Precedent Agreement definition

Precedent Agreement means a binding agreement between Company and a Prospective Shipper for the provision of the transportation service requested, subject to fulfillment of conditions precedent as agreed to between Prospective Shipper and Company.
Precedent Agreement means any agreement between the Company and a prospective shipper of natural gas through the Facilities that involves the commitment by such shipper to pay demand charges in return for a firm transportation obligation on the part of the Company, in each case subject to the satisfaction of one or more conditions precedent.
Precedent Agreement means the Precedent Agreement for Firm Natural Gas Transportation Service for the Rio Bravo Pipeline, dated as of March 2, 2020, as amended on April 8, 2022, March 23, 2023, and July 12, 2023, between Rio Bravo Pipeline Company, LLC and Rio Grande LNG Gas Supply LLC.

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.


More Definitions of Precedent Agreement

Precedent Agreement means this agreement, including Exhibits A through C, which are incorporated herein.
Precedent Agreement means that certain Precedent Agreement dated September 19, 2014, as the same has been and may be amended, between Pipeline and Customer to contract for firm transportation service as part of the Project under a firm transportation service agreement.
Precedent Agreement means this precedent agreement between TransCanada and Shipper.
Precedent Agreement means that certain precedent agreement, dated _2/5/2010_, entered by and between TIGER and Shipper, and pursuant to which TIGER and Shipper entered the FTS Agreement.
Precedent Agreement means an agreement entered
Precedent Agreement means a contractual commitment to acquire
Precedent Agreement shall have the meaning set forth in Section 5.8.