Crude Delivery Point definition

Crude Delivery Point means the outlet flange of the Crude Storage Tanks.
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Crude Delivery Point means the outlet flange of the last Onsite Crude Storage Tank upstream of a processing unit at the Refinery.
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Crude Delivery Point means (1) with respect to the Lion Crude Pipelines, the inlet flange of meters R-1, R-2 and R-3 located adjacent to the Refinery, (2) with respect to the Gathering System, the El Dorado Crude Pipeline interconnection or the El Dorado storage facility and (3) with respect to any Capital Improvement, the delivery point agreed to by the Parties.
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Examples of Crude Delivery Point in a sentence

  • The Company shall assume custody of the Crude Oil as it passes the Crude Delivery Point.

  • The withdrawal and receipt of any Crude Oil by the Company at the Crude Delivery Point shall be on an “ex works” basis (EXW Incoterms 2010).

  • Title to and risk of loss of the Crude Oil shall pass from Aron to the Company at the Crude Delivery Point.

  • The withdrawal and receipt of any Crude Oil by 24 the Company at the Crude Delivery Point shall be on an “ex works” basis.

  • Solely in its capacity as bailee, the Company shall have custody of (i) the Crude Oil from the time such Crude Oil passes the Crude Intake Point to the Storage Facilities until such time that the Crude Oil passes the Crude Delivery Point; and (ii) Products from the time such Product passes the Products Intake Point until such time that the Products pass the Products Delivery Point of the Refinery Storage Tanks or Company Included Locations, as the case may be.

  • At and after transfer of any Crude Oil at the Crude Delivery Point, the Company and its Affiliates shall be solely responsible for compliance with all Applicable Laws, including all Environmental Laws pertaining to the possession, handling, use and processing of such Crude Oil and shall indemnify and hold harmless Aron, its Affiliates and their agents, representatives, contractors, employees, directors and officers, for all Liabilities directly or indirectly arising therefrom.


More Definitions of Crude Delivery Point

Crude Delivery Point means the outlet flange of the Included Crude Tanks.
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Crude Delivery Point has the meaning given to it in the Supply and Offtake Agreement.
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Crude Delivery Point means the outlet flange of the Included Crude Tanks. “Crude Intake Point” means the inlet flange of the Included Crude Tanks. “Crude Oil” means crude oil of any type or grade, excluding any Sludge.
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Crude Delivery Point. NY2-683992 (c)By replacing the term “Measured Feedstock Quantity” in Section 6.1 thereto with the term “Measured Crude Quantity.” (d)By amending Section 1.1 as follows: (i)deleting the following definitions from Section 1.1: (a)Initial Term (b)Extension Term. (ii)By adding the following new definitions to Section 1.1 in the appropriate alphabetical order with respect to the other definitions therein: “Alon USA” means Alon USA, LP, a Texas limited partnership. “Alon USA Supply and Offtake Agreement “ means the Supply and Offtake Agreement between Xxxx and Alon USA, dated as of even date herewith and as may from time to time be amended, modified, supplemented and/or restated. “Early Termination Date” has the meaning specified in Section 3.2. “Expiration Date” has the meaning specified in Section 3.1. “Other Inventory Sales” means the Company's obligation to sell inventory to and buy inventory from Xxxx, pursuant to the Other Inventory Sales Agreements. “Other Inventory Sales Agreements” means (a) the “Inventory Sales Agreement” and (b) “Step-Out Inventory Sales Agreement” between the Parties, referred to and defined in the Alon USA Supply and Offtake Agreement. “Term” has the meaning specified in Section 3.1. (iii)By replacing the definition of Transaction Documents with the definition below: “Transaction Document” means this Agreement, the Marketing and Sales Agreement, the Inventory Sales Agreement, the Storage Facilities Agreement, the Step-Out Inventory Sales Agreement, Other Inventory Sales Agreements and any other agreements or instruments contemplated hereby or executed in connection herewith. (iv)By replacing the definition of Volume Determination Procedures with the definition below: “Volume Determination Procedures” mean the Company's ordinary month-end procedures for determining the volumes of Crude Oil or Product held in any Storage Tank, which include manually gauging each Storage Tank on the last day of the month to ensure that the automated tank level readings are accurate to within a tolerance of two inches (it being understood that if the automated reading cannot be calibrated to be within 2 NY2-683992 such tolerance, the Company uses the manual gauge reading in its calculation of month-end inventory). (e)By replacing the entirety of Article 3 thereof, with the following text: 3.1
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Crude Delivery Point means (1) with respect to the Lion Crude Pipelines, the inlet flange of meters R-1, R-2 and R-3 located adjacent to the Refinery, (2) with respect to the Gathering System, [ ] and (3) with respect to any Capital Improvement, the delivery point agreed to by the Parties.
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Related to Crude Delivery Point

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.

  • Service delivery area means the defined geographic area for delivery of program services.

  • Receipt Point means the receipt/inception point(s) where Crude Oil is received into the Gathering System, as such points are specified in Section II of this tariff.

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Supply Point means the point of connection between the licensed network and your apparatus or equipment.

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

  • Feedstock means any controlled substance or new substance that undergoes chemical transformation in a process in which it is entirely converted from its original composition and whose emissions are insignificant,

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Delivery Month means each month specified as such by the Exchange pursuant to

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.

  • Delivery Location means the Supplier's premises or other location where the Services are to be supplied, as set out in the Order;

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Connection Point means an exit point or an entry point or a bidirectional point identified or to be identified as such in an access contract.

  • Meet-Point Billing (MPB) refers to the billing associated with interconnection of facilities between two or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Net metering system means a facility for the production of electrical energy that does all of the following:

  • Transporter means a person engaged in the off-site transportation of hazardous waste by air, rail, highway, or water.

  • Delivery Year means the Planning Period for which a Capacity Resource is committed pursuant to the auction procedures specified in Tariff, Attachment DD, or pursuant to an FRR Capacity Plan under Reliability Assurance Agreement, Schedule 8.1.

  • Meet Point A point, designated by the Parties, at which one Party’s responsibility for service begins and the other Party’s responsibility ends.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.