Custody of Gas Sample Clauses

Custody of Gas. Gas received by Nipigon LNG from Customer for LNG Services pursuant to this Agreement (whether received at the Receipt Point or another receipt point pursuant to a gas procurement agreement or pipeline transportation agreement) shall be deemed to be in the exclusive custody and under the exclusive control of Nipigon LNG from the time such Gas is accepted at the Receipt Point (or the designated receipt point pursuant to a gas procurement agreement or pipeline transportation agreement if the LNG Services include Gas Procurement Services or Pipeline Procurement Services) and until the time it is delivered by Nipigon LNG to Customer at the Delivery Point. Nipigon LNG has no title to Customer’s Gas or LNG during periods when it is in the custody and control of Nipigon LNG.
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Related to Custody of Gas

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  • Delivery Point (a) All Energy shall be Delivered hereunder by Seller to Buyer at the Delivery Point. Seller shall be responsible for the costs of delivering its Energy to the Delivery Point consistent with all standards and requirements set forth by the FERC, ISO-NE, the Interconnecting Utility and any other applicable Governmental Entity and any applicable tariff.

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  • Custody All charges of depositories, custodians, and other agents for the transfer, receipt, safekeeping, and servicing of the Fund' s cash, securities, and other property.

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