LNG facility definition

LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

LNG facility means a facility or terminal used for the liquefaction of

LNG facility means LNG facility as defined in point 11 of Article 2 of Directive 2009/73/EC;

Examples of LNG facility in a sentence

• Receipt by the Intercreditor Agent of a duly executed certificate of the Borrower certifying that the Commercial Operation Date under each of the Required LNG SPAs with respect to the Phase 1 LNG Facility then in effect has timely occurred.

• Receipt by the Intercreditor Agent of a duly executed certificate of the Borrower certifying that the Commercial Operation Date under each of the Required LNG SPAs with respect to the Phase 2 LNG Facility then in effect has timely occurred.

• The Borrower reasonably believes that the Facility Debt Commitments and funds on deposit in the Construction Account, Contingency Reserve Account, the Phase 1 Pre-Completion Revenues Account, the Phase 2 Pre- Completion Revenues Account and the Permitted Finance Costs Reserve Account shall be sufficient to achieve the Project Phase 1 Completion Date by the Phase 1 LNG Facility Date Certain and the Project Phase 2 Completion Date by the Phase 2 LNG Facility Date Certain.

• Either (a) the Project Phase 1 Completion Date does not occur by the Phase 1 LNG Facility Date Certain or (b) the Project Phase 2 Completion Date does not occur by the Phase 2 LNG Facility Date Certain.

• Within 120 days after the Project Phase 2 Completion Date, Borrower shall deliver to the Intercreditor Agent an as-built survey of the LNG Facility Site and the LNG Facility located on it in accordance with and meeting all requirements and information required for the initial survey referred to in Section 4.1(j)(i) (Conditions to Initial Closing Date and Initial Advance – Real Property).

More Definitions of LNG facility

LNG facility means a facility or terminal used for the liquefaction of gas or the importation, offloading and re-gasification of LNG and includes ancillary services and temporary storage for the re-gasification process and

LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gaseification of LNG, and shall include ancillary services and temporary storage necessary for the re-gaseification process and subsequent delivery to the transmission system, but shall not include any part of LNG terminals used for storage;

LNG facility means those portions of a pipeline system that are used for transporting or storing LNG or for LNG conversion.

LNG facility means LNG facility as defined in Article 2, point (33), of Directive (EU) 2024/…+;

LNG facility means LNG facility as defined in Article 2, point (27) of [the recast Gas Directive, COD 2021/0425];

LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gaseification of LNG, but shall not include any part of LNG terminals used for storage;

LNG facility means Vessel “Hoegh Giant” the Floating Storage and Regasification Unit (FSRU) owned by Hoegh LNG and its paraphernalia used in STS Operation located within the Port;