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Biomethane Purchase Agreement
"Need a Biomethane Purchase Agreement for a 5-year supply arrangement starting March 2025, where we'll be purchasing 500,000 MMBtu annually from a waste-to-energy facility in Singapore, with specific focus on environmental attributes and renewable energy certificates."
1. Parties: Identification and details of the buyer and seller of biomethane
2. Background: Context of the agreement, including facility details and purpose
3. Definitions: Key terms used tHRoughout the agreement including technical specifications
4. Supply Obligations: Core obligations regarding biomethane supply, including quantity and delivery terms
5. Quality Specifications: Required biomethane quality standards and testing procedures
6. Delivery Points: Specification of delivery location and transfer of title
7. Price and Payment: Pricing mechanism, payment terms, and invoicing procedures
8. Term and Termination: Duration of agreement and termination provisions
9. Force Majeure: Events excusing performance and related procedures
1. Environmental Attributes: Treatment of renewable energy certificates and carbon credits when parties want to explicitly address environmental benefits
2. Take-or-Pay: Minimum purchase obligations for long-term supply agreements with significant investment
3. Development Milestones: Project development timeline and requirements when facility is not yet operational
4. Transportation: Detailed transport arrangements when separate from delivery point provisions
1. Technical Specifications: Detailed quality parameters and testing methods
2. Pricing Formula: Detailed calculation methodology for price adjustments
3. Delivery Point Specifications: Technical details of delivery infrastructure
4. Testing Procedures: Detailed procedures for quality verification
5. Performance Security: Form of security or guarantee if required
6. Environmental Certificates: Details of environmental attributes and certification
Authors
Applicable Law
Biomethane
Biomethane Facility
Biomethane Specifications
Business Day
Buyer
Carbon Credits
Commercial Operations Date
Contract Price
Contract Quantity
Default
Delivery Point
Effective Date
Environmental Attributes
Force Majeure Event
Gas Day
Gas Network
Gas Network Operator
Governmental Authority
Injection Point
Maintenance Schedule
Maximum Daily Quantity
Metering Equipment
Minimum Daily Quantity
Month
Monthly Invoice
Off-Specification Biomethane
Operating Parameters
Party/Parties
Performance Security
Producer
Quality Standards
Renewable Energy Certificates
Seller
Singapore Standards
Specification Test
Take-or-Pay Quantity
Term
Testing Procedures
Transportation System
Year
Quality Requirements
Delivery
Title and Risk
Price and Payment
Measurement and Testing
Environmental Attributes
Representations and Warranties
Force Majeure
Default and Termination
Take-or-Pay
Minimum Supply Obligations
Metering
Maintenance
Transportation
Health and Safety
Environmental Compliance
Confidentiality
Assignment
Change in Law
Dispute Resolution
Insurance
Performance Security
Invoicing
Taxes
Liability and Indemnification
Notices
Governing Law
Scheduling and Nominations
Records and Audits
Regulatory Compliance
Technical Specifications
Testing Procedures
Quality Control
Emergency Procedures
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