Common use of LNG Production Rate Performance Guarantee Clause in Contracts

LNG Production Rate Performance Guarantee. Each LNG Train shall have an LNG Production Rate equal to or greater than *** MMbtu HHV (“LNG Production Rate Performance Guarantee”), produced over a 72 hour continuous period using the Measurement and Calculation Methods specified in Attachment S; provided that the LNG Production Rate Performance Guarantee Conditions stipulated in Attachment S are met. Revisions to this Section 2, subsection A, if required as a result of inclusion of HRU Work scope, will be agreed to by Owner and Contractor, both acting reasonably and in good faith, prior to or at the time the final test procedures for the conduct of the Performance Tests are established in accordance with Section 11.2 of the Agreement.

Appears in 4 contracts

Samples: Lump Sum Turnkey Agreement, Lump Sum Turnkey Agreement (Sabine Pass Liquefaction, LLC), Lump Sum Turnkey Agreement (Cheniere Energy Partners LP Holdings, LLC)

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