Common use of BUYER'S FACILITIES Clause in Contracts

BUYER'S FACILITIES. For CGD entities: the City Gate Station and City Gas Distribution network including all equipment installed by Buyer in the Authorised Area for City Gas Distribution. • For aggregators / resellers: the Gas receiving, and handling facilities located at , at which the pipeline connects with the downstream transporter. • For other Buyers: The Gas receiving, and handling facilities located at , at which the Gas sold under this Agreement is to be consumed Both parties are obligated to operate their respective facilities in accordance with the standard of a reasonable and prudent operator. Buyer will be obligated to ensure that gas transporter also operates its facilities in accordance with the standard of a reasonable and prudent operator. 13 Take or Pay/Supply or Pay Take or Pay Daily volume (DCQ) quantity allocated to each successful bidder during the contract tenure will be under 100% take or pay. Wherein, EEPIL will try to ensure the 100% supply as per DCQ with the flexibility of + /- 5% on monthly basis. 14 Specification The quality of gas to be supplied shall be as specified in Annexure II below. 15 Title of the gas Title to and responsibility for the Gas shall be transferred from Seller to Buyer at the Delivery Point i.e. ex-Dahej RLNG terminal, Gujarat 16 Indemnity 1) Each Party shall indemnify, keep indemnified and hold harmless the other Party and its respective directors, officers, employees and agents against any and all costs (including legal fees on a full indemnity basis), losses, damages, expenses, demands, claims, actions or suits that it may suffer or incur that arise out of any breach of any obligation by either Party under the GSPA; provided, however, that the other Party shall endeavour to mitigate the impact of any such breach and minimise the damages, losses, penalties, expenses and costs arising there from.

Appears in 3 contracts

Samples: Gas Sales and Purchase Agreement, Gas Sales and Purchase Agreement, Gas Sales and Purchase Agreement

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BUYER'S FACILITIES. For CGD entities: the City Gate Station and City Gas Distribution network including all equipment installed by Buyer in the Authorised Area for City Gas Distribution. For aggregators / resellers: the Gas receiving, and handling facilities located at , at which the pipeline connects with the downstream transporter. For other Buyers: The Gas receiving, and handling facilities located at , at which the Gas sold under this Agreement is to be consumed Both parties are obligated to operate their respective facilities in accordance with the standard of a reasonable and prudent operator. Buyer will be obligated to ensure that gas transporter also operates its facilities in accordance with the standard of a reasonable and prudent operator. 13 Take or Pay/Supply or Pay Take or Pay Daily volume (DCQ) quantity allocated to each successful bidder during the contract tenure will be under 100% take or pay. Wherein, EEPIL will try to ensure the 100% supply as per DCQ with the flexibility of + /- 5% on monthly basis. 14 Specification The quality of gas to be supplied shall be as specified in Annexure II below. 15 Title of the gas Title to and responsibility for the Gas shall be transferred from Seller to Buyer at the Delivery Point i.e. ex-Dahej RLNG terminal, Gujarat 16 Indemnity 1) Each Party shall indemnify, keep indemnified and hold harmless the other Party and its respective directors, officers, employees and agents against any and all costs (including legal fees on a full indemnity basis), losses, damages, expenses, demands, claims, actions or suits that it may suffer or incur that arise out of any breach of any obligation by either Party under the GSPA; provided, however, that the other Party shall endeavour to mitigate the impact of any such breach and minimise the damages, losses, penalties, expenses and costs arising there from.

Appears in 1 contract

Samples: Gas Sales and Purchase Agreement

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