Examples of Offtake Point in a sentence
The US and UK partners funding this action intend to award only grants under this announcement.
In no cases ENI will be obliged to let be redelivered to the SHIPPER at the Offtake Point a total quantity of energy higher than the quantity simultaneously delivered by the SHIPPER at the Intake Point, according to the procedures referred to in Article 3.1 above.
The Daily and Monthly quantities of Natural Gas expressed in kWh, delivered by the SHIPPER at the Intake Point, and redelivered to the SHIPPER at the Offtake Point, during each given Month shall be stated in the "Monthly Quantity Report", provided by ENI or by the Operator on behalf of ENI (as the case may be) on or before the end of the following Month.
In accordance with and subject to the terms and conditions of this Contract, from the Start-Up Date and throughout the term of this Contract, ENI shall let the same amount of energy on a GCV basis, expressed in kWh contained in the quantities of Natural Gas that the SHIPPER will deliver and make available at the Intake Point be simultaneously redelivered to the SHIPPER at the Offtake Point using the Sublet Hourly Flow Rate as per Article 4 below, according to the procedures described in Article 5 below.
The above mentioned "Monthly Quantity Report" shall be considered as final unless revised allocation at the Intake Point or at the Offtake Point, as the case may be, are provided by the relevant Operator afterwards; in case of revised allocation, the updated “Monthly Quantity Reported” shall be provided as soon as possible.