Corpus Christi Facility Sample Clauses

Corpus Christi Facility. At the Closing, the Seller and the Purchaser shall enter into a real estate lease for the Corpus Christi, Texas facility, substantially in the form of Exhibit B-1 attached hereto.
Sample 1
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Corpus Christi Facility. 7.2.1 Prior to the T1 DFCD and provided the Conditions Precedent set forth in this Agreement are satisfied or waived in accordance herewith, Seller shall cause the Corpus Christi Facility (only including the Designated Train) to be constructed and commissioned so as to be able to provide liquefaction services and otherwise to achieve commercial operations completion for making available LNG to Buyer under this Agreement. If the Train 2 Trigger Date occurs, then prior to the earlier of T2 DFCD and such time, if any, when Buyer cancels the Train 2 Tranche pursuant to Section 4.6(b), Seller shall cause Train 2 to be constructed and commissioned so as to be able to provide liquefaction services and otherwise to achieve commercial operations completion for making available LNG to Buyer under this Agreement. During the Term, Seller shall at all times cause to be provided, maintained and operated the Corpus Christi Facility in accordance with the following: (a) International Standards; (b) all terms and conditions set forth in this Agreement; (c) Applicable Laws; and (d) to the extent not inconsistent with International Standards, such good and prudent practices as are generally followed in the LNG industry by Reasonable and Prudent Operators of similar LNG liquefaction terminals. 7.2.2 The Corpus Christi Facility shall include the following: (a) appropriate systems for communications with LNG Tankers; (b) a berth, capable of berthing an LNG Tanker having a displacement of no more than one hundred sixty-six thousand (166,000) tons, an overall length of no more than one thousand one hundred forty (1,140) feet (approximately 347 meters), a beam of no more than one hundred seventy-five (175) feet (approximately 53 meters), and a draft of no more than forty (40) feet (approximately 12 meters), which LNG Tankers can safely reach, fully laden, and safely depart, fully laden, and at which LNG Tankers can lie safely berthed and load and unload safely afloat; (c) lighting sufficient to permit loading operations by day or by night, to the extent permitted by Governmental Authorities and Pilots (it being acknowledged, however, that Seller shall in no event be obligated to allow nighttime berthing operations at the Corpus Christi Facility if Seller determines that such operations during nighttime hours could pose safety or operational risks to the Corpus Christi Facility, an LNG Tanker, or a Third Party); (d) facilities capable of transferring LNG at a rate of up to an avera...
Sample 1

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