Guaranteed Minimum Capacity definition
Guaranteed Minimum Capacity means, at any time during the Term, the greater of (A) the sum of 0.5 Bcf/d of send-out capacity at the Sabine Pass Terminal plus additional send-out capacity at the Sabine Pass Terminal sufficient to accommodate all remaining deliveries to be made to the Sabine Pass Terminal during the Term under (i) then already executed and effective Term Purchase Agreements and Term Purchase TUAs and (ii) all other executed and effective agreements entered into by CMI that are permitted under the Services Agreement for delivery of LNG to the Sabine Pass Terminal or (B) the remainder of 2.1 Bcf/d of send-out capacity at the Sabine Pass Terminal minus the amount of send-out capacity sufficient to accommodate all remaining deliveries to be made to the Sabine Pass Terminal under (i) then executed and effective Third Party TUAs, LNG Purchase Agreements and Term Purchase TUAs and (ii) all other executed and effective agreements entered into by CMI that are permitted under the Services Agreement for delivery of LNG to the Sabine Pass Terminal.
Guaranteed Minimum Capacity means the capacity and ability to provide the Services for the benefit of the NSS in respect of at least 300,000 Eligible Samples or similar samples per year in any Year during the Term in any relevant Laboratory;
Examples of Guaranteed Minimum Capacity in a sentence
Each TUA Utilization Notice shall include the then current Guaranteed Minimum Capacity.