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 this agreement, including Exhibits A through C, which are incorporated herein.

Examples of Precedent Agreement in a sentence

• This Precedent Agreement represents the entire agreement between the parties with respect to the matters specified herein and supersedes and cancels any prior or contemporaneous arrangements, understandings, or agreements, whether written or oral, between the parties relative to the subject matter hereof.

• 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.

• Subject to Article 5, Xxxxxxx’s offer and Transporter’s acceptance of Xxxxxxx’s commitment to contract for the New Services selected in Appendix A to this Precedent Agreement may not and shall not be withdrawn, revoked or amended except with the mutual consent of both Shipper and Transporter.

• This Precedent Agreement may be assigned by Transporter to an affiliated entity without the requirement of Shipper’s consent.

More Definitions of Precedent Agreement

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.

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 means an agreement entered

Precedent Agreement means a contractual commitment to acquire

Precedent Agreement means the Transportation Precedent Agreement Firm Transportation Services, entered into on August 6, 2012, between Sabine Liquefaction and the Borrower, as amended by the First Amendment to Transportation Precedent Agreement Firm Transportation Services, dated as of November 5, 2012, and as may be further amended, amended and restated or otherwise modified from time to time in accordance herewith.