Examples of Natural Fuels in a sentence
In Valley Natural Fuels, the court determined that an ethanol plant was not in service until it produced fuel of a quality that had a viable market.
By: ----------------------------------- Name: Title: KeySpan Natural Fuels, LLC By: ----------------------------------- Name: Title: KeySpan Northeast Ventures, Inc.
Natural Fuels will redeem the 16.37% interest in its outstanding common stock that is held by CIC through a distribution of certain unappreciated property (e.g., inventory assets, accounts receivable, etc.).
KEC, a New York corporation and wholly owned subsidiary of KeySpan, is a holding company for a variety of energy related businesses which are conducted through its five (5) direct, non-utility subsidiaries (I.C., KeySpan North East Ventures, Inc., KeySpan Energy Development Corporation, THEC Holdings Corp., KeySpan Natural Fuels, LLC and GEI Development Corp.) and indirectly through KeySpan New York's non-utility subsidiaries.2 These non-utility businesses are described herein.
I have acted as counsel for NCE, PSCo, NC Enterprises and Natural Fuels in connection with the Post-Effective Amendment and, as such counsel, I am familiar with the corporate proceedings taken by NCE, PSCo, NC Enterprises and Natural Fuels in connection with the Transaction.
Phillip Marcum, president of Marcum Natural Gas Services, said that "the transaction with Natural Fuels should be closed in early June 1997, subject to completion of due diligence and execution of definitive agreements." The disposition of all assets is expected to result in net cash proceeds of approximately $1.0 million, a portion of which will come from the sale to Natural Fuels.
As a result of these interrelated transactions, PSCo will then own, directly and indirectly through "New" Natural Fuels, all of the compressed natural gas services business of Natural Fuels, consisting of the existing refueling station operations in Colorado and Wyoming and vehicle conversion operations.
Natural Fuels will then contribute its remaining assets (including its membership interests in Natural/Total and Natural/Peoples) to two newly organized limited liability companies, which are referred to here as Natural Fuels LLC (or "NATCO") and Natural Station Equipment LLC (or "STATCO").
Enterprises will then transfer 100% of the common stock of Natural Fuels to PSCo by means of a declaration of a dividend of the shares of Natural Fuels to NCE, followed by a capital contribution of such shares by NCE to PSCo, such that Natural Fuels would become a wholly-owned subsidiary of PSCo.
PSCo will form a single-member limited liability company ("New" Natural Fuels) and then cause Natural Fuels to be merged into "New" Natural Fuels.