Common use of UNPROFITABLE GAS OR OPERATIONS Clause in Contracts

UNPROFITABLE GAS OR OPERATIONS. 12.1. In the event it has become unprofitable for Processor to (A) continue to receive Processing Customer’s Gas at the Plant Receipt Point, or (B) continue to operate its Processing Plant (or any portion thereof), in each case for a period of at least 2 consecutive Accounting Periods, and Processor reasonably determines that the unprofitable receipt of Gas or operation of its Processing Plant will likely continue, Processor shall have the right to give Processing Customer a written notice of unprofitability, which notice shall include sufficient documentation to substantiate the claim of unprofitability.

Appears in 2 contracts

Samples: Gas Gathering and Processing Agreement (Gasco Energy Inc), Gas Processing Agreement (Gasco Energy Inc)

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UNPROFITABLE GAS OR OPERATIONS. 12.1. In the event it has become unprofitable for Processor to (A) continue to receive Processing Customer’s Gas Gas, at the Plant any Receipt PointPoint(s), or (B) continue to operate its Processing Plant (or any portion thereof)Facilities, in each case for a period of at least two (2 )consecutive Accounting Periods, Periods and Processor reasonably determines that the unprofitable receipt of Gas or operation operations of its Processing Plant Facilities will likely continue, Processor shall have the right to give Processing Customer Chipeta a written notice of unprofitability, which notice shall include sufficient documentation to substantiate the claim of unprofitability.. 11 of General Terms and Conditions

Appears in 1 contract

Samples: Gas Processing Agreement (Western Gas Partners LP)

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UNPROFITABLE GAS OR OPERATIONS. 12.1. In the event it has become unprofitable for Processor to (A) continue to receive Processing Customer’s Gas Gas, at the Plant any Receipt PointPoint(s), or (B) continue to operate its Processing Plant (or any portion thereof)Facilities, in each case for a period of at least 2 consecutive Accounting Periods, Periods and Processor reasonably determines that the unprofitable receipt of Gas or operation operations of its Processing Plant Facilities will likely continue, Processor shall have the right to give Processing Customer Producer a written notice of unprofitability, which notice shall include sufficient documentation to substantiate the claim of unprofitability.

Appears in 1 contract

Samples: Gas Processing Agreement (Western Gas Partners LP)

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