Examples of LNG SPA in a sentence
Except to the extent such amendment or modification is required by applicable law or regulation of any Governmental Authority, CCL will not agree to any amendment or modification to the terms or provisions of any Qualifying LNG SPA if such amendment or modification would or could reasonably be expected to have a Material Adverse Effect.
LNG SPAs may be entered into by CCL in respect of Supplemental Quantities of LNG and such LNG SPAs may be of any duration, on any terms and to buyers of any credit quality; provided that (a) performance under such LNG SPAs would not reasonably be expected to have a Material Adverse Effect; and (b) entry into and the terms of such LNG SPA will not result in a breach of any Required LNG SPA then in effect.
Any LNG SPA that becomes a Qualifying LNG SPA will automatically be deemed to be a Material Project Agreement.
Over the last decade Mr. Teter has been a principal negotiator or advisor for LNG SPA contracts with a notional volume in excess of 7,000,000 MMBtu/day.
Following such notice, Owner and Charterer shall consult and co-operate with a view to agreeing the date on which such Scheduled Drydocking is to be carried out, taking into consideration, amongst other things, the maintenance schedule at the Primary Terminals, the Designated Terminals and Charterer’s schedule for deliveries under any LNG SPA, Designated Trade and any other relevant contract for the purchase or sale of LNG.