Off-take Point definition
Examples of Off-take Point in a sentence
The Gas will be redelivered to the SHIPPER at the Offtake Point and the SHIPPER shall take delivery of said Gas, in accordance with Article 5 hereunder.
The above mentioned "Monthly Quantity Report" shall be considered as final unless revised allocation at the Intake Point or at the Offtake Point, as the case may be, are provided by the relevant Operator afterwards; in case of revised allocation, the updated “Monthly Quantity Reported” shall be provided as soon as possible.
The Daily and Monthly quantities of Natural Gas expressed in kWh, delivered by the SHIPPER at the Intake Point, and redelivered to the SHIPPER at the Offtake Point, during each given Month shall be stated in the "Monthly Quantity Report", provided by ENI or by the Operator on behalf of ENI (as the case may be) on or before the end of the following Month.
In accordance with and subject to the terms and conditions of this Contract, from the Start-Up Date and throughout the term of this Contract, ENI shall let the same amount of energy on a GCV basis, expressed in kWh contained in the quantities of Natural Gas that the SHIPPER will deliver and make available at the Intake Point be simultaneously redelivered to the SHIPPER at the Offtake Point using the Sublet Hourly Flow Rate as per Article 4 below, according to the procedures described in Article 5 below.
In no cases ENI will be obliged to let be redelivered to the SHIPPER at the Offtake Point a total quantity of energy higher than the quantity simultaneously delivered by the SHIPPER at the Intake Point, according to the procedures referred to in Article 3.1 above.
This Contract contains the provisions for the delivery of Natural Gas by the SHIPPER at the Intake Point and its redelivery to the SHIPPER at the Offtake Point using the Sublet Hourly Flow Rate as per Article 4 below (“Subletting Service”), under the terms and conditions set forth in this Contract and the related Individual Contract(s).
The quality and pressure of the Gas redelivered to the SHIPPER at the Offtake Point shall be in accordance with the specifications set out in Annex B hereof.
It remains understood that the inability of a Party to pay (however caused), failure of access to any pipeline system upstream the Intake Point or downstream the Offtake Point or unavailability of Gas (for whatever reason) shall in no case constitute an event of Force Majeure under this Contract.
Without prejudice to Article 10, any other tax, duty and charge applied at the Intake Point and/or at the Offtake Point on Natural Gas (not included in the Fee) shall be borne by the SHIPPER whereas ENI shall be exempt from any payment.
Title and risk of loss to Products shall pass from ▇▇▇▇ to the Company as Products pass at the Products Offtake Point.