Buyer’s Priority Sample Clauses

Buyer’s Priority. By making the commitments to make Gas available under this Agreement, Xxxxxx agrees to provide to Buyer adequate Gas to satisfy its obligations under this Agreement. Any subsequent third party agreements that Xxxxxx enters into to dispose of Seller’s Gas after the Effective Date and during the Term must recognize this Agreement and Buyer’s priority to the Firm Gas, as provided by the terms of this Agreement. With effect from the Start Date, Xxxxx has first call on sufficient volumes of Gas produced from Seller’s Facilities to satisfy Buyer’s right to Firm Gas under this Agreement. Seller shall have the right to sell any remaining Gas produced from Seller's Facilities to any purchaser. The transactions described in the preceding sentence are collectively defined as “New Sales.” The right to make any New Sales for Gas volumes is subject to the following constraints:
Sample 1
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Buyer’s Priority. Each agreement for the sale of Gas produced in the Xxxx Inlet Area to a third party entered into by Seller after the Effective Date shall contain the following provision: If it is at any time determined that Seller’s Gas Reserves are insufficient to permit it to make deliveries under this agreement, use sufficient Field Operations Gas, and meet its obligations to Alaska Pipeline Company under the Gas Sale and Purchase Agreement dated December 23, 2015 (“APL GSA”), Gas deliveries under this agreement may be reduced or terminated by Seller in its sole discretion. Seller’s Gas Reserves will be determined in accordance with the provisions of the APL GSA.
Sample 1

Related to Buyer’s Priority

  • BUYER’S PROPERTY Seller shall clearly mark, maintain an inventory of, and keep segregated or identifiable all of Buyer's property and all property to which Xxxxx acquires an interest by virtue of this Contract. Seller assumes all risk of loss, destruction or damage of such property while in Seller's possession, custody or control, including any transfer to Seller’s subcontractors. Upon request, Seller shall provide Buyer with adequate proof of insurance against such risk of loss. Seller shall not use such property other than in performance of this Contract without Xxxxx's prior written consent. Seller shall notify Xxxxx's Authorized Procurement Representative if Xxxxx's property is lost, damaged or destroyed. As directed by Xxxxx, upon completion, termination or cancellation of this Contract, Seller shall deliver such property, to the extent not incorporated in delivered Goods, to Buyer in good condition subject to ordinary wear and tear and normal manufacturing losses. Nothing in this Article limits Seller's use, in its direct contracts with the Government, of property in which the Government has an interest

  • ORDER OF PRIORITY In the case of any conflict between or within this Agreement, the following order of priority shall be utilized: 1) General Provisions, 2) Special Provisions, 3) Scope of Work, and, 4)

  • DEFENSE PRIORITY AND ALLOCATION REQUIREMENTS This is a rated order certified for national defense, and Seller shall follow all the requirements of the Defense Priorities and Allocations System regulation (15 CFR 700). Unless otherwise stated the Defense Priority is DO-E2.

  • Priority Lien Status The County’s right to receive FILOT payments hereunder shall have a first priority lien status pursuant to Sections 12-44-90(E) and (F) of the FILOT Act and Chapters 4, 49, 51, 53, and 54 of Title 12 of the Code.

  • Liquidation Priority In a Liquidity Event or Dissolution Event, this Safe is intended to operate like standard non-participating Preferred Stock. The Investor’s right to receive its Cash-Out Amount is:

  • Lien 22.1. The Company shall have a general lien on all funds held by the Company on the Client’s behalf until the satisfaction of the Client’s obligations.

  • PURCHASER’S PROPERTY 6.1. Materials such as components, machinery, tools, models, moulds, jigs and fixtures, accessories or others which may bemade available to the Supplier by the Purchaser for the purposes of the Contract shall be under the Supplier's responsibility; the Supplier shall take out insurance against any damage that they might suffer and shall clearly mark them and record them as being the property of the Purchaser.

  • Priority Hiring If the Contract Amount is over $200,000 and this Agreement is for services (other than Consulting Services), this section is applicable. Contractor shall give priority consideration in filling vacancies in positions funded by this Agreement to qualified recipients of aid under Welfare and Institutions Code section 11200 in accordance with PCC 10353.

  • Composition and Priority The Contractor agrees to provide commodities or contractual services to the Customer as specified in the Contract. Additionally, the terms of the Contract supersede the terms of all prior agreements between the Parties on this subject matter.

  • Collateral The Collateral for this Note includes the Funding Agreement and the Guarantee specified on the face hereof.

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