Gas Contract definition

Gas Contract. The Natural Gas Supply Contract dated April 16, 1996 made by the National Gas Company of Trinidad and Tobago Limited, Arcadian Trinidad Limited (currently PCS Nitrogen Trinidad Limited) Arcadian Trinidad Ammonia Limited (which by novation assigned its obligations, rights and benefits thereunder by agreement dated January 27, 1997 to the said Arcadian Trinidad Limited, currently PCS Nitrogen Trinidad Limited) and Arcadian Nitrogen Limited (currently PCS Nitrogen Limited).

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Gas Contract means any Gas Supply Contract, any Gas Storage Contract or any Gas Transportation Contract.

Gas Contract means the NAESB Base Contract to be executed and delivered by ▇▇▇▇▇▇▇▇ to CDWR pursuant to the terms of Paragraph 3.2(c) of this Settlement Agreement.

Examples of Gas Contract in a sentence

At least thirty (30) days prior to the delivery or the execution of any contract for the sale, delivery, transporting or processing of gas produced from the Leased Premises, Lessee shall provide Lessor with a complete copy of each proposed contract for the purchase, transportation and/or processing of such gas that Lessee intends to execute (each a "Gas Contract"), whereupon, Lessor may object if the terms of said Gas Contract conflict with the terms and conditions of this Lease.
Lessee shall furnish to Lessor, within a reasonable time after its execution, a copy of any Gas Contract or transportation agreement entered into in connection with the Leased Premises, or if there is already a Gas Contract or transportation agreement in effect due to ▇▇▇▇▇▇'s operations in the field, then a copy of that contract.
Lessee shall furnish to Lessor, within a reasonable time after its execution, a copy of any Gas Contract or transportation agreement entered into in connection with the Leased Premises, or if there is already a Gas Contract or transportation agreement in effect due to Lessee's operations in the field, then a copy of that contract.
Lessor’s failure to respond within the fifteen (15) day period shall be deemed to be Lessor’s approval of such Gas Contract.
If Lessor and Lessee cannot agree on the terms of a Gas Contract that are acceptable to the other party or parties thereto, Lessee may elect to execute such Gas Contract and sell, deliver, transport and process gas according to the terms thereof, subject to the other terms of this Paragraph 3 concerning the payment of Lessor’s royalty on gas and products therefrom, including the right of Lessor to take its share of gas in kind.
Lessee shall not amend or modify any material terms of a Gas Contract approved by Lessor without the prior written consent of Lessor.
If Lessor does not approve of a Gas Contract, Lessee shall consult with Lessor in an effort to agree to the terms of the proposed Gas Contract, and if the other party or parties to the Gas Contract agree to the changes or modifications to the Gas Contract which are proposed by Lessor in order for Lessor to approve such Gas Contract, then Lessor shall be deemed to have approved such Gas Contract.
If Lessor approved the Gas Contract, the gas or products therefrom sold pursuant to such Gas Contract shall be deemed sold at market value based on the gross price stated therein.
The Transaction Procedures set forth in the Gas Contract are acknowledged and agreed to by Guarantor and Guarantor agrees not to contest the validity or enforceability of any Transaction entered into in accordance with the Transaction Procedures under applicable law relating to whether certain agreements are to be in writing or signed by the Party to be thereby bound.
All capitalized terms used in this Guaranty and not herein defined shall have the meanings attributed to them in the Gas Contract.

More Definitions of Gas Contract

Gas Contract means any contract, agreement or other obligation of any of the Company, Manta Ray or Nautilus to purchase fuel gas, buy or sell linepack gas or transport, exchange, gather, process or otherwise handle natural gas.

Gas Contract means the gas contract or subcontract to be entered into by an Affiliate of the Lessee with respect to the supply of natural gas to the Ammonia Project.

Gas Contract means the existing natural gas sales agreement between the parties, or their predecessors, entered into on May 1, 1989, as amended on October 30, 1992 and by amendment dated October 28, 1997.

Gas Contract means that certain NAESB Base Contract for Sale and Purchase of Natural Gas, as amended by Special Provisions, which modify and are incorporated into the NAESB Base Contract for Sale and Purchase of Natural Gas, together with the Transaction Confirmation to be negotiated between MSCG and CDWR pursuant to the terms of Paragraph 3.3 of this Settlement Agreement.