East Breaks definition

East Breaks means East Breaks Gathering Company, L.L.C., a Delaware limited liability company.
East Breaks means East Breaks Gathering Company, L.L.C., a Delaware limited liability company. "El Paso" means El Paso Corporation, a Delaware corporation, and its successors.
East Breaks. East Breaks Gathering Company, L.L.C., a Delaware limited liability company.

Examples of East Breaks in a sentence

  • Western Gulf, which owns all of HIOS and East Breaks, entered into a revolving credit facility (the "Western Gulf Credit Facility") with a syndicate of commercial banks in February 1999 to provide up to $100 million for the construction of the East Breaks system and for other working capital needs of Western Gulf, East Breaks and HIOS.

  • East Breaks entered into long-term agreements with Exxon and BP Amoco involving the commitment, gathering and processing of production from the Xxxxx and Xxxxxx prospects.

  • Substantially all of the construction costs of the East Breaks system will be funded by the Western Gulf Credit Facility.

  • Following this reorganization, Deepwater Holdings owns 100 percent of the East Breaks, HIOS, UTOS, and Stingray systems, along with the West Cameron dehydration facility.

  • All of the natural gas to be produced from 11 blocks in the East Breaks and Alaminos Canyon areas will be dedicated for transportation services on the HIOS system.

  • In connection with its formation, Deepwater Holdings established a $175 million credit facility to: - retire existing debt of Stingray and Western Gulf, the parent company of East Breaks and HIOS; - fund a one-time distribution of $20 million to each of the equity partners; - provide funds for the remaining construction costs of the East Breaks system and any future system expansions; and - provide for other working capital needs of Deepwater Holdings.

  • In conjunction with the transaction, the Partnership will become the full operator of the UTOS, HIOS, and East Breaks systems no later than July 1, 2000.

  • Amounts advanced under our credit facility were used to finance capital expenditures, including the construction of East Breaks, the repayment of the Stingray credit facility and the $40 million distribution in 1999 to our members.

  • The accompanying consolidated financial statements include the accounts of the Company and all of the accounts of HIOS and East Breaks.

  • The Company capitalizes interest and other borrowing costs incurred as a component of its property, plant, and equipment during the construction of the East Breaks pipeline and related facilities.


More Definitions of East Breaks

East Breaks. East Breaks Gathering Company, L.L.C., a Delaware limited liability company. "El Paso": El Paso Corporation, a Delaware corporation.
East Breaks has the meaning set forth in the Recitals.

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