Common use of MAJOR COMPONENTS Clause in Contracts

MAJOR COMPONENTS. In cases where the applicable Seller is not the manufacturer or the supplier of Major Components, BH acknowledges and agrees that VGLNG or the applicable Purchaser shall have the right to consent to and approve the supplier of each major component of equipment comprising the (a) Liquefaction Train Systems [***], (b) Power Island Systems [***], (c) pressure transmitters, flow transmitters, automated control or isolation valves greater than [***] and associated actuators for both the Liquefaction Train Systems and Power Island Systems (in the case of (a), (b), an (c), each, a “Major Component”). To assist VGLNG or the applicable Purchaser in the selection of Major Components, for each potential vendor or supplier of a Major Component the applicable Seller will provide VGLNG or the applicable Purchaser with access to: (1) the identity of the potential vendor or supplier; (2) the delivery and schedule terms for the Major Component; (3) in the case of the [***], the price negotiated by the applicable Seller for such Major Components; and (4) all technical and performance information for each Major Component requested by VGLNG or the applicable Purchaser. To the extent a Major Component supplier is changed based on a VGLNG or Purchaser directive and, as a result of such change in Major Component supplier, the applicable Seller incurs a documented incremental increase in the price of the Major Component or delay in the delivery of the Major Component that adversely affects the delivery schedule for the Liquefaction Trains or the Power Island Systems, the applicable Seller shall receive an equitable adjustment in the purchase price and delivery schedule for the applicable Liquefaction Train or Power Island System.