Liquids Transportation System definition

Liquids Transportation System. (a) means, generally, the system of pipelines, storage tanks, collection and separation facilities, salt water disposal xxxxx and facilities, and related properties, facilities, equipment and rights, as highlighted or otherwise identified on Exhibit F, as such system exists as of the Effective Date and as it may be subsequently modified as permitted by this Lease, that is capable of (i) transporting, collecting, separating, storing, and delivering for sale or transport oil produced from oil xxxxx located in the Gulf of Mexico, and (ii) transporting, collecting, separating, and disposing of salt water associated with the production of such oil, and (b) includes, specifically, the Land, the Right of Use Agreements, and the Improvements. The Liquids Transportation System begins at the inlet flange to each pipeline pig launcher trap on oil platforms GI 22L, ST 54G, WD 73A, WD 30J, MC 268A, MC 397A, SP 93A, and MC 280A in the Gulf of Mexico, extends through an interconnected system of pipelines and subsea tie-in valves to the collection, separation equipment, storage tanks, disposal xxxxx, and pipelines located at the Grand Isle terminal facility on the Land, and includes the pipeline from such terminal facility to the interconnection point under the Interconnection Agreement, dated December 17, 2010, with ExxonMobil Pipeline Company (as such agreement may be amended or replaced from time to time).
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Liquids Transportation System. (a) means, generally, the system of pipelines, storage tanks, collection and separation facilities, salt water disposal wxxxx and facilities, and related properties, facilities, equipment and rights, identified on Exhibit M, as such system exists as of the Effective Date, that is capable of (i) transporting, collecting, separating, storing, and delivering for sale or transport oil produced from oil wxxxx located in the Gulf of Mexico, and (ii) transporting, collecting, separating, and disposing of salt water associated with the production of such oil, and (b) includes, specifically, the Land, the Right of Use Agreements, and the Improvements. The Liquids Transportation System begins at the inlet flange to each pipeline pig launcher trap on oil platforms GI 22L, ST 54G, WD 73A, WD 30J, MC 268A, MC 397A, SP 93A, and MC 280A in the Gulf of Mexico, but expressly excluding the MC 268 “A” Platform, extends through an interconnected system of pipelines and subsea tie-in valves to the collection, separation equipment, storage tanks, disposal wxxxx, and pipelines located at the Grand Isle terminal facility on the Land, and includes the pipeline from such terminal facility to the interconnection point under the Interconnection Agreement, dated December 17, 2010, with ExxonMobil Pipeline Company (as such agreement may be amended or replaced from time to time).
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Liquids Transportation System. (as defined in the GIGS Purchase Agreement), and the personal property, interconnection agreements and county and state permits relating thereto, to be acquired by Grand Isle Corridor from Energy XXI USA, Inc. pursuant to the GIGS Purchase Agreement. GIGS Lease. That certain Lease dated June 30, 2015 between Grand Isle Corridor, as landlord, and Energy XXI GIGS Services, LLC, as tenant. GIGS Mortgage. That certain Deed of Trust, Mortgage, Assignment, Security Agreement, Fixture Filing and Financing Statement dated as of the Closing Date by Grand Isle Corridor in favor of Agent for the benefit of Lenders granting liens on and security interests in GIGS to secure the Obligations. GIGS Purchase Agreement. That certain Purchase and Sale Agreement dated as of June 22, 2015 between Energy XXI USA, Inc., as seller, and Grand Isle Corridor, as buyer. Governmental Authority. Any international, foreign, federal, state, county or municipal government, or political subdivision thereof; any governmental, quasi-governmental or regulatory agency, authority, board, bureau, commission, department, instrumentality or public body; or any court or administrative tribunal. Grand Isle Corridor. Grand Isle Corridor, LP, a Delaware limited partnership and a wholly-owned Subsidiary of Borrower, and its successors and assigns. Guaranteed Pension Plan. Any employee pension benefit plan within the meaning of §3(2) of ERISA maintained or contributed to by Borrower or any ERISA Affiliate the benefits of which are guaranteed on termination in full or in part by the PBGC pursuant to Title IV of ERISA, other than a Multiemployer Plan.
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Examples of Liquids Transportation System in a sentence

  • Landlord authorizes Tenant to enforce any no trespass actions regarding any portion of the Liquids Transportation System, including the LTS Land, and to initiate any proceedings to remove any third parties from the Easement Land (to the extent allowable under the applicable Right of Use Agreements) which Tenant, in Tenant’s reasonable business judgment, deems necessary or appropriate for Tenant’s continued quiet enjoyment of the Leased Property.

  • Developed Recreation Sites17The Grasslands provide many developed recreation sites that are important to sustaining positive social and economic conditions in local and regional communities.

  • Services Provider may and is hereby authorized to enter into and act on Owner’s behalf in connection with any agreement necessary to transport, collect, separate, store, or deliver for sale or transport oil produced from oil xxxxx located in the Gulf of Mexico, or to transport, collect, separate, store, or dispose of salt water associated with the production of such oil, in the Liquids Transportation System.

  • Seller’s computer hardware and some monitoring equipment used in the operation of the Liquids Transportation System are also used by Seller for other assets of Seller that are not the subject of this Agreement.

