i) automated communication equipment to allow for remote monitoring and control of Gathering System pumps at each such location and (ii) a LACT Unit. The CRPs are described on Exhibit C-1.
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Examples of Central Receipt Points in a sentence

  • SELLER reserves the right to retain all liquid hydrocarbons separated from its Gas by the use of typical volumetric (non-refrigerated) oil and gas separators prior to the delivery of the Gas to BUYER at the Central Receipt Point(s), provided however, that SELLER will not be permitted to remove or recover liquid hydrocarbons from the Gas other than that which can be removed through the use of conventional mechanical Gas/oil field separators of the type in use on the date of this Agreement.

  • Condensate recovered by BUYER downstream of the Central Receipt Point(s) will belong to BUYER.

  • BUYER will provide SELLER with the maximum allowable pressure for specific Central Receipt Point(s).

  • The sulfur content will be determined from tests taken at the Central Receipt Point(s) by methods accepted in the industry, such as GPA Standard 2377, as revised, “Method of Test for Hydrogen Sulfide and Carbon Dioxide in Natural Gas Using Length of Stain Tubes.” Other sulfur species can be determined by chromatographic analysis conditional on the parties’ acceptance of the type of analysis to be used and the condition of the sample.

  • If BUYER has not reduced the pressure at that Central Receipt Point(s) to 50 psig or less during the ninety (90) Day period following SELLER’s notice, SELLER will be entitled, on written notice to BUYER, as its sole and exclusive remedy, to a release of the Gas behind that Central Receipt Point(s) from this Agreement.

  • SELLER commits to deliver and sell to BUYER at the Central Receipt Point(s) all of SELLER’s Gas produced from the Well(s) released from dedication to any third party agreement during the term of this Agreement.

  • SELLER will provide to BUYER any information BUYER reasonably requests to coordinate the receipt of Gas at the Central Receipt Point(s) and the delivery of Gas at the Delivery Point(s) and will comply with BUYER’s nomination requirements with respect that Gas.

  • At the Central Receipt Point(s) SELLER may install check measuring equipment at its own cost and expense; provided, that equipment will be installed so as not to interfere with the operations of the BUYER.

  • Further, the most recent nominations confirmed by BUYER for receipt of Gas at the Central Receipt Point(s) will remain in effect until changed as provided or permitted under this Agreement.

  • Title to all Gas delivered under this Agreement will pass to BUYER at the Central Receipt Point(s).