Sabine Pass Terminal definition

Sabine Pass Terminal has the meaning set forth in the first Whereas clause of this Agreement.
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Sabine Pass Terminal has the meaning set forth in the Recitals to the Common Terms Agreement.
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Sabine Pass Terminal means the liquefied natural gas regasification facility owned and operated by SPLNG with regasification and send-out capacity of approximately 4.3 Bcf/d, storage capacity of approximately 16.9 Bcfe and two (and up to three) marine berths.
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Examples of Sabine Pass Terminal in a sentence

  • Subject to the conditions set forth in this Section 4.1(b), LNGCo shall be obligated to enter into LNG Purchase Agreements for any LNG cargoes which CMI is required to purchase pursuant to the CMI agreements listed in Exhibit A which are to be delivered to Sabine Pass Terminal during the Term.

  • LNGCo hereby appoints CMI to act as LNGCo's nomination and scheduling agent (but for no other purposes) with respect to Natural Gas that (A) has been acquired by LNGCo under this Agreement or regasified from LNG acquired by LNGCo under this Agreement and (B) will flow through the Creole Trail Pipeline or the natural gas pipeline owned by Xxxxxx Xxxxxx Louisiana Pipeline LLC originating at the tailgate of the Sabine Pass Terminal.

  • LNGCo shall enter into such physical sales and will sell such inventory to one or more of its Affiliates for subsequent sale to third parties; provided, however, that LNGCo shall not be required to enter into such physical sale, or performance shall be excused in the case of a prior physical sale, in the event LNGCo is unable to nominate the applicable quantity of Gas as result of Force Majeure, Sabine Pass Terminal Unavailability or the inability of a Downstream Pipeline to take delivery of such Gas.

  • During the Term pursuant to the terms of the Tri-Party Agreement, LNGCo may elect to enter into a Term Purchase TUA, and designate in writing to CMI that one or more LNG Purchase Agreements be received at the Sabine Pass Terminal by LNGCo under such Term Purchase TUA, and such LNG Purchase Agreements shall be “Term Purchase Agreements”.

  • If, prior to 12 January 1, 2011, operational events at the Sabine Pass Terminal occur that would require CMI to change the schedule of vaporization of quantities of LNG that would result in a reduction of the Adjusted Portfolio Value associated with the Inventory Quantity, then CMI will reimburse LNGCo for any such reductions in value resulting from such change in schedule within three (3) Business Days of the occurrence of each such operational event.

  • Pursuant to the terms of this ARTICLE III, CMI hereby sells, and LNGCo hereby purchases and agrees to pay for, CMI’s LNG inventory stored in the storage tanks at the Sabine Pass Terminal as of the Effective Date other than such inventory that is leased to Sabine (the “Inventory Quantity”).


More Definitions of Sabine Pass Terminal

Sabine Pass Terminal means the liquefied natural gas receiving terminal in western Cameron Parish, Louisiana on the Sabine Pass Channel. “SEC” shall mean the Securities and Exchange Commission, any successor thereto and any analogous Governmental Authority.
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Sabine Pass Terminal has the meaning provided in the Preamble.
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Sabine Pass Terminal means the liquefied natural gas receiving terminal in western Cameron Parish, Louisiana on the Sabine Pass Channel.
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Sabine Pass Terminal means the LNG terminal facility, along the Xxxxxx Xxxxxx Waterway under construction by Sabine Pass LNG L.P. in western Cameron Parish, Louisiana.
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Sabine Pass Terminal has the meaning set forth in the first Whereas clause of this Agreement. “Sabine Pass Terminal Unavailability” means some or all of the Services (as defined in the TUA Agreement) are unavailable to LNGCo on any day (or any portion of a day) during the Term as a result of Force Majeure (as defined in the TUA Agreement) or an unscheduled curtailment or temporary discontinuation of such Services as provided in the TUA Agreement. “Services” has the meaning set forth in Section 4.1. “Services Fee” has the meaning set forth in Exhibit C. “Surrender Agreement” has the meaning set forth in the second Whereas clause of this Agreement. “Tailgate Price” has the meaning set forth in Exhibit C. “Term” has the meaning set forth in Section 9.1(a). “Term Purchase Agreements” has the meaning set forth in Section 4.3. “Term Purchase Margin” has the meaning set forth in Exhibit C. “Term Purchase TUA” has the meaning given such term in the Tri-Party Agreement. “Termination Date” has the meaning set forth in Section 9.1(a). “Termination (Default) Notice” means a written notice of termination delivered by the non-defaulting Party pursuant to Section 9.4. “Termination Settlement Statement” means a statement setting forth, in reasonable detail, the summary information for each transaction entered into pursuant to this Agreement during the Term and the related calculations made pursuant to the terms of this Agreement. “Transfer” means payment or delivery by wire transfer to Party’s bank account as specified in Section 14.9 in immediately available funds not later than (i) if a demand for the Transfer is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next Business Day; and (ii) if a demand is made after the Notification Time, then the relevant Transfer will be made not later that the close of business on the second (2nd) Business Day following demand by such Party. 7 “Tri-Party Agreement” has the meaning set forth in the fourth Whereas clause of this Agreement. “TUA Agreement” has the meaning set forth in the first Whereas clause of this Agreement. “Valuation Date” means each Business Day during the Term. “Valuation Time” means the close of business (5:00 p.m.) in New York, New York on the Business Day immediately preceding the Valuation Date or date of calculation, as applicable. “Volume Statement Report” has the meaning set forth in Section 3.1. 1.2
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Related to Sabine Pass Terminal

