Gas Supply Contracts definition
Examples of Gas Supply Contracts in a sentence
The obligations of each party shall be clarified in Gas Supply Contracts signed between Party B and the users.
Seller has relied upon the information regarding the Gas Transportation Contracts and the Gas Supply Contracts set forth on Schedules 6.1, 6.2 and 6.3.
Furnish to the Administrative Agent on or prior to the last calendar day of each month, a certificate of a Responsible Officer setting forth (a) amounts invoiced under all Gas Supply Contracts for the prior calendar month and (b) the aggregate PJM Receivable for the prior calendar month.
Detailed supporting documentation shall include quantity of Gas delivered at each receipt point with supporting Interstate Pipeline documentation if necessary, to support Seller's receipt of Gas from Buyer, Gas Price assessed by Seller and the associated quantity of Gas and copies of invoices from suppliers under the Gas Supply Contracts.
Further, Seller shall not be excused from its obligations under this Agreement for reason of Force Majeure unless all the Gas Transportation Contracts and Gas Supply Contracts are then being used to deliver to Buyer the quantities of Gas specified in Sections 2.1.
Payments from the Customer Account shall be made first to the natural gas suppliers, transportation providers and utilities, then to bank transfer fees in connection with the Gas Supply Contracts (the “Supply Obligations”).
Subject to the terms and conditions contained herein, Buyer hereby appoints Seller as its agent for the Gas Supply Contracts.
To the extent that Buyer solicits bids for additional Gas Supply Contracts that are acceptable to Seller, Buyer will resell such Gas to Seller under the Master Agreement at agreed upon rates.
Except as set forth on Schedule 6.1, each of the Gas Transportation Contracts is in full force and effect and is valid, binding and enforceable in accordance with the terms thereof, with no material default, anticipated or threatened default or failure of performance or observance of any obligations or conditions contained therein, and no notice of default or no notice of intention to terminate any Gas Transportation Contracts and Gas Supply Contracts has been provided.
Member authorizes ECNG to act as Member’s agent in dealing with natural gas suppliers, utilities and federal and provincial government revenue and customs authorities in respect of all sales, customs, use, value added or excise tax matters arising from the Gas Supply Contracts.