Gas Sales Contracts definition

Gas Sales Contracts means physically settled sales of specified volumes of Hydrocarbons at a price determined on the date of such sale by reference to an industry-accepted index for such Hydrocarbon and pursuant to (a) the Base Contract For Sale and Purchase of Natural Gas in a form promulgated by the North American Energy Standards Board or (b) the North American Gas Annex to the Master Agreement in a form promulgated by the International Swaps and Derivatives Association, Inc.
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Gas Sales Contracts means all of the contracts pursuant to which the corporation agrees to sell gas to gas customers, including, without limiting the generality of this class of asset, the contracts described in Schedule 3 and any variations to them entered into prior to the transfer time.
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Examples of Gas Sales Contracts in a sentence

  • Grantor shall not amend any of the Existing Gas Sales Contracts or any gas gathering or transportation contract without Grantee's prior written consent, which consent shall not be unreasonably withheld.

  • Grantor shall not amend any of the Existing Gas Sales Contracts or any gas gathering or transportation contract without Grantee's prior written consent.

  • Your Company has also signed over 200 Gas Sales Contracts (GSCs) with the customers at Mandi -Gobindgarh and Khanna.CORPORATE STRATEGY AND BUSINESS INITIATIVESYour Company is progressing on track with respect to the city gas projects in the authorised cities of Kota, Dewas, Meerut and Sonipat.

  • RussiaLoan Agreement Assignments Springing Assignments A – Gas Sales ContractsGazexport, as commission agent for Gazprom, sells natural gas under the Gas Sales Contracts to the Gas Buyers.

  • The Parties explicitly recognize and agree that Gas Purchaser may elect a partial reduction in its Daily Contract Quantity to reflect the fact that one or more but not all of Gas Purchaser’s downstream customers may elect to have all or a portion of their daily contract quantities remarketed for the remaining term of their Gas Sales Contracts with Gas Purchaser.

  • Georgian Oil and the Contractor shall endeavour to conclude Gas Sales Contract(s) and implement a Development Plan for Non-associated Natural Gas so as to deplete each Reservoir within its production period and within the term of this Contract, subject always to the application of Good Oilfield Practices.

  • Buyer agrees that after the Closing Date, it will sell to Seller or its assigns gas in such quantities, at such times and at the prices indicated in the Gas Sales Contracts, so that Seller may comply with the requirements thereof.

  • On August 16, 1978, both ESI and Manchester signed Liquefied Natural Gas Sales Contracts with Gaz Metropolitan, Inc.

  • Contract Period: 2 Years • Premium Gas Sales Contracts finalization withremaining consumers in Progress.

  • This agreement is made subject to any Gas Sales Contracts, Product Purchasing Agreements, Joint Operating Agreements or other instruments or contracts covering or affecting the Farmout Area, whether or not you have actual or constructive notice of such agreements.

Related to Gas Sales Contracts

  • sales contract means a contract under which a trader transfers or agrees to transfer the ownership of goods to a consumer and the consumer pays or agrees to pay the price, including any contract that has both goods and services as its object. Conformity

  • Supply Contracts means contracts having as their object the purchase, lease, rental or hire-purchase, with or without an option to buy, of products. A supply contract may include, as an incidental matter, siting and installation operations;

  • Supply contract means a contract under which a lessor buys or leases goods to be leased.

  • Oil and Gas Hedging Contracts means any oil and gas purchase or hedging agreement, and other agreement or arrangement, in each case, that is designed to provide protection against oil and gas price fluctuations.

  • Hydrocarbon means a compound consisting of hydrogen and carbon, which, when naturally occurring, may also contain other elements such as sulphur;

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Offtake Agreement means the offtake agreement dated May 13, 2008 with Glencore International AG pursuant to which the Company agreed to sell in U.S. dollars to Glencore, and Glencore agreed to acquire, 100% of the V2O5 production at the Maracás Menchen Mine. The Offtake Agreement was terminated effective April 30, 2020. See "Description of the Business - Marketing and Distribution".

  • Gas Transporter means the licensed operator of the transportation network through which gas is transported to you;

  • Petroleum refinery means each facility engaged in producing gasoline, kerosene, distillate fuel oils, residual fuel oils, lubricants, or other products through distillation of petroleum or through redistillation, cracking, extracting, or reforming of unfinished petroleum derivatives.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • Sale Contract means a contract providing for the sale of one or more projects to one or more contracting parties and includes a contract providing for payment of the purchase price in one or more installments. If the sale contract permits title to the project to pass to the other contracting party or parties prior to payment in full of the entire purchase price, it shall also provide for the other contracting party or parties to deliver to the municipality or to the trustee under the indenture pursuant to which the bonds were issued one or more notes, debentures, bonds or other secured or unsecured debt obligations of such contracting party or parties providing for timely payments, including without limitation, interest thereon for the balance of the purchase price at or prior to the passage of such title.

  • Hydrocarbon Interests means all rights, titles, interests and estates now or hereafter acquired in and to oil and gas leases, oil, gas and mineral leases, or other liquid or gaseous hydrocarbon leases, mineral fee interests, overriding royalty and royalty interests, net profit interests and production payment interests, including any reserved or residual interests of whatever nature.

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • Offtaker means the counterparty to an Offtake Agreement;

  • Coal means high-grade, medium-grade and low-grade category A and B coal within the meaning of the international codification system for coal established by the United Nations Economic Commission for Europe and clarified in the Council decision of 10 December 2010 on State aid to facilitate the closure of uncompetitive coal mines;

  • Hydrocarbons means oil, gas, casinghead gas, drip gasoline, natural gasoline, condensate, distillate, liquid hydrocarbons, gaseous hydrocarbons and all products refined or separated therefrom.

  • Carbon dioxide or “CO2” means the most common of the six primary greenhouse gases, consisting on a molecular level of a single carbon atom and two oxygen atoms.

  • Supply Agreements has the meaning set forth in Section 7.1.

  • Pipelines has the meaning set forth in the Recitals.

  • Production Burdens means any royalties (including lessor’s royalties), overriding royalties, production payments, net profit interests or other similar interests that constitute a burden on, and are measured by or are payable out of, the production of Hydrocarbons or the proceeds realized from the sale or other disposition thereof (including any amounts payable to publicly traded royalty trusts), but excluding Taxes and assessments of Governmental Entities.

  • Futures Contract means a Financial Futures Contract and/or Stock Index Futures Contracts.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Interconnection Agreements means, collectively, (a) an agreement by and among Owner, TransÉnergie and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the U.S. Border of the NECEC Transmission Line with the Québec Line and (b) an agreement by and between Owner and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the Delivery Point of the NECEC Transmission Line with certain transmission facilities operated by ISO-NE. The Interconnection Agreements shall address cost responsibilities among entities other than the Distribution Company and the other RFP Sponsors and shall include provisions, both technical and otherwise, for safe and reliable interconnected operations of the HVDC Transmission Project following Commercial Operation (including use of the HVDC Transmission Project for the delivery of electric power in emergency circumstances).

  • Oil and Gas Leases means all leases, subleases, licenses or other occupancy or similar agreements (including any series of related leases with the same lessor) under which a Person leases, subleases or licenses or otherwise acquires or obtains rights to produce Hydrocarbons from real property interests.