Energy Operations definition
Examples of Energy Operations in a sentence
Designation and Responsibilities of Operator: Vinland Energy Operations, LLC shall be the Operator of the Contract Area, and shall conduct and direct and have full control of all operations on the Contract Area as permitted and required by, and within the limits of this Agreement.
Notwithstanding the foregoing, the Collateral pledged under this Agreement shall not include any (i) property in the possession of or maintained by the Costa Rica Facilities, (ii) contract rights in the "Transaction Agreements" (as such term is defined in that certain Subscription Agreement dated as of February 28, 2002, by and between Borrower, and Dupont Chemical and Energy Operations, Inc., and E.
Effective as of January 5, 2007, the Operating Company and the Operating Subsidiaries entered in to a Management Services Agreement Vinland Energy Operations, LLC (“VEO”).
All obligations, payments and expenses arising from or incidental to the acquisition of such rights shall be for the account of the RE DEVELOPER so as to enable the RE DEVELOPER to have ingress into and egress from the Contract Area and to perform all Wind Energy Operations in accordance with this RE Contract and in consideration of which, entitlement to such rights shall be held in trust in favor of the RE DEVELOPER.
Vinland Energy Operations, LLC is hereby designated as the Operator of the ▇▇▇▇▇, and shall conduct and direct and have full control of all operations with regard to the ▇▇▇▇▇ as permitted and required by, and within the limits of this Agreement.
The Company will not, directly or indirectly, enter into any transaction or agreement (including, without limitation, the purchase, sale, distribution, lease or exchange of any property or the rendering of any service) with any Affiliate of the Company, unless such transaction or agreement (a) is approved by a majority of the Outside Directors on the Board of Directors of the Company (provided that this Section 9.8(a) shall not apply to payments to DuPont Chemical and Energy Operations, Inc.
The ownership of all data, records, accounts, samples and other technical data produced or generated in the course of the Wind Energy Operations that are confidential, proprietary in nature, or otherwise not generally available to the public shall remain with the DEPARTMENT and RE DEVELOPER and shall be kept confidential in accordance with Section XII (Confidentiality) hereof.
To the extent necessary or desirable, in the reasonable discretion of the Administrative Agent, any Hydrocarbon License registered in the name of Energy Operations Turkey, LLC (formerly a Delaware limited liability company and continued as Talon) shall be modified, or Talon shall take any action necessary or desirable, in the reasonable discretion of the Administrative Agent, to properly reflect Talon as the holder thereof, either directly or through its Ankara, Turkey Branch.
The Manager shall be appointed by Parsley Energy Operations, II, LLC, a Delaware limited liability company (“PEO II”), and, subject to Section 5.2 below, will hold office until his successor, if any, is elected and qualified.
The Government Share shall be equal to one percent (1%) of the Gross Income from the sale of electricity generated from Wind Energy Operations in accordance with the Accounting Procedures as prescribed under Annex “B” hereof.