Common use of Take or Pay Contracts Clause in Contracts

Take or Pay Contracts. The Borrower will not enter into or be a party to any arrangement for the purchase of materials, supplies, other property or services if such arrangement by its express terms requires that payment be made by the Borrower regardless of whether such materials, supplies, other property or services are delivered or furnished to it.

Take or Pay Contracts. The No Borrower will not enter into or be a party to any arrangement for the purchase of materials, supplies, other property (including without limitation Hydrocarbons), or services if such arrangement by its express terms requires that payment be made by the such Borrower regardless of whether such materials, supplies, other property property, or services are delivered or furnished to it.

Take or Pay Contracts. The Borrower will not enter into or be a party to any arrangement contract for the purchase of merchandise, materials, supplies, supplies or other property or services if such arrangement by its express terms requires contract provides that payment for such merchandise, materials, supplies or other property shall be made by the Borrower regardless of whether delivery of such merchandise, materials, supplies, supplies or other property is ever made or services are delivered or furnished to ittendered.

Take or Pay Contracts. The Borrower will not enter into or be a party to any arrangement for the purchase of materials, supplies, other property or services if such arrangement by its express terms requires that payment be made by the Borrower or such other Person regardless of whether such materials, supplies, other property or services are in fact or can be required to be delivered or furnished to it.

Take or Pay Contracts. The Borrower will not enter into or be a party to any arrangement for the purchase of materials, supplies, other property or services if such arrangement by its express terms requires that payment be made by the Borrower it regardless of whether or not such materials, supplies, other property or services are delivered or furnished to it. For the avoidance of doubt, nothing in this Clause shall prohibit the Borrower from entering into any Price Protection Agreement.

Take or Pay Contracts. The Neither Borrower will not enter into or be a party to any arrangement for the purchase of materials, supplies, other property or services if such arrangement by its express terms requires that payment be made by the such Borrower regardless of whether such materials, supplies, other property or services are delivered or furnished to it.

Take or Pay Contracts. The Borrower will not enter into or be a party to any arrangement for the purchase of materials, supplies, other property or services if (i) such arrangement by its express terms requires that payment be made by the Borrower regardless of whether such materials, supplies, other property or services are delivered or furnished to itit and -104- 113 (ii) such arrangement would have a Material Adverse Effect on the Borrower or the Project.