  • Access Terminal means any device used to access any of Your Accounts, including without limitation an ATM, a computer, a portable hand-held device, or a telephone, including any form of mobile telephone or Mobile Device.

  • Terminal means a device authorized by a Party Lottery to function in an on-line, interactive mode with the lottery's computer gaming system for the purpose of issuing lottery tickets and entering, receiving, and processing lottery transactions, including purchases, validating tickets, and transmitting reports.

  • Marine terminal means a public or private commercial wharf

  • POS Terminal or ‘Point-of-Sale Terminal’ means an electronic device used by a Retailer to authorise and accept a Card Transaction.

  • Bulk gasoline terminal means a gasoline storage facility which receives gasoline from its supply source primarily by pipeline, ship, or barge, and delivers gasoline to bulk gasoline plants or to commercial or retail accounts primarily by tank truck; and has an average daily throughput of more than 76,000 liters (20,000 gallons) of gasoline.

  • Terminals means the Terminals set forth on Schedule A attached hereto.

  • Generation Interconnection Customer means an entity that submits an Interconnection Request to interconnect a new generation facility or to increase the capacity of an existing generation facility interconnected with the Transmission System in the PJM Region. Generation Interconnection Request:

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.

  • Container Terminal means any container terminal contemplated in section 6(1)(i);

  • Ground water means water below the land surface in a zone of saturation.

  • Interconnection Service Agreement means an agreement among the Transmission Provider, an Interconnection Customer and an Interconnected Transmission Owner regarding interconnection under Tariff, Part IV and Tariff, Part VI.

  • Generator Planned Outage means the scheduled removal from service, in whole or in part, of a generating unit for inspection, maintenance or repair with the approval of the Office of the Interconnection in accordance with the PJM Manuals.

  • Generation Interconnection Facilities Study means a Facilities Study related to a Generation Interconnection Request.

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.

  • Generator Operator means the Person that Operates the Generating Facility and performs the functions of supplying electric energy and interconnected operations services within the meaning of the NERC Reliability Standards.

  • Generator Forced Outage means an immediate reduction in output or capacity or removal from service, in whole or in part, of a generating unit by reason of an Emergency or threatened Emergency, unanticipated failure, or other cause beyond the control of the owner or operator of the facility, as specified in the relevant portions of the PJM Manuals. A reduction in output or removal from service of a generating unit in response to changes in market conditions shall not constitute a Generator Forced Outage.

  • Terminal operator means a person who owns, operates, or otherwise controls a terminal.

  • Airport Ground Support Equipment means vehicles and equipment used at an airport to service aircraft between flights.

  • Interconnection Customer means a Generation Interconnection Customer and/or a Transmission Interconnection Customer.

  • Generation Interconnection Feasibility Study means a study conducted by the Transmission Provider (in coordination with the affected Transmission Owner(s)) in accordance with Tariff, Part IV, section 36.2.

  • Interconnection Service means the physical and electrical interconnection of the Customer Facility with the Transmission System pursuant to the terms of Tariff, Part IV and Tariff, Part VI and the Interconnection Service Agreement entered into pursuant thereto by Interconnection Customer, the Interconnected Transmission Owner and Transmission Provider. Interconnection Service Agreement:

  • smart metering system means an electronic system that can measure energy consumption, providing more information than a conventional meter, and can transmit and receive data for information, monitoring and control purposes, using a form of electronic communication;

  • Interconnection Activation Date means the date that the construction of the joint facility Interconnection arrangement has been completed, trunk groups have been established, joint trunk testing is completed and trunks have been mutually accepted by the Parties.

  • Auxiliary Water Supply means any water supply on or available to the premises other than the water purveyor's approved public water supply such as, but not limited to, a private well, pond or river.

  • Customer Interconnection Facilities means all facilities and equipment owned and/or controlled, operated and maintained by Interconnection Customer on Interconnection Customer’s side of the Point of Interconnection identified in the appropriate appendices to the Interconnection Service Agreement and to the Interconnection Construction Service Agreement, including any modifications, additions, or upgrades made to such facilities and equipment, that are necessary to physically and electrically interconnect the Customer Facility with the Transmission System.

  • Local Access Transport Area or "LATA" is as defined in the Act.