SHLX Zydeco Directional Drill Project Costs and Expenses definition

SHLX Zydeco Directional Drill Project Costs and Expenses means the product of (i) the amount of direct, out-of-pocket costs and expenses incurred by Zydeco from and after April 1, 2015 for the execution of the Zydeco Directional Drill Project, whether paid out of Zydeco’s cash on hand or through capital calls, and (ii) SHLX’s ownership percentage in Zydeco on the Closing Date, after giving effect to the transactions contemplated hereby. Notwithstanding the foregoing, the term “SHLX Zydeco Directional Drill Project Costs and Expenses” shall not include consequential damages and business interruption losses.
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SHLX Zydeco Directional Drill Project Costs and Expenses means the product of (a) the amount of direct, out-of-pocket costs and expenses incurred by Zydeco from and after April 1, 2016 for the execution of the Zydeco Directional Drill Project, whether paid out of Zydeco’s cash on hand or through capital calls, (plus, to the extent any such costs and expenses are incurred but not paid prior to April 1, 2016, any amounts paid by Zydeco for such incurred-but-unpaid expenses from and after such date) and (b) 30.0%. Notwithstanding the foregoing, the term “SHLX Zydeco Directional Drill Project Costs and Expenses” shall not include consequential damages and business interruption losses.
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SHLX Zydeco Directional Drill Project Costs and Expenses means the product of (a) the amount of direct, out-of-pocket costs and expenses incurred by Zydeco from and after April 1, 2016 for the execution of the Zydeco Directional Drill Project, whether paid out of Zydeco’s cash on hand or through capital calls, (plus, to the extent any such costs and expenses are incurred but not paid prior to April 1, 2016, any amounts paid by Zydeco for such incurred- but-unpaid expenses from and after such date) and (b) 30.0%. Notwithstanding the foregoing, the term “SHLX Zydeco Directional Drill Project Costs and Expenses” shall not include consequential damages and business interruption losses.
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Examples of SHLX Zydeco Directional Drill Project Costs and Expenses in a sentence

  • SPLC shall pay to SHLX an amount equal to any SHLX Zydeco Directional Drill Project Costs and Expenses within 30 days after SHLX provides notice in writing to SPLC specifying the nature of and specific basis for such SHLX Zydeco Directional Drill Project Costs and Expenses.


More Definitions of SHLX Zydeco Directional Drill Project Costs and Expenses

SHLX Zydeco Directional Drill Project Costs and Expenses means the product of (i) the amount of direct, out-of-pocket costs and expenses incurred by Zydeco from and after April 1, 2015 for the execution of the Zydeco Directional Drill Project, whether paid out of Zydeco’s cash on hand or through
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Related to SHLX Zydeco Directional Drill Project Costs and Expenses

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Direct Costs means the sum of the following:

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Operational Expenses means expenses of the clerk of court used to maintain the clerk’s office and includes, but is not limited to, (i) computer support, maintenance, enhancements, upgrades, and replace- ments and office automation and information technol- ogy equipment, including software and conversion services; (ii) preserving, maintaining, and enhancing court records, including, but not limited to, the costs of repairs, maintenance, consulting services, service contracts, redaction of social security numbers from certain records, and system replacements or upgrades; and (iii) improving public access to records maintained by the clerk, including locating technology in an offsite facility for such purposes or for implementation of a disaster recovery plan.

  • Temporary clean coal technology demonstration project means a clean coal technology demonstration project that is operated for a period of five years or less and that complies with the SIP and other requirements necessary to attain and maintain the national ambient air quality standards during the project and after the project is terminated.

  • Qualified Project Costs shall have the meaning given to it in the Regulatory Agreement.

  • Reasonable Costs means the reasonable actual costs and expenses incurred by us in carrying out any further Audit under this Contract, including, but not limited to, reasonable travel and subsistence costs;

  • Production Costs means those costs and expenditures incurred in carrying out Production Operations as classified and defined in Section 2 of the Accounting Procedure and allowed to be recovered in terms of Section 3 thereof.

  • Clean coal technology demonstration project means a project using funds appropriated under the heading “Department of Energy—Clean Coal Technology,” up to a total amount of $2,500,000,000 for commercial demonstration of clean coal technology, or similar projects funded through appropriations for the Environmental Protection Agency. The federal contribution for a qualifying project shall be at least 20 percent of the total cost of the demonstration project.

  • Acquisition Costs means all fees, costs, expenses, stamp, registration or transfer Taxes incurred by the Group in connection with the Acquisition.

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Basic generation service transition costs means the amount by

  • Transportation Costs means a component of the Charges, comprising those charges payable to the TNO and/or DNO for the use of their networks as applicable from time to time under the Industry Agreements including those charges more specifically referred to as “DUoS” and “TNUoS” and specified as “Included in the Unit Rate”, “Fixed” or “Pass-Through” in the Quotation Document or as otherwise notified to you as payable during the Supply Contract from time to time;

  • Overhead costs means the actual costs incurred or the estimated costs to be

  • FTE Costs means the product of (a) the number of FTEs (proportionately, on a per-FTE basis) used by a Party or its Affiliates in directly performing activities assigned to such Party under and in accordance with the Global Development Plan, Commercialization Plan or Medical Affairs Plan, as applicable, and (b) the FTE Rate.

  • Reasonable Additional Expenses means expenses for meals, taxi fares, essential telephone calls, local transportation, and lodging which are necessarily incurred as the result of Trip Delay and which are not provided by the Common Carrier or any other party free of charge.

  • Costs of the Project means Recipient’s actual costs (including any financing costs properly allocable to the Project) that are (a) reasonable, necessary and directly related to the Project, (b) permitted by generally accepted accounting principles to be Costs of the Project, and (c) are eligible or permitted uses of the Financing Proceeds under applicable state or federal statute and rule.

  • Cleanup costs means expenses (including but not limited to legal and professional fees) incurred in testing for, monitoring, cleaning up, removing, containing, treating, neutralizing, detoxifying or assessing the effects of Pollutants.

  • Indirect Costs has the same meaning as in 44 Ill. Admin. Code 7000.30.

  • Transportation Expense means the cost of Medically Necessary conveyance, personnel, and services or supplies.

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Transportation project means any project that the department is authorized by law to undertake including but not limited to a highway, tollway, bridge, mass transit, intelligent transportation system, traffic management, traveler information services, or any other project for transportation purposes.

  • Administrative Costs means all costs and expenses associated with providing notice of the Settlement to the Settlement Class and administering and carrying out the terms of the Settlement.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to: