Settlement Point(s) definition

Settlement Point(s) means the location or point at which title, custody, and possession of the Residue Gas attributable to Shipper is first transferred from Shipper or Shipper’s designee to a Third Party or its designee.
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Examples of Settlement Point(s) in a sentence

  • For example, if the remaining deficit is five percent of the applicable summer period DIVERSION, delivery to the Refuge Allocation calculated above in step (2) will be reduced by five percent and delivery to the OPPA from the Settlement Points of Diversion will also be reduced by five per cent.

  • Within four years after completion of the events described in Section 15.3.1.A., the Department of the Interior and KPWU shall provide notice to the Parties of whether and to what extent they will transfer to instream use their water rights to the Klamath River and Upper Klamath Lake from the Settlement Points of Diversion identified in Appendix E-1 in amounts that are in excess of the applicable maximum quantities that can be diverted under Appendix E-1.

  • The Sellers shall have the right to (a) direct the defense of the Stabar Litigation with counsel currently representing the Company in the Stabar Litigation or other counsel reasonably satisfactory to the Sellers and (b) cause the Company to settle the Stabar Litigation on terms specified by the Sellers (if it is not settled on the terms provided in the Mediation Term Sheet of General Settlement Points).

Related to Settlement Point(s)

  • Measurement Point means the emission source for which continuous emission measurement systems (CEMS) are used for emission measurement, or the cross-section of a pipeline system for which the CO2 flow is determined using continuous measurement systems;

  • Energy Settlement Area means the bus or distribution of busses that represents the physical location of Network Load and by which the obligations of the Network Customer to PJM are settled.

  • Receipt Point(s) means the receipt points set forth in Section 6 of this Toll Schedule.

  • Delivery Point(s) means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Exit Point means a border control post or any other place designated by a Member State where animals, falling within the scope of Regulation (EC) No 1/2005, leave the customs territory of the Union;