The take-or-pay contracts have terms that extend to the final bond maturity.

In June the court had ordered the commission to devise rules for the take-or-pay contracts.

The take-or-pay contracts are with several of California's major municipal e

A take-or-pay contract is a rule structuring negotiations between companies and their suppliers.

Its shippers are financially strong customers with uniform take-or-pay contracts.

We also note that Woodside sells more than 90% of its gas production through long-term take-or-pay contracts.

Most companies renegotiated, and the restructurings covered more of their take-or-pay contracts, experts say.

Their regular, take-or-pay contract payments protect investors from the significant annual fluctuations in the Department's water deliveries.

There should be no take-or-pay contracts, Honasan said.

It could begin to offer spot-indexed pricing, as opposed to inefficient long-term take-or-pay contracts.

Many years ago in Britain, a great company almost collapsed when a new, liberalised market undermined the value of gas bought under old take-or-pay contracts.

Gazprom’s customers have minimum annual purchase obligations under long-term take-or-pay contracts with Gazprom, but no need to buy more than that.

It was structured as a take-or-pay contract with pre-determined prices and volumes for the entire contract period.

The take-or-pay contracts have a 25% step-up provision.

I re-read the Gas Market paper segment on the take-or-pay contracts and corrected my "oversight".

Also factored into the rating are the agency's strong take-or-pay contracts and the role of the state Local Government Commission.

Sundance said it expects that negotiations for the take-or-pay contracts project equity agreements will be completed in the 2013 calendar year.

We have take-or-pay contracts that locks in the price and there are obviously penalties if the customers don't take that,' Morelli said.

Unlike oil, gas and LNG are 25-year, long-term take-or-pay contracts driven by a formula.

Take-or-pay contract

The company contended that El Paso Natural had breached its take-or-pay contract for the delivery of gas.

In addition, it has successfully engaged customers in take-or-pay contracts that specify price and volume for three to five years, providing some near-term visibility.

North Texas Municipal Water District services the city under separate take-or-pay contracts for water and sewer treatment service.

But long-term, take-or-pay contracts, when consumers have either to take agreed volumes of gas or pay fines, can backfire badly when oil prices slump.

That threatens the formula in Gazprom’s long-term take-or-pay contracts with European customers that links its gas price to (once again robust) oil prices.