Liquids Gathering System definition
Examples of Liquids Gathering System in a sentence
The following information, to the extent in Seller’s Possession: all engineering drawings or plans of or covering the Liquids Gathering System or any component thereof, site assessments and environmental reports regarding or covering the Liquids Gathering System or any component thereof, manuals relating to the operation of the Assets, and “as-built” surveys of the pipelines and drawings of the Liquids Gathering System.
The four locations within the Liquids Gathering System at which condensate, produced water, and associated natural gas is collected and separated for sale and transport off the subject location or alternatively, in the case of associated natural gas, used for fuel or flared on the subject location.
No part of the Liquids Gathering System was acquired by Seller or any of its Affiliates using eminent domain proceedings.
The Assets constitute all of the property and assets that comprise and are necessary for the ownership and operation of the Liquids Gathering System immediately prior to the Effective Date, assuming the existence of (i) the equipment and fixtures attached or connected to the Liquids Gathering System upstream of the inlet flange to each LGS Pipeline Riser and downstream of each LGS Terminus Point and (ii) the material or product that flows into or flows out of the Liquids Gathering System.
Ultra Resources operates the Liquids Gathering System for Seller pursuant to the Services Agreement.
To Seller’s Knowledge, no portion of the Liquids Gathering System is located upon land other than the Land.
The Parties have entered into a Liquids Gathering System Sublette County, Wyoming Purchase and Sale Agreement dated as of December 7, 2012 (the “Agreement”) pursuant to which Buyer agreed to purchase, and Seller agreed to sell and convey, the Assets.
The term “Improvements” includes all of the improvements and fixtures which are a part of the Liquids Gathering System as described herein, regardless of whether they are included or properly described in Exhibit T.
PINEDALE CORRIDOR, LP, a Delaware limited partnership (“Buyer”), and Seller are party to that certain Liquids Gathering System Sublette County, Wyoming Purchase and Sale Agreement dated as of December 7, 2012 (the “Purchase Agreement”).
The term “Improvements” includes all of the improvements and fixtures which are a part of the Liquids Gathering System as described herein located on the Easement Land, regardless of whether they are included or properly described in Exhibit C.