Saudi Contract definition

Saudi Contract has the meaning set out on Appendix 13.
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Examples of Saudi Contract in a sentence

  • Buyer’s Parent and Buyer undertake various responsibilities in Appendix 13 and in other documents with regard to the Saudi Contract (as defined in Appendix 13) and the transactions related thereto.

  • Notwithstanding anything to the contrary in Clause 14(a) of this Agreement, Seller shall provide [REDACTED] and [REDACTED] per Barrel with respect to all volumes of Oil purchased by Buyer from Saudi Arabian under the Saudi Contract (each such volume, a “Saudi Cargo”).

  • Buyer shall be fully liable for all obligations, and Seller shall have no obligation to Buyer except as specifically set forth herein, with respect to (i) any payment owing from Buyer to Saudi Arabian (ii) any breach by Buyer of the Saudi Contract, (iii) any termination of the Saudi Contract other than a termination resulting from Seller’s failure to perform its obligations under the Saudi Contract as “Buyer’s Assignee,” or (iv) any failure or refusal of Saudi Arabian to provide Oil to Buyer or Seller.

  • Upon receipt of each invoice from Saudi Arabian under the Saudi Contract, Buyer shall immediately deliver an exact copy of such invoice to Seller.

  • Buyer and Buyer’s Parent also agree to cooperate and take all appropriate actions under or with respect to the Saudi Contract to enable and facilitate Buyer’s and Buyer’s Parent’s performance of their obligations with respect to the Saudi Contract, the Saudi Cargoes and the Original Agreement.

  • Seller may purchase futures contracts on the Saudi Cargoes in connection with the Oil pricing terms set forth in the Saudi Contract, in the same manner as for other Cargoes owned by Seller pursuant to Clause 9 and the other provisions of the Agreement, and the pricing for the subsequent resale of such Cargo by Seller to Buyer upon Delivery from Seller to Buyer shall be based on such futures contract pricing.

  • By: Name: Xxxxxxx Xxxxxx Xxxxx Title: President By: Name: Xxxxxxx Xxxx Title: Secretary On or about the date of the execution of that certain First Amendment to this Agreement, Buyer is entering into a contract (the “Saudi Contract”), in substantially the form of Attachment I to this Appendix 13, with Saudi Arabian providing for the supply of Arab [REDACTED] Crude (Type C) from Saudi Arabian to Buyer, with Seller executing the Saudi Contract as “BUYER’S ASSIGNEE” for the limited purposes set forth therein.

  • Therefore, the primary school teachers’ leadership capacity is Neutral, which reflects that teacher require to improve their own leadership capacity, Therefore, schools do need to adopt different measures to improve teachers’ leadership capacity.

  • If the Parties are able to enter an agreement with Saudi Arabian as to the terms of the Saudi Contract that is acceptable to each Party in their sole discretion, then it is anticipated that the Saudi Contract will be for approximately [REDACTED] of Arab [REDACTED] Crude (Type C).

  • Upon receipt of each invoice from Saudi Arabian under the Saudi Contract, Buyer’s Parent shall immediately deliver an exact copy of such invoice to Seller.

Related to Saudi Contract

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Procurement Contract or “Contract” means any written agreement of the Authority for the acquisition of goods or services of any kind in the actual or estimated amount of $25,000, or more.

  • Smart contract means a computer program stored in an electronic ledger system wherein the outcome of the execution of the program is recorded on the electronic ledger;

  • Customer Contract means a Contract (or group of related Contracts) pursuant to which any Group Company, after giving effect to the Pre-Closing Business Transfers, licenses or otherwise provides products and services to customers of the Business.

  • Project Contract means any contract between the District or the Corporation and any contractor or vendor regarding the construction, production or other acquisition or installation of any part of an Acquisition Project.

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • O&M Contract means the operation and maintenance contract that may be entered into between the Concessionaire and the O&M Contractor for performance of all or any of the O&M obligations;

  • Multiyear contract means a contract that extends beyond a one-year period, including a contract that permits renewal of the contract, without competition, beyond the first year of the contract.

  • Open Contract means a Contract which has not been closed out and which has not yet matured;

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • Privatization contract or “contract” means an agreement or

  • Master Contract means the CATS Master Contract between the Maryland Department of Budget and Management andTO Contractor dated December 19, 2005.

  • relevant contract means the contract relied on by an applicant under this section to satisfy the requirements of subsection (1)(a)(ii);

  • Charter contract or "contract" means a fixed-term, renewable contract

  • works contract means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract;

  • Sub-contracting means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor in the execution of part of a project in terms of the contract.

  • Seller Contract any Contract (a) under which Seller has or may acquire any rights or benefits; (b) under which Seller has or may become subject to any obligation or liability; or (c) by which Seller or any of the assets owned or used by Seller is or may become bound.

  • Prime Contract means the contract between LOCKHEED MARTIN and the U.S. Government or between LOCKHEED MARTIN and its higher-tier contractor who has a contract with the U.S. Government.

  • Management Contract means the contract executed between the treasurer and a program manager.

  • Connection Contract means a contract under which Distributed Generation is connected to the Network entered into by the Distributor and a Distributed Generator in accordance with Part 6 of the Code, and, for the purposes of this Agreement, the Distributor and a Distributed Generator are deemed to have entered into a Connection Contract if the regulated terms in Part 6 of the Code apply;

  • Prepaid contract means any Contract that has terminated or been prepaid in full prior to its scheduled expiration date (including because of a Casualty Loss), other than a Defaulted Contract.

  • Option Contract means a standardised contract the effect of which is that a person acquires the option—

  • Provider contract means any contract between a provider and a carrier (or a carrier's network,

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • Training Contract means an agreement signed by the employer and the Apprentice or Trainee (and a parent or guardian if applicable), in accordance with the Act and Regulatory requirements.