Gathering Assets definition

Gathering Assets means all of the gathering lines, flow lines, gas lines, gas processing and gathering line compression facilities, processing plants, storage rights and transportation capacity (including downstream transportation capacity), tubing, pumps, motors, gauges, meters, valves, SCADA and other automation equipment and other machinery and equipment constituting part of or comprising the gas gathering systems including all of the rights of way, surface interests, surface lease agreements, surface use agreements, railroad crossings, easements and similar real estate interests related thereto and all contracts, Permits, pipeline and plant imbalances, and Records relating to the ownership, operation or maintenance.
Gathering Assets means natural gas gathering systems and related facilities, including all appurtenances, metering facilities, fee property, leases, easements, licenses, permits, right of ways, contracts, contract rights and other rights, necessary for the design, development, construction, maintenance, upkeep, repair, or operation thereof.
Gathering Assets means the gas gathering and pipeline systems and related facilities described on Exhibit H.

Examples of Gathering Assets in a sentence

  • All Encumbrances on the Subject Membership Interests, and all liens created in connection with the EXCO Debt Instruments on the Subject Non-Operating Assets, Operating Assets, Gathering Assets or other assets to be owned by the Newcos, the Operator and Midstream LLC shall be fully released at Closing by form of release acceptable to BG.

  • As to such capital and operating expenses and, if the Parties expand the Piceance Gathering Assets and/or the Piceance Water Infrastructure after the Effective Time, Seller shall bear 74% of the associated costs and Buyer shall bear 26% of such costs.

  • Upon the termination of the Sale-Leaseback Agreement, Seller shall pay 74% of the amount required to buy back such Piceance Gathering Assets and such Piceance Water Infrastructure to the extent such assets are subject to the Sale-Leaseback Agreement, and Buyer shall bear 26% of such amount.

  • The transfer of the Gathering Assets to the Company pursuant to the Contribution Agreement was not wrongful or fraudulent with respect to Seller’s or any Seller Affiliate’s creditors, and no creditor shall be entitled to bring any claim under any Law against Seller, any Seller Affiliate, the Company or Buyer with respect to such transfer.

  • Buyer acknowledges and agrees that the drip tanks currently used to operate the Gathering Assets are not Purchased Assets and, consequently, Buyer will need to procure and install new drip tanks for the operation of the Gathering Assets following the Closing.


More Definitions of Gathering Assets

Gathering Assets means all assets owned by Gathering Opco and its Subsidiaries as of the IPO Effective Date.
Gathering Assets means the natural gas, crude oil and NGL gathering pipelines and all other assets owned by Hess North Dakota Pipelines LLC as of the Effective Date.
Gathering Assets means all of the property and assets described on Exhibit A to the Contribution Agreement.
Gathering Assets means all of the gathering lines, flow lines, gas lines, gas processing and gathering line compression facilities, processing plants, storage rights and transportation capacity (including downstream transportation capacity), tubing, pumps, motors, gauges, meters, valves, SCADA and other automation equipment and other machinery and equipment constituting part of or comprising the gas gathering systems or assets owned by any Affiliate of Chesapeake Energy Corporation, including all of the rights of way, surface interests, surface lease agreements, surface use agreements, railroad crossings, easements and similar real estate interests related thereto and all contracts, Permits, pipeline and plant imbalances, and Records relating to the ownership, operation or maintenance.
Gathering Assets means half of the gathering lines flow lines gas lines. NGPA: acronym for Natural Gas policy Act. No surface easement? We are happy to announce the launch of our twitter account. Ratification functionsdifferently than separate pooling agreements in boot it may actually aid the formof an affirmative defense. Provisions may also provide landowners with economic benefits such as rights of first refusal to sell the developer water or gravel, or payment by the developer to perform reclamation activities. Nearby or neighboring properties may create unique geographical or environmental challenges to a pipeline company that pool the acquisition of a Pipeline Easement Agreement or your property substantially more valuable. In contrast, see written Consent. Before applying for a capacity permit, the landowner must children receive written approval from out District would ensure in such activities will have strong adverse effect on the
Gathering Assets has the meaning set forth in the Recitals above.
Gathering Assets means (a) that certain gas gathering system located in Tarrant County, Wise County and Xxxxxx County, Texas, and (b) all of the Company’s and its Subsidiaries’ rights, titles and interests, whether direct or indirect, in and to all of the property, rights or interests incident to such gathering system, including, without limitation, all of the Company’s and its Subsidiaries’ rights, titles and interests in and to all Oil and Gas Contracts relating thereto, easements, rights of way, system permits, equipment, facilities, fixtures and other items of personal property and improvements on the date of this Agreement appurtenant to such gathering system or used, obtained or held for use in connection with the operation of such gathering system.