THREAT TO HEEL. Shipper shall ensure that its Gas in Storage at the Terminal is positive at all times by taking all appropriate and necessary actions, e.g. buying LNG from other Terminal Users and/or have an LNG Ship deliver a LNG cargo at the Terminal. In the event of non-compliance, Terminal Operator is entitled, at the cost of Shipper, to take all actions and measures it deems necessary or useful to safeguard the structural and operational integrity of the LNG Terminal. In such case, the Terminal Operator shall inform as soon as reasonably possible the Shipper in advance. Without prejudice to section AC 3.7.1 and AC 3.11, Terminal Operator may deliver to Shipper a Quantity of Natural Gas at the Redelivery Point which is less than the Nominated Hourly Delivery in case Terminal Operator has reasonable and documented grounds (including but not limited to Adverse Weather Conditions, pressure in the tanks, etc.) to believe that a threat to the structural and operational integrity of the LNG Terminal would occur. In such case, the Terminal Operator shall as soon as possible in advance advise and duly justify the required Gas In Storage level, consistent with good industry practice.
Appears in 4 contracts
Samples: LNG Services Agreement, LNG Services Agreement, LNG Services Agreement
