Common use of Responsibility for Administration Clause in Contracts

Responsibility for Administration. Subject to --------------------------------- Buyer's obligation to pay Seller in accordance with Section 3.3 above, upon the transfer of the Firm Transportation Contracts and the Firm Storage Contracts, Seller shall assume all obligations and rights under such contracts, including without limitation, the obligation to submit nominations to Tennessee, to pay any applicable demand or commodity charges, scheduling or imbalance charges, or providing fuel and loss quantities.

Appears in 2 contracts

Sources: Gas Sales Agreement, Gas Sales Agreement (Delta Natural Gas Co Inc)