Spot Market PP Hydrocarbons Sample Clauses

Spot Market PP Hydrocarbons. If the sales agreement between Royalty Owner and Working Interest Owner set out in Article IV hereof is ever suspended or terminated, Royalty Owner will have the right to take and market all or any portion of the Production Payment Hydrocarbons and also the right to require Working Interest Owner to process and/or market, as Royalty Owner’s agent, all or any portion of the Production Payment Hydrocarbons on the same terms and conditions as Working Interest Owner’s Retained Interest Hydrocarbons are processed and/or marketed. Any such Production Payment Hydrocarbons so marketed by Royalty Owner are called “Royalty Owner Spot Market PP Hydrocarbons” and any such Production Payment Hydrocarbons that Royalty Owner so requires Working Interest Owner to process or market as Royalty Owner’s agent are herein called “Working Interest Owner Spot Market PP Hydrocarbons”.
Sample 1
Spot Market PP Hydrocarbons. Royalty Owner will have the right to take and market all or any portion of the Production Payment Hydrocarbons and also the right to require Working Interest Owner to process and/or market, as Royalty Owner's agent, all or any portion of the Production Payment Hydrocarbons on the same terms and conditions as Working Interest Owner's Retained Interest Hydrocarbons are processed and/or marketed. Any such Production Payment Hydrocarbons so marketed by Royalty Owner are called "Royalty Owner Spot Market PP Hydrocarbons" and any such Production Payment Hydrocarbons that Royalty Owner so requires Working Interest Owner to process or market as Royalty Owner's agent are herein called "Working Interest Owner Spot Market PP Hydrocarbons".
Sample 1

Related to Spot Market PP Hydrocarbons

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  • Voice Grade Unbundled Copper Sub-Loop Unbundled Sub-Loop Distribution – Intrabuilding Network Cable (aka riser cable)

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  • Unbundled Copper Loop – Designed (UCL-D) 2.4.2.1 The UCL-D will be provisioned as a dry copper twisted pair (2- or 4-wire) Loop that is unencumbered by any intervening equipment (e.g., filters, load coils, range extenders, digital loop carrier, or repeaters). 2.4.2.2 A UCL-D will be 18,000 feet or less in length and is provisioned according to Resistance Design parameters, may have up to 6,000 feet of bridged tap and will have up to 1300 Ohms of resistance. 2.4.2.3 The UCL-D is a designed circuit, is provisioned with a test point, and comes standard with a DLR. OC is a chargeable option for a UCL-D; however, OC is always required on UCLs where a reuse of existing facilities has been requested by Telepak Networks. 2.4.2.4 These Loops are not intended to support any particular services and may be utilized by Telepak Networks to provide a wide-range of telecommunications services as long as those services do not adversely affect BellSouth’s network. This facility will include a Network Interface Device (NID) at the customer’s location for the purpose of connecting the Loop to the customer’s inside wire. 2.4.2.5 Upon the Effective Date of this Agreement, Unbundled Copper Loop – Long (UCL-L) elements will no longer be offered by BellSouth and no new orders for UCL-L will be accepted. Any existing UCL-Ls that were provisioned prior to the Effective Date of this Agreement will be grandfathered at the rates set forth in the Parties’ interconnection agreement that was in effect immediately prior to the Effective Date of this Agreement. Existing UCL-Ls that were provisioned prior to the Effective Date of this Agreement may remain connected, maintained and repaired according to BellSouth’s TR73600 and may remain connected until such time as they are disconnected by Telepak Networks or BellSouth provides ninety

  • Unbundled Copper Loops (UCL) 2.4.1 BellSouth shall make available Unbundled Copper Loops (UCLs). The UCL is a copper twisted pair Loop that is unencumbered by any intervening equipment (e.g., filters, load coils, range extenders, digital loop carrier, or repeaters) and is not intended to support any particular telecommunications service. The UCL will be offered in two types – Designed and Non-Designed.

  • Natural Gas 21.1 Subject to Article 21.2, the Indian domestic market shall have the first call on the utilisation of Natural Gas discovered and produced from the Contract Area. Accordingly, any proposal by the Contractor relating to Discovery and production of Natural Gas from the Contract Area shall be made in the context of the Government's policy for the utilisation of Natural Gas and shall take into account the objectives of the Government to develop its resources in the most efficient manner and to promote conservation measures. 21.2 The Contractor shall have the right to use Natural Gas produced from the Contract Area for the purpose of Petroleum Operations including reinjection for pressure maintenance in Oil Fields, gas lifting and captive power generation required for Petroleum Operations. 21.3 For the purpose of sales in the domestic market pursuant to this Article 21, the Contractor shall have freedom to market the Gas and sell its entitlement.

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