Midstream Businesses definition

Midstream Businesses means gathering, transportation, fractionation, processing, marketing, and storage of natural gas, crude oil, natural gas liquids and other liquid and gaseous hydrocarbons and businesses closely related to the foregoing.
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Midstream Businesses means gathering, transportation, fractionation, processing, marketing, and storage of natural gas, crude oil, natural gas liquids and other liquid and gaseous hydrocarbons and businesses closely related to the foregoing. Midstream General Partner means Quest Midstream GP, LLC, a Delaware limited liability company, the sole general partner of the Midstream MLP prior to the Recombination, which in connection with the Recombination was merged into Quest Midstream Acquisition, LLC and its general partner interest in the Midstream MLP cancelled.
Sample 1
Midstream Businesses means either (a) gathering, transportation, treating, processing, marketing or otherwise handling Hydrocarbons, or activities or services reasonably related or ancillary thereto including, without limitation, entering into Swap Contracts to support these business, or (b) any other business that generates gross income that constitutes “qualifying income” under Section 7704(d) of the Code.
Sample 1

Examples of Midstream Businesses in a sentence

  • Engage in any line of business other than exploration, production and marketing of Hydrocarbons and related activities and the Midstream Businesses or make any capital expenditures or Permitted Acquisitions permitted by Section 7.02, except in connection therewith.

  • Midstream Businesses Pipeline and Storage Segment The Pipeline and Storage segment’s operations are carried out by National Fuel Gas Supply Corporation (“Supply Corporation”) and Empire Pipeline, Inc.

  • The DEP II Midstream Businesses contributed $22.1 million of distributable cash flow for the first quarter of 2010 compared to $21.6 million of distributable cash flow generated in the first quarter of 2009.

  • The following table presents the calculation of parent interest in the pro forma income of the DEP I Midstream Businesses for the periods indicated.

  • Of these amounts, the DEP II Midstream Businesses provided $22.0 million of distributable cash flow in the second quarter of 2010 compared to $21.7 million in the second quarter of 2009.

  • The $21.6 million of distributable cash flow from the DEP II Midstream Businesses with respect to the second quarter of 2009 represents the second consecutive full quarter that the partnership has received this level of distribution.

  • This is the third consecutive quarter that Duncan Energy Partners has received this level of cash distributions from the DEP II Midstream Businesses, and based on the partnership’s current level of ownership and the operating results of these businesses, it expects to receive at least $22 million from these businesses each quarter.

  • The partnership’s share of the distributable cash flow of its operating subsidiaries increased to $34.6 million for the third quarter of 2009 from $7.6 million for the third quarter of 2008, primarily due to its $21.6 million share of distributable cash flow from the DEP II Midstream Businesses.

  • The sum of Enterprise GTM’s equity interests in the DEP II Midstream Businesses is presented as “Parent interest in subsidiaries — DEP II” on our pro forma condensed combined balance sheets.

  • Approximately $9.2 million of the increase was attributable to the DEP II Midstream Businesses, which were acquired on December 8, 2008.

Related to Midstream Businesses

  • Retained Businesses means all businesses now, previously or hereafter conducted by Sellers or any of their Affiliates, other than the Businesses, and “Retained Business” specifically includes the Specified Retained Businesses.

  • Excluded Businesses has the meaning set forth in Schedule 1.

  • Businesses means, at any time, a collective reference to the businesses operated by the Borrower and its Subsidiaries at such time.

  • Oil and Gas Business means the business of exploiting, exploring for, developing, acquiring, operating, producing, processing, gathering, marketing, storing, selling, hedging, treating, swapping, refining and transporting hydrocarbons and carbon dioxide and other related energy businesses, including contract drilling and other oilfield services.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Company Business means the business of the Company as presently conducted.

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Micro Business means a company which either:

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • Excluded Business has the meaning set forth in Section 6.10.

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Licensed Business means the activities connected with the conveyance of

  • Permitted Businesses means the business of owning, leasing and managing gasoline stations, convenience store properties and other retail real properties (including, for the avoidance of doubt, quick service or other casual restaurants and auto service and auto parts stores), and any other single-tenant net lease business, and business activities reasonably related to the foregoing (including the creation or acquisition of any interest in any Subsidiary (or entity that following such creation or acquisition would be a Subsidiary) for the purpose of conducting the foregoing activities), in each case that are permitted for real estate investment trusts under the Code.

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Consolidated Businesses means the General Partner, the Borrower and their wholly-owned Subsidiaries.

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.