Common use of Available Capacity Clause in Contracts

Available Capacity. Without derogating from the provisions of Articles 6.4.1 to 6.4.8, if by December 31, 2012 the Increase Notice has not been given, then at Buyer’s request the Sellers shall advise the Buyer whether they have available uncontracted capacity in the Sellers’ Facilities and are able to increase the MaxHQ and DCQ under this Agreement using the existing Sellers’ Facilities. In the event the Sellers advise the Buyer that they do have available capacity as aforesaid and within thirty (30) days thereafter the Buyer notifies the Sellers that it would like to increase the MaxHQ and the DCQ hereunder, the Buyer and Sellers shall meet within fourteen (14) days from the date of Buyer’s notice in order to discuss such increase.

Appears in 2 contracts

Sources: Gas Sale and Purchase Agreement, Gas Sale and Purchase Agreement (Noble Energy Inc)

Available Capacity. Without derogating from the provisions of Articles 6.4.1 ‎6.4.1 to 6.4.8‎6.4.8, if by December 31, 2012 the Increase Notice has not been given, then at Buyer’s 's request the Sellers shall advise the Buyer whether they have available uncontracted capacity in the Sellers’ ' Facilities and are able to increase the MaxHQ and DCQ under this Agreement using the existing Sellers’ ' Facilities. In the event the Sellers advise the Buyer that they do have available capacity as aforesaid and within thirty (30) days thereafter the Buyer notifies the Sellers that it would like to increase the MaxHQ and the DCQ hereunder, the Buyer and Sellers shall meet within fourteen (14) days from the date of Buyer’s 's notice in order to discuss such increase.

Appears in 1 contract

Sources: Gas Sale and Purchase Agreement (Noble Energy Inc)