Common use of Transfer of Custody and Responsibility for Residue Gas Clause in Contracts

Transfer of Custody and Responsibility for Residue Gas. COPANO agrees to deliver Residue Gas attributable to KMTP Gas to KMTP or its designee at the Residue Gas Redelivery Point or the Alternate Redelivery Point as directed by KMTP from time to time. Custody of and responsibility for Residue Gas attributable to KMTP shall pass from COPANO to KMTP at such points.

Appears in 5 contracts

Samples: Gas Processing Contract (Copano Energy, L.L.C.), Gas Processing Contract (Copano Energy, L.L.C.), Copano Energy, L.L.C.

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!