Examples of CO2 Facility in a sentence
The Company will work in good faith with Cambridge to ensure CO2 delivered hereunder conforms to the specification to be developed following Cambridge discussions with oil field production companies for use in EOR, which will use the CO2 produced at the CO2 Facility, or as required by regulation, as the case may be.
The volume of CO2 taken by Chaparral (for purposes of determining the Sales Volume, and otherwise) shall be determined based on the volume of CO2 measured at the sales meter at or near the outlet or tailgate of the CO2 Facility (the “Measurement & Pricing Point”), and in accordance with the requirements contained herein, including specifically Article VII.
During the Term, in the event this Agreement is terminated as a result of an uncured default by Chaparral, then Coffeyville shall have the first right (but not the obligation), during the first 60 Days following the determination of the “current market value” pursuant to this Section 6.03(b), to purchase the CO2 Facility at the then “current market value”.
The Parties agree to work together in good faith to determine and implement the most cost-efficient solutions for all utilities and services required for the operation of the CO2 Facility, including natural gas, electricity, cooling water, and wastewater.
The “current market value” of the CO2 Facility will be determined as described below.
The Equipment, and any other personal property at the Site and/or the CO2 Facility belonging to Lessee, shall be there at the sole risk of Lessee, and Lessor shall not be liable for damage thereto or theft, misappropriation or loss thereof unless caused by the acts or omissions of Lessor, their respective agents, employees, contractors, trustees, shareholders or directors.
In connection with the foregoing, Lessee further acknowledges that in no event shall the relationship between Lessor and Lessee be deemed to be a so-called Lessor-Lessee relationship and that in no event shall Lessee be entitled to avail itself of any rights afforded to Lessees under the laws of the state in which the CO2 Facility is located.
To ensure proper operations of the Fertilizer Plant, Feeder Line and CO2 Facility, the Parties acknowledge that certain operational information will need to be exchanged between the Parties.
Buyer hereby covenants and agrees that it will maintain and operate the CO2 Facility and Pipeline pursuant to Good Industry Practices and in such a manner so as to receive and transport the Contract Volume to the North Burbank Unit for underground injection.
Except as set forth on Schedule 12.03(c), Buyer has or will have, upon construction, good and marketable title to the CO2 Facility and the Pipeline, free and clear of all Liens (other than Permitted Liens) that, in the aggregate, would materially affect the value thereof or materially interfere with the use made or to be made thereof by Buyer.