Examples of NBL Midstream in a sentence
The term “Original Midstream Co” shall refer to each entity that is both a Midstream Co party to an Agreement related to the gathering of Product and is a subsidiary of OpCo. For the avoidance of doubt, OpCo has no obligations or responsibilities towards or with respect to NBL Midstream Holdings LLC.
NBL Midstream has all power and authority necessary to enter into and perform its obligations under the Transaction Documents to which it is a party.
NBL Midstream represents and warrants that it has been duly organized, is validly existing and in good standing as a limited liability company under the laws of the State of Delaware with limited liability company power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus and enter into and perform its obligations under this Agreement.
The sale and issuance of the Sponsor Units and the Incentive Distribution Rights to NBL Midstream and the General Partner Interest to the General Partner are exempt from the registration requirements of the Securities Act and securities laws of any state having jurisdiction with respect thereto, and none of the Partnership Parties has taken or will take any action that would cause the loss of such exemption.
Reference is made to the December 1, 2016 Third Amended and Restated Limited Liability Company Agreement of CONE Gathering LLC (“LLC Agreement”) and the December 14, 2017 Purchase Agreement by and among CNX Gas Company LLC, as Buyer, and NBL Midstream, LLC, as Seller (“Purchase Agreement”).
If the Partnership determines to purchase the ROFO Equity, the Partnership shall have 60 days following receipt of the ROFO Notice to propose an offer to enter into the Proposed ROFO Transaction with NBL Midstream (the “ROFO Response”).
The following sets forth the procedure for Noble and NBL Midstream to undertake to honor the right of first offer on the ROFO Equity.
The term “Original Midstream Co” shall refer to each entity that is both a Midstream Co party to an Agreement related to the storage and transportation of Fresh Water and is a subsidiary of OpCo. For the avoidance of doubt, OpCo has no obligations or responsibilities towards or with respect to NBL Midstream Holdings LLC.
In consideration of this Settlement Agreement, Noble agrees to sell to CNX 100% of NBL Midstream, LLC’s Member Interest in CONE Gathering LLC in exchange for $305,000,000 and CNX’s acceptance of the other terms contained in the Purchase Agreement.
The ROFO Notice shall include any material terms, conditions and details that would be necessary for the Partnership to make a responsive offer to enter into the Proposed ROFO Transaction with NBL Midstream, which terms, conditions and details shall at a minimum include any terms, conditions or details that NBL Midstream would propose to provide to non-Affiliates in connection with the Proposed ROFO Transaction.