Gas Assets definition

Gas Assets shall have the meaning set forth in the Separation Agreement.
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Gas Assets means the Gas Units, Xxxxx, Well sites, and all associated facilities, including Gas Reserves and Systems within the Pennsylvania Mine Area.
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Gas Assets means the Gas Units, Xxxxx, Well sites, and all associated facilities, including Gas Reserves and Systems within the Cooperation Area.
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Examples of Gas Assets in a sentence

  • Highlander Oil & Gas Assets LLC (HOGA) has a 72 percent working interest and an approximate 48 percent net revenue interest in the onshore Highlander subject interest.

  • To illustrate these candidates, consider the following very small problem:C1 : {c11 : a − b ≤ 10}C2 : {c21 : b − a ≤ −15}∨ {c22 : c − a ≤ −25}C3 : {c31 : b − c ≤ 10}C4 : {c41 : a − c ≤ 20}Clearly there is no complete solution to this problem, since c21 conflicts with c11, and c22 conflicts with the constraint induced by the transitive composition of c11 and c31.

  • Seller shall use commercially reasonable efforts to obtain permission for Buyer to gain access to Oil & Gas Assets operated by Third Parties and the records and files of such Third Parties to inspect the condition of such properties, the Oil & Gas Assets, records and files.

  • No event has occurred which permits, or after the giving of notice or lapse of time or both would permit, and the execution and delivery of this Agreement or any Related Agreement and the consummation of the transactions contemplated hereby and thereby will not result in, the revocation or termination of any such Permit or the imposition of any restrictions of such a nature as may limit the operation or use of the Oil & Gas Assets as historically conducted.

  • This Agreement does not govern: (a) the funding, development or operation of any equipment, fixtures or other assets located downstream of the outlet flange of the relevant custody transfer meter (or, in the case of Hydrocarbon liquids, downstream of the outlet flange in the tanks) located on or in the vicinity of the Leases in the Subject Oil and Gas Assets; or (b) the marketing or sale of oil and gas products from the Subject Oil and Gas Assets, all of which are outside the scope of this Agreement.

  • Capitalisation principlesThe value of assets is the cost base of SEA Gas Assets.

  • Subject to the other provisions of this Article 4, Buyer shall have the right during the Examination Period to conduct, or cause its representatives to conduct, environmental due diligence on the Oil & Gas Assets on its own behalf and account (“Independent Environmental Review”).

  • This Agreement shall govern the respective rights and obligations of the Development Parties with respect to the funding, development and operation of the Subject Oil and Gas Assets.

  • The ownership, operation and use of the Oil & Gas Assets and the performance of the Material Contracts are and for the last three (3) years have been in material compliance with the terms of all Environmental Permits, and there is no Proceeding seeking the revocation, cancellation, suspension, modification or limitation of any Environmental Permits.

  • No Target Group Member has acquired any of the Oil & Gas Assets through the use or threatened use of eminent domain or condemnation.


