Initial Facilities definition

Initial Facilities means the Initial Revolving Credit Facility and the Initial Term Facility.

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Initial Facilities means the real and personal property, facilities, structures, improvements and equipment to be acquired and constructed in connection with the initial operation of the Project as generally described on EXHIBIT I. In connection with the Completion of Development and at such other times as it deems necessary, UAMPS shall submit updates to EXHIBIT I to the Project Management Committee for approval.

Initial Facilities means the Initial Revolving Facility and the Initial Term Facility.

Examples of Initial Facilities in a sentence

UAMPS shall use Commercially Reasonable Efforts to structure and implement the financings for the Development Costs and Construction Costs of the Initial Facilities to achieve this result.
A determination by the Project Management Committee that construction of the Initial Facilities is not feasible and should not proceed to the Construction Period will result in termination of the Project; notwithstanding any such termination, this Contract shall remain in effect until the conditions described above and in Section 2(b) have been satisfied.
The Parties hereby agree to promptly enter into Leases and Easements with respect to each of the Initial Facilities.
UAMPS’ calculation and determination of the Development Costs and the Cost of Acquisition and Construction of the Initial Facilities and the Participant’s Capital Contribution Percentage, Debt Service Percentage and Debt Service Share in accordance with (i), (ii) and (iii) above shall be subject to the approval of the Project Management Committee, and upon such approval shall be conclusive and binding upon UAMPS and the Participant.
For the avoidance of doubt, Operator shall not owe any Surface Damages with respect to the Initial Facilities as the same exist on the Effective Date, but shall owe any applicable Surface Damages with respect to the Initial Facilities to the extent the same arise after the Effective Date.

More Definitions of Initial Facilities

Initial Facilities means the Disposal Facilities and Recycling Facilities existing on the Lands as of the Effective Date and described on Exhibit B-1 hereto.

Initial Facilities means the interstate natural gas pipeline system known as the Southern Natural Gas Company interstate pipeline system and related equipment and other infrastructure described on Exhibit A.

Initial Facilities means those facilities described in clause (a) of the definition of Mainline Facilities.

Initial Facilities means the Fresh Water Facilities existing on the Lands as of the Effective Date and described on Exhibit B hereto.

Initial Facilities means that certain Crude Petroleum pipeline system and related facilities described on Exhibit A-2.

Initial Facilities means the Disposal Facilities and/or Recycling Facilities described on Exhibit B hereto. “Initial Term” has the meaning set forth in Section 4.1.

Initial Facilities means the facilities provided by the Initial Lenders;