Common use of RECEIPT POINTS, DELIVERY POINTS AND PRESSURES Clause in Contracts

RECEIPT POINTS, DELIVERY POINTS AND PRESSURES. 5.1. Receipt Points and Delivery Points. The Receipt Points are set forth on Exhibit A. The Delivery Points are set forth on Exhibit B. Shipper may request at any time and from time to time that Transporter agree to one or more additional Receipt Points or Delivery Points on Transporter's Pipeline. Transporter shall not unreasonably withhold its agreement to the addition of any additional Receipt Point or Delivery Point requested by Shipper as long as Shipper reimburses Transporter for all incremental costs incurred or to be incurred by Transporter as a result of the addition of such Receipt Point or Delivery Point and, with respect to requested Receipt Points only, so long as Transporter owns or controls the well or ▇▇▇▇▇ to be producing into the requested Receipt Point. If Transporter's estimated incremental cost to establish an additional Receipt Point or Delivery Point requested by Shipper exceeds $25,000, then Transporter shall be entitled to require that Shipper pay Transporter such estimated incremental cost before agreeing to add such additional Receipt Point or Delivery Point, with a "true-up" payment being made by the appropriate party to the other party when the final, actual incremental costs of such additional Receipt Point or Delivery Point are known. Upon the addition of any Receipt Point or Delivery Point, the parties shall execute an amendment of this Agreement which shall reflect all of the Receipt Points or Delivery Points on a revised Exhibit A or Exhibit B, as appropriate. The exact point at which delivery by Transporter to Shipper shall be deemed to be made shall be the flange or weld connecting the facilities of Transporter's Pipeline with the facilities of Shipper or Shipper's designee.

Appears in 2 contracts

Sources: Transportation Agreement (Genesis Energy Lp), Transportation Agreement (Genesis Energy Lp)

RECEIPT POINTS, DELIVERY POINTS AND PRESSURES. 5.1. 5.1 Receipt Points and Delivery Points. The Receipt Points are set forth on Exhibit A. The Delivery Points are set forth on Exhibit B. Shipper may request at any time and from time to time that Transporter agree to one or more additional Receipt Points or Delivery Points on Transporter's Pipeline. Transporter shall not unreasonably withhold its agreement to the addition of any additional Receipt Point or Delivery Point requested by Shipper as long as Shipper reimburses Transporter for all incremental costs incurred or to be incurred by Transporter as a result of the addition of such Receipt Point or Delivery Point and, with respect to requested Receipt Points only, so long as Transporter owns or controls the well or ▇▇▇▇▇ wells to be producing into the requested Receipt Point. If Transporter's estimated Transporte▇'▇ ▇stimated incremental cost to establish an additional Receipt Point or Delivery Point requested by Shipper exceeds $25,000, then Transporter shall be entitled to require that Shipper pay Transporter such estimated incremental cost before agreeing to add such additional Receipt Point or Delivery Point, with a "true-up" payment being made by the appropriate party to the other party when the final, actual incremental costs of such additional Receipt Point or Delivery Point are known. Upon the addition of any Receipt Point or Delivery Point, the parties shall execute an amendment of this Agreement which shall reflect all of the Receipt Points or Delivery Points on a revised Exhibit A or Exhibit B, as appropriate. The exact point at which delivery by Transporter to Shipper shall be deemed to be made shall be the flange or weld connecting the facilities of Transporter's Pipeline with the facilities of Shipper or Shipper's designee.

Appears in 1 contract

Sources: Carbon Dioxide Transportation Agreement (Genesis Energy Lp)