Receipt Point definition
Examples of Receipt Point in a sentence
Customer will cause such natural gas quantities to be delivered to Asset Manager at the Receipt Point as set forth in Exhibit A (the “Prepaid Gas”).
Minimum Receipt Point Pressure 1/ Primary Delivery Points Scheduling Point No. Scheduling Point Name Measuring Point No. Measuring Point Name Maximum Daily Delivery Obligation (Dth/day) Recurrence Interval 633395 Ramapo 633395 Ramapo 50,000 1/1-12/31 1/ If a minimum pressure is not specifically stated, then Transporter's obligation shall be as stated in Section 13 (Pressure) of the General Terms and Conditions.
The Parties shall maintain the system voltages on their respective side of the Receipt Point in accordance with Good Utility Practice.
With respect to Gas deliveries between Customer and Asset Manager under this Agreement and any associated Transaction Confirmation, the Parties will ensure that title to all Gas passes to Asset Manager prior to the Receipt Point and to the Customer at the Delivery Point, so as to comply with “shipper must have title” regulations and policies of the FERC, including FERC Order 712.