Train 3 definition

Train 3 means the third liquefaction unit to be constructed as part of the Project.

Train 3 means the third Train that is commercially operable after Train 2, as notified by Sabine Pass Liquefaction to the relevant customer of Sabine Pass Liquefaction, or expected by Sabine Pass Liquefaction to be commercially operable after Train 2, with a nominal production capacity of at least 216.5 MMBtu per annum of LNG.

Train 3 has the meaning assigned to such term in the T3 EPC Contract.

Examples of Train 3 in a sentence

• Our Freeport LNG Train 3 project is not anticipated to be in a loss position.

• However, we understand that the development of such facilities is very much more likely to be possible from a permitting perspective if it is included as part of the OPFC and Train 3 projects.

• The coarse ore flotation circuit continues to demonstrate sustainable recovery improvement results for Concentrator 1 Train 3 circuit.Cadia’s AISC of $147 per ounce for the March quarter was 21% higher than the December quarter.

• Options for the use of Sakhalin-1 gas, including precise gas treatment requirements, locations and ownership, are still being explored.As part of the development of an ESHIA for the Train 3 project, Sakhalin Energy produced a draft scoping assessment report in Q1 2016.

• In the event that both the Train 3 Condition and the Train 4 Condition have not been satisfied prior to the Measurement Date, the adjustments set forth in Section 5.12(b)(ix)(B) shall apply solely to the Weighted Average Interest Rate of Debt for Train 1 and Train 2, and the Class B Conversion Value of each Class B Unit shall, if applicable, be increased on the Measurement Date accordingly.

More Definitions of Train 3

Train 3 has the meaning given such term in the Partnership Agreement.

Train 3 means the work to be designed, procured, constructed, pre-commissioned, commissioned, started up and tested as further described in the Train 3 EPC Agreement.

Train 3 means (regardless of any assigned numeral for a Train in Schedule A-2 ) the third phase of the Work (which includes the required OSBL) that is designed, procured, constructed, pre-commissioned, commissioned, started up, and tested for the Stage 3 Facility, as further defined in this Agreement, including Attachment A.

Train 3 means the third Train that is commercially operable after Train 2, as notified by Xxxxxx Xxxx Liquefaction to the relevant customer of Xxxxxx Xxxx Liquefaction, or expected by Xxxxxx Xxxx Liquefaction to be commercially operable after Train 2, with a nominal production capacity of at least 216.5 MMBtu per annum of LNG.

Train 3 means (regardless of any assigned numeral for a Train in Schedule A-2) the third phase of the Work (which includes the required OSBL) that is designed, procured, constructed, pre-commissioned, commissioned, started up, and tested for the Stage 3 Facility, as further defined in this Agreement, including Attachment A.

Train 3 has the same meaning as Train 3 Liquefaction Facility.

Train 3 means the third liquefaction train of the Project. “Train 4” means the fourth liquefaction train of the Project. “Train 5” means the fifth liquefaction train of the Project. “Train 5 Commitment Increase” has the meaning provided in Section 2.05(a) (Incremental Commitments). “Train 6” means the proposed sixth liquefaction train of the Project. “Train 6 Commitment Increase” has the meaning provided in Section 2.05(a) (Incremental Commitments). “Train 6 Debt” means senior secured or unsecured Indebtedness that is recourse solely to the Borrower to finance the development of the sixth liquefaction train of the Project, entered into in accordance with the Financing Documents. “Train 6 Debt Effective Date” means the date on which “closing” under the Senior Debt Instrument entered into by the Borrower with respect to Train 6 Debt has been achieved. “Train 6 DFCD Deadline” means the date that is sixty (60) days prior to the date upon which an offtaker under any of the Train 6 LNG Sale and Purchase Agreements would have the right to terminate the Train 6 LNG Sale and Purchase Agreement to which it is a party for any failure to achieve the Date of First Commercial Delivery (as defined in such Train 6 LNG Sale and Purchase Agreement) by such date, as extended by any waivers, modifications or amendments to such Train 6 LNG Sale and Purchase Agreement in accordance with Section 7.9 (Project Documents, Etc.) of the Common Terms Agreement, but without giving effect to cure rights under any Consent between the Common Security Trustee and such offtaker. “Train 6 LNG Sale and Purchase Agreement” means any LNG sale and purchase agreement executed by the Borrower with an investment grade buyer for delivery of LNG on an FOB basis from and after the date of first commercial delivery with respect to the sixth train of the Project, entered into in accordance with the terms of the Financing