Common use of FOB Price Clause in Contracts

FOB Price. the amount calculated in accordance with Paragraph 11.1.5 of Part B of Schedule 2 in respect of the relevant cargo; FOB SCQ: each scheduled contract quantity of LNG (in MMBtu) scheduled for loading under the FOB ADP or FOB Ninety Day Schedule, as applicable; FOB Specifications: as defined in Paragraph 12.1 of Part A of Schedule 4; Foundation Customer: any customer of Project Co, that enters into an LNG purchase agreement with an annual contract quantity of no less than zero decimal seven (0.7) million metric tonnes per annum of LNG on a firm basis from the Corpus Christi Facility, with a minimum term of twenty (20) years; provided, however, that the Transporter shall not be a Foundation Customer with respect to LNG subject to the terms of this Agreement regardless; provided, further, however, that nothing in this Agreement shall prejudice the Transporter’s status or rights as a Foundation Customer pursuant to any other LNG purchase agreement with Project Co;