Purchasers of Hydrocarbons definition

Purchasers of Hydrocarbons means the Persons listed on Schedule 4.1(o) attached hereto, and all other Persons who, now or may in the future, purchase Hydrocarbons attributable or allocable to Subsidiary Borrower's Working Interest in the Properties.
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Purchasers of Hydrocarbons means all Persons, including, without limitation, Lender or an Affiliate of Lender who purchase Hydrocarbons attributable or allocable to Borrower's Net Revenue Interest in the Properties.
Sample 1
Purchasers of Hydrocarbons means the Persons listed on Schedule 4.1(u) and all other Persons who, now or may in the future, purchase Hydrocarbons attributable or allocable to Borrower's Net Revenue Interest in the Properties and are reasonably approved by Lender and Borrower in writing.
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Examples of Purchasers of Hydrocarbons in a sentence

  • All of the Purchasers of Hydrocarbons produced from or allocated to the Properties, and the most recent address of each such Persons as shown in Borrower’s records, are set forth on Schedule 4.1(t).

  • Borrower shall use commercially reasonable efforts to assist Lender in obtaining, within sixty (60) days after the Closing Date, from all Purchasers of Hydrocarbons, an executed Notice of Assignment of Proceeds which will instruct the Purchasers of Hydrocarbons to remit all proceeds from sales of all production from or allocable to Borrower's respective Net Revenue Interests constituting the respective Properties to the Cash Collateral Account.

  • Following an Event of Default and until all monetary Obligations have been Indefeasibly paid in full in cash, Borrower will direct and Cause Operator, all Purchasers of Hydrocarbons and all other customers and obligors of Borrower (including all payors of Royalty Interests, net profit interests, and production payment interests) to deposit directly into the Project Account all payments of any nature due and owing to Borrower.

  • All of the Purchasers of Hydrocarbons produced from or allocated to the Properties, and the most recent address of each such Persons as shown in the Issuer's records, as of the date of this Agreement, are set forth on Schedule 4.1(u).

  • Notice of Security Interest to Borrower's Account Debtors, Purchasers of Hydrocarbons, Operators and other Obligors Exhibit 9.

  • Mandatory convertible preference shares which carry a mandatory coupon, and are redeemable at a fixed future date, are recognised under equity in the consolidated balance sheet.

  • All of the Purchasers of Hydrocarbons produced from or allocated to the Properties and all Pipeline Parties, and the most recent address of each such Persons as shown in Borrowers' records, are set forth on Schedule 4.1(u).

  • All Purchasers of Hydrocarbons relating to Borrower's Working Interests and/or Net Revenue Interests constituting the Properties will receive notification from Lender (as assignee) and Borrower, in form and substance mutually satisfactory to Lender and the Borrower, of the assignment into the Cash Collateral Account of all proceeds (the "Notice of Assignment of Proceeds") from sales of all production from or allocable to Borrower's respective Net Revenue Interests constituting the Properties.

  • Within thirty (30) days after the close of each fiscal year of the Borrower, Borrower will furnish to the Agent a list of current Purchasers of Hydrocarbons together with the address of such purchasers.

  • All of the Purchasers of Hydrocarbons produced from or allocated to the Properties, and the most recent address of each such Persons as shown in Borrower’s records and the contact information for each such Purchaser of Production, are set forth on Schedule 4.1(s), as supplemented pursuant to Section 7.1(c)(v).


More Definitions of Purchasers of Hydrocarbons

Purchasers of Hydrocarbons means the Persons listed on SCHEDULE 2.8 attached hereto, and all other Persons who, now or in the future, purchase Hydrocarbons attributable or allocable to the Borrower's Net Revenue Interests constituting the Properties and are approved by the Lender in writing.
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Related to Purchasers of Hydrocarbons

  • Hydrocarbons means oil, gas, casinghead gas, drip gasoline, natural gasoline, condensate, distillate, liquid hydrocarbons, gaseous hydrocarbons and all products refined or separated therefrom.

  • Hydrocarbon means a compound consisting of hydrogen and carbon, which, when naturally occurring, may also contain other elements such as sulphur;

  • Total hydrocarbons (THC) means the sum of all volatile compounds measurable by a flame ionization detector (FID).

  • Producers means the agents, general agents, sub-agents, brokers, wholesale brokers, independent contractors, consultants, affinity groups, insurance solicitors, producers or other Persons who sell the Insurance Contracts.

  • Hydrofluorocarbons means compounds that only contain hydrogen, fluorine, and carbon.

  • Gas means natural gas, manufactured gas, synthetic natural gas, liquefied petroleum gas or propane-air gas, or a mixture of any of them, but does not include a liquefied petroleum gas that is distributed by means other than a pipeline;

  • Condensate means hydrocarbon liquid separated from natural gas which condenses due to changes in the temperature or pressure and remains liquid at standard conditions.

  • NGLs means natural gas liquids.

  • Petroleum Substances means petroleum, natural gas, natural gas liquids, related hydrocarbons and any and all other substances, whether liquid, solid or gaseous, whether hydrocarbons or not, produced or producible in association with any of the foregoing.

  • Imbalances means over-production or under-production or over-delivery or under-delivery with respect to Hydrocarbons produced from the Properties, regardless of whether the same arise at the wellhead, pipeline, gathering system, transportation system, processing plant, or any other location, including any imbalances under gas balancing or similar agreements, production handling agreements, processing agreements, and/or gathering or transportation agreements.

