LNG Equipment definition
LNG Equipment means the equipment, machinery, facilities and any other physical assets of any nature or kind whatsoever located in or upon the Grace Platform by or for the benefit of Lessee.
Examples of LNG Equipment in a sentence
And Improvements 161,860 - (75,459) (86,401) - - 7 320 Other Equipment 7,640 - (7,006) (634) - - 8 321 LNG Equipment 84,156 - (84,156) - - - 9 Total Mfg Gas Prod.
Lessee desires to lease the Grace Platform for use in its LNG Business, including serving as a location for use and operation of its LNG Equipment and as a location for connection to its LNG Mooring System and its Gas Pipelines.
The construction of the LNG Mooring System, fabrication of the LNG Equipment, and construction of the Gas Pipelines by Lessee or its affiliates and the operation of the LNG Business will require Permits to be obtained at Lessee's cost by Platform Owner and/or Lessee.