Common use of Transfer of Custody of and Responsibility For Gas Clause in Contracts

Transfer of Custody of and Responsibility For Gas. As between KMTP and COPANO, KMTP shall be in control and possession of the Gas until such Gas has been delivered to COPANO at the Delivery Point and after it has been redelivered to KMTP at the Residue Gas Redelivery Point or Alternate Redelivery Point. As between COPANO and KMTP, COPANO shall be in control and possession of the Gas after it has been delivered to COPANO at the Delivery Point and until it is redelivered to KMTP at the Residue Gas Redelivery Point or Alternate Redelivery Point. Nothing in this Section 17.1 shall affect title to the Gas, which will remain with the owner thereof.

Appears in 4 contracts

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

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Transfer of Custody of and Responsibility For Gas. As between KMTP and COPANO, KMTP shall be in control and possession of the Gas until such Gas has been delivered to COPANO at the Delivery Point and after it has been redelivered to KMTP at the Residue Gas Redelivery Point or Alternate Redelivery Point. As between COPANO and KMTP, COPANO shall be in control and possession of the Gas after it has been delivered to COPANO at the Delivery Point and until it is redelivered to KMTP at the Residue Gas Redelivery Point or Alternate Redelivery Point. Nothing in this Section 17.1 16.1 shall affect title to the Gas, which will remain with the owner thereof.

Appears in 1 contract

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

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