Committed Leases definition

Committed Leases means leases in respect of which definitive agreements have been entered into between the lessor and lessee (including legally binding letters of offer which have been accepted for vacant units).
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Committed Leases means those Outer Continental Shelf (OCS) or State Waters leases set forth on Exhibit "A" hereto. The estimated proven recoverable reserves from the Committed Lease(s) attributable to Shipper's and/or its affiliates' interest or aggregated with other Xxxxxxx's interests in such lease(s) which are committed to Sea Xxxxx pursuant to this Reserve Commitment Agreement shall meet the eligibility requirements set forth in Rate Schedule FTS-2 of Sea Xxxxx's FERC Gas Tariff. Shipper shall provide to Sea Xxxxx supporting documentation for the reserves estimate, technical support data, and production development plans, including facilities design capacity, subject to a mutually agreeable confidentiality agreement to confirm Xxxxxxx's estimated proven recoverable reserves and to demonstrate Xxxxxxx's authority to dedicate the Committed Lease(s) under the terms of this Agreement.
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Committed Leases means those OCS or State Waters leases set forth on Exhibit "A" hereto.
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Examples of Committed Leases in a sentence

  • Shipper may request a separately stated MDQ under its FT-2 Agreement for specified delivery periods of not less than 3 consecutive months, hereinafter the "Delivery Periods"; provided, however, such separately stated MDQs must be supported by a life of reserves production forecast for the Committed Lease(s) provided hereunder; and provided further, that the MDQ shall not be less than 1,000 Mcf per day or the dekatherm equivalent thereof during any specified Delivery Period.

  • The MDQ to be transported shall be supported by a life of reserves production forecast for the Committed Lease(s) prepared by Shipper or the operator(s) of the Committed Lease(s), which reflects production build-up and expected production throughout the life of the lease.

  • Such engineering firm shall not have been previously retained by Shipper or and other Shipper(s) holding an interest in the Committed Lease(s) for any analysis of the Committed Lease(s) prior to the Shipper or other Shipper(s) entering into their respective FT-2 Agreement.

  • Shipper must provide documentation or certification showing with respect to the Committed Lease(s): (i) that it has good title to the gas, that it has the requisite control of an Affiliate's gas or that it has an effective contractual right to acquire title for the life of the reserves; and (ii) that it has entered into all necessary arrangements to assure that the upstream and/or downstream transportation will be in place prior to the commencement of service.

  • Thereafter, at least six (6) months prior to the beginning of each full calendar year during which Shipper's FT-2 Agreement is in effect, Shipper shall update its production profile, if so requested by HIOS, to support its MDQs and, when available, provide an actual production history for its Committed Lease(s) and an update of its technical data, which may be used by HIOS in evaluating the reasonableness of Shipper's proposed MDQs for each Delivery Period.

  • For purposes of this Agreement, "Committed Lease(s)" shall mean those OCS leases set forth on Exhibit A hereto.

  • For purposes of this Agreement, "Shipper's Gas" shall mean all Gas produced by or for the account of Shipper, or any affiliate of Shipper, from the Committed Lease(s).

  • The top 3 tenants (including the Joint Venture) represent 21.5% of the Annualised Committed Leases.

  • As at 30 June 2018 the Annualised Committed Leases (including the Joint Venture) amount to EUR 96.8 million.

  • A delivery period shall not be less than three (3) Months, hereinafter "Delivery Period(s)." The MDQ for each Delivery Period shall not be less than 1,000 Dth/d and shall be supported by a life of reserves production profile for the Committed Lease(s), as more thoroughly described in Sea Xxxxx's Rate Schedule FTS-2.


More Definitions of Committed Leases

Committed Leases means all leases in respect of the Properties covered by executed lease agreements or for which lease offer letters have been signed by the relevant lessor and lessee.
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Committed Leases means, in respect of the relevant Properties as at 31 December 2010, the following: (i) tenancy agreements, (ii) letters of offers which have been signed, and letters of offers pending execution by the tenants but in respect of which tenants have commenced operations on the relevant Properties and paid rent pursuant to the terms thereof, all such letters of offer to be followed up with tenancy agreements and (iii) security deposit letters counter-signed by the tenants and with security deposits paid by the tenants, all security deposit letters to be followed up with tenancy agreements and, each a “Committed Lease”.
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Related to Committed Leases

  • Permitted Lease means a lease permitted under Section 4.02(b) of the Trust Indenture.

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Committed Line shall have the meaning given to such term in the preamble hereto.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • Approved Lease has the meaning set forth in Section 6.11(a).

  • Committed Loan has the meaning specified in Section 2.01.

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Permitted Leakage means any of the following:

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Assumed Leases has the meaning set forth in Section 2.6(b).

  • Recorded Leasehold Interest means a Leasehold Property with respect to which a Record Document has been recorded in all places necessary or desirable, in Collateral Agent’s reasonable judgment, to give constructive notice of such Leasehold Property to third-party purchasers and encumbrancers of the affected real property.

  • Permitted Loans means:

  • Borrowing Base Properties means the Oil and Gas Properties of the Credit Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 9.14.

  • Permitted Lessee means the lessee under a Permitted Lease.

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Material Leasehold Property means a Leasehold Property reasonably determined by Administrative Agent to be of material value as Collateral or of material importance to the operations of Company or any of its Subsidiaries.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Facility Leases means all of the leases of Facilities listed on Schedule 3.7 of the Disclosure Schedules.

  • Material Leased Real Property has the meaning set forth in Section 2.14.

  • Real Property Leases means the leases, subleases, licenses or other agreements, including all amendments, extensions, renewals, guaranties or other agreements with respect thereto, under which the Company or any of its Subsidiaries uses or occupies or has the right to use or occupy any real property.

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Permitted Loan shall have the meaning set forth in Section 4.02(a).