Common use of Pumping Time Clause in Contracts

Pumping Time. Provided that the Sabine Pass Facility supplies a suitable vapor return line meeting the requirements of Section 7.1(b)(v), then: a. an LNG Vessel with an LNG cargo containment capacity less than or equal to one hundred forty thousand (140,000) Cubic Meters shall be capable of unloading LNG in a maximum of fifteen (15) hours; and b. an LNG Vessel with an LNG cargo containment capacity greater than one hundred forty thousand (140,000) Cubic Meters shall be capable of unloading LNG in the number of hours derived after applying the following formula: 15 + x = maximum LNG unloading time (in hours) where: x = y/12,000 Cubic Meters; and y = the LNG cargo containment capacity of the LNG Vessel in excess of 140,000 Cubic Meters. Time for connecting, cooling, stripping and disconnecting, and cooling of liquid arms shall not be included in the computation of pumping time.

Appears in 2 contracts

Samples: LNG Terminal Use Agreement (Cheniere Energy Inc), Shareholders Agreement (Cheniere Energy Inc)

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Pumping Time. Provided that the Sabine Pass Facility supplies a suitable vapor return line meeting the requirements of Section 7.1(b)(v), then: a. an LNG Vessel with an LNG cargo containment capacity less than or equal to one hundred forty thousand (140,000) Cubic Meters shall be capable of unloading transferring LNG in a maximum of fifteen (15) hours; and b. an LNG Vessel with an LNG cargo containment capacity greater than one hundred forty thousand (140,000) Cubic Meters shall be capable of unloading transferring LNG in the number of hours derived after applying the following formula: 15 + x = maximum LNG unloading transferring time (in hours) where: x = y/12,000 Cubic Meters; and y = the LNG cargo containment capacity of the LNG Vessel in excess of 140,000 one hundred forty thousand (140,000) Cubic Meters. Time for connecting, cooling, stripping and disconnecting, and cooling of liquid arms shall not be included in the computation of pumping time.

Appears in 1 contract

Samples: LNG Terminal Use Agreement (Sabine Pass LNG, L.P.)

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Pumping Time. Provided that the Sabine Pass Freeport Facility supplies a suitable vapor return line meeting the requirements of Section 7.1(b)(v8.1(b)(v), then: a. an LNG Vessel with an LNG cargo containment capacity less than or equal to one hundred forty thousand (140,000) Cubic Meters shall be capable of unloading LNG in a maximum of fifteen (15) hours; and b. an LNG Vessel with an LNG cargo containment capacity greater than one hundred forty thousand (140,000) Cubic Meters shall be capable of unloading LNG in the number of hours derived after applying the following formula: 15 + x = maximum LNG unloading time (in hours) where: x = y/12,000 Cubic Meters; and y = the LNG cargo containment capacity of the LNG Vessel in excess of 140,000 Cubic Meters. ; and x = y/10,000 Cubic Meters Time for connecting, cooling, stripping and disconnecting, and cooling of liquid arms shall not be included in the computation of pumping time.

Appears in 1 contract

Samples: Omnibus Agreement (Cheniere Energy Inc)

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