Contract Receipt definition
Examples of Contract Receipt in a sentence
In the event that Shipper exercises its option to extend the Term of the Agreement in the manner described in Section 9.2 of the Agreement, the Fixed Toll applicable and payable for such extension Term shall be such fixed toll as is established by Carrier at the time of renewal for 5-year contract terms for the same Contract Receipt Point(s) and Contract Delivery Point(s) specified by Shipper in Appendix A.
If ▇▇▇▇▇▇▇ has elected a Contract Receipt Point of Hardisty and a Contract Volume of at least 25,000 bbl/Day, Shipper may elect the Ramp-Up Volume Option below.
Contract Volume shall be a minimum of 795 m3/Day (5,000 bbl/Day), in increments of 795 m3/Day (5,000 bbl/Day) in respect of any Contract Receipt Point or Contract Delivery Point.
The Fixed Toll shall be that toll set out in the table below that corresponds to the Contract Term, the Contract Receipt Point(s) and Contract Delivery Point(s).
For greater certainty, the Fixed Tolls specified above in respect of a Contract Receipt Point of (i) Bakken, or (ii) ▇▇▇▇▇▇▇▇ or Bakken, will only apply in respect of the Bakken Mainline Receipt Point and the Bakken Trunkline Receipt Point.
Lessee shall have the right to purchase the Subject Leased Premises upon the giving of days written notice for the total purchase price of $ , all in accordance with the Real Property Purchase Contract, Receipt and Escrow Instructions which are attached.
The table above also illustrates that Shipper E, who would not be required to provide Line Fill for the ▇▇▇▇▇▇▇▇-▇▇▇▇▇▇ Mainline Pipeline Segment, would need to provide 0.56 million barrels of Line Fill for the ▇▇▇▇▇▇ Mainline -Montreal Pipeline Segment, since Shipper E’s Contract Receipt Point is ▇▇▇▇▇▇, with a Contract Delivery Point of Montreal.
The table below shows the total Line Fill that would be required for each hypothetical Shipper based on the assumed Contract Receipt Point and Contract Delivery Point combinations:.
Contract Receipt: The Trust Receipt, as defined in the Custodial Agreement.
For greater certainty, the Fixed Tolls specified above in respect of a Contract Receipt Point of (i) ▇▇▇▇▇▇, or (ii) Hardisty or ▇▇▇▇▇▇, will only apply in respect of the ▇▇▇▇▇▇ Mainline Receipt Point and the ▇▇▇▇▇▇ Trunkline Receipt Point.