first sale

(A) General rule The term “first sale” means any sale of any volume of natural gas— (i) to any interstate pipeline or intrastate pipeline; (ii) to any local distribution company; (iii) to any person for use by such person; (iv) which precedes any sale described in clauses (i), (ii), or (iii); and (v) which precedes or follows any sale described in clauses (i), (ii), (iii), or (iv) and is defined by the Commission as a first sale in order to prevent circumvention of any maximum lawful price established under this chapter.

Source

15 USC § 3301(21)(A)


Scoping language

For purposes of this chapter
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