Phase I Facilities definition
Examples of Phase I Facilities in a sentence
In order to properly reflect the business agreement by and among the Members, the intent of the allocations in this Section 5.1 is to (i) treat each Member as if the Capital Contributions of the Manta Ray Phase I Facilities and the Boxer Line were made on the Reconciliation Date and (ii) solely for Capital Account maintenance and federal income tax purposes income received from Manta Ray and Nautilus shall be allocated as if derived from the operations of the Company.
The excess of the Manta Ray Phase I Facilities' adjudged value over the Carrying Value of the Manta Ray Phase I Facilities immediately before the Reconciliation Date (the "Leviathan Reconciliation Date Income") and the excess of the Boxer Line's adjudged value over the Carrying Value of the Boxer Line immediately before the Reconciliation Date (the "Shell Reconciliation Date Income") shall be allocated in accordance with Section 5.1(c).
The Sellers have no Knowledge that the amount of Native Gas in the Phase I Facilities is less than approximately 509,017 decatherms.
Subject to Section 7.17, after the Closing, eCORP may publish articles or other materials, or participate in the publication of articles or other materials, relating to the architectural and engineering design of the Phase I Facilities.
In addition, the Purchasers acknowledge that the operation of the Phase I Facilities after the Closing will require the Companies to comply with certain Permits relating to the Phase I Facilities, some of which contain architectural and landscaping (including tree planting) terms and conditions.
The Companies have good and marketable title, not subject to any Lien other than Permitted Liens, to the Native Gas in the Phase I Facilities.
The Purchasers acknowledge that as of the Closing, the Sellers will no longer be responsible for furnishing personnel in connection with the operation of the Phase I Facilities or the development of Phase II.
CP00-61, CP00-62 and ▇▇▇▇-▇▇, ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ Oil and Gas Company LLC, 94 FERC ¶61,194 (2001), CNYOG was granted a certificate of public convenience and necessity authorizing it to construct and operate the Phase I Facilities, which are subject to FERC’s jurisdiction.
District and SHF agree that the total cost of the Phase I Facilities was $1,597,425.75, and that of this amount, $276,088.44 is allocable to Unit 6 and $1,321,337.▇▇ ▇▇ allocable to the Benefited Properties.
District and SHF further acknowledge that the Phase I Facilities are oversized facilities which will benefit lands both inside and outside the boundaries of Unit 6.