Receipt Point definition

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.

Receipt Point means a location on the Canadian Pipeline as set out in Schedule "A" hereto at which a Shipper may, in accordance with a Transportation Service Agreement, tender Gas and includes the Alliance Trading Pool for FDS, FDS-IBR and ITDS.

Receipt Point means a point on the Network at which Gas is, or is to be, received into the Network.

Examples of Receipt Point in a sentence

• Provide documentation in the form specified by Company referencing the Product’s gauging, measurement, quantity and quality picked up at the agreed upon Delivery Point and deliver to the Receipt Point.

• Customer or Customer’s agent or representative shall notify Carrier when Services are needed at a Receipt Point.

• Carrier shall be responsible for volumetric losses of Product in the regular course of business in excess of one-quarter of one percent (0.25%) of the total volume received by Carrier at the Receipt Point and delivered by Carrier to the Delivery Point.

• Carrier shall be deemed to have custody of Product when the Product passes the last truck receipt flange at the Delivery Point until the Product passes the last truck delivery flange out of Carrier’s truck at the Receipt Point.

• Volumes of Product received by Carrier shall be definitively evidenced by, in descending order of priority, (a) custody transfer meter tickets at a Receipt Point and/or Delivery Point, (b) Carrier trucking run tickets, or (c) tank strappings at the Receipt Point and/or Delivery Point.

More Definitions of Receipt Point

Receipt Point means a Welded Point from which a Shipper nominates to have Gas transported.

Receipt Point means the receipt point provided for in Rules 30, 35, and 40 of this tariff.

Receipt Point means the points of origin (from) for receipt of Natural Gas Liquids from a Shipper into Carrier's facilities.

Receipt Point means the point in Alberta at which gas may be received from Customer by Company under a Service Agreement or Schedule of Service.

Receipt Point means the point or points within the Covered Pipeline at which the custody of Natural Gas is transferred from a User to a Service Provider.

Receipt Point as herein used means the location for the receipt of Crude Petroleum provided for in the Rate Tariff.

Receipt Point means the point or points specified in the Agreement where Company agrees to receive gas for transportation for the account of a Shipper.