Examples of Precedent Agreement in a sentence
This Contract (including Schedule 1), all applicable rate schedules and price schedules, and any applicable Precedent Agreement constitutes the entire agreement between the parties hereto pertaining to the subject matter hereof.
In exchange, Midship agreed to provide firm natural gas transportation service at a negotiated rate agreed in the Precedent Agreement.
As described in greater detail in the Complaint (as defined below), pursuant to the Precedent Agreement, Gulfport originally reserved Firm Service (as defined in the Precedent Agreement) at a maximum daily transportation quantity (“MDTQ”) of 200,000 dekatherms (“DTH”) of firm natural gas transport capacity per day for ten years on Midship’s pipeline—a 200-mile, 36-inch diameter pipeline that transports natural gas from the STACK and SCOOP shale plays in Oklahoma’s Anadarko Basin.
This Precedent Agreement may be assigned by Transporter to an affiliated entity without the requirement of Shipper’s consent.
No amendments may be made to this Precedent Agreement except by an amendment in writing signed by both parties.