Precedent Agreement definition

Precedent Agreement means a binding agreement between Company and a Prospective Shipper for the provision of the transportation service requested, subject to fulfillment of conditions precedent as agreed to between Prospective Shipper and Company.

Precedent Agreement means any agreement between the Company and a prospective shipper of natural gas through the Facilities that involves the commitment by such shipper to pay demand charges in return for a firm transportation obligation on the part of the Company, in each case subject to the satisfaction of one or more conditions precedent.

Precedent Agreement means the Precedent Agreement for Firm Natural Gas Transportation Service for the Rio Bravo Pipeline, dated as of March 2, 2020, as amended on April 8, 2022, March 23, 2023, and July 12, 2023, between Rio Bravo Pipeline Company, LLC and Rio Grande LNG Gas Supply LLC.

Examples of Precedent Agreement in a sentence

• Enbridge has entered into a Precedent Agreement with the developers of the NEXUS pipeline to enter into a contract (the “NEXUS contract”) to receive firm transportation service for a term of 15 years commencing on November 1, 2017.

• Tampa Electric, which is transforming one unit at a coal-fired station in Hillsborough County, Florida, into a combined-cycle gas generating unit, has a 25- year Precedent Agreement for the full capacity.

• The bid shall not become binding until incorporated into mutually agreed upon definitive agreements including, as applicable, a Precedent Agreement and an NSS Agreement.

• The bid shall not become binding until incorporated into mutually agreed upon definitive agreements including, as applicable, a Precedent Agreement and an FTS Agreement.

• If that approval is not received, then Enbridge has the right to terminate the Precedent Agreement without penalty.

More Definitions of Precedent Agreement

Precedent Agreement means this agreement, including Exhibits A through C, which are incorporated herein.

Precedent Agreement means that certain Precedent Agreement dated September 19, 2014, as the same has been and may be amended, between Pipeline and Customer to contract for firm transportation service as part of the Project under a firm transportation service agreement.

Precedent Agreement means that certain precedent agreement, dated _2/5/2010_, entered by and between TIGER and Shipper, and pursuant to which TIGER and Shipper entered the FTS Agreement.

Precedent Agreement means an agreement entered

Precedent Agreement means a contractual commitment to acquire

Precedent Agreement means this precedent agreement between TransCanada and Shipper.

Precedent Agreement means the Transportation Precedent Agreement Firm Transportation Services, entered into on August 6, 2012, between Sabine Liquefaction and the Borrower, as amended by the First Amendment to Transportation Precedent Agreement Firm Transportation Services, dated as of November 5, 2012, and as may be further amended, amended and restated or otherwise modified from time to time in accordance herewith.