Pipeline Property definition

Pipeline Property means Property of the Pipeline Subsidiaries owned in connection with transportation of petroleum via pipeline or storage of petroleum at terminals.
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Pipeline Property means real property owned or leased solely for the purpose of operating or maintaining a pipeline through such real property; provided that such real property does not include any storage terminal, processing equipment or other personal property components of any related gathering system.
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Pipeline Property means any property that was in the REIT Group’s formal Compensation Committee Chairperson-approved acquisition pipeline (“Acquisition Pipeline”) as of the of termination of Executive’s employment and for which one of the following conditions existed as of such date: (i) the REIT Group had, as of the date of Executive’s termination, entered into a letter of intent, mutual term sheet, purchase agreement with respect to such property executed by the seller of the property, or the property was entered into the Approved Pipeline, and such letter of intent, mutual terms sheet, or purchase agreement did not terminate or expire, nor was such property removed from the Approved Pipeline, prior to Executive’s termination, or (ii) the Compensation Committee of the Board (as in effect immediately prior to the Change in Control) otherwise determines that closing of the acquisition of such property is reasonably likely to occur. The term “Approved Pipeline” shall mean any property provided by Executive to the REIT’s Compensation Committee Chairperson via email by the fifth day of each month for review and approval, and which shall be reviewed by the Compensation Committee Chairperson within three (3) business days thereof. Any disputes relating to the approval of any property as part of the Approved Pipeline must be resolved between Executive and the REIT’s Compensation Committee Chairperson no later than 10 days following Executive’s written notice 31131106v1
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Examples of Pipeline Property in a sentence

  • Nor can the Development Property or Minimum Improvements be used as centrally assessed property (including but not limited to, Iowa Code § 428.24 to 428.29 (Public Utility Plants and Related Personal Property); Chapter 433 (Telegraph and Telephone Company Property); Chapter 434 (Railway Property); Chapter 437 (Electric Transmission Lines); Chapter 437A (Property Used in the Production, Generation, Transmission or Delivery of Electricity or Natural Gas); and Chapter 438 (Pipeline Property)).

  • Based on the foregoing, the trial court concluded that the “paving on the Pipeline Property is permitted” and that all of plaintiffs’ access, circulation, and parking uses are allowed under the deed.

  • Alberta Clipper Pipeline Property Taxes A portion of the rates we charge our customers includes an estimate for annual property taxes.

  • Simultaneous with the execution of this Agreement, the Company shall sell to Employee 70,477 shares (the "Shares") of Common Stock at a price per of $0.17 per Share, which is the current fair market value per share.

  • Subject to the terms of the Pipeline Agreement, CAPREIT will have the right to require the REIT to acquire a Pipeline Property (the “Pipeline Put Option”) and the REIT have the right to require CAPREIT to sell the Pipeline Property to the REIT (the “Pipeline Call Option”) at a price stipulated in the Pipeline Agreement.

  • The trial court then addressed plaintiffs’ remaining uses on the pipeline property, describing them as: “the parking area between the two entries from California Street, the line of parking stalls on the Pipeline Property that can be entered from the Target parking lot that is to the south, and the pavement and line of parking stalls between Wheel Works and Target’s main parking lot.” The court reasoned that applying the plain meaning of the deed did not resolve whether those uses were authorized.

  • The trial court broadly concluded that “the paving on the Pipeline Property is permitted.” But whether paving is allowed does not address the specific questions before the trial court: whether plaintiffs’ actual uses of the pipeline property are authorized under the second reservation.

  • Nor can the Development Property be used as centrally assessed property (including but not limited to, Iowa Code § 428.24 to 428.29 (Public Utility Plants and Related Personal Property); Chapter 433 (Telegraph and Telephone Company Property); Chapter 434 (Railway Property); Chapter 437 (Electric Transmission Lines); Chapter 437A (Property Used in the Production, Generation, Transmission or Delivery of Electricity or Natural Gas); and Chapter 438 (Pipeline Property)).

  • The entire unpaid and outstanding principal of the Line of Credit shall be due and payable in full on or before the second (2nd) anniversary of the expiration or earlier termination of the Pipeline Property Term (and such repayment obligation shall survive the termination of this Agreement and each Closing under a Pipeline Property Contribution Agreement).

  • NHP and the Operating Partnership shall give written notice to PMB LLC of its initial approval (each, an “Initial Approval Notice”) or its rejection (each, a “Preliminary Rejection Notice”) of such Pipeline Property on or before the expiration of the applicable Preliminary Acceptance Period.


More Definitions of Pipeline Property

Pipeline Property means the pipelines, gathering lines, and flow lines owned or held for use by the Companies, together with all meters, equipment, pumps, compressors, loading racks, buildings and other fixtures and facilities owned or held for use in association therewith, together with the Easements, Owned Real Property and Leased Real Property upon which the foregoing are located.
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Pipeline Property means any natural gas processing plant, compression station or terminal acquired by a Loan Party after the Closing Date for use in the Loan Parties’ Midstream Activities.
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Pipeline Property. “ shall mean any property that PMB LLC or its affiliate intends to develop (or has commenced development) into a MOB during the “Pipeline Property Term” (as hereinafter defined).
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Related to Pipeline Property

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • Improved property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II hereof.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Property, Plant and Equipment means any item of real property, or any interest therein, buildings, improvements and machinery.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Leased Properties means all real property and interests in real property leased by the Company or one of its Subsidiaries.

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Leasehold Interests means all of each Loan Party’s right, title and interest in and to, and as lessee of, the premises identified as leased Real Property on Schedule 4.4 hereto.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • Project site, where applicable, means the place indicated in bidding documents.