Gas Sales Contracts definition

Gas Sales Contracts means physically settled sales of specified volumes of Hydrocarbons at a price determined on the date of such sale by reference to an industry-accepted index for such Hydrocarbon and pursuant to (a) the Base Contract For Sale and Purchase of Natural Gas in a form promulgated by the North American Energy Standards Board or (b) the North American Gas Annex to the Master Agreement in a form promulgated by the International Swaps and Derivatives Association, Inc.
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Gas Sales Contracts means physically settled sales of specified volumes of Hydrocarbons at a price determined on the date of such sale by reference to an industry-accepted index for such Hydrocarbon and pursuant to (a) the Base Contract For Sale and Purchase of Natural Gas in a form[Different first page setting changed from off in original to on in modified.]. promulgated by the North American Energy Standards Board or (b) the North American Gas Annex to the Master Agreement in a form promulgated by the International Swaps and Derivatives Association, Inc.
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Gas Sales Contracts means all of the contracts pursuant to which the corporation agrees to sell gas to gas customers, including, without limiting the generality of this class of asset, the contracts described in Schedule 3 and any variations to them entered into prior to the transfer time.
Sample 1

Examples of Gas Sales Contracts in a sentence

  • The Company receives scheduled natural gas volumes from supply affiliates through gas purchase contracts (the “Resale Contracts”) and, in turn, sells such gas to Municipal Buyers who have entered into either: (1) the Joint Gas Purchase Contract (the “Cooperative Contract”) to purchase some or, in many cases, all of the gas requirements of their utility systems at discounted prices or (2) Spot Gas Sales Contracts (“Flex Gas Contracts”), which generally represent shorter-term purchasing commitments.

  • The Parties explicitly recognize and agree that Gas Purchaser may elect a partial reduction in its Daily Contract Quantity to reflect the fact that one or more, but not all, of Gas Purchaser’s downstream customers may elect to have all of their daily contract quantities remarketed for the remaining term of their Gas Sales Contracts with Gas Purchaser.

  • Georgian Oil and Contractor shall endeavour to conclude Gas Sales Contract(s) and implement a Development Plan for each Gas Field to deplete such Field within its production period, subject always to the application of good international Petroleum industry development and operating practices.

  • This Contract cancels and supersedes all previous Gas Sales Contracts between the parties hereto.

  • On 20 April 2018 Gazprom filed a Request for Arbitration to The Arbitration Institute of the Stockholm Chamber of Commerce requesting revision or, alternatively, setting aside of the Gas Transit and Gas Sales Contracts because of alleged imbalance between the parties’ obligations under the Contracts following Final Awards in both Transit and Sales Arbitration.

  • Testwork has established the most appropriate grind size for plant design.

  • Gazprom may add or replace Gas Buyers and Gas Sales Contracts, subject to rating agency reaffirmation and certain other requirements described further herein (see ‘‘Description of the Transaction Documents—The Loan Agreement’’).B – The NotesThe Issuer will issue the Notes under the Trust Deed, pursuant to which the Issuer will also enter into certain restrictive covenants as to its corporate existence and other business activities.

  • The Parties explicitly recognize and agree that Gas Purchaser may elect a partial reduction in its Daily Contract Quantity to reflect the fact that one or more but not all of Gas Purchaser’s downstream customers may elect to have all or a portion of their daily contract quantities remarketed for the remaining term of their Gas Sales Contracts with Gas Purchaser.

  • As mentioned in the introduction and discussed more below, there is a negative interaction between indexical shift and allocutive agreement under an intransitive verb like ‘think’ or ‘say’ in Magahi.

  • Response:NGC is currently bound by the confidentiality provisions of its Gas Sales Contracts with each of its upstream suppliers and customers and so is unable to make this data publicly available.


More Definitions of Gas Sales Contracts

Gas Sales Contracts means all of the con tracts pursuant to which the corporation agrees to sell gas to gas customers, including, without limiting the generality of this class of asset, the con tracts described in Schedule 3 and any variations to them entered into prior to the transfer time.
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Related to Gas Sales Contracts

  • sales contract means a contract under which a trader transfers or agrees to transfer the ownership of goods to a consumer and the consumer pays or agrees to pay the price, including any contract that has both goods and services as its object. Conformity

  • Supply Contracts means contracts having as their object the purchase, lease, rental or hire-purchase, with or without an option to buy, of products. A supply contract may include, as an incidental matter, siting and installation operations;

  • Supply contract means a contract under which a lessor buys or leases goods to be leased.

