Saudi Contract definition

Saudi Contract has the meaning set out on Appendix 13.
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Examples of Saudi Contract in a sentence

  • Buyer’s Parent and Buyer undertake various responsibilities in Appendix 13 and in other documents with regard to the Saudi Contract (as defined in Appendix 13) and the transactions related thereto.

  • Buyer and Buyer’s Parent also agree to cooperate and take all appropriate actions under or with respect to the Saudi Contract to enable and facilitate Buyer’s and Buyer’s Parent’s performance of their obligations with respect to the Saudi Contract, the Saudi Cargoes and the Original Agreement.

  • Seller may purchase futures contracts on the Saudi Cargoes in connection with the Oil pricing terms set forth in the Saudi Contract, in the same manner as for other Cargoes owned by Seller pursuant to Clause 9 and the other provisions of the Agreement, and the pricing for the subsequent resale of such Cargo by Seller to Buyer upon Delivery from Seller to Buyer shall be based on such futures contract pricing.

  • Buyer shall be fully liable for all obligations, and Seller shall have no obligation to Buyer except as specifically set forth herein, with respect to (i) any payment owing from Buyer to Saudi Arabian (ii) any breach by Buyer of the Saudi Contract, (iii) any termination of the Saudi Contract other than a termination resulting from Seller’s failure to perform its obligations under the Saudi Contract as “Buyer’s Assignee,” or (iv) any failure or refusal of Saudi Arabian to provide Oil to Buyer or Seller.

  • Notwithstanding anything to the contrary in Clause 14(a) of this Agreement, Seller shall provide [REDACTED] and [REDACTED] per Barrel with respect to all volumes of Oil purchased by Buyer from Saudi Arabian under the Saudi Contract (each such volume, a “Saudi Cargo”).

  • Upon receipt of each invoice from Saudi Arabian under the Saudi Contract, Buyer shall immediately deliver an exact copy of such invoice to Seller.

  • The Principle of Force Majeure in Shariah: A Special Reference to Saudi Contract – Turkish Online Journal of Art and Communication – Volume 8 (2018), page 4.

  • Buyer shall sell and transfer title to each Saudi Cargo to Seller on the earlier of (i) the 23rd day after the Xxxx of Lading date or (ii) arrival of such Saudi Cargo DES Paulsboro (the “Saudi Title Transfer Date”) at the same price Buyer purchases such Saudi Cargo from Saudi Arabian under the Saudi Contract; provided that Seller and Buyer may mutually agree on a separate delivery point.

  • If the Parties are able to enter an agreement with Saudi Arabian as to the terms of the Saudi Contract that is acceptable to each Party in their sole discretion, then it is anticipated that the Saudi Contract will be for approximately [REDACTED] of Arab [REDACTED] Crude (Type C).

  • Both companies are competing for safety and security location products in countries all over the world and the Saudi Contract is considered by both parties to be a flagship contract that is having, and will continue to have, a domino effect on security contracts around the world.Andrew’s ability to secure an opportunity to sell cell phone location equipment for security purposes in Qatar is a good example.

Related to Saudi Contract

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Procurement Contract or “Contract” means any written agreement of the Authority for the acquisition of goods or services of any kind in the actual or estimated amount of $25,000, or more.

  • Smart contract means a computer program stored in an electronic ledger system wherein the outcome of the execution of the program is recorded on the electronic ledger;

  • Customer Contract means any written contract or agreement (other than trade contracts) between Seller and any of its customers (or under which Seller has rights) which has been entered into and signed by the parties thereto in connection with the publication of the Directories and corresponding provision of Directory Services.

  • Project Contract means a Project Contract as such term is defined in the RfP; “Proposal” means a Proposal as such term is defined in the RfP;

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • O&M Contract means the operation and maintenance contract that may be entered into between the Concessionaire and the O&M Contractor for performance of all or any of the O&M obligations;

  • Open Contract means a Contract which has not been closed out and which has not yet matured;

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • Master Contract means the CATS Master Contract between the Maryland Department of Budget and Management andTO Contractor dated December 19, 2005.

  • Charter contract or "contract" means a fixed-term, renewable contract

  • works contract means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract;

  • Sub-contracting means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor in the execution of part of a project in terms of the contract.

  • Seller Contract any Contract (a) under which Seller has or may acquire any rights or benefits; (b) under which Seller has or may become subject to any obligation or liability; or (c) by which Seller or any of the assets owned or used by Seller is or may become bound.

  • Prime Contract means the contract between LOCKHEED MARTIN and the U.S. Government or between LOCKHEED MARTIN and its higher-tier contractor who has a contract with the U.S. Government.

  • Management Contract means the contract executed between the treasurer and a program manager.

  • Prepaid contract means any Contract that has terminated or been prepaid in full prior to its scheduled expiration date (including because of a Casualty Loss), other than a Defaulted Contract.

  • Option Contract means a standardised contract the effect of which is that a person acquires the option—

  • Provider contract means any contract between a provider and a carrier (or a carrier's network,

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • Spot Contract means a foreign exchange contract under which we agree to exchange money at an agreed rate within 48 hours of the contract being entered into.