Examples of Colstrip Contracts in a sentence
With respect to items listed under Category A, Seller agrees to use commercially reasonable efforts to cause MPC, to the extent Seller has the right to do so under the Colstrip Contracts, to conduct and complete such special maintenance and capital expenditures at the times set forth in the Budget.
Except for the Permitted Liens and the Real Property subject to Real Property Leases described in Section 1.01(a)(ii)(A) of the Disclosure Schedule, Seller, subject to the terms and conditions of the Colstrip Contracts, is in possession of the Real Property and there are no third party licenses or tenants at the sites of the Real Property or Real Property Leases.
With respect to emergency special maintenance and capital expenditure items not identified in the Budget that arise after the date hereof and prior to the Closing, Seller will cause MPC, to the extent Seller has the right to do so under the Colstrip Contracts, to consult with Purchaser and to conduct and complete any such emergency special maintenance and capital expenditure items in accordance with Good Utility Practice ("Emergency Expenditures").
With respect to items listed under Category B, Seller shall cause MPC, to the extent Seller has the right to do so under the Colstrip Contracts, to conduct and complete such special maintenance and capital expenditures at such times as Seller and MPC shall determine in their reasonable discretion after consultation with Purchaser.
Seller, subject to the terms and conditions of the Colstrip Contracts, or, to Seller's Knowledge, MPC or its Affiliates, is in possession of and has good and valid title to, or has valid leasehold interests in or valid rights under Contract to use, all the Tangible Personal Property used in and individually or in the aggregate with other such property material to the ownership, operation and maintenance of the Colstrip Facilities.
Pursuant to the terms and conditions of the Colstrip Contracts, Seller has, and, to Seller's Knowledge, MPC or its Affiliates has, valid and subsisting title to the Real Property in which Seller (or MPC or its Affiliates, as the case may be) holds a permit interest or other interest, in each case, free and clear of all Liens other than Permitted Liens.
The foregoing shall not preclude Seller from making, or agreeing to the making of (i) Maintenance Expenditures and Capital Expenditures and (ii) at Seller's expense under the Colstrip Contracts, such other maintenance and capital expenditures as Seller or MPC deems necessary, subject in all cases to the applicable provisions of the Colstrip Contracts.
Pursuant to the terms and conditions of the Colstrip Contracts, Seller has, and to Seller's Knowledge, MPC or its Affiliates has, valid and subsisting title to the Real Property in which Seller (or MPC or its Affiliates, as the case may be) holds a permit interest or other interest, in each case, free and clear of all Liens other than Permitted Liens.