Annual Delivery Programme definition

Annual Delivery Programme or “ADP” means the annual schedule for delivery and unloading of LNG cargo of a Terminal User at the LNG terminal for re-gasification or re-loading in accordance with the provisions of the Code;
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Annual Delivery Programme or “ADP” means the programme for loading LNG for any Contract Year, as defined in Clause 10.1.1 and including any Extension Period Annual Delivery Programme pursuant to Clause ‎10.3, as appropriate.
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Annual Delivery Programme. ("ADP"), Ninety Day Schedule ("NDS") and Weekly Programme for such Contract Year shall be established according to the following conditions: (i) Except for the first Contract Year, on or before June 1st, Buyer shall nominate, on a non -binding basis, the "Annual Contract Quantity" or "ACQ" for the upcoming Contract Year, which ACQ may be zero (0), but if it is more than zero (0), then it must be at least four (4) TBTU and shall not exceed the Maximum Annual Contract Quantity for such Contract Year. In establishing each ACQ, Buyer shall have the right to nominate a quantity of Natural Gas equal to zero (0) and, at Buyer's election, to procure diesel from Third Parties during the relevant period. If Buyer nominates zero (0) or less than four (4) TBTU (which shall be deemed a nomination of zero (0)), such nomination shall be fmal and binding and Seller has no obligation to deliver for that Contract Year. In addition to the ACQ, Buyer shall provide on or before June 1st:
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Examples of Annual Delivery Programme in a sentence

  • The Lessee shall prepare and provide the Annual Delivery Programme in respect of the first Contract Year by the time required by Clause 10.2(g) (Annual Delivery Programme) in the form substantially set out in Schedule 19 (Form of First Annual Delivery Programme).

  • In any event, the Annual Delivery Programme for the first Contract Year shall be finalised by no later than thirty (30) days prior to the start of the Arrival Window for the first Cargo to be delivered in such Contract Year, provided that the Buyer shall use reasonable endeavours to accept changes to any details already agreed between the Buyer and the Seller Group pursuant to Clauses 10.2.1 to 10.2.3 that fall within [***] days of such notice from the Seller Group.

  • In accordance with the provisions of this Clause 10, the Seller Group and the Buyer will work together in co-operation to develop the annual programme of LNG deliveries for each Contract Year (the "Annual Delivery Programme").

  • Each Specific Delivery Schedule shall supersede the provisions of the applicable Annual Delivery Programme and any previous Specific Delivery Schedule for the months specified in such Specific Delivery Schedule.

  • The Buyer shall be entitled to replace an Approved LNG Ship with a substitute Approved LNG Ship in any Annual Delivery Programme and/or Specific Delivery Schedule.

  • There shall be an Annual Delivery Programme for each Contract Year in respect of any Extension Period pursuant to Clause ‎6.2 and the foregoing provisions of this Clause 10 shall apply to the necessary changes being made thereto on the basis that references to a Contract Year are to a Contract Year during the Extension Period.


More Definitions of Annual Delivery Programme

Annual Delivery Programme or “ADP” means the annual schedule for delivery and unloading of LNG cargo of a terminal user at the LNG terminal for regasification or re-loading, in accordance with the provisions of this Code;
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Annual Delivery Programme or "ADP" shall have the meaning given to it in Clause 7.4(a).
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Annual Delivery Programme means an annual delivery programme for a Contract Year prepared in accordance with Clause 10.2 (Annual Delivery Programme).
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