More Definitions of Gas Assets

Gas Assets means: (i) the ownership interests (to the extent held by Duke Energy, Spectra Energy or any of their respective Affiliates immediately prior to the Effective Time) in each member of the Spectra Energy Group; (ii) all Gas Contracts, any rights or claims of Duke Energy, Spectra Energy, or any of their respective Affiliates, arising thereunder, and any other rights or claims or contingent rights or claims of Duke Energy, Spectra Energy, or any of their respective Affiliates, primarily relating to or arising from any other Gas Asset or the Gas Business; (iii) all Assets owned, leased or held by Duke Energy, Spectra Energy, or any of their respective Affiliates immediately prior to the Effective Time that are used primarily in the Gas Business, including inventory, accounts receivable, goodwill, and natural gas collection, transmission, storage and field services plants, pipelines, facilities and equipment; (iv) subject to ARTICLE X, any rights of any member of the Spectra Energy Group under any Captive Gas Policies, any Third Party Gas Policies, and any Third Party Shared Policies to the extent related to the Gas Business; (v) the Assets listed or described on Schedule 1.1(66)(v) and any and all Assets that are expressly contemplated by this Agreement or any Ancillary Agreement as Assets to be retained by, or assigned or transferred to, any member of the Spectra Energy Group; (vi) any Exclusive Spectra Energy Contingent Gain; (vii) all Spectra Energy Accounts, and, subject to the provisions of Section 2.5, all cash, cash equivalents, and securities on deposit in such accounts immediately prior to the Effective Time; and (viii) any collateral securing any Spectra Energy Liability immediately prior to the Effective Time. Notwithstanding the foregoing, the Gas Assets shall not in any event include: (A) the Assets listed or described on Schedule 1.1(66)(viii)(A); or (B) any Assets that are expressly contemplated by this Agreement or any Ancillary Agreement as Assets to be retained by, transferred or assigned to, any member of the Duke Energy Group, including any Exclusive Duke Energy Contingent Gain.
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Gas Assets means both:
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Gas Assets means: (i) the ownership interests (to the extent held by Duke Energy, GasCo or any of their respective Affiliates immediately prior to the Effective Time) in each member of the GasCo Group; (ii) all Gas Contracts, any rights or claims of Duke Energy, GasCo, or any of their respective Affiliates, arising thereunder, and any other rights or claims or contingent rights or claims of Duke Energy, GasCo, or any of their respective Affiliates, primarily relating to or arising from any other Gas Asset or the Gas Business; (iii) all natural gas collection, transmission, storage and field services pipelines, facilities and equipment owned, leased or held immediately prior to the Effective Time; (iv) subject to ARTICLE X, any rights of any member of the GasCo Group under any Shared Policies and under any Gas Policies; (v) the Assets listed or described on Schedule 1.1(62)(v) and any and all Assets that are expressly contemplated by this Agreement or any Ancillary Agreement as Assets to be retained by, or assigned or transferred to, any member of the GasCo Group; (vi) any Exclusive GasCo Contingent Gain; (vii) all GasCo Accounts, and, subject to the provisions of Section 2.5, all cash, cash equivalents, and securities on deposit in such accounts immediately prior to the Effective Time; (viii) the Campeche Companies; and (ix) any collateral securing any GasCo Liability immediately prior to the Effective Time. Notwithstanding the foregoing, the Gas Assets shall not in any event include: (A) the Assets listed or described on Schedules 1.1(62)(A); or (B) any Assets that are expressly contemplated by this Agreement or any Ancillary Agreement as Assets to be retained by, transferred or assigned to, any member of the Duke Energy Group, including any Exclusive Duke Energy Contingent Gain.
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Gas Assets means, for any date of determination, all Gas transportation and storage capacity held by SET as of such date that MX: (i) directed or caused to be released to SET by any LDCs; or (ii) released or re-released to SET.
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Related to Gas Assets

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Gross Assets means the total of fixed assets and current assets;

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • Divestiture Assets means all of Defendants’ rights, titles, and interests in and to:

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Subject Assets is defined in Section 2.2(c).

  • surplus assets means any assets of the Company that remain after paying all debts and other liabilities of the Company, including the costs of winding up.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Excluded Assets has the meaning set forth in Section 2.02.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • Specified Assets the following property and assets of such Grantor:

  • Retained Assets has the meaning set forth in Section 2.2.

  • Oil and Gas Interests means: (a) direct and indirect interests in and rights with respect to oil, gas, mineral and related properties and assets of any kind and nature, direct or indirect, including, without limitation, working, royalty and overriding royalty interests, mineral interests, leasehold interests, production payments, operating rights, net profits interests, other non-working interests, contractual interests, non-operating interests and rights in any pooled, unitized or communitized acreage by virtue of such interest being a part thereof; (b) interests in and rights with respect to Hydrocarbons and other minerals or revenues therefrom and contracts and agreements in connection therewith and claims and rights thereto (including oil and gas leases, operating agreements, unitization, communitization and pooling agreements and orders, division orders, transfer orders, mineral deeds, royalty deeds, oil and gas sales, exchange and processing contracts and agreements and, in each case, interests thereunder), and surface interests, fee interests, reversionary interests, reservations and concessions related to any of the foregoing; (c) easements, rights-of-way, licenses, permits, leases, and other interests associated with, appurtenant to, or necessary for the operation of any of the foregoing; (d) interests in oil, gas, water, disposal and injection xxxxx, equipment and machinery (including well equipment and machinery), oil and gas production, gathering, transmission, compression, treating, processing and storage facilities (including tanks, tank batteries, pipelines and gathering systems), pumps, water plants, electric plants, gasoline and gas processing plants, refineries and other tangible or intangible, movable or immovable, real or personal property and fixtures located on, associated with, appurtenant to, or necessary for the operation of any of the foregoing; and (e) all seismic, geological, geophysical and engineering records, data, information, maps, licenses and interpretations.

  • Combined Assets means the sum of Fund Assets and Other Assets; and

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Oil and Gas Business means the business of exploiting, exploring for, developing, acquiring, operating, producing, processing, gathering, marketing, storing, selling, hedging, treating, swapping, refining and transporting hydrocarbons and other related energy businesses.

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Connection Assets means that portion of the distribution system used to connect a customer to the existing main distribution system, and consists of the assets between the point of connection on a distributor’s main distribution system and the ownership demarcation point with that customer;

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.