Common use of Quantity of Gas and Obligations Clause in Contracts

Quantity of Gas and Obligations. 4.1 The SELLER agrees to transport, sell and deliver at the Delivery Point to BUYER a quantity of Gas of Million Standard Cubic Meters per Day (MMSCMD) which shall be deemed as the Daily Committed Quantity (DCQ). 4.2 The SELLER shall supply and BUYER shall draw daily the quantity of Gas agreed to in Article 4.1 at an uniform rate spread over a period of 24 (Twenty four) hours. 4.3 In case of default in making payments of Supplementary Invoice/Debit Note by the BUYER, the SELLER shall without prejudice to its other rights under this Agreement, be at liberty to stop/regulate supply of gas to the BUYER without any prior notice and supplies may not be resumed till all due payments are made by the BUYER. 4.4 If additional gas quantities are available with the Seller, then subject to acceptance by the BUYER, such quantities can be delivered and offtaken as per Clause 4.8 of this Agreement. 4.5 NA 4.6 TAKE OR PAY OBLIGATION

Appears in 3 contracts

Samples: Gas Sale and Purchase Agreement, Gas Sale and Purchase Agreement, Gas Sale and Purchase Agreement

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Quantity of Gas and Obligations. 4.1 The SELLER agrees to transport, sell sell, and deliver at the Delivery Point to BUYER a quantity of Gas of Million Standard Cubic Meters per Day (MMSCMD) which shall be deemed as the Daily Committed Quantity (DCQ). 4.2 The SELLER shall supply supply, and BUYER shall draw daily the quantity of Gas agreed to in Article 4.1 at an uniform rate spread over a period of 24 (Twenty four) hours. 4.3 In case of default in making payments of Supplementary Invoice/Debit Note by the BUYER, the SELLER shall without prejudice to its other rights under this Agreement, be at liberty to stop/regulate supply of gas to the BUYER without any prior notice and supplies may not be resumed till all due payments are made by the BUYER. 4.4 If additional gas quantities are available with the Seller, then subject to acceptance by the BUYER, such quantities can be delivered and offtaken as per Clause 4.8 of this Agreement. 4.5 NA 4.6 TAKE OR PAY OBLIGATION

Appears in 1 contract

Samples: Gas Sale and Purchase Agreement

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Quantity of Gas and Obligations. 4.1 The SELLER agrees to transport, sell sell, and deliver at the Delivery Point to BUYER a quantity of Gas of Million Standard Cubic Meters per Day (MMSCMD) which shall be deemed as the Daily Committed Quantity (DCQ). 4.2 The SELLER shall supply supply, and BUYER shall draw daily the quantity of Gas agreed to in Article 4.1 at an uniform rate spread over a period of 24 (Twenty four) hours. 4.3 In case of default in making payments of Supplementary Invoice/Debit Note by the BUYER, the SELLER shall without prejudice to its other rights under this Agreement, be at liberty to stop/regulate supply of gas to the BUYER without any prior notice and supplies may not be resumed till all due payments are made by the BUYER. 4.4 If additional gas quantities are available with the Seller, then subject to acceptance by the BUYER, such quantities can be delivered and offtaken as per Clause 4.8 of this Agreement. 4.5 NA 4.6 TAKE OR PAY OBLIGATION

Appears in 1 contract

Samples: Gas Sale and Purchase Agreement

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