Examples of KXL Expansion Facilities in a sentence
The Parties further expressly recognize that it is reasonable for Shipper to support the actual construction of the KXL Expansion Facilities and to want to obtain capacity on the Pipeline System and to also have legitimate issues concerning the Rates, Rules and Regulations and terms of service that need to be addressed by FERC, NEB or other governmental, regulatory, administrative or judicial bodies.
In recognition of the support provided by Shipper for the KXL Expansion Facilities, Carrier is prepared to offer tolls and terms of service to Shipper subject to and in accordance with the provisions of this Contract and the Tariff.
KEYSTONE HARDISTY TERMINAL DESCRIPTION The proposed Keystone Hardisty Terminal is a 2 mmbbls above ground crude oil terminal with an initial scope of 535,000 bbls/Day of capacity with tankage and pipeline facilities for crude oil batch accumulation for interconnection to the KXL Expansion Facilities.
Carrier agrees not to issue the Option Notice until: (i) Carrier and Keystone US have obtained the applicable regulatory approvals for the KXL Expansion Facilities in accordance with section 2.1 of the Gulf Coast Expansion Contract, and (ii) Carrier has commenced construction of the KXL Expansion Facilities.
For certainty and for the purposes of this Section 4.5, an event of Force Majeure shall not include any delay of any governmental, administrative or regulatory authority having jurisdiction in the United States to grant such authorizations or exemptions, or both, or any amendments or supplements thereto, that are necessary for Carrier, in its sole discretion, to construct, acquire, own and operate the KXL Expansion Facilities as part of the Pipeline System.
The Court is amenable to effecting necessary adjustments to the existing system in the future if so required and deemed necessary.
Carrier and Keystone US shall have no liability or obligation whatsoever to Shipper in the event either or both of them (i) declines to file for, withdraws from, or rejects any Regulatory Approval, or (ii) determines that there is not a sufficient commitment from Term Shippers on the Pipeline System to justify proceeding with the KXL Expansion Facilities.