OP Delivery Point definition

OP Delivery Point means, for any Product that is physical in nature (other than Contract Energy (including Delivered Energy) or Storage Energy (including Storage Delivered Energy)),
Sample 1Sample 2Sample 3
OP Delivery Point means, for any Product that is physical in nature (other than Contract Energy), (a) if such Product is capable of being delivered to the Energy Financial Delivery Point and is recognized and marketable in the Balancing Authority Area applicable to the Delivery Portion, the Energy Financial Delivery Point, or (b) otherwise, the Injection Point.
Sample 1Sample 2Sample 3
OP Delivery Point means, for any Product that is physical in nature (other than Contract Energy (including Delivered Energy) or Storage Energy (including Storage Delivered Energy)), 33 NTD: Insert if the Facility is a developmental resource. 34 NTD: Insert if the Facility is not a developmental resource. 35 NTD: Insert if the Facility is directly interconnected to MISO.
Sample 1

Examples of OP Delivery Point in a sentence

  • Seller warrants that, upon delivery thereof at the Energy Financial Delivery Point or upon delivery thereof at the OP Delivery Point or upon generation thereof, as applicable, Buyer will have and vest in good and valid title to all Products provided hereunder free and clear of all security interests, purchase rights, claims, charges, liens, and other encumbrances or any interest therein or thereto.

  • Risk of loss related to (i) the Contract Energy and Storage Energy provided to Buyer shall transfer from Seller to Buyer at the Energy Financial Delivery Point, (ii) other Products that are physical in nature provided to Buyer shall transfer from Seller to Buyer at the OP Delivery Point and (iii) other Products that are not physical in nature upon receipt by Buyer of title thereto and custody thereof according to this Agreement.

Related to OP Delivery Point

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • 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.

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

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

  • 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.

  • Calling Name Delivery Service (CNDS) means a service that enables a terminating End User to identify the calling Party by a displayed name before a call is answered. The calling Party’s name is retrieved from a calling name database and delivered to the End User’s premise between the first and second ring for display on compatible End User premises equipment.

  • 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.

  • Fuel burning equipment means any furnace, boiler, apparatus, stack and all associated equipment, used in the process of burning fuel.

  • 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,