Principles of Natural Gas Agreement(s) with the Government Sample Clauses

Principles of Natural Gas Agreement(s) with the Government. A The Government Oil & Gas Company may, if necessary and practicable, also be party to the balancing agreement under Article 9.3.A and/or the multiparty disposition venture under Article 9.3.B. If the Government Oil & Gas Company is party to the balancing agreement, then the Parties shall endeavor to obtain its agreement to the principles set forth in Article 9.3.A. Furthermore, if the Government Oil & Gas Company is party to the multiparty disposition venture, then the Parties shall endeavor to obtain its agreement to the principles set forth in Article 9.3.B.
Sample 1
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Principles of Natural Gas Agreement(s) with the Government. (a) The Government and/or its designee may, if necessary and practicable, also be party to the balancing agreement under clause 9.3(a) and/or the multiparty disposition venture under clause 9.3(b). If the Government and/or its designee is party to the balancing agreement, then the Parties shall endeavor to obtain its agreement to the principles set forth in clause 9.3(a). Furthermore, if the Government and/or its designee is party to the multiparty disposition venture, then the Parties shall endeavor to obtain its agreement to the principles set forth in clause 9.3(b). (b) In addition, the Parties shall endeavor to include in any agreement with the Government and/or its designee in relation to the disposition of Natural Gas, the following principles: (i) assured access to a fair share of the available Natural Gas market, including suitable assurances for Government controlled sales; (ii) the right to market Natural Gas, including purchase of the Government’s and/or its designee’s share, to the highest value outlets (domestic or export) and the right to export the Parties’ Entitlements of Natural Gas; (iii) a minimum contractual term which provides a reasonable period to develop a Natural Gas market and enables Natural Gas reserves to be produced for their full economic life; and (iv) assured access to infrastructure for the purposes of processing and/or transporting Natural Gas at a competitive tariff.
Sample 1

Related to Principles of Natural Gas Agreement(s) with the Government

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  • Law Governing Agreement This Agreement shall be governed by and construed in accordance with the laws of the State of California.

  • Agreement Governs This Agreement is to be deemed consistent wherever possible with relevant provisions of the By-Laws and Articles of Incorporation of the Company; however, in the event of a conflict between this Agreement and such provisions, the provisions of this Agreement shall control.

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  • COMPLIANCE WITH GOVERNMENTAL RULES AND REGULATIONS; RECORDS The Trust assumes full responsibility for its compliance with all securities, tax, commodities and other laws, rules and regulations applicable to it.

  • Compliance with Governmental Rules and Regulations Except as otherwise provided in the Agreement and except for the accuracy of information furnished to the Fund by Price Services, each Fund assumes full responsibility for the preparation, contents and distribution of its prospectuses and compliance with all applicable requirements of the ’40 Act, the ‘34 Act, the ‘33 Act, and any other laws, rules and regulations of governmental authorities having jurisdiction over the Fund. Price Services shall be responsible for complying with all laws, rules and regulations of governmental authorities having jurisdiction over transfer agents and their activities and cooperating with respect to examinations and requests from such governmental authorities.

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  • Effect of Laws, Rules and Regulations The Exclusive Representative recognizes that all employees covered by this Agreement shall perform the services and duties prescribed by the School District and shall be governed by the laws of the State of Minnesota and by School District rules, regulations, directives and orders, issued by properly designated officials of the School District. The Exclusive Representative also recognizes the right, obligation and duty of the School District and its duly designated officials to promulgate rules, regulations, directives and orders from time to time as deemed necessary by the School District insofar as such rules, regulations, directives and orders are not inconsistent with the terms of this Agreement, and recognizes that the School District, all employees covered by this agreement, and all provisions of this Agreement are subject to State and Federal law. Any provisions of this Agreement found to be in violation of any such laws, rules, regulation directives or orders shall be null and void and without force and effect.

  • Notification of Laws and Regulations The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.

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