Common use of Initial Build Conditions and Milestone Completion Dates Clause in Contracts

Initial Build Conditions and Milestone Completion Dates. The Olympia Gathering System, as constructed pursuant to this Section 5, shall comply with the “Initial Build Conditions” set forth on the attached Exhibits B and C. In addition, Gatherer shall utilize commercially reasonable efforts to complete construction of the specific construction milestones for the Olympia Gathering System detailed in the attached Exhibit D (the “Milestone Completion Dates”), which may be revised upon mutual agreement of the Preferential Capacity Shippers and Gatherer. if Gatherer anticipates, in its reasonable judgment and opinion, that it will not meet a Milestone Completion Date, then Gatherer shall provide Shipper as much advance notice as reasonably possible.

Appears in 2 contracts

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

AutoNDA by SimpleDocs

Initial Build Conditions and Milestone Completion Dates. The Olympia Magnolia Gathering System, as constructed pursuant to this Section 5, shall comply with the “Initial Build Conditions” set forth on the attached Exhibits B and C. In addition, Gatherer shall utilize commercially reasonable efforts to complete construction of the specific construction milestones for the Olympia Magnolia Gathering System detailed in the attached Exhibit D (the “Milestone Completion Dates”), which may be revised upon mutual agreement of the Preferential Capacity Shippers and Gatherer. if If Gatherer anticipates, in its reasonable judgment and opinion, that it will not meet a Milestone Completion Date, then Gatherer shall provide Shipper as much advance notice as reasonably possible.

Appears in 2 contracts

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

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