Construction of Gas Gathering Lines. The Managing Partner may cause the Production Partnership to construct gas gathering lines if, in the opinion of the Managing Partner, it would be economically feasible and otherwise consistent with prudent operating practice to do so. The costs of any such gathering lines will be deemed to be Operating Costs and shall be charged to the accounts of the Partners as such. The Managing Partner may, in its discretion, construct, or cause an Affiliate of the Managing Partner or other person to construct, gathering lines from Production Partnership Wells to gas transmission systems. Xxenever the Managing Partner constructs, or causes an Affiliate of the Managing Partner to construct, a gathering line from a Production Partnership Well to a gas transmission system, the Production Partnership shall pay the Managing Partner or such Affiliate an amount that is not greater than the compensation that an unrelated party could have reasonably charged in an arm's-length transaction for similar services in the area as a transmission fee for the transmission of all gas through the gathering system so constructed, and no other transmission fee shall be paid to the Managing Partner or to any Affiliate.
Appears in 5 contracts
Samples: Partnership Agreement (Geodyne Energy Income LTD Partnership Ii-B), Partnership Agreement (Geodyne Energy Income LTD Partnership Ii-B), Partnership Agreement (Geodyne Energy Income LTD Partnership Ii-B)
Construction of Gas Gathering Lines. The Managing Partner Partners may cause the Production Partnership to construct gas gathering lines if, in the opinion of the Managing PartnerPartners, it would be economically feasible and otherwise consistent with prudent operating practice to do so. The costs of any such gathering lines will be deemed to be Operating Costs and shall be charged to the accounts of the Partners as such. The Managing Partner Partners may, in its their discretion, construct, or cause an Affiliate of the a Managing Partner or other person to construct, gathering lines from Production Partnership Wells to gas transmission systemssxxxxxs. Xxenever Whenever the Managing Partner constructsPartners construct, or causes cause an Affiliate of the a Managing Partner to construct, a gathering line from a Production Partnership Well to a gas transmission system, the Production Partnership shall pay the Managing Partner Partners or such Affiliate an amount that is not greater than the compensation that an unrelated party could have reasonably charged in an arm's-length transaction for similar services in the area as a transmission fee for the transmission of all gas through the gathering system so constructed, and no other transmission fee shall be paid to the Managing Partner Partners or to any Affiliate.
Appears in 2 contracts
Samples: Partnership Agreement (Geodyne Energy Income LTD Partnership I-F), Partnership Agreement (Geodyne Energy Income LTD Partnership I-F)
Construction of Gas Gathering Lines. The Managing Partner may cause the Production Partnership to construct gas gathering lines if, in the opinion of the Managing Partner, it would be economically feasible and otherwise consistent with prudent operating practice to do so. The costs of any such gathering lines will be deemed to be Operating Costs and shall be charged to the accounts of the Partners as such. The Managing Partner may, in its discretion, construct, or cause an Affiliate of the Managing Partner or other person to construct, gathering lines from Production Partnership Wells to gas transmission systems. Xxenever the Managing Partner constructs, or causes an Affiliate of the Managing Partner to construct, a gathering line from a Production Partnership Well to a gas transmission system, the Production Partnership shall pay the Managing Partner or such Affiliate an amount that is not greater than the compensation that an unrelated party could have reasonably charged in an arm's---length transaction for similar services in the area as a transmission fee for the transmission of all gas through the gathering system so constructed, and no other transmission fee shall be paid to the Managing Partner or to any Affiliate.
Appears in 2 contracts
Samples: Partnership Agreement (Geodyne Energy Income LTD Partnership Ii-B), Partnership Agreement (Geodyne Energy Income LTD Partnership Ii-B)
Construction of Gas Gathering Lines. The Managing Partner Partners may cause the Production Partnership to construct gas gathering lines if, in the opinion of the Managing PartnerPartners, it would be economically feasible and otherwise consistent with prudent operating practice to do so. The costs of any such gathering lines will be deemed to be Operating Costs and shall be charged to the accounts of the Partners as such. The Managing Partner Partners may, in its their discretion, construct, or cause an Affiliate of the a Managing Partner or other person to construct, gathering lines from Production Partnership Wells to gas transmission systemssyxxxxx. Xxenever Whenever the Managing Partner constructsPartners construct, or causes cause an Affiliate of the a Managing Partner to construct, a gathering line from a Production Partnership Well to a gas transmission system, the Production Partnership shall pay the Managing Partner Partners or such Affiliate an amount that is not greater than the compensation that an unrelated party could have reasonably charged in an arm's-length transaction for similar services in the area as a transmission fee for the transmission of all gas through the gathering system so constructed, and no other transmission fee shall be paid to the Managing Partner Partners or to any Affiliate.
Appears in 1 contract
Samples: Partnership Agreement (Geodyne Energy Income LTD Partnership I-F)
Construction of Gas Gathering Lines. The Managing Partner may cause the Production Partnership to construct gas gathering lines if, in the opinion of the Managing Partner, it would be economically feasible and otherwise consistent with prudent operating practice to do so. The costs of any such gathering lines will be deemed to be Operating Costs and shall be charged to the accounts of the Partners as such. The Managing Partner may, in its discretion, construct, or cause an Affiliate of the Managing Partner or other person to construct, gathering lines from Production Partnership Wells to gas transmission systems. Xxenever Xxxxever the Managing Partner constructs, or causes an Affiliate of the Managing Partner to construct, a gathering line from a Production Partnership Well to a gas transmission system, the Production Partnership shall pay the Managing Partner or such Affiliate an amount that is not greater than the compensation that an unrelated party could have reasonably charged in an arm's---length transaction for similar services in the area as a transmission fee for the transmission of all gas through the gathering system so constructed, and no other transmission fee shall be paid to the Managing Partner or to any Affiliate.
Appears in 1 contract
Samples: Partnership Agreement (Geodyne Energy Income LTD Partnership Ii-B)