Common use of Shipper’s Creditworthiness Clause in Contracts

Shipper’s Creditworthiness. In exchange for Transporter’s execution of this Agreement, the Service Agreement, and any other related agreements, Shipper shall satisfy the following credit assurance provisions, as of the date that is ninety (90) days after Transporter’s acceptance of the FERC Certificate (“Credit Support Date”), and shall thereafter have a continuing obligation to satisfy the credit assurance provisions of this Agreement throughout the term of this Agreement, the Firm Agreement, the Negotiated Rate Agreement, and any other related agreements as may be in effect from time to time.

Appears in 4 contracts

Samples: Precedent Agreement, Precedent Agreement (Cheniere Energy Inc), Precedent Agreement (Cheniere Corpus Christi Holdings, LLC)

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