Liquefaction Train Systems Sample Clauses
The 'Liquefaction Train Systems' clause defines the technical and operational requirements for the systems used to convert natural gas into liquefied natural gas (LNG) within a facility. It typically outlines the specifications for the design, installation, and performance standards of the liquefaction trains, including components such as compressors, heat exchangers, and control systems. By establishing clear expectations for these critical systems, the clause ensures reliable and efficient LNG production, minimizing operational risks and supporting compliance with safety and environmental standards.
Liquefaction Train Systems i. The delivery schedule for the Liquefaction Trains assumes that a limited notice to proceed pursuant to Appendix A attached to Exhibit A of this Agreement (“LTS LNTP”) will be issued authorizing the scope of services included in such LTS LNTP with respect to the applicable LTS Purchase Order for a Liquefaction Train System no later than [***] prior to the issuance of the full notice to proceed authorizing the applicable Seller to proceed with the full scope of work under such LTS Purchase Order (“LTS FNTP”). If the LTS LNTP is issued less than [***] prior to the issuance of the LTS FNTP under a LTS Purchase Order, the delivery schedule for such LTS Purchase Order shall be extended day for day for each day the LTS LNTP was issued less than [***] prior to the issuance of the LTS FNTP. VGLNG and BH acknowledge and agree that the amounts payable with respect to the services performed under the LTS LNTP for a LTS Purchase Order, not including any amount that may be due in connection with a termination of the LTS Purchase Order, shall be payable in accordance with the payment schedule set forth in Appendix B to Exhibit A of this Agreement and shall not exceed [***] of the Contract Price. The scope of the applicable Seller’s services under the LTS LNTP is described in Appendix C that is included in Exhibit A, which is attached hereto and incorporated by reference herein.
ii. VGLNG and BH acknowledge that the Liquefaction Trains will be delivered when completed on a specific schedule that requires continuous and regular deliveries. While initial delivery dates may vary and are ultimately subject to the terms of the applicable LTS Purchase Order, the applicable Seller will deliver the Liquefaction Trains under such LTS Purchase Order as follows: (i) the first two (2) Liquefaction Trains under such LTS Purchase Order within [***] following the LTS FNTP date of such LTS Purchase Order; (ii) each subsequent set of two (2) Liquefaction Trains under such LTS Purchase Order will be delivered between [***] and [***] after the delivery date of the preceding set of two (2) Liquefaction Trains until the total quantity of Liquefaction Trains under such LTS Purchase Order is complete. The delivery schedule under each LTS Purchase Order shall ensure that at least [***] exist between the delivery date of the last two (2) Liquefaction Trains of an LTS Purchase Order and the delivery date of the first two (2) Liquefaction Trains of the subsequent LTS Purchase Order; provided how...
Liquefaction Train Systems i. One or more Purchasers intends to purchase from a Seller up to [***] Liquefaction Train Systems (in addition to the Liquefaction Train Systems purchased pursuant to the First LTS Purchase Order, the Second LTS Purchase Order and the Third LTS Purchase Order) capable of producing no less than [***] MTPA pursuant to one (1) or more LTS Purchase Orders, subject to the terms and conditions of this Agreement.
ii. BH and VGLNG intend that the applicable Seller and the applicable Purchaser shall, upon the election by VGLNG, execute one (1) or more LTS Purchase Orders for: (i) the fourth Liquefaction Train System on or before the Fourth LTS Order End Date; (ii) the fifth Liquefaction Train System on or before the Fifth LTS Order End Date; (iii) the sixth Liquefaction Train System on or before the Sixth LTS Order End Date; (iv) the seventh Liquefaction Train System on or before the Seventh LTS Order End Date; (v) the eighth Liquefaction Train System on or before the Eighth LTS Order End Date; (vi) the ninth Liquefaction Train System on or before the Ninth LTS Order End Date; (vii) the tenth Liquefaction Train System on or before the Tenth LTS Order End Date; (viii) the eleventh Liquefaction Train System on or before the Eleventh LTS Order End Date; (ix) the twelfth Liquefaction Train System on or before the Twelfth LTS Order End Date; and (x) the thirteenth Liquefaction Train System on or before the Final LTS Order End Date, in each case, for delivery of such Liquefaction Train Systems to the relevant Project designated by Purchaser in accordance with the relevant LTS Purchase Order and the delivery schedule set forth in Section 2.2(a). Notwithstanding Section 2.1(a)(i), VGLNG and BH acknowledge and agree that, subject to Section 2.3(a)(v), neither VGLNG, nor any Purchaser, shall be obligated to purchase or pay for and, without prejudice to its obligations under Section 1, neither BH nor any Seller shall be obligated to sell or supply any of the Liquefaction Train Systems, unless or until a definitive LTS Purchase Order is executed by the applicable Purchaser and the applicable Seller.
Liquefaction Train Systems i. In consideration of the obligations in this Agreement, BH shall cause to be reserved for VGLNG dedicated manufacturing capacity at BH’s affiliated manufacturing facilities located in [***] or [***] (collectively, the “Manufacturing Facilities”), such that [***] sets of [***] Liquefaction Trains, each capable of producing in the aggregate no less than eleven and