Supply Point Method definition

Supply Point Method has the meaning given such term in Clause 5(f)(ii).
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Examples of Supply Point Method in a sentence

  • Buyer has two methods of requesting Seller to provide a Cargo to meet Buyer’s Requirement, the Execution Method and the Supply Point Method.

  • Whether a Cargo is purchased under the Execution Method or the Supply Point Method above, Seller shall promptly complete and communicate to Buyer a notice in the format set forth in Appendix 10 (a “Cargo Confirmation Notice”) after a Cargo has been purchased.

  • For Cargoes shipped using the Supply Point Method all shipping considerations upstream of the Supply Port are for the account of Seller.

  • If the Cargo will be Supplied under the Supply Point Method then the price will be agreed between the Parties.

  • Under the Supply Point Method, any additional costs, including, but not limited to, Lightering barges in the Delaware River, outturn losses and storage costs, between the pre-defined supply point and such Cargo’s Supply to the Refinery shall be determined in the same manner as for Cargoes delivered under the Execution Method.

  • Under the Supply Point Method, the Transparent Contractual Terms shall include all the terms necessary for the Parties to agree on a price for the Cargo supplied to an agreed-upon supply point.

  • Under the Supply Point Method, the Transparent Contractual Terms shall include all the terms necessary for the Parties to agree on a price for the Cargo supplied to an agree-upon supply point.

  • Except as otherwise set forth in this Agreement, if the Supply Point Method is used all Supply costs up to the Supply Port [REDACTED].

  • Except as otherwise set forth in this Agreement, if the Supply Point Method is used all supply costs up to the Supply Port are [REDACTED].

  • The Supply Point Method shall be used whenever Buyer agrees to purchase a Cargo from Seller’s or its Affiliate’s portfolio.

Related to Supply Point Method

  • Supply Point means the point of connection between the licensed network and your apparatus or equipment.

  • Network Supply Point or "NSP" means any Point of Connection between:

  • Delivery Point ; shall mean the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Supply Pipe means any part of a service pipe which a water undertaker could not be, or have been required to lay under section 46 of the Water Industry Act 1991; and

  • Meet-Point Billing (MPB) means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.