Fuel supply agreement — 2022
Produced in partnership with Matthew Collinson of Igloo Energy
Last updated on 11/08/2022

The following Energy precedent produced in partnership with Matthew Collinson of Igloo Energy provides comprehensive and up to date legal information covering:

  • Fuel supply agreement

Fuel supply agreement

Date of Agreement ________________________________20[XX]

Parties

  1. 1

    [INSERT], a company incorporated in [INSERT] (registered number [INSERT]) whose registered office is at [INSERT] (Purchaser); and

  1. 2

    [INSERT], a company incorporated in [INSERT] (registered number [INSERT]) whose registered office is at [INSERT] (Supplier).

Background

    1. (A)

      The Purchaser is engaged in the generation of energy at the Site.

    1. (B)

      The Supplier is engaged in the supply of Fuel for use in the generation of energy;

    1. (C)

      The Purchaser wishes to purchase Fuel from the Supplier, and the Supplier wishes to supply Fuel to the Purchaser, subject to and in accordance with the terms of this Agreement

    1. 1

      Definitions and interpretation

      1. 1.1

        In this Agreement (including the recitals) the following words and phrases shall have the meaning given to them in this Clause 1:

        Agreement

        1. means this Agreement including any Schedules to it;

        Annual Maximum Quantity

        1. means the maximum amount of Fuel to be delivered by the Supplier to the Site in each Contract Year, being [AMOUNT];

        Annual Minimum Quantity

        1. means the minimum amount of Fuel to be delivered by the Supplier to the Site in each Contract Year, being [AMOUNT];

        Business Day

        1. means any day other than a Saturday, Sunday or a public holiday in England on which the banks in London, UK are open for business;

        Charges

        1. means the amount payable in consideration of the sale of Fuel by the Supplier to the Purchaser as set out

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