Common use of Delivery Point and Pressure Clause in Contracts

Delivery Point and Pressure. Seller shall Tender for Delivery the Product to Buyer at the Delivery Point. Title to and ownership of all Product delivered under this Contract shall pass to and vest in Buyer at the Delivery Point. Seller shall Tender for Delivery Product at the Delivery Point at a minimum pressure of 1900 Psig, provided that the Seller shall never be obligated to Deliver Product at pressures in excess of 2200 Psig.

Appears in 3 contracts

Samples: Product Sale and Purchase Contract (Resolute Energy Corp), Product Sale and Purchase Contract (Resolute Energy Partners, LP), Product Sale and Purchase Contract (Resolute Energy Corp)

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Delivery Point and Pressure. Seller shall Tender Product for Delivery the Product to Buyer at the Delivery Point. Title to and ownership of all Product delivered under this Contract shall pass to and vest in Buyer at the Delivery Point. Seller shall Tender Product for Delivery Product at a sufficient pressure to enter the Delivery Point at a minimum pressure of 1900 PsigPoint; provided, provided that the however, Seller shall never not be obligated to Deliver deliver Product at pressures in excess of 2200 a pressure greater than 2,500 Psig. Seller shall install a tap and control station as required to supply Buyer with Product at Delivery Point, and Buyer shall reimburse Seller for Seller’s actual cost incurred to install such tap and control station.

Appears in 1 contract

Samples: Purchase Contract (Rancher Energy Corp.)

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