Liquefaction Train System Power Demand Performance Guarantee definition

Liquefaction Train System Power Demand Performance Guarantee means power demand for the Liquefaction Train System of [***] of LNG produced at design conditions and while satisfying the Liquefaction Train System Production Capacity Performance Guarantee.

Examples of Liquefaction Train System Power Demand Performance Guarantee in a sentence

  • Except as provided in Clause 28.1 and Clause 28.3, the payment of Performance Liquidated Damages shall be Buyer’s sole and exclusive remedy and Seller’s sole and exclusive liability for Seller’s failure to achieve (y) the Liquefaction Train Power Demand Performance Guarantee or (z) the Liquefaction Train System Power Demand Performance Guarantee.

Related to Liquefaction Train System Power Demand Performance Guarantee

  • Company has the meaning set forth in the Preamble.

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • Services means those functional services ancillary to the supply of the goods, such as transportation and any other incidental services, such as installation, commissioning, provision of technical assistance, training, catering, gardening, security, maintenance and other such obligations of the supplier covered under the contract.

  • Board means the Board of Directors of the Company.

  • Contract means the written agreement entered into between the purchaser and the supplier, as recorded in the contract form signed by the parties, including all attachments and appendices thereto and all documents incorporated by reference therein.

  • Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

  • Confidential Information means any communication or record (whether oral, written, electronically stored or transmitted, or in any other form) provided to or made available to Contractor or that Contractor may create, receive, maintain, use, disclose or have access to on behalf of HHS that consists of or includes any or all of the following:

  • Affiliate of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Person means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity.

  • Effective Date has the meaning set forth in the preamble.

  • Day means calendar day.