Examples of Lincoln Parish Plant in a sentence
Notwithstanding anything in this Agreement to the contrary, if Customer Gas is nominated to the Gathering System at a pressure of at least 750 psia at the Regency 24” Interconnect, Gatherer acknowledges and agrees that Gatherer shall deliver such nominated Gas to the Lincoln Parish Plant (via the Gathering System’s twenty four inch (24”) pipeline) and to the Mount Olive Plant (via the Gathering System’s twelve inch (12”) pipeline).
The Financial Statements referred to in clauses (ii) and (iii) of the immediately preceding sentence reflect the carve out balance and activities from PennTex JV that relate to the construction of the Lincoln Parish Plant and the associated Midstream Properties.
On or prior to the first Business Day at least 30 days after the Qualifying IPO Effective Date, the Borrower shall cause to be delivered to the Administrative Agent, a mortgagee title policy with respect to the sites of each of the Lincoln Parish Plant and the Mt. Olive Plant in form and substance reasonably satisfactory to the Administrative Agent.
Subject to the terms and conditions of this Agreement, from and after the Plant Operational Date of the Lincoln Parish Plant, Processor shall receive and process, as Interruptible Receipts, all Customer Gas tendered by Customer each Day in accordance with this Agreement in excess of the MDQ; provided, that the sum of the MDQ plus Interruptible Receipts of Customer Gas for any Day shall not exceed the total operating capacity of the Plants for such Day.
Subject to the terms and conditions of this Agreement, from and after the Plant Operational Date of the Lincoln Parish Plant, Processor shall receive and process, as Firm Receipts, all Customer Gas tendered by Customer each Day in accordance with this Agreement up to the MDQ.
Processor shall design, engineer, procure and construct the Lincoln Parish Plant in a good and workmanlike manner and in accordance with good industry practices, and shall use its commercially reasonable efforts to complete the Lincoln Parish Plant, and commence service hereunder, on or before May 15, 2015.
Points of Receipt Delivery Point Name Transporter’s Meter # Parish/State Maximum Volume* (in Mcf/d) PennTex Lincoln Parish Plant 10010 Lincoln Parish, LA up to 200,000 PennTex Mount Olive Plant TBD Lincoln Parish, LA up to 200,000 * Subject to increased Maximum Volume capacity in accordance with any future expansion of an applicable Measurement Facility.
Processor shall provide at least thirty (30) Days’ prior written notice to Customer of the expected Plant Operational Date of the Lincoln Parish Plant.
The Lincoln Parish Plant, when complete, will have a nominal design capacity of 200 MMcf per Day.