  • Coal means high-grade, medium-grade and low-grade category A and B coal within the meaning of the international codification system for coal established by the United Nations Economic Commission for Europe and clarified in the Council decision of 10 December 2010 on State aid to facilitate the closure of uncompetitive coal mines;

  • High global warming potential hydrofluorocarbons means any hydrofluorocarbons in a particular end use for which EPA’s Significant New Alternatives Policy (SNAP) program has identified other acceptable alternatives that have lower global warming potential. The SNAP list of alternatives is found at 40 CFR Part 82 subpart G with supplemental tables of alternatives available at (http://www.epa.gov/snap/).

  • Shippers means the party or parties who agrees with Carrier for transportation of Petroleum.

  • Oil ’ means oil of any kind or in any form, including, but not limited to, petroleum, fuel oil, sludge, oil refuse, and oil mixed with wastes other than dredged spoil;

  • Hydrocarbon Interests means all rights, titles, interests and estates now or hereafter acquired in and to oil and gas leases, oil, gas and mineral leases, or other liquid or gaseous hydrocarbon leases, mineral fee interests, overriding royalty and royalty interests, net profit interests and production payment interests, including any reserved or residual interests of whatever nature.

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.

  • Oil and Gas Hedging Contracts means any oil and gas purchase or hedging agreement, and other agreement or arrangement, in each case, that is designed to provide protection against oil and gas price fluctuations.

  • Sellers has the meaning set forth in the preamble.

  • Production Burdens means any royalties (including lessor’s royalties), overriding royalties, production payments, net profit interests or other similar interests that constitute a burden on, and are measured by or are payable out of, the production of Hydrocarbons or the proceeds realized from the sale or other disposition thereof (including any amounts payable to publicly traded royalty trusts), but excluding Taxes and assessments of Governmental Entities.

  • Plants means live plants and live parts of plants, including fresh fruit, vegetables and seeds;

  • Oil and Gas Interests means: (a) direct and indirect interests in and rights with respect to oil, gas, mineral and related properties and assets of any kind and nature, direct or indirect, including, without limitation, working, royalty and overriding royalty interests, mineral interests, leasehold interests, production payments, operating rights, net profits interests, other non-working interests, contractual interests, non-operating interests and rights in any pooled, unitized or communitized acreage by virtue of such interest being a part thereof; (b) interests in and rights with respect to Hydrocarbons and other minerals or revenues therefrom and contracts and agreements in connection therewith and claims and rights thereto (including oil and gas leases, operating agreements, unitization, communitization and pooling agreements and orders, division orders, transfer orders, mineral deeds, royalty deeds, oil and gas sales, exchange and processing contracts and agreements and, in each case, interests thereunder), and surface interests, fee interests, reversionary interests, reservations and concessions related to any of the foregoing; (c) easements, rights-of-way, licenses, permits, leases, and other interests associated with, appurtenant to, or necessary for the operation of any of the foregoing; (d) interests in oil, gas, water, disposal and injection xxxxx, equipment and machinery (including well equipment and machinery), oil and gas production, gathering, transmission, compression, treating, processing and storage facilities (including tanks, tank batteries, pipelines and gathering systems), pumps, water plants, electric plants, gasoline and gas processing plants, refineries and other tangible or intangible, movable or immovable, real or personal property and fixtures located on, associated with, appurtenant to, or necessary for the operation of any of the foregoing; and (e) all seismic, geological, geophysical and engineering records, data, information, maps, licenses and interpretations.

  • Operators means the Access Provider and the Access Seeker collectively.

  • 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.

  • Oil and Gas Business means the business of exploiting, exploring for, developing, acquiring, operating, producing, processing, gathering, marketing, storing, selling, hedging, treating, swapping, refining and transporting hydrocarbons and other related energy businesses.

  • Pipelines has the meaning set forth in the Recitals.

  • Oil and Gas Properties means (a) Hydrocarbon Interests; (b) the Properties now or hereafter pooled or unitized with Hydrocarbon Interests; (c) all presently existing or future unitization, pooling agreements and declarations of pooled units and the units created thereby (including without limitation all units created under orders, regulations and rules of any Governmental Authority) which may affect all or any portion of the Hydrocarbon Interests; (d) all operating agreements, contracts and other agreements, including production sharing contracts and agreements, which relate to any of the Hydrocarbon Interests or the production, sale, purchase, exchange or processing of Hydrocarbons from or attributable to such Hydrocarbon Interests; (e) all Hydrocarbons in and under and which may be produced and saved or attributable to the Hydrocarbon Interests, including all oil in tanks, and all rents, issues, profits, proceeds, products, revenues and other incomes from or attributable to the Hydrocarbon Interests; (f) all tenements, hereditaments, appurtenances and Properties in any manner appertaining, belonging, affixed or incidental to the Hydrocarbon Interests and (g) all Properties, rights, titles, interests and estates described or referred to above, including any and all Property, real or personal, now owned or hereinafter acquired and situated upon, used, held for use or useful in connection with the operating, working or development of any of such Hydrocarbon Interests or Property (excluding drilling rigs, automotive equipment, rental equipment or other personal Property which may be on such premises for the purpose of drilling a well or for other similar temporary uses) and including any and all oil xxxxx, gas xxxxx, injection xxxxx or other xxxxx, buildings, structures, fuel separators, liquid extraction plants, plant compressors, pumps, pumping units, field gathering systems, tanks and tank batteries, fixtures, valves, fittings, machinery and parts, engines, boilers, meters, apparatus, equipment, appliances, tools, implements, cables, wires, towers, casing, tubing and rods, surface leases, rights-of-way, easements and servitudes together with all additions, substitutions, replacements, accessions and attachments to any and all of the foregoing.