Title Transfer Point definition

Title Transfer Point means the last point where the LNG Ship is entirely outside the territorial waters (or the EEZ, if applicable) of the country where the Discharge Port is located;
Title Transfer Point means the location specified in the Confirmation for transfer of title of the Product from Seller to Buyer;
Title Transfer Point means the paper point at which a title transfer to Working Gas may occur as described in Section 6. For purposes of this Operating Statement such point is deemed to be Mist.

Examples of Title Transfer Point in a sentence

  • The minimum amount of the Guarantee is:• One hundred thousand (100,000) euros or,• Twenty thousand (20,000) euros if the Shipper holds a gas supply licence allowing occasional natural gas purchases and sales at the Title Transfer Point to meet the needs of its own industrial facilities.

  • In case of Contract’s suspension, the Shipper is forbidden to subscribe new Capacities and to nominate a Quantity on all or part the Networks of GRTgaz, included Title Transfer Point, but the Shipper is still obliged to his contractual obligations and in particular to pay the invoices.

  • The Shipper can subscribe to the existing Auxiliary Services pursuant to the terms and conditions set out in Section B for the Conversion Service and substitution of capacities, in the Section C for the optional Daily Capacity subscription service at short notice and in Sections D1 and D2 for access to the Title Transfer Point.

  • Clause 2 Capacity and Auxiliary ServicesGRTgaz provides the Shipper Daily Capacity and Auxiliary Services (access to the Title Transfer Point (PEG), service for converting L-Gas to H-Gas, an optional Daily Capacity subscription service at short notice, service for testing and service for substitution of capacities).

  • Title to the Products shall pass from the Provider to the Recipient when the Products pass the Title Transfer Point.


More Definitions of Title Transfer Point

Title Transfer Point means the point in international waters which is the first point where shipped Product is outside the territorial waters of Japan.
Title Transfer Point. A virtual point in a Perimeter where the Shipper exchanges daily quantities of energy with other shippers or one or more Natural Gas Transmission network Operator - a Title Transfer Point associated with a Balancing Zone.
Title Transfer Point shall be as described in Section 6.1 hereof.
Title Transfer Point means a paper point deemed to be on Transporter’s System. It shall be a Secondary Receipt Point and a Secondary Delivery Point in each Shipper’s Service Agreement.
Title Transfer Point means, except as described in Section 2.4(c) (Alternative Delivery During State Emergency), (a) if the Marketer takes title to Conforming SNG pursuant to the Marketing and Services Agreement, the point at which the Marketer takes title to Conforming SNG, (b) if the Marketer does not take title to Conforming SNG pursuant to the Marketing and Services Agreement, the applicable liquid market point where Conforming SNG is sold in respect of the pipeline where Seller has contracted for firm transportation or (c) such other point as the Parties may mutually determine. CRCSTA Cumulative Real Contract Savings Tracking Account DOE Department of Energy of the United States of America MDQ Monthly Delivered Quantity OFAC United States Office of Foreign Assets Control SNG Substitute Natural Gas MONTHLY TARGET BALANCE OF CRCTSA End of Contract Year Buyer can review O&M costs if CRCSTA balance is less than: Seller can review O&M costs if CRCSTA balance is greater than: 12 $25,000,000 $0 17 $100,000,000 $0 22 $400,000,000 $0 27 $800,000,000 $0
Title Transfer Point. Delivery Point
Title Transfer Point means the point in international waters which is the first point where shipped Product is outside the territorial waters of Japan. 1.1.25 “Trademarks” means all trademarks, trade names, trade dress and service marks, and applications and registrations for any of the foregoing. 1.1.26 “Trustees” means the Initial Trustees, for so long as they are serving as trustees of Both Reorganization Companies, and any other person appointed by Both Companies’ Courts as a trustee of Both Reorganization Companies after the Execution Date, but excluding the Business Trustee. 5 [*] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.