Common use of Periodic Planning Meetings Clause in Contracts

Periodic Planning Meetings. The Parties and Shipper Partner shall meet no less often than monthly to: (i) discuss Shippers drilling plans, (ii) review the progress of construction, (iii) review Shipper’s good faith production forecasts, (iv) review the facility requirements, including potential Receipt Points, for the Olympia Gathering System and any required or desirable changes in the design scope; (v) any changes to the construction performance and operations performance as per the requirements and timelines agreed upon as part of this Agreement; and (vi) any other matters concerning the Parties’ performance under the Agreement. Gatherer will make available on a monthly basis, in addition to the daily readings Shipper can access on Gatherers operational data acquisition system, a report detailing operational data as decided upon by the Parties during the initial and on-going weekly planning meetings as provided in this Section 5.5. The purpose of these meetings is to provide meaningful communication and advance planning for facilities on the Olympia Gathering System. The Parties shall each designate a representative to participate in the Parties weekly planning meetings and serve as a single point of contact for all planning, operations and coordination aspects of this Agreement.

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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Periodic Planning Meetings. The Parties and Shipper Partner shall meet no less often than monthly to: (i) discuss Shippers drilling plans, (ii) review the progress of construction, (iii) review Shipper’s good faith production forecasts, (iv) review the facility requirements, including potential Receipt Points, for the Olympia Magnolia Gathering System and any required or desirable changes in the design scope; (v) any changes to the construction performance and operations performance as per the requirements and timelines agreed upon as part of this Agreement; and (vi) any other matters concerning the Parties’ performance under the Agreement. Gatherer will make available on a monthly basis, in addition to the daily readings Shipper can access on Gatherers operational data acquisition system, a report detailing operational data as decided upon by the Parties during the initial and on-going weekly planning meetings as provided in this Section 5.5. The purpose of these meetings is to provide meaningful communication and advance planning for facilities on the Olympia Magnolia Gathering Systemsystem. The Parties shall each designate a representative to participate in the Parties weekly planning meetings and serve as a single point of contact for all planning, operations and coordination aspects of this Agreement.

Appears in 2 contracts

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

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