Common use of Form of Parent Guarantee Clause in Contracts

Form of Parent Guarantee. [On Guarantor letterhead] This guarantee and indemnity agreement (hereinafter referred to as the “Guarantee”) effective on this the [ ] day of [ ], 20[ ], is entered into by BECHTEL GLOBAL ENERGY, INC., a corporation organized and existing under the laws of the state of Delaware, United States of America, having its registered office located at 00 Xxxxx Xxxxxx, San Francisco, California, 94105-1845 U.S.A. (hereinafter referred to as “Guarantor”), in favor of Sabine Pass Liquefaction, LLC (hereinafter referred to as “Owner”). In consideration of Owner entering into an Engineering, Procurement and Construction agreement between Owner and Guarantor’s wholly owned affiliate XXXXXXX OIL, GAS AND CHEMICALS. INC. (“Contractor”) and dated the [ ] day of [ ], 20[ ] (“Agreement”) and accepting this Guarantee in respect of such Agreement it is agreed as follows:

Form of Parent Guarantee. [On Guarantor letterhead] This guarantee and indemnity agreement (hereinafter referred to as the “Guarantee”) effective on this the [ •] day of [ ], 20[ ], is entered into by BECHTEL GLOBAL ENERGY, INC., a corporation organized and existing under the laws of the state of Delaware, United States of America, having its registered office located at 00 00000 Xxxxxx Xxxxx Xxxx, Xxxxxx, San FranciscoXxxxxxxx, California, 9410500000-1845 U.S.A. 0000 X.X.X. (hereinafter referred to as “Guarantor”), in favor of Sabine Pass Liquefaction, LLC (hereinafter referred to as “Owner”). In consideration of Owner entering into an Engineering, Procurement and Construction agreement between Owner and Guarantor’s wholly owned affiliate XXXXXXX BECHTEL OIL, GAS AND CHEMICALS. , INC. (“Contractor”) for the Stage 4 Liquefaction Facility and dated the [ ] day of [ ], 20[ ] (“Agreement”) and accepting this Guarantee in respect of such Agreement it is agreed as follows: