Unit 39 – Nitrogen System Sample Clauses

Unit 39 – Nitrogen System. Outlet flow for capacity, O2 specification and header pressure of the nitrogen generation system will be checked to ensure they meet design specification. Laboratory samples will be taken to verify the O2 content.
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Unit 39 – Nitrogen System. Outlet flow for capacity, O2 specification and header pressure of the nitrogen generation system will be checked to ensure they meet design specification. Laboratory samples will be taken to verify the O2 content. IRREVOCABLE STANDBY LETTER OF CREDIT NO. DATE: [ ] AMOUNT OF: U.S.$ [ ] BENEFICIARY: APPLICANT AND ACCOUNT PARTY: SABINE PASS LIQUEFACTION, LLC XXXXXXX OIL, GAS AND CHEMICALS, INC. 700 XXXXX, SUITE 1900 0000 XXXX XXX XXXXXXXXX XXXXXXX, XXXXX 00000 XXXXXXX, XXXXX 00000 FACSIMILE: *** FACSIMILE: *** ATTN: *** ATTN: [ ] WE HEREBY ISSUE OUR IRREVOCABLE STANDBY LETTER OF CREDIT NO. (THIS “LETTER OF CREDIT”) IN FAVOR OF SABINE PASS LIQUEFACTION, LLC, AS BENEFICIARY, FOR AN INITIAL AMOUNT OF TWO HUNDRED NINETY EIGHT MILLION SEVEN HUNDRED THOUSAND U.S. DOLLARS (U.S.$298,700,000) (THE “STATED AMOUNT”) AT THE REQUEST AND FOR THE ACCOUNT OF XXXXXXX OIL, GAS AND CHEMICALS, INC., AS APPLICANT. WE ARE INFORMED THAT THIS LETTER OF CREDIT IS ISSUED ON BEHALF OF THE APPLICANT TO SUPPORT APPLICANT’S OBLIGATIONS UNDER THAT CERTAIN LUMP SUM TURNKEY AGREEMENT FOR THE ENGINEERING, PROCUREMENT AND CONSTRUCTION OF THE SABINE PASS STAGE 3 LIQUEFACTION FACILITY, DATED AS OF [ , 20 ], BY AND BETWEEN APPLICANT AND BENEFICIARY (AS AMENDED, RESTATED, SUPPLEMENTED OR OTHERWISE MODIFIED FROM TIME TO TIME, THE “AGREEMENT”). FUNDS UNDER THIS LETTER OF CREDIT ARE AVAILABLE BY PAYMENT AGAINST THE PRESENTATION OF YOUR DRAFT(S) DRAWN AT SIGHT ON [INSERT ISSUING BANK’S NAME AND ADDRESS] (THE “ISSUING BANK”) IN SUBSTANTIALLY THE FORM OF ANNEX I ATTACHED HERETO AND ACCOMPANIED BY A DRAWING CERTIFICATE DULY SIGNED IN SUBSTANTIALLY THE FORM OF ANNEX II OR ANNEX VI ATTACHED HERETO APPROPRIATELY COMPLETED. DOCUMENTS MUST BE PRESENTED TO ISSUING BANK IN ONE LOT. PARTIAL DRAWINGS ARE PERMITTED. ALL BANKING CHARGES UNDER THIS LETTER OF CREDIT ARE FOR ACCOUNT OF THE APPLICANT. THIS LETTER OF CREDIT IS TRANSFERABLE IN ITS ENTIRETY AND NOT IN PART, UPON NOTICE BY BENEFICIARY TO ISSUER, IN THE FORM OF ANNEX III ATTACHED HERETO APPROPRIATELY COMPLETED; PROVIDED, HOWEVER, THAT THIS LETTER OF CREDIT MAY NOT BE TRANSFERRED TO ANY PERSON IF SUCH TRANSFER TO, OR DRAWING UNDER THIS LETTER OF CREDIT BY, SUCH PERSON WOULD BE PROHIBITED OR BLOCKED UNDER ANY U.S. EXECUTIVE ORDER, LAW OR ANY RULE OR REGULATION OF THE OFFICE OF FOREIGN ASSETS CONTROL OF THE U.S. TREASURY DEPARTMENT OR THE U.S. COMMERCE DEPARTMENT, AND ANY ATTEMPTED TRANSFER WHICH VIOLATES THIS PROVISION SHALL BE NULL AND VOID. THE STATED AMOUN...
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