Expansion Well definition

Expansion Well shall have the meaning set forth in Section 2.3 of the Agreement.
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Examples of Expansion Well in a sentence

  • If the Subsequently Acquired Gas is not subject to previously existing dedication but is from an Expansion Well, then such Expansion Well will be subject to the provisions of Section 2.3(b), above.

  • Such Expansion Well will be subject to the provisions of Section 2.6, below, provided that Shipper shall at its sole cost and expense construct the Flow Line up to a total of 2,500 linear feet from the wellhead.

  • If Shipper elects to connect such Expansion Well or Project to the Gathering System, then, when Shipper has developed a reasonable estimate for the connection of such Expansion Well or Project (“Shipper’s Estimate”), Shipper shall provide the Shipper’s Estimate to LMM, and LMM shall have *** Days to elect to connect such Expansion Well or Project, as the case may be, on the basis of Shipper’s Estimate.

  • For the avoidance of doubt, if LMM does not exercise its option to connect an Expansion Well that is part of a Project, then the foregoing remedy described in Section 2.7 (i) and (ii) shall apply to that well and to all remaining uncompleted xxxxx in the Project.

  • For purposes of this Section 2.8, “Actual Cost” shall be defined as the actual third-party costs incurred by LMM to connect the Expansion Well, but shall be limited to the facilities on and installation of pipeline *** inches (***”) in diameter or less upstream of any compression facilities on the Gathering System.

  • If LMM elects not to connect an Expansion Well or Project to the Gathering System, then Shipper may, in Shipper’s sole discretion, connect such Expansion Well or Project, at its sole cost and expense, to: (i) the Gathering System, subject to the terms and conditions of this Section 2.7; or (ii) to a third party, provided that any such Expansion Well or Project connected to a third party will no longer be subject to this Agreement.

  • If LMM again chooses to not make the connection after review of Shipper’s Estimate, and if Shipper elects to proceed to connect such Expansion Well or Project to the Gathering System, Shipper shall pay to LMM only the Reduced Fee as set forth in Exhibit “E” for all volumes from such Expansion Well or Project which are received into the Gathering System through the Shipper-constructed connection.

  • If LMM does not exercise its option to connect an Expansion Well (including where such Expansion Well is not part of a Project), then LMM will be deemed to have elected not to connect such Expansion Well or Project to the Gathering System.

Related to Expansion Well

  • Exploration Well means a well that is not a development well, a service well or a stratigraphic test well.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Development Well means a well drilled inside the established limits of an oil or gas reservoir, or in close proximity to the edge of the reservoir, to the depth of a stratigraphic horizon known to be productive.

  • Area C means areas of the West Bank outside Areas A and B, which, except for the issues that will be negotiated in the permanent status negotiations, will be gradually transferred to Palestinian jurisdiction in accordance with this Agreement.

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Expansion means the addition of buildings, structures, machinery or equipment for purposes of increasing production capacity.

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Exploratory Well means a well that is not a development well, a service well or a stratigraphic test well.

  • Shallow well means a well located and constructed in such a manner that there is not a continuous layer of low-permeability soil or rock (or equivalent retarding mechanism acceptable to the department) at least 5 feet thick, the top of which is located at least 25 feet below the normal ground surface and above the aquifer from which water is to be drawn.

  • Dry well means a type of infiltration practice that allows storm water run-off to flow directly into the ground via a bored or otherwise excavated opening in the ground surface.

  • Area B means the area marked “Area B” outlined in orange on the Plan;

  • Horizontal well means a well bore drilled laterally at an angle of at least eighty (80) degrees to the vertical or with a horizontal projection exceeding one hundred (100) feet measured from the initial point of penetration into the productive formation through the terminus of the lateral in the same common source of supply.

  • Area A means the area marked “Area A” outlined in red on the Plan (excluding that part shaded grey on the Plan);

  • Test Well means a well constructed for the purpose of obtaining information needed to design a well prior to its construction. Test wells are cased and can be converted to observation or monitoring wells and under certain circumstances to production wells

  • Pilot project means an innovative environmental project that covers one or more designated facilities, designed and implemented in the form of an EMSA. (See Section 52.3 of the Act.)

  • Project Area means THE AREA WHERE WORK IS BEING PERFORMED FOR THE CITY OF SUFFOLK, VIRGINIA.

  • Phase III means Phase I (or Phase I/II), Phase II (or Phase II/III) and Phase III clinical trials, respectively, in each case as prescribed by applicable FDA IND Regulations, or any corresponding foreign statutes, rules or regulations.

  • exploration area means that part of the Area allocated to the Contractor for exploration, described in schedule 1 hereto, as the same may be reduced from time to time in accordance with this contract and the Regulations;

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • Redevelopment project means any work or undertaking

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.