MLP Operating definition

MLP Operating means Chesapeake MLP Operating, L.L.C. (formerly known as “Chesapeake Midstream Partners, L.L.C.”), a Delaware limited liability company.
MLP Operating means Chesapeake MLP Operating, L.L.C., a Delaware limited liability company.
MLP Operating is defined in the preamble.

Examples of MLP Operating in a sentence

  • Xxxx Xxxxx Title: Chief Executive Officer EXECUTED by Chesapeake MLP Operating, L.L.C. for the limited purposes provided in Section 7.23.

  • This Exhibit A is attached to the Amended and Restated Employee Secondment Agreement (the “Agreement”) dated as of the Effective Time by and among Chesapeake Energy Corporation, Chesapeake Midstream Management, L.L.C., Chesapeake Midstream GP, L.L.C. and Chesapeake MLP Operating, L.L.C. All defined terms used herein shall have the same meaning as set forth in the Agreement.

  • EXHIBIT B TO THE AMENDED AND RESTATED EMPLOYEE SECONDMENT AGREEMENT This Exhibit B is attached the Amended and Restated Employee Secondment Agreement (the “Agreement”) dated as of the Effective Time, by and among Chesapeake Energy Corporation, Chesapeake Midstream Management, L.L.C., Chesapeake Midstream GP, L.L.C. and Chesapeake MLP Operating, L.L.C. All defined terms used herein shall have the same meaning as set forth in the Agreement.

  • The Parties acknowledge (i) the payment by the Partnership, in connection with the transactions contemplated hereby, of estimated transaction expenses in the amount of approximately $3.5 million (exclusive of the Underwriters’ Spread) and (ii) subject to Section 3.1, the contribution of the balance of the proceeds from the Offering to MLP Operating as a capital contribution, to be used to retire the OLLC Debt and reserve the balance for future partnership purposes.

  • Bulk Ships has good and valid title to the Luxmar and Maremar Interests and the OSG MLP Operating Company Interest, free and clear of all mortgages, liens, security interests, covenants, options, claims, restrictions, or encumbrances of any kind.

  • Notwithstanding the foregoing, effective as of the Transfer Date, Access MLP Operating, L.L.C. or one of its Affiliates, shall assume the Chesapeake Midstream Management Incentive Compensation Plan, as amended and restated, in accordance with that certain MICP Assumption Agreement attached hereto as Exhibit J.

  • Xxxx Xxxxx Title: Chief Executive Officer EXECUTED by Chesapeake MLP Operating, L.L.C. for the limited purposes provided in Section 6.22.

  • Prior to the Closing Date, the Seller shall take or cause to be taken any and all such actions as are necessary to provide that each employee set forth on Schedule 4.14 hereto (the “Seconded Employees”) shall be added to Exhibit A as a “seconded employee” under that certain Amended and Restated Employee Secondment Agreement entered into by, among others, certain Chesapeake Entities and Access MLP Operating, L.L.C., as amended (the “Employee Secondment Agreement”), effective as of the Closing.

  • The Partnership’s operations are conducted by its subsidiaries through its primary operating company subsidiary, Access MLP Operating, L.L.C., a direct 100 percent owned subsidiary of the Partnership.

  • Xxxx Xxxxx Fax: (000) 000-0000 and Attn: Nick Dell’Osso Fax: (000) 000-0000 and if to the Company, the Partnership and/or MLP Operating, to: Chesapeake Midstream GP, L.L.C. 000 XX Xxxxx Xxxxxxxxx Xxxxxxxx Xxxx, Xxxxxxxx Attn: J.

Related to MLP Operating

  • Operating or "Operation" means to provide (or the provision of) all the operation, engineering, purchasing, repair, supervision, training, inspection, testing, protection, use, management, improvement, replacement, refurbishment, retirement, and maintenance activities associated with operating the Generating Facility in accordance with Prudent Electrical Practices.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Operating Area means those areas on-shore in India in which company or its affiliated company may from time to time be entitled to execute such services/operations.

  • PJM Operating Agreement means the Amended and Restated Operating Agreement of PJM or the successor, superseding or amended versions of the Amended and Restated Operating Agreement that may take effect from time to time.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Partnership Group Member means any member of the Partnership Group.

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

  • MLP GP means any general partner of any MLP and any general partner of the general partner of any MLP.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Partnership Group means the Partnership and its Subsidiaries treated as a single consolidated entity.

  • Net Operating Cash Flow means the net cash flow to the Partnership resulting from ownership and operation of the Partnership Property, plus any other items of income received in cash by the Partnership less (i) all debts and expenses paid in the operation of the Partnership, (ii) any reserves which the General Partners deem reasonably necessary for the operation of the Partnership or for the satisfaction of obligations of the Partnership pursuant to Section 8.6, and (iii) all proceeds which are (A) received by the Partnership from the Transfer of Partnership Property, and (B) used to purchase or reserved, as determined by the General Partners in furtherance of their fiduciary duties hereunder and under the Act, for the purchase of other Partnership Property.

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

  • Company Operating Agreement means the Restated Operating Agreement of the Company dated August__, 2019, as amended from time to time.

  • Market Operator means a person or persons who manages and/or operates the business of a regulated market. The market operator may be the regulated market itself;

  • Network Operating Agreement means an executed agreement that contains the terms and conditions under which the Network Customer shall operate its facilities and the technical and operational matters associated with the implementation of Network Integration Transmission Service under Tariff, Part III. Network Operating Committee:

  • Operating Entities means, from time to time, the Persons in which the Holding Entities, directly or indirectly, hold interests and that (i) directly hold real estate assets, or (ii) indirectly hold real estate assets but all of the interests of which are not held, directly or indirectly, by the Holding Entities, other than, in the case of each of (i) and (ii), any Person in which the Holding Entities, directly or indirectly, hold interests for investment purposes only of less than 5% of the outstanding equity securities of that Person;

  • Operating Period means the period commencing from the Commercial Operation Date, until the last day of the Term of this Agreement or date of earlier termination of this Agreement in accordance with Article 2 of this Agreement;

  • Operating Entity means an entity that operates and controls a portion of the bulk transmission system with the goal of ensuring reliable energy interchange between generators, loads, and other operating entities.

  • Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.