Measurement Point definition

Measurement Point means the emission source for which continuous emission measurement systems (CEMS) are used for emission measurement, or the cross-section of a pipeline system for which the CO2 flow is determined using continuous measurement systems;

Measurement Point means the Measurement Device that the Parties have agreed in writing will measure the volume of Product moving through the Individual System.

Measurement Point means the point where the flanges connect the Seller’s sales measuring equipment to the Buyer’s Pipeline;

Examples of Measurement Point in a sentence

• Measurement As of the Production Start Date of each Development Area or Field, the Consortium Members shall measure, from time to time and on a regular basis, the volume and quality of the Oil and Gas produced at the Measurement Point.

• The Contracting Party’s share of the Profit Oil, which shall not be affected by operating losses, shall be determined at the Measurement Point.

• Operator shall install, maintain and operate all facilities necessary for the measurement of Petroleum at each Production Measurement Point.

• Ownership of the Oil and Gas share to which the Contracted Party and the Contracting Party are entitled under this Agreement shall be originally granted to them at the Measurement Point.

• The Contracted Parties shall be fully responsible for the product of the Exploration until its individual physical availability, in duct or a dynamic positioning ship, to the Contracted Parties and the Manager, regardless of the location of the Measurement Point and the Sharing Point, thus hindering any event holding the Contracting Party, the Manager, and ANP liable therefor.

More Definitions of Measurement Point

Measurement Point means the inlet flange of Gatherer's meter located at the screw compressor applicable to each Delivery Point or other meter as designated by the Parties.

Measurement Point means the location specified in the approved Development Plan within or outside of the Contract Area where the Petroleum is metered and delivered to the Minister and Contractor.

Measurement Point means the inlet flange of Buyer's Transporter's meter located at the screw compressor applicable to each Delivery Point.

Measurement Point means the location specified in the approved Development Plan within or outside of the Contract Area where the Petroleum is metered and delivered to Minister and Contractor.

Measurement Point means the place(s) at which volumes and qualities of Crude Oil pumped out, received, transmitted or delivered shall be measured, such as the Production Measurement Point and Delivery Measurement Point.

Measurement Point means the point where the flanges connect the Seller's sales measuring equipment to the Buyer's Pipeline;

Measurement Point means the point or points where all Crude Oil, Condensate, Natural Gas and LPG are measured, as more specifically defined in Article 8.4.