Common use of CO2 Credits Clause in Contracts

CO2 Credits. (a) Gatherer shall convey to Shipper at no cost to Gatherer, any present or future right, title, credit, offset, unit, claim, allowance, acknowledgement, allocated pollution right, benefit, value, or interest in or related, in whole or in part, to the processing, transporting and Treatment of Shipper’s Gas or other rights that may reduce the cost to Shipper of any CO2 Tax (“CO2 Credits”) generated, earned or otherwise acquired by the Magnolia Gathering System facilities.

Appears in 2 contracts

Samples: Gathering and Treating Agreement (Vine Resources Inc.), Gathering and Treating Agreement (Vine Resources Inc.)

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CO2 Credits. (a) Gatherer shall convey to Shipper at no cost to Gatherer, any present or future right, title, credit, offset, unit, claim, allowance, acknowledgement, allocated pollution right, benefit, value, or interest in or related, in whole or in part, to the processing, transporting and Treatment of Shipper’s Gas or other rights that may reduce the cost to Shipper of any CO2 Tax (“CO2 Credits”) generated, earned or otherwise acquired by the Magnolia Olympia Gathering System facilities.

Appears in 2 contracts

Samples: Gas Gathering and Treating Agreement (Vine Resources Inc.), Gas Gathering and Treating Agreement (Vine Resources Inc.)

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