Magnolia Gathering System definition

Magnolia Gathering System as used herein will have the meaning given to such term in the Magnolia GGA.
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Magnolia Gathering System as used herein will have the meaning given to such term in the Magnolia GGA. The term “Magnolia Contract Year” means the one-year period of time from each September 1 continuing to August 31 of the following year. Shipper Partner and Gatherer are also parties to a like agreement covering the Magnolia Gathering System (the “Partner Magnolia GGA”), Shipper Partner and Gatherer are also parties to a like agreement covering the Olympia Gathering System (the “Partner Olympia GGA”).
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Examples of Magnolia Gathering System in a sentence

  • Gatherer will operate the Magnolia Gathering System consistent with the standards of prudent operators of gas gathering and treating systems.

  • In addition, Gatherer shall utilize commercially reasonable efforts to complete construction of the specific construction milestones for the Magnolia Gathering System detailed in the attached Exhibit D (the “Milestone Completion Dates”), which may be revised upon mutual agreement of the Preferential Capacity Shippers and Gatherer.

  • The Parties acknowledge and agree that Shipper’s successful development of the Committed Area depends upon the timely completion of the Magnolia Gathering System.

  • Liquidated Damages which may be owed by Gatherer for any Day shall be proportionately reduced based upon the proportionate volume of Shipper Gas that Gatherer can Gather and Treat on the Magnolia Gathering System under this Agreement for that particular Day to the daily capacity of the Initial Build Conditions for the Magnolia Gathering System.

  • The Parties acknowledge that Shipper and Gatherer are also parties to that certain Gas Gathering and Treating Agreement between Shipper and Gatherer dated September 1, 2009 (“Magnolia GGA”) covering the Magnolia Gathering System.

  • The Magnolia Gathering System, as constructed pursuant to this Section 5, shall comply with the “Initial Build Conditions” set forth on the attached Exhibits B and C.

  • If Shipper experiences an event of Force Majeure, Shipper shall change its nomination as quickly as possible in order to minimize imbalances on the Magnolia Gathering System, as the case may be, and the impact of Shipper’s Force Majeure condition on downstream allocations.

  • Shipper shall deliver Shipper Gas hereunder to each Receipt Point at a pressure sufficient to enter the Magnolia Gathering System at the prevailing pressures required under this Agreement, but such Gas shall not be delivered at pressures in excess of the maximum allowable operating pressure of the Magnolia Gathering System.

  • The Magnolia Gathering System shall consist of the facilities described in the attached Exhibit C and shall be constructed in accordance with the schematics, plans, time periods, and Initial Build Conditions attached as Exhibits B, C and D in compliance with all applicable laws, rules and regulations of all governmental authorities having jurisdiction.

  • By: Print or Type Name of Signatory: Its: Date: If EnCana requests expansion of the capacity of the Magnolia Gathering System of 200 MMcf per day on the West side of the Red River, the corresponding Expansion Capacity Increment Guaranty Amount will be $70 million.