Common use of Sellers and Buyers Obligations Clause in Contracts

Sellers and Buyers Obligations. With respect to each Transaction and subject to the terms of this Master Agreement, Seller shall sell and deliver, or cause to be delivered, and Buyer shall purchase and receive, or cause to be received, at the Delivery Point the Contract Quantity, and Buyer shall pay Seller the Contract Price. Seller shall be responsible for any costs or charges imposed on or associated with the delivery of the Contract Quantity, including control area services, inadvertent energy flows, transmission losses and loss charges relating to the transmission of the Contract Quantity, up to the Delivery Point. Buyer shall be responsible for any costs or charges imposed on or associated with the Contract Quantity, including control area services, inadvertent energy flows, transmission losses and loss charges relating to the transmission of the Contract Quantity, at and from the Delivery Point.

Appears in 3 contracts

Samples: Guarantee Agreement, Sales Agreement, Master Energy Purchase and Sale Agreement (Callaway Golf Co /Ca)

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Sellers and Buyers Obligations. With respect to each Transaction and subject Subject to the terms of this Master Agreement, Seller shall sell and deliver, or cause to be delivered, and Buyer shall purchase and receive, or cause to be received, at the Delivery Point the Contract Quantity, and Buyer shall pay Seller the Contract Price. Seller shall be responsible for any costs or charges imposed on or associated with the delivery of the Contract QuantityQuantity (excluding any Stranded Costs), including control area services, inadvertent energy flows, transmission losses and loss charges relating to the transmission of the Contract QuantityQuantity (excluding any Stranded Costs), up to the Delivery Point. Buyer shall be responsible for any costs or charges imposed on or associated with the Contract Quantity, including control area services, inadvertent energy flows, transmission losses and loss charges relating to the transmission of the Contract Quantity, at and from the Delivery Point.

Appears in 1 contract

Samples: Energy Purchase and Sale Agreement

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