Pipelines and Facilities definition
Examples of Pipelines and Facilities in a sentence
To the Knowledge of the Company, the Pipelines and Facilities are in such working order and state of repair (subject to ordinary wear and tear, maintenance and repairs made in the Ordinary Course of Business, and provided that various expansion projects will be in progress as of the Closing), as to be adequate taken as a whole, in all material respects, for normal operations consistent with the Company’s and Company Subsidiaries’ current practices and operations.
The Company and the Company Subsidiaries, as applicable, have good and valid title to all of the material Pipelines and Facilities free and clear of all Liens other than Permitted Liens.
The Target Companies, as applicable, have good and valid title to all Personal Property, Pipelines and Facilities (to the extent the Facilities constitute personal property) free and clear of all Liens other than Permitted Liens.
When, in CPSC's judgment, CPSC has completed the Pipelines and Facilities in a condition to be placed in service, CPSC shall conduct a hydrostatic pressure test in accordance with the Design and Specifications.
CPSC shall use its best efforts to obtain all necessary rights of way and design, engineer, construct, test and obtain permits for the Pipelines and Facilities so that the Substantial Completion Date is no later than May 1, 1999.
Project Company shall construct the Facilities in accordance with the approved work plan, all Law (as defined below), and Pipeline Owner Guidelines for Development Around NuStar Pipelines and Facilities stated on Exhibit “B”, attached hereto and incorporated by reference in this Agreement.
There is no pending or, to Seller’s Knowledge, any threatened condemnation, eminent domain or administrative actions affecting any Pipelines and Facilities, any Company Leased Real Property, Company Owned Real Property or any portion thereof, except as would not have and would not reasonably be expected to have a Material Adverse Effect.
In this regard, CPSC shall furnish to POC access at all reasonable times to all pipe and other materials to be used in the construction of the Pipelines and Facilities and to the work of construction of the Pipelines and Facilities whenever work is in progress, in order that POC may examine and inspect the pipe and other materials and observe the work and may assure itself that the terms of the Design and Specifications are being met.
CPSC covenants that CPSC will acquire and maintain ------------------ all permits required by CPSC to own and operate the Pipelines and Facilities.
POC shall have the right to conduct such inspections of the pipe and other materials to be used in the construction of the Pipelines and Facilities and of the work at its sole cost, risk and expense.