Many Islands Pipe Lines (Canada) Limited MIPL(C)L
Definitions
- P - Person: means and includes MIPL(C)L, a Customer, a corporation, a company, a partnership, an association, a joint venture, a trust, an unincorporated organization, a government, or department of a government or a section, branch, or division of a department of a government. Point of Delivery: means the point or points on MIPL(C)L’s system, as specified in the MIPL(C)L Contractto a Service Agreement, at which MIPL(C)L delivers from its Gas pipeline system to Shipper the Gas that has been transported hereunder. Point of Receipt: means the point or points on MIPL(C)L’s system, as specified in the MIPL(C)L Contract to a Service Agreement, at which MIPL(C)L receives from Shipper the Gas to be transported hereunder. Prime Rate: means the annual rate of interest announced from time to time by the Royal Bank of Canada as being its reference rate for determining the interest rates on Canadian dollar commercial loans in Canada.
Page 14
Made with FlippingBook Ebook Creator