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.

  • Transporter and Shipper shall enter into such additional agreements as may be necessary in furtherance of this Precedent Agreement.

  • Notwithstanding anything contained in this Precedent Agreement, neither Transporter nor Shipper shall be liable for consequential losses that relate to or arise out of this Precedent Agreement or its termination regardless of whether such losses arise pursuant to contract, tort, strict liability or other fault of either Transporter or Shipper.

  • No amendments may be made to this Precedent Agreement except by an amendment in writing signed by both parties.

  • Shipper may assign this Precedent Agreement to any party that satisfies Transporter’s creditworthiness requirements, but then only upon Transporter’s prior written consent, which consent shall not be unreasonably withheld.


More Definitions of Precedent Agreement

Precedent Agreement means this agreement, including Exhibits A through C, which are incorporated herein.
Precedent Agreement means this precedent agreement between TransCanada and Shipper.
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 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 shall have the meaning set forth in Section 5.8.
Precedent Agreement means a contractual commitment to acquire
Precedent Agreement means a contractual commitment, including