ELC’s Obligation to Deliver LNG; Customer’s Obligation to Receive LNG Sample Clauses

ELC’s Obligation to Deliver LNG; Customer’s Obligation to Receive LNG. (a) For all Gas received by ELC at the Twin 30s Interconnection, ELC shall liquefy such Gas through the ELC Liquefaction Facilities and shall deliver a volume of LNG and any vapor generated during the production of Condensate, net of Retainage and Condensate, to Customer’s account with SLNG at the SLNG Delivery Point. Such LNG shall be delivered at the SLNG Delivery Point by ELC and such deliveries shall automatically increase Customer’s LNG Balance by the amount delivered to Customer’s Service Agreements in the following order: XXXXXX-00 (XXX-0), XXXXXX-00 (XXX-0), or other contracts Customer may enter into under Rate Schedule LNG-2, unless otherwise specified by Customer by giving ELC prior written notice of such change in priority. All LNG delivered and measured by ELC at the SLNG Delivery Point shall be deemed to be delivered to Customer in the form of LNG . Customer may have LNG delivered to another SLNG FTS or ITS contract account not provided herein by giving ELC prior written notice of the applicable volumes to be delivered into the designated account. If the contract holder is a party other than Customer, ELC shall require confirmation in writing of such third party’s consent and warranty that (i) such third party has a valid FTS or ITS Service Agreement with SLNG and is eligible to receive quantities of LNG for storage under the terms of SLNG’s FERC Gas Tariff; (ii) it is agreeable that such quantities may be delivered to it by ELC at the SLNG Delivery Point for storage; (iii) it has title or will have title to the LNG upon delivery; and, (iv) proof of such title, if requested by ELC. In any case, the deliveries to any specific SLNG account may not result in a LNG Balance which exceeds the existing EXECUTION VERSION maximum storage quantity of the SLNG FTS or ITS Service Agreement to which LNG volumes are being delivered at the Xxxx Island Terminal.
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Related to ELC’s Obligation to Deliver LNG; Customer’s Obligation to Receive LNG

  • Conditions to Each Party’s Obligation to Close The obligations of the Parties to consummate the transactions contemplated by this Agreement shall be subject to the satisfaction, at or prior to the Closing, of each of the following conditions:

  • Conditions to Seller’s Obligation to Close The obligation of the Seller to convey the Property to the Purchaser is subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

  • CONDITIONS PRECEDENT TO THE BUYER’S OBLIGATION TO PURCHASE The obligation of the Buyer hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion:

  • Conditions to The Buyer’s Obligation to Purchase The obligation of the Buyer hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion:

  • Conditions To Seller's Obligation To Sell Seller's obligation to sell the Debentures is conditioned upon:

  • Conditions to the Company’s Obligation to Close The obligation of the Company hereunder to consummate the Closing is subject to the satisfaction or waiver by the Company, at or before the Closing Date, of each of the following conditions:

  • Conditions to The Purchaser’s Obligation to Purchase The obligation of the Purchaser hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Purchaser’s sole benefit and may be waived by the Purchaser at any time in its sole discretion:

  • CONDITIONS PRECEDENT TO THE SELLER’S OBLIGATION TO CLOSE The Seller’s obligation to sell the Assets and to take the other actions required to be taken by the Seller at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by the Seller, in whole or in part, in writing):

  • CONDITIONS TO THE PURCHASER’S OBLIGATION TO CLOSE The obligation of the Purchaser to acquire the Property shall be subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

  • CONDITIONS TO EACH BUYER’S OBLIGATION TO PURCHASE The obligation of each Buyer hereunder to purchase the Notes and Warrants at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for such Buyer's sole benefit and may be waived by such Buyer at any time in its sole discretion:

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