Home >  Term: take-or-pay
take-or-pay

The clause in a gas supply contract which provides for a specific period a specific minimum quantity of gas must be paid for whether or not delivery is accepted by the purchaser. Some contracts contain a time period in which the buyer may take later delivery of the gas without penalty.

0 0
  • ส่วนหนึ่งของคำพูด: noun
  • อุตสาหกรรม/ขอบเขต: Energy
  • Category: Natural gas
  • Company: AGA

ผู้สร้าง

  • JJD
  •  (Gold) 2369 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.