Upstream FM Sample Clauses

Upstream FM. 14.3.1 The Parties recognize that Seller’s obligation to make available LNG to Buyer is dependent upon one or more of Seller’s Affiliates owning or contracting for the Upstream Assets; provided, however, that the ownership or contracting by one or more of Seller’s Affiliates of the Upstream Assets shall not be a condition precedent under Section 2.3 to the effectiveness of this Agreement. Subject to Sections 14.3.2, 14.3.4 and 14.3.6, and irrespective of Seller’s ability to otherwise perform under this Agreement, Seller shall have no obligation to make available any cargo with a Delivery Window scheduled in the ADP or Ninety Day Schedule, as applicable, to occur during Upstream FM claimed by Seller (each such cargo, an “Upstream FM Cargo”). The operator of the affected Upstream Assets shall not have any obligation to purchase any Gas in order to overcome or mitigate the effects of an event of Upstream FM. Seller and its Affiliates shall not have any obligation to purchase or take delivery of Gas or LNG to make available Upstream FM Cargoes, other than Gas to produce Upstream FM Cargoes that Buyer has elected to take on a Hxxxx Hub basis pursuant to Section 14.3.4, in order to overcome or mitigate the effects of an event of Upstream FM. The term
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Upstream FM. 14.3.1 The Parties recognize that Seller’s obligation to make available LNG to Buyer is dependent upon one or more of Seller’s Affiliates owning or contracting for the Upstream Assets. Subject to Sections ‎14.3.2 and ‎14.3.4, and irrespective of Seller’s ability to otherwise perform under this Agreement, Seller shall have no obligation to make available any cargo with a Delivery Window scheduled in the ADP or Ninety Day Schedule, as applicable, to occur during Upstream FM claimed by Seller (each such cargo, an “Upstream FM Cargo”). The operator of the affected Upstream Assets shall not have any obligation to purchase any Gas in order to overcome or mitigate the effects of an event of Upstream FM. Seller and its Affiliates shall not have any obligation to purchase or take delivery of Gas or LNG to make available Upstream FM Cargoes, other than Gas to produce Upstream FM Cargoes that Buyer has elected to take on a Hxxxx Hub basis pursuant to Section ‎14.3.4, in order to overcome or mitigate the effects of an event of Upstream FM. The term

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