  • The rates for transportation service via the Liquids Transportation System are not regulated by any Governmental Authority.

  • Services Provider covenants to use commercially reasonable efforts to maintain the Liquids Transportation System in Good Condition and Repair and, in accordance with industry practices, to protect against damage to the Liquids Transportation System.

  • In connection with any on-site inspections, Buyer (x) agrees not to unreasonably interfere with the normal operation of the Liquids Transportation System and Personal Property, (y) agrees to comply with Seller’s reasonable rules governing matters of health, safety and security, and (z) represents that it is adequately insured.

  • Services Provider shall not permit any liens, encumbrances or charges upon or against the Liquids Transportation System resulting from the provision of Services or materials under this Agreement except for liens arising by operation of law in the ordinary course of business securing amounts not past due and liens arising if Owner fails to pay the Services Provider for Services as required in this Agreement.

  • As of March 31, 2015, the Liquids Transportation System transported approximately 60,000 bbls/d (approximately 18,000 bbls/d oil and 42,000 bbls/d water).

  • Schedule 7.20 lists (a) all capital expenditures in excess of $100,000 made in respect of the Liquids Transportation System since January 1, 2011, including the amount thereof, and (b) all capital expenditures in excess of $100,000 that Seller or its Affiliates currently plans to make or commence in respect of the Liquids Transportation System on or before December 31, 2017.

Related to Liquids Transportation System

  • Transportation System means the facilities at any time in place to receive Shipper’s Gas at the Entry Point(s), process, handle, transport and redeliver the Gas at the Exit Point(s), in accordance with the Transportation Agreement, as detailed in Transportation System Description.

  • Public transportation system means all facilities, conveyances and instrumentalities, whether publicly or privately owned, that are used in or for publicly available services for the transportation of persons or cargo.

  • Ocean transportation means any transportation aboard a ship, vessel, boat, barge, or ferry through international waters.

  • Air transportation means the public carriage by aircraft of passengers, baggage, cargo, and mail, separately or in combination, for remuneration or hire;

  • Production System means a live SAP system used for running Licensee’s internal business operations and where Licensee’s data is recorded.

  • Transportation project or "project" means any or the

  • Transportation Service means a service for moving people and goods, such as intercity bus service and passenger rail service.

  • Transportation Services means travel assistance given to an individual

  • Leak-detection system means a system capable of detecting the failure of either the primary or secondary containment structure or the presence of a release of hazardous waste or accumulated liquid in the secondary containment structure. Such a system must employ operational controls (e.g., daily visual inspections for releases into the secondary containment system of aboveground tanks) or consist of an interstitial monitoring device designed to detect continuously and automatically the failure of the primary or secondary containment structure or the presence of a release of hazardous waste into the secondary containment structure.

  • Emergency Medical Transportation means the transportation, by ambulance, of sick, injured or otherwise incapacitated persons who require emergency medical care.

  • Transportation Company means any organization which provides its own or its leased vehicles for transportation or which provides freight forwarding or air express services.

  • Transportation means any land, sea or air conveyance required to Transport the Insured during an Emergency Evacuation. Transportation includes, but is not limited to, air ambulances, land ambulances and private motor vehicles.

  • Economy Transportation means the lowest published available transportation rate for a ticket on a Common Carrier matching the original class of transportation that You purchased for Your Trip.

  • Transportation Facilities means any physical facility that moves or assist in the movement of people or goods including facilities identified in OAR 660-012-0020 but excluding electricity, sewage, and water systems.

  • Water supply system means a water distribution system, piping, connection fittings, valves and appurtenances within a building, structure, or premises. Water supply systems are also referred to commonly as premise plumbing systems.

  • Collection System means software used for the collection, tracking, and reporting of 34 outcomes data for Clients enrolled in the FSP programs.

  • Public water supply system means a system for the provision to the public of piped water for human consumption, if the system has at least fifteen service connections or regularly serves at least twenty-five individuals. The term includes any source of water and any collection, treatment, storage, and distribution facilities under control of the operator of the system and used primarily in connection with the system, and any collection or pretreatment storage facilities not under such control which are used primarily in connection with the system.

  • distribution system operator means a natural or legal person responsible for operating, ensuring the maintenance of and, if necessary, developing the distribution system in a given area and, where applicable, its interconnections with other systems and for ensuring the long-term ability of the system to meet reasonable demands for the distribution of electricity;

  • Transportation network company means a company or organization facilitating and/or providing transportation services using a computer or digital application or platform to connect or match passengers with drivers for compensation or a fee.

  • Energy storage system means a system which stores energy and releases it in the same form as was input.

  • Stormwater management system means any equipment, plants,

  • Transportation facility means any transit, railroad,

  • Sewage system means the entire sewage treatment and subsurface disposal system;

  • Nuclear pharmacy means a pharmacy providing radio-pharmaceutical service.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • energy storage means, in the electricity system, deferring the final use of electricity to a moment later than when it was generated, or the conversion of electrical energy into a form of energy which can be stored, the storing of such energy, and the subsequent reconversion of such energy into electrical energy or use as another energy carrier;