Examples of Point of Acceptance in a sentence
All gas delivered to the Company by or on behalf of the Customer pursuant to this Agreement shall be delivered at the Point of Acceptance in respect of which the relevant Nomination is made.
In respect of each Pool, the Customer(s) (or the Agent on their behalf) participating in such Pool may, from time to time during the contract term of the Pool, provide to the Company a Transaction Request specifying, among other things, details of the volumes (including the contracted Pool MDV during the relevant periods for such Pool), as well as the relevant Point of Acceptance of the Gas included in such Pool (each, a “Nomination”).
The quantity of gas received from the Customer at the Point of Acceptance (net of the Fuel Ratio Requirement, as applicable) shall be credited to the Storage Account and any quantity of gas delivered by the Company to the Customer at the Point of Delivery (plus the Fuel Ratio Requirement, as applicable) shall be debited to the Storage Account.
The Customers shall, on a daily basis, provide the necessary Fuel Gas based on the relevant Gas Transporter’s published monthly fuel ratio for the corresponding Point of Acceptance, when applicable.
Each Customer shall bear the full cost and expense for transporting and delivering such Gas to the Point of Acceptance.