Gas Supply Agreements definition
Examples of Gas Supply Agreements in a sentence
Borrower will not modify or amend the terms of the Natural Gas Supply Agreements nor excuse or waive any default of the Utility Providers thereunder without the prior written consent of Lender.
The Borrower will perform its obligations under the Natural Gas Supply Agreements and cause the Utility Providers to perform their obligations thereunder.
Borrower will, at its own cost and expense, perform, comply with and discharge all of the obligations of Borrower under the Natural Gas Supply Agreements and use all efforts to enforce or secure the performance of each obligation and undertaking of the Utility Providers under the Natural Gas Supply Agreements.
The Company shall not enter into any Third Party Power Purchase Agreements or Third Party Gas Supply Agreements except with the prior approval of the Required Priority Lenders.
All obligations on the part of the Utility Providers under the Natural Gas Supply Agreements have been fully complied with.
HESCO, Commerce Energy and Pacific Summit shall both utilize reasonable commercial efforts to obtain Novation Agreements as to all of the HESCO Gas Supply Agreements prior to the expiration of sixty (60) days following the effective date of this Agreement.
Borrower shall permit no surrender nor assignment of the Borrower’s interest under the Natural Gas Supply Agreements nor execute any mortgage or create or permit a Lien which may be or become superior to the Plant Mortgage and Plant Loan Documents, nor permit a subordination of the Natural Gas Supply Agreements to any mortgage or Lien.
For so long as a Letter of Credit is outstanding with respect to a Third Party Gas Supply Agreement, CES shall not amend or modify such Third Party Gas Supply Agreement unless such Third Party Gas Supply Agreement, as amended, satisfies all of the requirements of this Agreement with respect to Third Party Gas Supply Agreements, including those described in Sections 2.8(d)(iv) and (v).
Borrower shall permit no surrender nor assignment of the Borrower’s interest under the Natural Gas Supply Agreements nor execute any mortgage or create or permit a lien which may be or become superior to the Mortgage and Loan Documents, nor permit a subordination of the Natural Gas Supply Agreements to any mortgage or lien.
Pursuant to the NAESB Agreements, Pacific Summit is agreeing to repurchase from HESCO all volumes of gas which HESCO is obligated to purchase under each of the HESCO Gas Supply Agreements during the period from and after September 1, 2006.