Expansions. The Company and any of its Restricted Subsidiaries, subject to satisfaction of the conditions set forth in Section 4.11(b) below, will have the right to modify existing facilities, and to construct the following additional facilities, including acquiring land for the location of such additional facilities: (1) one or more Trains (in addition to Train One, Train Two and Train Three) and related storage, transportation, loading, unloading and other facilities and equipment; (2) other facilities for producing, storing, loading or unloading LNG or other products required for or associated with the production of LNG, including modifications of the then-existing facilities to provide regasification or bi-directional production service; (3) expansion of existing pipelines or construction of new pipelines, and related infrastructure; (4) other modifications of then-existing Project Facilities; and (5) the construction of Project Facilities or other infrastructure pursuant to a Sharing Arrangement permitted under Section 4.28; (such expansions and/or modifications (and which in each case are not Permitted Development Expenditures) are referred to as “Expansions” and each an “Expansion”); provided that, notwithstanding the conditions set forth in Section 4.11(b) below, the Company and any of its Restricted Subsidiaries may at any time (a) conduct front-end engineering, development and design work using Equity Funding; (b) prepare and submit applications for Permits related to any such Expansion; (c) undertake early works and/or pre-construction activities; and (d) enter into a construction contract or construction contracts with respect to the development of Trains, and related loading, transportation and storage facilities, that contain obligations and liabilities not exceeding $50,000,000.
Appears in 3 contracts
Sources: Indenture (Cheniere Corpus Christi Holdings, LLC), Indenture (Cheniere Corpus Christi Holdings, LLC), Indenture (Cheniere Corpus Christi Holdings, LLC)
Expansions. (a) The Company and any of its Restricted SubsidiariesLoan Parties, subject to satisfaction of the conditions set forth in Section 4.11(bclause (b) below, will have the right to modify existing facilities, and to construct the following additional facilities, including acquiring land for the location of such additional facilities:
(1i) one or more Trains (in addition to Train One, Train Two and Train Three) and related storage, transportation, loading, unloading and other facilities and equipment;
(2ii) other facilities for producing, storing, loading or unloading LNG or other products required for or associated with the production of LNG, including modifications of the then-existing facilities to provide regasification or bi-directional production service;
(3iii) expansion of existing pipelines or construction of new pipelines, and related infrastructure;
(4iv) other modifications of then-existing Project Facilities; and
(5v) the construction of Project Facilities or other infrastructure pursuant to a Sharing Arrangement permitted under Section 4.2813 (Sharing of Project Facilities) of this Schedule I; (such expansions and/or modifications (and which in each case are not Permitted Development Expenditures) are referred to as “Expansions” and each an “Expansion”); provided that, notwithstanding the conditions set forth in Section 4.11(b18(b) below, the Company and any of its Restricted Subsidiaries Loan Parties may at any time (a1) conduct front-end engineering, development and design work using Equity Funding; (b2) prepare and submit applications for Permits related to any such Expansion; (c3) undertake early works and/or pre-construction activities; and (d4) enter into a construction contract or construction contracts with respect to the development of Trains, and related loading, transportation and storage facilities, that contain obligations and liabilities not exceeding $50,000,000.
Appears in 1 contract
Sources: Working Capital Facility Agreement (Cheniere Corpus Christi Holdings, LLC)
Expansions. (a) The Company and any of its Restricted SubsidiariesLoan Parties, subject to satisfaction of the conditions set forth in Section 4.11(bclause (b) below, will have the right to modify existing facilities, and to construct the following additional facilities, including acquiring land for the location of such additional facilities:
(1i) one or more Trains (in addition to Train Oneincluding, Train Two and for the avoidance of doubt, Train Three) and related storage, transportation, loading, unloading and other facilities and equipment;
(2ii) other facilities for producing, storing, loading or unloading LNG or other products required for or associated with the production of LNG, including modifications of the then-existing facilities to provide regasification or bi-directional production service;
(3iii) expansion of existing pipelines or construction of new pipelines, and related infrastructure;
(4iv) other modifications of then-existing Project Facilities; and
(5v) the construction of Project Facilities or other infrastructure pursuant to a Sharing Arrangement permitted under Section 4.2813 (Sharing of Project Facilities) of this Schedule I; (such expansions and/or modifications (and which in each case are not Permitted Development Expenditures) are referred to as “Expansions” and each an “Expansion”); provided that, notwithstanding the conditions set forth in Section 4.11(b18(b) below, the Company and any of its Restricted Subsidiaries Loan Parties may at any time (a1) conduct front-end engineering, development and design work using Equity Funding; (b2) prepare and submit applications for Permits related to any such Expansion; (c3) undertake early works and/or pre-construction activities; and (d4) enter into a construction contract or construction contracts with respect to the development of Trains, and related loading, transportation and storage facilities, that contain obligations and liabilities not exceeding $50,000,000.