  • Oil and Gas Hedging Contracts means any oil and gas purchase or hedging agreement, and other agreement or arrangement, in each case, that is designed to provide protection against oil and gas price fluctuations.

  • Hydrocarbon means a compound consisting of hydrogen and carbon, which, when naturally occurring, may also contain other elements such as sulphur;

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Offtake Agreement means the offtake agreement dated May 13, 2008 with Glencore International AG pursuant to which the Company agreed to sell in U.S. dollars to Glencore, and Glencore agreed to acquire, 100% of the V2O5 production at the Maracás Menchen Mine. The Offtake Agreement was terminated effective April 30, 2020. See "Description of the Business - Marketing and Distribution".

  • Gas Transporter means the licensed operator of the transportation network through which gas is transported to you;

  • Petroleum refinery means each facility engaged in producing gasoline, kerosene, distillate fuel oils, residual fuel oils, lubricants, or other products through distillation of petroleum or through redistillation, cracking, extracting, or reforming of unfinished petroleum derivatives.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Sale Contract means a contract providing for the sale of one or more projects to one or more contracting parties and includes a contract providing for payment of the purchase price in one or more installments. If the sale contract permits title to the project to pass to the other contracting party or parties prior to payment in full of the entire purchase price, it shall also provide for the other contracting party or parties to deliver to the municipality or to the trustee under the indenture pursuant to which the bonds were issued one or more notes, debentures, bonds or other secured or unsecured debt obligations of such contractingparty or parties providing for timely payments, including without limitation, interest thereon for the balance of the purchase price at or prior to the passage of such title.

  • Hydrocarbon Interests means all rights, titles, interests and estates now or hereafter acquired in and to oil and gas leases, oil, gas and mineral leases, or other liquid or gaseous hydrocarbon leases, mineral fee interests, overriding royalty and royalty interests, net profit interests and production payment interests, including any reserved or residual interests of whatever nature.

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • Offtaker means the counterparty to an Offtake Agreement;

  • Coal means non-coking as well as coking coal, produced domestically and categorized into different classes, grades and sizes, as per the notification/order issued for such purpose by Government of India(GoI)/CIL/ Seller; and shall where the context so requires, include Imported Coal.

  • Hydrocarbons means oil, gas, casinghead gas, drip gasoline, natural gasoline, condensate, distillate, liquid hydrocarbons, gaseous hydrocarbons and all products refined or separated therefrom.

  • Carbon dioxide or “CO2” means the most common of the six primary greenhouse gases, consisting on a molecular level of a single carbon atom and two oxygen atoms.

  • Supply Agreements has the meaning set forth in Section 7.1.

  • Pipelines means those pipelines within the Storage Facility that connect the Tanks to one another and to the receiving and delivery flanges of the Storage Facility.

  • Production Burdens means any royalties (including lessor’s royalties), overriding royalties, production payments, net profit interests or other burdens upon, measured by or payable out of oil, gas or mineral production.

  • Futures Contract means a Financial Futures Contract and/or Stock Index Futures Contracts.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Interconnection Agreements means, collectively, (a) an agreement by and among Owner, TransÉnergie and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the U.S. Border of the NECEC Transmission Line with the Québec Line and (b) an agreement by and between Owner and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the Delivery Point of the NECEC Transmission Line with certain transmission facilities operated by ISO-NE. The Interconnection Agreements shall address cost responsibilities among entities other than the Distribution Company and the other RFP Sponsors and shall include provisions, both technical and otherwise, for safe and reliable interconnected operations of the HVDC Transmission Project following Commercial Operation (including use of the HVDC Transmission Project for the delivery of electric power in emergency circumstances).

  • Oil and Gas Leases means all leases, subleases, licenses or other occupancy or similar agreements (including any series of related leases with the same lessor) under which a Person leases, subleases or licenses or otherwise acquires or obtains rights to produce Hydrocarbons from real property interests.

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.