SPM Delivery Point definition
SPM Delivery Point means, with respect to any ▇▇▇▇ Procurement Contract that contemplates delivery at the SPM, the delivery point specified in such ▇▇▇▇ Procurement Contract at which title to the Crude Oil or Products being sold thereunder is to be transferred from the Third Party Supplier thereunder to ▇▇▇▇.
SPM Delivery Point has the meaning specified in the Supply and Offtake Agreement.
SPM Delivery Point means, with respect to any Aron Procurement Contract that contemplates delivery at the SPM, the delivery point specified in such Aron Procurement Contract at which title to the Crude Oil or Products being sold thereunder is to be transferred from the Third Party Supplier thereunder to Aron.
More Definitions of SPM Delivery Point
SPM Delivery Point means the delivery point specified in the relevant L/C Eligible Refinery Procurement Contract at which title to the Crude Oil being sold thereunder is to be transferred from the Crude Oil Supplier party thereto to the Borrower. Such delivery point may be the entry point of a subsea hose, subsea pipeline or other similar infrastructure.