Common use of Makeup Gas Clause in Contracts

Makeup Gas. (a) If the Buyer has paid GNT Amount during a Term of the Agreement, subject to availability of the Gas, the Buyer shall be entitled to a credit for the quantity of Sales Gas, up to a quantity equal in value to that of GNT Amount until the expiry of the Recovery Period (“Makeup Gas”). However, Sellers shall not be under an obligation to supply Sales Gas beyond DCQ for the purpose of supplying such Make-up Gas.

Appears in 4 contracts

Samples: Gas Sales Agreement, Gas Sales Agreement, Gas Sales Agreement

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Makeup Gas. (a) If the Buyer has paid GNT Amount during a Term of the Agreement, subject to availability of the Gas, the Buyer shall be entitled to a credit for the quantity of Sales Gas, up to a quantity equal in value to that of GNT Amount in subsequent Fortnight, until the expiry of the Recovery Period (“Makeup Gas”). However, Sellers shall not be under an obligation to supply Sales Gas beyond DCQ for the purpose of supplying such Make-up Gas.

Appears in 3 contracts

Samples: Gas Sales Agreement, Gas Sales Agreement, Gas Sales Agreement

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Makeup Gas. (a) If the Buyer has paid GNT Amount during a the Term of the this Agreement, subject to availability of the Gas, the Buyer shall be entitled to a credit for the quantity of Sales Gas, up to a quantity equal in value to that of GNT Amount in subsequent Month, until the expiry of the Recovery Period (“Makeup Gas”). ; However, Sellers shall not be under an obligation to supply Sales Gas beyond DCQ for the purpose of supplying such Make-up Gas.

Appears in 3 contracts

Samples: Gas Sales Agreement, Gas Sales Agreement, Gas Sales Agreement

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