STS Transaction definition
STS Transaction means that certain transaction to be consummated pursuant to the terms of the STS Agreement.
STS Transaction means a Transaction entered into by the Parties whereby one Party accepts delivery of quantities of Gas from the other Party from time to time, and thereafter, from time to time delivers Gas to or on behalf of the first Party, all on the terms and conditions set out in the AECO Hub Tariff and as agreed to by the Parties as specified on the Appendix STS confirming such Transaction.
Examples of STS Transaction in a sentence
Simultaneous with and as a condition to the closing hereof, the STS Transaction shall be closed pursuant to the terms of the STS Agreement.