Appears in 1 contract
Sources: Working Capital Facility Agreement (Cheniere Energy Inc)
Expansions. The Company and any of its Restricted Subsidiaries, subject to satisfaction of the conditions set forth in Section 4.11(b) below, will have the right to modify existing facilities, and to construct the following additional facilities, including acquiring land for the location of such additional facilities:
(1) one or more Trains (in addition to Train Oneincluding, Train Two and for the avoidance of doubt, Train Three) and related storage, transportation, loading, unloading and other facilities and equipment;
(2) other facilities for producing, storing, loading or unloading LNG or other products required for or associated with the production of LNG, including modifications of the then-existing facilities to provide regasification or bi-directional production service;
(3) expansion of existing pipelines or construction of new pipelines, and related infrastructure;
(4) other modifications of then-existing Project Facilities; and
(5) the construction of Project Facilities or other infrastructure pursuant to a Sharing Arrangement permitted under Section 4.28; (such expansions and/or modifications (and which in each case are not Permitted Development Expenditures) are referred to as “Expansions” and each an “Expansion”); provided that, notwithstanding the conditions set forth in Section 4.11(b) below, the Company and any of its Restricted Subsidiaries may at any time (a) conduct front-end engineering, development and design work using Equity Funding; (b) prepare and submit applications for Permits related to any such Expansion; (c) undertake early works and/or pre-construction activities; and (d) enter into a construction contract or construction contracts with respect to the development of Trains, and related loading, transportation and storage facilities, that contain obligations and liabilities not exceeding $50,000,000.
Appears in 1 contract
Sources: Indenture (Cheniere Energy Inc)
Expansions. The Company Company, TCP and any of its their respective Restricted Subsidiaries, subject to satisfaction of the conditions set forth in Section 4.11(b) below, will have the right to modify existing facilities, and to construct the following additional facilities, including acquiring land for the location of such additional facilities:
(1) one or more Trains (any mixed refrigerant liquefaction blocks, modules, pretreatment facilities and supporting facilities in addition to Train One, Train Two and Train Three) the LNG Facilities and related storage, transportation, loading, unloading and other facilities and equipment;
(2) other facilities for producing, storing, loading or unloading LNG or other products required for or associated with the production of LNG, including modifications of the then-existing facilities to provide regasification or bi-directional production service;
(3) expansion of existing pipelines or construction of new pipelines, and related infrastructure;
(4) other modifications of then-existing Project Facilities; and
(5) the construction of Project Facilities or other infrastructure pursuant to a Sharing Arrangement permitted under Section 4.28; (such expansions and/or modifications modifications, which, in the aggregate, are in excess of $50,000,000 (and which in each case are not Permitted Development Debottlenecking Expenditures) are referred to as “Expansions” and each an “Expansion”); provided that, notwithstanding the conditions set forth in Section 4.11(b) below, the Company Company, TCP and any of its their respective Restricted Subsidiaries may at any time after LNG Production System Substantial Completion for LPS1 (a) conduct front-front- end engineering, development and design work using Equity Funding; (b) prepare and submit applications for Permits related to any such Expansion; (c) undertake early works and/or pre-pre- construction activities; and (d) enter into a construction contract or construction contracts with respect to the development of Trainsmixed refrigerant liquefaction blocks, modules, pretreatment facilities and supporting facilities in addition to the LNG Facilities, and related loading, transportation and storage facilities, that contain obligations and liabilities not exceeding $50,000,000300,000,000.
Appears in 1 contract
Sources: Indenture (Venture Global, Inc.)