DIVERTED CARGOES Sample Clauses

DIVERTED CARGOES. The Transporter shall deliver each LNG cargo scheduled for delivery in the FOB ADP or FOB Ninety Day Schedule, as applicable, and loaded in accordance with the terms of this Agreement to DES Buyer under the DES SPA, unless such cargo has been designated as a Diverted Cargo in the FOB ADP or FOB Ninety Day Schedule, as applicable.
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DIVERTED CARGOES. In order to determine the margin allocable to the Cargo Lock Value and the Adjusted Gross Margin for cargoes of LNG that are purchased under an LNG Purchase Agreement but then diverted to a new destination prior to final delivery, the following valuation procedures shall be used: (a) With respect to a cargo of LNG that is originally scheduled for delivery to the Sabine Pass Terminal, but is later directed for delivery to another terminal the methodology for calculating Cargo Lock Value for such LNG Opportunities shall remain the same as in the Initial Sales Plan.
Sample 1
DIVERTED CARGOES. In order to determine the margin allocable to the Cargo Lock Value and the Adjusted Gross Margin for cargoes of LNG that are purchased under an LNG Purchase Agreement but then diverted to a new destination prior to final delivery, the following valuation procedures shall be used: (a) With respect to a cargo of LNG that is originally scheduled for delivery to the Sabine Pass Terminal, but is later directed for delivery to another terminal the methodology for calculating Cargo Lock Value for such LNG Opportunities shall remain the same as in the Initial Sales Plan. (b) With respect to a cargo of LNG that is originally scheduled for delivery to a terminal other than the Sabine Pass Terminal, but is later directed for delivery to the Sabine Pass Terminal the Cargo Lock Value or the methodology for calculating the Cargo Lock Value will be mutually agreed upon by the Parties.
Sample 1

Related to DIVERTED CARGOES

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