Common use of Allocation of Retainage Clause in Contracts

Allocation of Retainage. (a) The Forecasted Retainage shall be Terminal Operator’s good faith estimate of the quantity of Retainage that will be consumed by the Terminal for Regasified LNG to be made available on an annual levelised basis.

Appears in 3 contracts

Samples: LNG Terminal Use Agreement, LNG Terminal Use Agreement, LNG Terminal Use Agreement

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Allocation of Retainage. (a) The Forecasted Retainage shall be is Terminal Operator’s good faith estimate of the quantity of Retainage that will be consumed by the Terminal for Regasified LNG to be made available on an annual levelised basisto Spot Cargo User during the Term.

Appears in 2 contracts

Samples: LNG Spot Cargo Agreement, LNG Spot Cargo Agreement

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