Common use of Drip Liquids Clause in Contracts

Drip Liquids. Producers acknowledge that certain reductions in volumes of Producers’ Gas and MV Mitigation Gas will occur due to shrinkage from Drip Liquids in each Xxxxxxx Gathering System, and such reductions attributable to Drip Liquids shall be shared and allocated among Producers and other third parties whose Gas is gathered on that Xxxxxxx Gathering System in the proportion to the C5+ constituents contained in the Gas delivered by each such shipper to the Xxxxxxx Gathering System. Such allocations shall be based on the most recent quality analysis available to Gatherer for such Gas. Gatherer shall provide Notice to Producers from time to time of the quantities of Drip Liquids collected on the Xxxxxxx Gathering Systems and attributable to Producers’ Gas and MV Mitigation Gas. Gatherer (or Gatherer’s agent) will cause such Drip Liquids to be collected and removed from Gatherer’s tanks and sold from time to time. Within a reasonable period of time after any such sale, Gatherer (or Gatherer’s agent) shall remit or credit to Producers their allocated share of the net proceeds received from such sale of Drip Liquids less the actual, reasonable costs and expenses incurred to collect, transport, and sell such Drip Liquids. Drip Liquids shall be measured by the Drip Liquids purchaser.

Appears in 4 contracts

Samples: Barnett Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.), Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.), Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.)

AutoNDA by SimpleDocs

Drip Liquids. Producers acknowledge that certain reductions in volumes of Producers’ Gas and MV Mitigation Gas will occur due to shrinkage from Drip Liquids in each Xxxxxxx Midcon Gathering System, and such reductions attributable to Drip Liquids shall be shared and allocated among Producers and other third parties whose Gas is gathered on that Xxxxxxx Midcon Gathering System in the proportion to the C5+ constituents contained in the Gas delivered by each such shipper to the Xxxxxxx Midcon Gathering System. Such allocations shall be based on the most recent quality analysis available to Gatherer for such Gas. Gatherer shall provide Notice to Producers from time to time of the quantities of Drip Liquids collected on the Xxxxxxx each Midcon Gathering Systems System and attributable to Producers’ Gas and MV Mitigation Gas. Gatherer (or Gatherer’s agent) will cause such Drip Liquids to be collected and removed from Gatherer’s tanks and sold from time to time. Within a reasonable period of time after any such sale, Gatherer (or Gatherer’s agent) shall remit or credit to Producers their allocated share of the net proceeds received from such sale of Drip Liquids less the actual, reasonable costs and expenses incurred to collect, transport, and sell such Drip Liquids. Drip Liquids shall be measured by the Drip Liquids purchaser.

Appears in 2 contracts

Samples: Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.), Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.)

Drip Liquids. Producers acknowledge that certain reductions in volumes of Producers’ Gas and MV Mitigation Gas will occur due to shrinkage from Drip Liquids in each Xxxxxxx PRP Gathering System, and such reductions attributable to Drip Liquids shall be shared and allocated among Producers and other third parties whose Gas is gathered on that Xxxxxxx PRP Gathering System in the proportion to the C5+ constituents contained in the Gas delivered by each such shipper to the Xxxxxxx PRP Gathering System. Such allocations shall be based on the most recent quality analysis available to Gatherer for such Gas. Gatherer shall provide Notice to Producers from time to time of the quantities of Drip Liquids collected on the Xxxxxxx each PRP Gathering Systems System and attributable to Producers’ Gas and MV Mitigation Gas. Gatherer (or Gatherer’s agent) will cause such Drip Liquids to be collected and removed from Gatherer’s tanks and sold from time to time. Within a reasonable period of time after any such sale, Gatherer (or Gatherer’s agent) shall remit or credit to Producers their allocated share of the net proceeds received from such sale of Drip Liquids less the actual, reasonable costs and expenses incurred to collect, transport, and sell such Drip Liquids. Drip Liquids shall be measured by the Drip Liquids purchaser.

Appears in 2 contracts

Samples: Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.), Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.)

AutoNDA by SimpleDocs

Drip Liquids. Producers acknowledge that certain reductions in volumes of Producers’ Gas and MV Mitigation Gas will occur due to shrinkage from Drip Liquids in each Xxxxxxx the Springridge Gathering System, and such reductions attributable to Drip Liquids shall be shared and allocated among Producers and other third parties whose Gas is gathered on that Xxxxxxx the Springridge Gathering System in the proportion to the C5+ constituents contained in the Gas delivered by each such shipper to the Xxxxxxx Springridge Gathering System. Such allocations shall be based on the most recent quality analysis available to Gatherer for such Gas. Gatherer shall provide Notice to Producers from time to time of the quantities of Drip Liquids collected on the Xxxxxxx Springridge Gathering Systems System and attributable to Producers’ Gas and MV Mitigation Gas. Gatherer (or Gatherer’s agent) will cause such Drip Liquids to be collected and removed from Gatherer’s tanks and sold from time to time. Within a reasonable period of time after any such sale, Gatherer (or Gatherer’s agent) shall remit or credit to Producers their allocated share of the net proceeds received from such sale of Drip Liquids less the actual, reasonable costs and expenses incurred to collect, transport, and sell such Drip Liquids. Drip Liquids shall be measured by the Drip Liquids purchaser.

Appears in 1 contract

Samples: Gas Gathering Agreement (Chesapeake Midstream Partners Lp)

Time is Money Join Law Insider Premium to draft better contracts faster.