Delivery Point Termination Sample Clauses

Delivery Point Termination. If this Contract is terminated in its entirety or with respect to the committed acreage upstream of any Delivery Point, Buyer shall be obligated to offer to enter into a written agreement with Seller to receive the gas produced from the acreage affected by the termination at the applicable Delivery Point and redeliver thermally equivalent quantities (less actual fuel and line loss, not to exceed 5% of the Delivery Point MMBtus) to or for the benefit of Seller at the tailgate of the plant. Buyer’s written offer is due no later than five (5) business Days following termination and is to remain open for acceptance by Seller for a period of at least ten (10) business Days after Buyer makes the offer.