Common Partnership System definition

Common Partnership System means those wastewater conveyance and treatment facilities owned and operated by the Partnership as described in Section 3 herein. Conveyance facilities include interceptor sewers and any pumping stations or force mains within the defined Partnership facilities that are utilized to convey Member Towns’ wastewater to the Partnership’s treatment plant. Treatment facilities include the treatment plant, effluent recharge sites, and any related facilities.
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Examples of Common Partnership System in a sentence

  • For all new treatment capacity requests or transfer of capacities among Member Towns, the buy-in cost shall include a negotiated payment representing recovery of the cost of the Common Partnership System up to that date and any additional expansion costs required to accommodate the flow request.

  • The costs of operating and maintaining the Common Partnership System shall be apportioned on the basis of the actual total quarterly flows through the Common Partnership System conveyance facilities from each Member Town.

  • The term "Common Partnership System" (also known as conveyance facilities) shall mean the interceptor sewers and any other sewers and pumping stations and force mains utilized to convey Member Towns’ wastewater through the Common Partnership System to the Partnership’s wastewater treatment facility.

  • Capital Costs shall include all expenses in the nature of capital outlay, including but not limited to the cost of acquiring land, the cost of constructing, reconstructing or adding to buildings, the treatment plant, roads, pipe lines and utility lines, the cost of consulting/ engineering services, related legal costs, the cost of any equipment necessary for the operation of the Common Partnership System and any other related costs.

  • The Partnership shall provide and maintain a SCADA system (not to be used for control unless contracted for by a Member Town) at its expense to assist with monitoring the measured flows from each flow measuring station that discharges into a shared wastewater system within a Member Town or that discharges directly into the Common Partnership System.

  • Each Member Town shall provide the Partnership annually in July an updated electronic copy of the Local Wastewater System within that Member Town that is ultimately connected to the Common Partnership System.

  • The District shall maintain a description, plan, title information or combination thereof, identifying and describing the Common Partnership System owned or leased by the Partnership, and the location of those facilities.

  • The collection of flow meter readings for the purpose of computing and distributing charges shall be done locally at each meter and shall be the responsibility of Partnership and/or its authorized agent, and all costs related to the collection of the data and the calculation of the charges shall be a part of the Operating Costs of the Common Partnership System.

  • Any costs incidental to the operation and maintenance of the metering station, including the wastewater sampling and analysis, shall be borne by the Partnership and be included as a part of the Operating Costs of the Common Partnership System.

  • The Member Towns shall provide a 99-year lease for $1 to convey certain real property, personal property, equipment and other assets to the Partnership (including property and assets to establish the Common Partnership System) by or on the Effective Date and in accordance with an agreement entitled, “Agreement to Convey Real Property and Transfer Assets”, or any other arrangements, both attached hereto as Exhibit H.

Related to Common Partnership System

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Common parent, as used in this provision, means that corporate entity that owns or controls an affiliated group

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Partnership Unit Economic Balance means (i) the Capital Account balance of the General Partner plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in each case to the extent attributable to the General Partner’s Partnership Units divided by (ii) the number of the General Partner’s Partnership Units.

  • Partnership Percentage means a percentage established for each partner on the Partnership' books as of the first day of each Fiscal Period. The Partnership Percentage of a Partner for a Fiscal Period shall be determined by dividing the amount of the Partner's capital account as of the beginning of the Fiscal Period by the sum of the capital accounts of all of the Partners as of the beginning of the fiscal Period. The sum of the Partnership Percentage for each fiscal Period shall equal one hundred percent (100%).

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Partnership Security means any class or series of equity interest in the Partnership (but excluding any options, rights, warrants and appreciation rights relating to an equity interest in the Partnership), including without limitation, Common Units, Subordinated Units and Incentive Distribution Rights.

  • Partnership Group Member means any member of the Partnership Group.

  • Partnership Documents means (a) all Subject Instruments and (b) all other contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, swap agreements, leases or other instruments or agreements to which the Partnership or any of its subsidiaries is a party or by which the Partnership or any of its subsidiaries is bound or to which any of the property or assets of the Partnership or any of its subsidiaries is subject that solely in the case of this clause (b), are material with respect to the Partnership and its subsidiaries taken as a whole.

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Partnership has the meaning set forth in the preamble of this Agreement.

  • Common Unit Economic Balance means (i) the Capital Account balance of the General Partner, plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in either case to the extent attributable to the General Partner’s ownership of Partnership Common Units and computed on a hypothetical basis after taking into account all allocations through the date on which any allocation is made under Section 6.2.D hereof, divided by (ii) the number of the General Partner’s Partnership Common Units.

  • Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned or represented by any Partnership Interest.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Operating Partnership has the meaning set forth in the preamble.

  • Partnership Securities has the meaning assigned to such term in Section 4.4(a).

  • economic resources means assets of every kind, whether tangible or intangible, movable or immovable, which are not funds, but may be used to obtain funds, goods or services;

  • General Partners means all such Persons.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.