Common use of Point of Receipt Clause in Contracts

Point of Receipt. 3.01 Shipper shall deliver or cause to be delivered gas for transportation hereunder and Transporter shall receive gas quantities up to Shipper's TCQ, plus any applicable fuel and line loss makeup, at the existing point of interconnection between Transporter and the pipeline system of Transco in Rockingham County, North Carolina ("Point of Receipt"). Transporter shall accept deliveries at the Point of Receipt at a pressure sufficient to allow the gas to enter Transporter's pipeline system at the varying pressures that may exist in such system from time-to-time; provided, however, that such pressure(s) of the gas delivered or caused to be delivered by Shipper shall not exceed the maximum operating pressure(s) specified by Transporter for the Point of Receipt.

Appears in 4 contracts

Samples: Service Agreement (Piedmont Natural Gas Co Inc), Service Agreement (Public Service Co of North Carolina Inc), Service Agreement (Public Service Co of North Carolina Inc)

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