Common use of Stabilization Period Clause in Contracts

Stabilization Period. 4.5.1 The initial duration of three (3) months from the Start Date shall be called as “Stabilization Period” under this Agreement. During the Stabilization Period the provisions of Clause 4.2 “Take or Pay Obligation”, Clause 4.3 “Makeup Gas” of this Agreement shall not be applicable. For the avoidance of any doubt in this regard, it is hereby expressly clarified that unless agreed otherwise all the other terms and conditions including Sales Gas Price under this Agreement shall be applicable during Stabilization Period.

Appears in 2 contracts

Samples: Gas Sales Agreement, Gas Sales Agreement

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Stabilization Period. 4.5.1 4.6.1 The initial duration of three (3) months from the Start Date till 31st May 2022 shall be called as “Stabilization Period” under this Agreement. During the Stabilization Period the provisions of Clause 4.2 “Take or Pay Obligation”, Clause 4.3 “Makeup Gas” and Clause 4.5 “Shortfall Gas and Price Adjustment” of this Agreement shall not be applicable. For the avoidance of any doubt in this regard, it is hereby expressly clarified that unless agreed otherwise all the other terms and conditions including Sales Gas Price under this Agreement shall be applicable during Stabilization Period.

Appears in 1 contract

Samples: Gas Sales Agreement

Stabilization Period. 4.5.1 4.6.1 The initial duration of three Nine (39) months from the Start Date shall be called as “Stabilization Period” under this Agreement. During the Stabilization Period the provisions of Clause 4.2 “Take or Pay Obligation”, Clause 4.3 “Makeup Gas” and Clause 4.5 “Shortfall Gas” of this Agreement shall not be applicable. For the avoidance of any doubt in this regard, it is hereby expressly clarified that unless agreed otherwise all the other terms and conditions including Sales Gas Price under this Agreement shall be applicable during Stabilization Period.

Appears in 1 contract

Samples: Gas Sales Agreement

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Stabilization Period. 4.5.1 4.6.1 The initial duration of three fifteen (315) months days from the Start Date shall be called as “Stabilization Period” under this Agreement. During the Stabilization Period the provisions of Clause 4.2 “Take or Pay Obligation”, Clause 4.3 “Makeup Gas” and Clause 4.5 “Shortfall Gas” of this Agreement shall not be applicable. For the avoidance of any doubt in this regard, it is hereby expressly clarified that unless agreed otherwise all the other terms and conditions including Sales Gas Price under this Agreement shall be applicable during Stabilization Period.

Appears in 1 contract

Samples: Gas Sales Agreement

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