Common use of The Contract Period Clause in Contracts

The Contract Period. This Agreement shall come into force on the Effective Date and subject to Article 2.1.3 shall continue until the earlier of: (a) the fifteenth (15th) anniversary of the Commencement Date ; and (b) the date of delivery by the Sellers under this Agreement of an aggregate quantity of Gas equal to the Total Contract Quantity; unless terminated earlier by either Party in accordance with the terms of this Agreement or extended in accordance with the provisions of Articles 2.1.2 and 9.5.6 (“Contract Period”).

Appears in 2 contracts

Sources: Gas Sale and Purchase Agreement, Gas Sale and Purchase Agreement (Noble Energy Inc)

The Contract Period. This Agreement shall come into force on the Effective Date and subject to Article 2.1.3 ‎2.1.3 shall continue until the earlier of: (a) the fifteenth (15th) anniversary of the Commencement Date ; and (b) the date of delivery by the Sellers under this Agreement of an aggregate quantity of Gas equal to the Total Contract Quantity; unless terminated earlier by either Party in accordance with the terms of this Agreement or extended in accordance with the provisions of Articles 2.1.2 ‎2.1.2 and 9.5.6 ‎9.5.6 ("Contract Period").

Appears in 1 contract

Sources: Gas Sale and Purchase Agreement (Noble Energy Inc)