Common use of Possession, Title and Risk Clause in Contracts

Possession, Title and Risk. Possession of and title to Natural Gas delivered pursuant hereto shall pass from the Seller to the Purchaser at the Delivery Points when the Natural Gas is accepted by the pipeline for transport for the Purchaser's account and is recorded by the proper metering device. Until such time, the Seller shall be deemed to be in control and possession of, have title to and be responsible for such Natural Gas and, after such time, the Purchaser shall be deemed to be in control and possession of, have title to and be responsible for such Natural Gas.

Possession, Title and Risk. Possession of and title to Natural Gas delivered pursuant hereto shall pass from the Seller to the Purchaser at the Delivery Points when the Natural Gas is accepted by the pipeline for transport for the Purchaser's account and is recorded by the proper metering device. Until such time, the Seller shall be deemed to be in control and possession of, have title to and be responsible for such Natural Gas and, after such time, the Purchaser shall be deemed to be in control and possession of, have title to and be responsible for such Natural Gas.

Possession, Title and Risk. Possession of and title to Natural Gas delivered pursuant hereto shall pass from the Seller to the Purchaser at the Delivery Points when the Natural Gas is accepted by the pipeline for transport for the Purchaser's ’s account and is recorded by the proper metering device. Until such time, the Seller shall be deemed to be in control and possession of, have title to and be responsible for such Natural Gas and, after such time, the Purchaser shall be deemed to be in control and possession of, have title to and be responsible for such Natural Gas.