Full ACQ Date definition

Full ACQ Date as defined in Section 4.7.1;
View Source
Full ACQ Date shall occur one hundred eighty (180) Days after the Commercial Start Date (as such may be extended) unless Buyer and Seller mutually agree that the Full ACQ Date shall occur on an earlier date, provided that the Full ACQ Date may be deferred up to three hundred sixty-five (365) Days, on a Day-for-Day basis, for (a) a Force Majeure event affecting Seller that delays the production or transportation of LNG hereunder after the Commercial Start Date such that Seller cannot produce or deliver the Base ACQ or (b) a Force Majeure event affecting Buyer that delays the reception of LNG hereunder after the Commercial Start Date such that Buyer cannot receive the Buyer ACQ (in each case, a “Full ACQ FM Delay”), provided further that the sum of any CSD FM Delay plus any Full ACQ FM Delay may not cumulatively exceed three hundred sixty-five (365) Days.
View Source

Examples of Full ACQ Date in a sentence

  • The Joint Sub-Committee will meet in person or telephonically not less than once every Calendar Quarter after the Full ACQ Date to discuss operations, maintenance, and scheduling topics as necessary from time to time in order to ensure operations and scheduling consistent with this Agreement.

  • Buyer acknowledges that the CTS Services Agreement may not be effective prior to the Full ACQ Date, and in that event Seller shall use, or cause FLNG to use, commercially reasonable efforts to procure transportation capacity on the Coastal Transmission System on an interruptible basis as necessary to deliver sufficient quantities of Gas to produce the Build-Up Quantity.

Related to Full ACQ Date

  • Start-up period has the meaning as defined in the relevant Supplemental Agreement.

  • Lock-up Period means the period commencing on the date of the final prospectus relating to the Company’s IPO, and ending on the date specified by the Company and the managing underwriter(s). Such period shall not exceed one hundred eighty (180) days, or such other period as may be requested by the Company or an underwriter to accommodate regulatory restrictions on (i) the publication or other distribution of research reports, and (ii) analyst recommendations and opinions.

  • Applicable Par Call Date means (i) with respect to the 2027 Notes, February 17, 2027 (the date that is one month prior to the scheduled maturity date for the 2027 Notes) and (ii) with respect to the 2032 Notes, December 17, 2031 (the date that is three months prior to the scheduled maturity date for the 2032 Notes).

  • First Day of the Knock-out Period means the First Day of the Knock-out Period as specified in § 1 of the Product and Underlying Data.

  • Post-Acquisition Period means, with respect to any Permitted Acquisition, the period beginning on the date such Permitted Acquisition is consummated and ending on the last day of the sixth full consecutive fiscal quarter immediately following the date on which such Permitted Acquisition is consummated.