Common use of Makeup Gas Clause in Contracts

Makeup Gas. (a) If the Buyer has paid QGNT Amount during a Quarter, 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 QGNT Amount in subsequent Quarters, until the expiry of the Recovery Period (“Makeup Gas”); provided, that the Buyer must first have taken delivery of the QTOPQ for that Quarter in which the Buyer wishes to draw Makeup Gas. However, Sellers shall not be under an obligation to supply Sales Gas beyond Daily Contract Quantity for the purpose of supplying such Makeup Gas.

Appears in 1 contract

Samples: Gas Sales Agreement

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Makeup Gas. (a) If the Buyer has paid QGNT Amount during a Quarter, 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 QGNT Amount in subsequent Quarters, until the expiry of the Recovery Period (“Makeup Gas”); provided, that the Buyer must first have taken delivery of the QTOPQ for that Quarter in which the Buyer wishes to draw Makeup Gas. However, Sellers Seller shall not be under an obligation to supply Sales Gas beyond Daily Contract Seller Nominated Quantity for the purpose of supplying such Makeup Make- up Gas.

Appears in 1 contract

Samples: Gas Sales Agreement

Makeup Gas. (a) If the Buyer has paid QGNT Amount during a Quarter, 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 QGNT Amount in subsequent Quarters, until the expiry of the Recovery Period (“Makeup Gas”); provided, that the Buyer must first have taken delivery of the QTOPQ for that Quarter in which the Buyer wishes to draw Makeup Gas. .However, Sellers shall not be under an obligation to supply Sales Gas beyond Daily Contract Quantity for the purpose of supplying such Makeup Make-up Gas.

Appears in 1 contract

Samples: Gas Sales Agreement

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Makeup Gas. (a) If the Buyer has paid QGNT Amount during a Quarter, 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 QGNT Amount in subsequent Quarters, until the expiry of the Recovery Period (“Makeup Gas”); provided, that the Buyer must first have taken delivery of the QTOPQ for that Quarter in which the Buyer wishes to draw Makeup Gas. However, Sellers shall not be under an obligation to supply Sales Gas beyond Daily Contract Quantity for the purpose of supplying such Makeup Make-up Gas.

Appears in 1 contract

Samples: Gas Sales Agreement

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