LNG Sales Contract definition

LNG Sales Contract means each of, and "LNG Sales Contracts" means both of, the CPC Sales Contract and the KGC Sales Contract.
Sample 1Sample 2
LNG Sales Contract means the LNG Sales Contract dated as of December 3, 1973, as heretofore and hereafter amended or extended up to the period ending on December 31, 1999 (but excluding any and all extensions, supplements, modifications, renewals or amendments applicable to periods subsequent to December 31, 1999) between Pertamina and The Chubu Electric Power Co., Inc., The Kansai Electric Power Co., Inc., Kyushu Electric Power
Sample 1

Examples of LNG Sales Contract in a sentence

  • The Sharing Percentages with respect to an LNG Sales Contract shall be calculated as provided in the respective Supply Agreements applicable to such LNG Sales Contract and the respective Production Sharing Contracts, based upon actual or estimated production and costs as required thereby.

  • PERTAMINA desires to sell and CPC desires to purchase quantities of LNG in addition to the quantities to be purchased under the terms of the Badak III LNG Sales Contract.

  • PERTAMINA, in collaboration with Contractors and its production sharing contractors in other contract areas in East Kalimantan (herein referred to as the "Other Contract Areas"), has entered into that certain Badak LNG Sales Contract originally dated as of April 14, 1981, with Chubu Electric Power Co., Inc., The Kansai Electric Power Co., Inc., Osaka Gas Co., Ltd.

  • Suncor has commitments under long-term energy agreements to obtain a portion of the power and the steam generated by certain cogeneration facilities owned by a major third-party energy company and obligations associated with reimbursing BG Gas Marketing for gas quantities as outlined in the Trinidad LNG Sales Contract.

  • The Accountants shall be directed to furnish to the Bontang VI Trustee (with a copy to the Producers) a certificate on or before the 15th day of December in each calendar year (initially for 1997 on or before December 15, 1997) setting forth the respective Sharing Percentages of each Producer for the following calendar year (and for 1997 in the case of the first such certificate) with respect to each LNG Sales Contract in effect during such calendar year.

  • Pertamina shall provide instructions that all amounts coming due to Pertamina under the Transportation Agreement or any other transportation arrangement relating to an LNG Sales Contract (other than Excluded Amounts) shall be paid directly to the Bontang VI Trustee.

  • The Accountants shall be directed to furnish to the Bontang V Trustee (with a copy to the Producers) a certificate on or before the 15th day of December in each calendar year (initially for 1995 on or before December 15, 1995) setting forth the respective Sharing Percentages of each Producer for the following calendar year (for 1995 in the case of the first such certificate) with respect to each LNG Sales Contract in effect during such calendar year.

  • For the purposes of this Agreement the "Approved Level of Working Capital" shall be that amount, if any, specified to the Bontang V Trustee in a notice from the Producers, and the respective "Sharing Percentages" of each Producer with respect to an LNG Sales Contract shall be the percentages set forth in the most recent certificates furnished to the Bontang V Trustee pursuant to Section 8.3.

  • All assets under the jurisdiction and control of the Bontang VI Trustee and held from time to time in the Bontang VI Trust Funds shall be accounted for within the Bontang VI General Account specifying the subaccount and LNG Sales Contract to which such assets may be allocated, the bank or banks at which cash deposits may be maintained and the place or places at which investment securities may be held in custody for the account of the Bontang VI Trustee.

  • Any Implementation Procedure agreed between PERTAMINA and CPC in relation to the Badak III LNG Sales Contract shall also apply, mutatis mutandis, to the sale and purchase of LNG pursuant to this Agreement.

Related to LNG Sales Contract

  • 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

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Contract Sales Price means the total consideration received by the Company for the sale of an Investment.

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

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Offtaker means the counterparty to an Offtake Agreement;

  • Closing Sales Price means, for any security as of any date, the last sales price of such security on the principal trading market where such security is listed or traded as reported by Bloomberg Financial Markets (or a comparable reporting service of national reputation selected by the Corporation if Bloomberg Financial Markets is not then reporting closing sales prices of such security) (collectively, “Bloomberg”), or if the foregoing does not apply, the last reported sales price of such security on a national exchange or in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no such price is reported for such security by Bloomberg, the average of the bid prices of all market makers for such security as reported in the “pink sheets” by the National Quotation Bureau, Inc., in each case for such date or, if such date was not a trading day for such security, on the next preceding date that was a trading day. If the Closing Sales Price cannot be calculated for such security on any of the foregoing bases, the Closing Sales Price of such security on such date shall be the fair market value as reasonably determined by an investment banking firm selected by the Corporation, with the costs of such appraisal to be borne by the Corporation.

  • MMBtu means one million British Thermal Units.

  • Offtake Agreement means any refining, smelting, brokering, sale, marketing and/or processing agreement entered into by the Owner or its Affiliates with respect to Minerals produced from the Property;

  • Delivery Month means each month specified as such by the Exchange pursuant to

  • Contract Month means a calendar month (or portion thereof) during the term of this Agreement. Contract Month 1 shall commence on the first day of the first calendar month following the Effective Date and end on the last day of that calendar month.

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Net Sales Price means the gross billing price of any PRODUCT received by Licensee or its SUBLICENSEE for the sale or distribution of any PRODUCT, less the following amounts actually paid by Licensee or SUBLICENSEE:

  • Fixed price contract means a contract that provides a price, for each

  • Biodiesel means a fuel composed of mono-alkyl esters of long chain fatty acids derived from vegetable oils or animal fats, and, in accordance with standards specified by the American society for testing and materials, designated B100, and meeting the requirements of D-6751, as approved by the department of agriculture.

  • distance contract means a contract concluded between a trader and a consumer under an organised distance sales or service-provision scheme without the simultaneous physical presence of the trader and the consumer, with the exclusive use of one or more means of distance communication up to and including the time at which the contract is concluded;

  • ex-works price means the price paid for the product ex works to the manufacturer in the EU or in a SADC EPA State in whose undertaking the last working or processing is carried out, provided the price includes the value of all the materials used, minus any internal taxes paid which are, or may be, repaid when the product obtained is exported;