Additional LNG Storage Sample Clauses

Additional LNG Storage. If requested by Customer, SABINE and Customer will use commercially reasonable efforts to agree upon mutually acceptable terms and conditions, including financing, under which SABINE would cause to be constructed an additional LNG storage tank with a working capacity of approximately one hundred sixty thousand (160,000) Cubic Meters of LNG for the benefit of Customer at the Sabine Pass Facility. If such mutually acceptable terms and conditions are agreed upon by Customer and SABINE, or if no such acceptable agreement is reached, but Customer directly or indirectly commits to provide, at its sole cost, all necessary construction funding reasonably acceptable to SABINE, then SABINE shall cause such additional tank to be constructed promptly upon: (i) receipt by SABINE of all Approvals for such construction and operation; and (ii) receipt by SABINE of any required Lender approvals. Subject to (i) and (ii) above, SABINE shall cause completion of such additional LNG storage tank as soon as possible but no later than four (4) years after such Customer request. All provisions of the Agreement not specifically amended hereby shall remain in full force and effect.
Sample 1
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Additional LNG Storage. If requested by Customer, SABINE shall construct, or permit the construction of, an additional LNG storage tank with a working capacity of approximately one hundred sixty thousand (160,000) Cubic Meters of LNG for the benefit of Customer at the Sabine Pass Facility, promptly upon: (i) receipt by SABINE of all Approvals for such construction and operation; (ii) receipt by SABINE of any required Lender approvals; and (iii) SABINE obtaining financing for construction of such additional LNG storage tank reasonably acceptable in form and content to SABINE. Subject to (i), (ii) and (iii) above, SABINE shall cause completion of such additional LNG storage tank as soon as possible but no later than four (4) years after such Customer request.
Sample 1

Related to Additional LNG Storage

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