Common use of Buyer’s Undertaking Clause in Contracts

Buyer’s Undertaking. a) The Parties acknowledge that Gas is a hazardous commodity and that the installation and operation of Gas facilities requires specialist skills. Accordingly, the Buyer unequivocally undertakes and agrees that it shall not commit any unauthorized use of Sales Gas and shall at all times throughout the Contract Period use the Sales Gas purchased under this Contract solely for the purpose as confirmed by the Buyer in the Bid Document. b) Buyer unequivocally undertakes to commence gas offtake on the Offtake Start Date confirmed under the Bid Document for the Quoted Gas Volume. c) In the event of any breach of the conditions of this Article by the Buyer, the Sellers shall at its sole discretion and without prejudice to its other rights under this Contract or at Law be entitled to treat the same as a Buyer’s Event of Default under Article 15.2 and notwithstanding anything to the contrary set out elsewhere the Sellers shall be further entitled to immediately stop and suspend the supply of Sales Gas to the Buyer under this Contract and terminate this Contract in accordance with Article 15.

Buyer’s Undertaking. (a) The Parties acknowledge that Sales Gas is a hazardous commodity and that the installation and operation of Sales Gas facilities requires specialist skills. Accordingly, the Buyer unequivocally undertakes and agrees that it shall not commit any unauthorized use of Sales Gas and shall at all times throughout the Contract Period use the Sales Gas purchased under this Contract solely for the purpose as confirmed by the Buyer in the Bid Documentmentioned under preamble under this Contract. (b) Buyer unequivocally undertakes to commence gas offtake on the Offtake Start Date confirmed under the Technical Bid Document for the Quoted Gas Volume. (c) In the event of any breach of the conditions of this Article by the Buyer, the Sellers shall at its sole discretion and without prejudice to its other rights under this Contract or at Law be entitled to treat the same as a Buyer’s Event of Default under Article 15.2 and notwithstanding anything to the contrary set out elsewhere the Sellers shall be further entitled to immediately stop and suspend the supply of Sales Gas to the Buyer under this Contract and terminate this Contract in accordance with Article 15.