Measurement Points definition

Measurement Points means the locations proposed by the Contractor and approved by the CNH or in such case determined by the CNH inside or outside the Contract Area, at which the Net Hydrocarbons will be measured, verified and delivered, as provided in this Contract and the Applicable Laws.

Measurement Points means the point where the Raw Product has passed the downstream flange of the meter measuring the Raw Product for delivery at the location specified in Section 3.2.

Measurement Points has the meaning given to it in Section 4.1.

Examples of Measurement Points in a sentence

• The measurement systems shall also allow the Parties to conduct measurement in real time at the Measurement Points with remote access to the information.

• The volume and quality of the Net Hydrocarbons shall be measured and determined at the Measurement Points pursuant to the procedures established by the Applicable Laws.

• Midstream Co shall use the Measurement Devices owned by Midstream Co (or if Midstream Co’s rights under Section 4.1(d) are exercised, then the Measurement Devices owned by Producer) at the Measurement Points to determine the volumes of Product passing through the Individual System for purposes of Article 6 and Article 10.

• The Parties shall agree the procedure for measuring the volume and quality of Petroleum and shall have the right of access to Production Measurement Points and the right of witnessing calibration thereof.

• Delivery shall be deemed to have been completed when the Raw Product has been delivered to the Measurement Points.

• As between the Parties, Seller shall be deemed to be in exclusive possession and control (and responsible for any damages or injury resulting therefrom or caused thereby) of the Raw Product prior to and at the Measurement Points and Buyer shall be deemed to be in exclusive control (and responsible for any damages or injury resulting therefrom or caused thereby) of the Raw Product from the Measurement Points.

• Title to, and risk of loss for, the Raw Product shall pass from Seller to Buyer at the applicable Measurement Points.

• The Contractor shall deliver to the Marketer at the Measurement Points the portion of the Net Hydrocarbons constituting a share of the State Consideration.

• Such procedures shall govern the scheduling, Storage, measurement and quality monitoring of the Net Hydrocarbons delivered at the Measurement Points.

• Net Hydrocarbons shall be measured and analyzed at the Measurement Points in accordance with Article 12 and the Applicable Laws.

More Definitions of Measurement Points

Measurement Points is defined in Section 7.

Measurement Points means (i) for deliveries by Pipeline, the point where the Product has passed the downstream flange of the meter measuring the Product for delivery at the location agreed to between the Parties in accordance with Section 3.2, and (ii) for deliveries by tank truck, when the Product has passed the Seller’s loading equipment for open hatch deliveries and when the Product enters the tank truck’s loading equipment for all other deliveries at the location agreed to between the Parties in accordance with Section 3.2.

Measurement Points means the point where the Specification Product has passed the downstream flange of the meter measuring the Product for delivery at the location specified in Section 3.2.

Measurement Points means the location(s) specified in the approved Development Plan within or outside of the Contract Area where the Petroleum is metered and delivered to the Minister and Contractor.

Measurement Points means the discharge meter owned by Clear Creek Gathering and the Fuel meter owned by Gatherer both located downstream of the compressor applicable to each Delivery Point or other meter as designated by the Parties.