Common use of Term Purchases Clause in Contracts

Term Purchases. During the Term pursuant to the terms of the Tri-Party Agreement, LNGCo may elect to enter into a Term Purchase TUA, and designate in writing to CMI that one or more LNG Purchase Agreements be received at the Sabine Pass Terminal by LNGCo under such Term Purchase TUA, and such LNG Purchase Agreements shall be “Term Purchase Agreements”. During the Term, CMI shall provide LNGCo the same Services for cargoes of LNG purchased pursuant to Term Purchase Agreements as it does for cargoes purchased pursuant to other LNG Purchase Agreements.

Appears in 1 contract

Sources: LNG Services Agreement (Cheniere Energy Inc)

Term Purchases. During the Term pursuant to the terms of the Tri-Party Agreement, LNGCo may elect to enter into a Term Purchase TUA, and designate in writing to CMI that one or more LNG Purchase Agreements be received at the Sabine Pass Terminal by LNGCo under such Term Purchase TUA, and such LNG Purchase Agreements shall be “Term Purchase Agreements”. During the Term, CMI shall provide LNGCo the same Services for cargoes of LNG purchased pursuant to Term Purchase Agreements as it does for cargoes purchased pursuant to other LNG Purchase Agreements.. 4.4

Appears in 1 contract

Sources: LNG Services Agreement