Examples of Exit Point in a sentence
In respect of Measuring Equipment installed at an Exit Point, the relevant Meter Owner shall comply with the Metering Philosophy applicable to such Exit Point and shall install Measuring Equipment which is capable of generating Daily Meter Readings which can be obtained remotely (but not necessarily on a real time basis) or by extracting the data on site of such Measuring Equipment.
EXIT OF GASThe point where possession and control of gas returns to a Shipper at an Exit Point shall be identified by the Distributor in each GDA which identifies that Exit Point.
In respect of a Shared Exit Point, possession and control of gas shall, for the purposes of paragraph (c)(ii) above, be deemed to pass to the Shippers in such proportions as are consistent with Section 6.2.
Each Meter Owner shall ensure that a Daily Meter Reading at such Exit Point for each Day in a Month, m, is made available to the Distributor by the 7th Day of the Month, m + 1.
Subject to paragraph (c) below, a Shipper must not make a Nomination for an aggregate quantity of gas at an Exit Point in a Day in excess of the Reserved Firm Capacity as expressed in its GDA(s) at such Exit Point unless it identifies that its Nomination includes an application for an Authorised Capacity Overrun.