Orphan Pipeline Fund definition

Orphan Pipeline Fund means a not-for-profit organization to be established pursuant to a statute of the Parliament of Canada whose purpose includes paying for the cost to Abandon a pipeline constructed or operated under a statute of the Parliament of Canada;
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Orphan Pipeline Fund means a not-for-profit organization established pursuant to a statute of the Parliament of Canada the purpose of which includes paying any part of the cost to Abandon, Deactivate, and Decommission a pipeline constructed or operated under a statute of the Parliament of Canada. Person: includes a partnership. Pipeline: shall have the meaning ascribed thereto in Appendix A hereof.
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Orphan Pipeline Fund means a not-for-profit organization to bethat will be established pursuant to a statute of the Parliament of Canada and will maintain funds for the purposes of funding the reclamation of abandoned pipelines in Canada consistent with the NEB’s reasons for Decision MH-001-2013whose purpose includes paying for the cost to Abandon a pipeline constructed or operated under a statute of the Parliament of Canada;
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Examples of Orphan Pipeline Fund in a sentence

  • If property remains in the Fund after all Reclamation Obligations of the Beneficiaries are discharged, then the Trustee, with the approval of the Tribunal, may distribute the Fund or any part thereof among any of the Beneficiaries and Orphan Pipeline Fund, or, where such is the case, a single Beneficiary and the said Orphan Pipeline Fund, as the Trustee in its sole discretion sees fit.

  • If property remains in the Fund after all Reclamation Obligations of the Beneficiaries are discharged, then the Trustee, with the approval of the Tribunal, may distribute the Fund or any part thereof among any of the Beneficiaries (including the Company), or the Orphan Pipeline Fund, or, where such is the case, a single Beneficiary and the said Fund, as the Trustee in its sole discretion sees fit.

  • In order to evaluate the performance of the portfolio strategies introduced in Section 2.3 we implement for each model specification recursive trading schemes.

  • If Property remains in the Trust Fund after all Reclamation Obligations are discharged, then the Trustee, with the approval of the NEB, may distribute the Trust Fund or any part thereof among any of the Beneficiaries, including the Orphan Pipeline Fund, or, where such is the case, a single Beneficiary and the said Orphan Pipeline Fund as the Trustee in its sole discretion sees fit.

  • If Trust is terminated pursuant to Section 13.2 and Property remains in the Fund after all Reclamation Obligations of the Beneficiaries has been completed and paid for, then the Trustee, with the approval of the NEB, may distribute the Fund or any part thereof among any of the Beneficiaries and if applicable, the Orphan Pipeline Fund, or, where such is the case, a single Beneficiary and the said Orphan Pipeline Fund, selected by the Trustee as the Trustee in its sole discretion sees fit.

  • If property remains in the Fund after all Reclamation Obligations of the Beneficiaries are discharged as finally determined by the Tribunal, then the Trustee, with the approval of the Tribunal, may distribute the Fund or any part thereof among any of the Beneficiaries and the Orphan Pipeline Fund as the Trustee in its sole discretion sees fit, or, where such is the case, a single Beneficiary and the Orphan Pipeline Fund.

  • If property remains in the Fund after all Reclamation Obligations of the Beneficiaries are discharged as finally determined by the Tribunal, then the Trustee, with the approval of the Tribunal, may distribute the Fund or any part thereof among any of the Beneficiaries and the Orphan Pipeline Fund as the Trustee in its sole discretion sees fit, or, where such is the case, a single Beneficiary and the saidOrphan Pipeline Fund.

  • If Property remains in the Trust Fund after all Reclamation Obligations are discharged, then the Trustee, with the approval of the NEB, may distribute the Trust Fund or any part thereof among any of the Beneficiaries, including thean Orphan Pipeline Fund, or, where such is the case, a single Beneficiary and the said Orphan Pipeline Fund as the Trustee in its sole discretion sees fit.

  • In summary, Cochin and Trans Mountain propose the following modifications to the NEB's approved version of the PRT Agreement:  Sections 1.1 "Beneficiary" and 13.2.6 – Given the definition of "Orphan Pipeline Fund" (i.e., "…a not-for-profit organization established pursuant to a statute of the Parliament of Canada…"), the definition of "Beneficiary" in section 1.1 has been amended to refer to "an" Orphan Pipeline Fund, rather than "the" Orphan Pipeline Fund.

  • If property remains in the Fund after all Reclamation Obligations of the Company with respect to the Site are discharged, then the Trustee, with the approval of the Tribunal, shall distribute the Fund among some one or more of the Company and Orphan Pipeline Fund, and in such proportions, as the Trustee in its absolute discretion determines.

Related to Orphan Pipeline Fund

  • Pipeline means any pipe, pipes, or pipelines used for the intrastate transportation or transmission of any solid, liquid, or gaseous substance, except water.

  • Nitrogen oxides means nitric oxide and nitrogen dioxide, expressed as nitrogen dioxide (NO2);

  • service pipe means a pipe which is part of a water installation provided and installed on any premises by the owner or occupier and which is connected or to be connected to a connection pipe to serve the water installation on the premises;