Title at Outlet Points Sample Clauses

Title at Outlet Points. (a) Unless the Delivery is at an Outlet Point that is a Notional Gate Point, the Delivery of the Gas by the Operator to the Shipper at an Outlet Point is a transfer of title to and possession of the Gas from the Operator to the Shipper, effective at the Outlet Point and at the time of Delivery, and free and clear of all encumbrances, liens and claims of any nature. (b) If the Delivery is at an Outlet Point that is a Notional Gate Point, then: (i) the Delivery of the Gas by the Operator is followed immediately by a Delivery of the Gas from the Shipper back to the Operator at the Outlet Point (for transport to a Physical Gate Point associated with the Notional Gate Point) and no transfer of title to and possession of the Gas is involved; (ii) the Operator may in its discretion as a Reasonable and Prudent Person manage the times, extent and manner that Gas deemed to be delivered at a Notional Gate Point is physically transported into the Associated sub-network; and (iii) subject to any Law or any other agreement to which both the Operator and the Shipper are parties, the Delivery of Gas by the Operator at a Physical Gate Point is, by force of this clause 13.5, a transfer of title to and possession of the Gas from the Operator to the Shipper, effective at the Physical Gate Point and at the time of Delivery, and free and clear of all encumbrances, liens and claims of any nature.