Home > Term: take-and-pay
take-and-pay
A clause that requires a minimum quantity to be physically taken and paid for, usually gas in association with oil, or wells that will be damaged by failure to produce.
- Μέρος του λόγου: noun
- Κλάδος/Τομέας: Ενέργεια
- Category: Φυσικό αέριο
- Company: AGA
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