Common use of Seller's Commitment Clause in Contracts

Seller's Commitment. Seller shall make available to Buyer 100 percent of Seller's Daily Deliverability of Gas not to exceed the Maximum Daily Quantity. Subject only to Seller's Reservations, Seller exclusively commits to the performance hereof the Committed Reserves, represents that except as expressly set forth on Exhibit A the Committed Reserves are not otherwise subject to any purchase and sale agreement, and agrees not to sell, transfer or deliver to any third party any Gas produced from the Committed Reserves. If Seller acquires any interest in additional Gas within the Reserve Commitment Area, such additional Gas shall likewise be dedicated to this Agreement; provided however, if such additionally acquired interest is dedicated to others by agreement on the date of acquisition by Seller, then such Gas shall only be considered to be dedicated hereunder upon the end of the primary term of such prior agreement.

Appears in 6 contracts

Samples: Gas Purchase Agreement, Gas Purchase Agreement, Gas Purchase Agreement

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Seller's Commitment. Subject only to Seller's Reservations, Seller shall make available to Buyer 100 percent of Seller's Daily Deliverability of Gas not to exceed the Maximum Daily Quantity. Subject only to Seller's Reservations, Seller exclusively commits to the performance hereof the Committed Reserves, represents that except as expressly set forth on Exhibit A the Committed Reserves are not otherwise subject to any purchase and sale agreement, and agrees not to sell, transfer or deliver to any third party any Gas produced from the Committed Reserves. If Seller acquires any interest in additional Gas within the Reserve Commitment Area, such additional Gas shall likewise be dedicated to this Agreement; provided however, if such additionally acquired interest is dedicated to others by agreement on the date of acquisition by Seller, then such Gas shall only be considered to be dedicated hereunder upon the end of the primary term of such prior agreement.

Appears in 1 contract

Samples: Gas Purchase Agreement

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