Conforming SNG definition

Conforming SNG means SNG accepted by the Receiving Pipeline for further transportation on the Receiving Pipeline’s pipeline system.
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Conforming SNG means SNG meeting the minimum requirements for delivery into and transportation of natural gas on the applicable Receiving Pipeline's pipeline system, as such requirements may be amended from time to time.
Sample 1

Examples of Conforming SNG in a sentence

  • Buyer shall be liable for any payments and balancing penalties assessed against Seller by the Receiving Pipeline or otherwise payable by Seller pursuant to its gas transportation agreements if and when Buyer fails to take delivery of any Conforming SNG that has been nominated for delivery to Buyer by Seller in accordance with the Scheduling and Nominating Protocol.

  • Seller shall deliver to Buyer the Conforming SNG at the Title Transfer Point.

  • If Buyer is entitled to purchase Conforming SNG free from any such New Taxes, Buyer shall furnish Seller with copies of the necessary exemption or resale certificate if and to the extent that the law provides for the issuance of exemption or resale certificates.

  • Buyer shall have no liability of any kind with respect to any loss, liability or Claim arising out of or in connection with any SNG that is not Conforming SNG that is produced, delivered or attempted to be delivered by Seller.

  • As between Buyer and Seller, Seller shall have responsibility for risk of loss and shall assume any liability with respect to Conforming SNG prior to and at the Title Transfer Point.

  • The notice will (a) identify the Force Majeure, (b) include an estimate of the duration of the event, and (c) specify the likely effect (e.g. on production capability (Seller) or the ability to take Conforming SNG (Buyer)).

  • Notwithstanding the foregoing, following the expiration of the cure periods granted to Seller under this Agreement with respect to the breach of any monetary obligation, Buyer shall have the right to suspend its obligation to purchase Conforming SNG under this Agreement until such monetary obligation is cured.

  • Upon providing written notice of a Force Majeure to the other Party, the affected Party will be relieved of its obligation, from the onset of the Force Majeure, to make or accept delivery of Conforming SNG, as applicable, to the extent and for the duration of the Force Majeure, and neither Party shall be deemed to have failed in such obligations to the other Party during such occurrence or event.

  • Title and risk of loss for Conforming SNG shall pass from Seller to Buyer at the Title Transfer Point.

  • As between Buyer and Seller, Buyer shall have responsibility for risk of loss and shall assume any liability with respect to Conforming SNG after the Title Transfer Point.

Related to Conforming SNG

  • Nonconforming structure means a structure the size, dimension

  • Nonconforming zoning condition means a physical improvement on a property that does not conform with current zoning standards.

  • Nonconforming use means a use of land that:

  • Conforming Changes means, with respect to either the use or administration of Term SOFR or the use, administration, adoption or implementation of any Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition of “Base Rate,” the definition of “Business Day,” the definition of “U.S. Government Securities Business Day,” the definition of “Interest Period” or any similar or analogous definition (or the addition or deletion of a concept of “interest period”), timing and frequency of determining rates and making payments of interest, timing of borrowing requests or prepayment, conversion or continuation notices, the applicability and length of lookback periods, the applicability of Section 8.04(b) and other technical, administrative or operational matters) that the Administrative Agent decides (in consultation with the Borrower) may be appropriate to reflect the adoption and implementation of any such rate or to permit the use and administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines that no market practice for the administration of any such rate exists, in such other manner of administration as the Administrative Agent decides (in consultation with the Borrower) is reasonably necessary in connection with the administration of this Agreement and the other Loan Documents).

  • Benchmark Replacement Conforming Changes means, with respect to any Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition of “Base Rate,” the definition of “Business Day,” the definition of “Interest Period,” timing and frequency of determining rates and making payments of interest, timing of borrowing requests or prepayment, conversion or continuation notices, the applicability and length of lookback periods, the applicability of breakage provisions, and other technical, administrative or operational matters) that the Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines that no market practice for the administration of such Benchmark Replacement exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection with the administration of this Agreement and the other Loan Documents).

  • Reference Interest Rate Replacement Conforming Changes means, with respect to any Reference Interest Rate Replacement, any technical, administrative or operational changes (including changes to the definition of "Interest Period", timing and frequency of determining rates and making payments of interest, changes to the definition of "Corresponding Tenor" solely when such tenor is longer than the Interest Period and other administrative matters) that the Issuer or its designee decides may be appropriate to reflect the adoption of such Reference Interest Rate Replacement in a manner substantially consistent with market practice (or, if the Issuer or its designee decides that adoption of any portion of such market practice is not administratively feasible or if the Issuer or its designee determines that no market practice for use of the Reference Interest Rate Replacement exists, in such other manner as the Issuer or its designee determines is reasonably necessary).