Examples of Transportation Contract in a sentence
Seller shall take all actions and execute all documents reasonably necessary to grant Buyer access to communications with respect to the Transportation Contract with respect to gas delivered by Buyer and received by Seller at the Gas Delivery Point, such as confirmations and upstream contracts.
If the Transportation Contract expires or terminates for any reason during the Term, Seller shall extend the Transportation Contract or enter into a new Transportation Contract under similar terms and conditions for the duration of the Term, subject to Buyer’s prior review and approval of the form and substance of such extension or new Transportation Contract.
Prior to the Initial Delivery Date, Seller shall designate Buyer as contracted marketer (“Contractor”) on behalf of Seller in the Transportation Contract as provided for in Rules 1 and 35 of the Gas Transporter Gas Tariff and shall take all actions required by the Gas Transporter to authorize Buyer to act as Seller’s authorized Contractor as of the effective date of the Transportation Contract and throughout the remainder of the Term.
Prior to the Initial Delivery Date, Seller shall enter into a transportation agreement (“Transportation Contract”) with Gas Transporter as may be reasonably required by Buyer, and such Transportation Contract shall be maintained in full force and effect during the entire remaining Term as may be reasonably required by Buyer.
Seller shall use commercially reasonable efforts to ensure that there are no natural gas imbalances associated with the Transportation Contract as of the date that Buyer is designated as Contractor, and shall indemnify Buyer for any natural gas imbalances, including all costs or penalties associated with the Transportation Contract that have occurred during the period prior to such designation.