Common use of Plugging and Abandonment Clause in Contracts

Plugging and Abandonment. EQT shall reimburse the Partnership for any and all plugging and abandonment expenditures and other expenditures, including but not limited to condemnation proceedings and well reworks, that are reasonably necessary, in the good faith judgment of the Partnership, to protect its storage assets owned on the Closing Date, relating to the xxxxx identified as EQT xxxxx on Schedule B hereto and up to $1.2 million per fiscal year for such expenditures relating to the xxxxx identified as third party xxxxx on Schedule C hereto.