Common use of Upstream Assets Clause in Contracts

Upstream Assets. any Gas Reserves; and any wxxxx, wellbores and related equipment, and the lands and premises on which such wxxxx, wellbores and related equipment are located, and any production, storage, transportation, processing, gathering, compression and other midstream facilities, and other similar hydrocarbon facilities, that produce, store, transport, process, gather or compress Gas from time to time, that are owned or contracted by one or more of Seller’s Affiliates, and to the extent which they are used in respect of Gas Reserves, but excluding any Connecting Pipeline;

Upstream Assets. any Gas Reserves; and any wxxxx, wellbores and related equipment, and the lands and premises on which such wxxxx, wellbores and related equipment are located, and any production, storage, transportation, processing, gathering, compression and other midstream facilities, and other similar hydrocarbon facilities, that produce, store, transport, process, gather or compress Gas from time to time, that are owned or contracted by one or more of Seller’s Affiliates, and to the extent which they are used in respect of Gas Reserves, Reserves but excluding any Connecting Pipeline;