TSA Term Sheet definition
Examples of TSA Term Sheet in a sentence
During the Development Phase, the Concessionaire shall negotiate a definitive LNG SPA or LNG TSA with each Preferred LNG Purchaser, which LNG SPAs shall be based upon the terms and conditions set forth in the LNG SPA Term Sheet attached as Schedule K-1 and which LNG TSAs shall be based on the terms and conditions set forth in the LNG TSA Term Sheet, attached as Schedule K-2.
The Company shall use commercially reasonable efforts to consummate the Transaction substantially in accordance with the TSA Term Sheet.
Agreement means an LNG Tolling Service Agreement entered into by and between the Concessionaire and an LNG Purchaser, which LNG TSA shall be based substantially upon the terms set forth in the LNG TSA Term Sheet; provided that LNG TSAs with Non-Preferred LNG Purchasers need not be based upon the terms set forth in the LNG TSA Term Sheet.
The threshold of EUR 2,500 (net amount) for the invoice does not apply to the invoice for the TSA Services rendered in the last month before the term of the respective TSA Term Sheet expires or the respective TSA Term Sheet is terminated.
The terms of the final version of each LNG SPA or LNG TSA with a Preferred LNG Purchaser shall conform in all material respects to the LNG SPA Term Sheet or the LNG TSA Term Sheet, as applicable, subject to any changes as may be agreed between the Concessionaire and each Preferred LNG Purchaser and consented to by the Authority.