Third Party Production definition

Third Party Production means Oil, Gas, water, and all associated substances produced from sources other than the Magnolia Leases or the Satellite Leases, and processed and handled on the Magnolia TLP or owned by Third Parties.
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Third Party Production means Oil, Gas, water, and all associated substances produced from sources other than the Host Leases or the Satellite Leases, and processed and handled on the Host.
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Third Party Production means production that is processed in a plant subject to this Standard where the production comes from in-situ wells of another operator or from another mine of the same operator;
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Examples of Third Party Production in a sentence

  • This Agreement shall become effective immediately and shall remain in effect for so long as Shipper continues to purchase natural gas from any Third Party Production Source identified in Exhibit A or until either Shipper or Gatherer elects to terminate the same by ninety (90) advance written notice or until this Agreement is otherwise terminated as provided herein.

  • Company employees shall be eligible to participate in all benefit plans in which similarly situated employees of Parent are eligible to participate.

  • Gatherer recognizes that Shipper's arrangements with the Third Party Production Sources may be discontinued at any time and relieves Shipper of any obligation to continue deliveries from any Third Party Source whose sales to Shipper have been terminated.

  • Although Shipper shall retain title to Production as provided in this Section 16.3, Gatherer shall have the right to commingle Production delivered by Shipper with Third Party Production.

  • As consideration for gathering Shipper's Gas, Shipper shall pay to Gatherer those fees identified on Exhibit A for each of the Third Party Production Sources.

  • For the avoidance of doubt, Gatherer shall have the right at any time to add additional High Pressure gathering pipelines to the Gathering System as it deems necessary or appropriate to provide the Services and such services as it is providing in respect of Third Party Production.

  • For the avoidance of doubt, Gatherer shall have the right at any time to add additional compressor stations to the Gathering System, and to add compression capacity at any System Compressor Station in addition to the capacity that Shipper has directed to be installed at such System Compressor Station, as it deems necessary or appropriate to provide the Services and such services as it is providing in respect of Third Party Production.

  • As consideration for gathering Shipper’s Gas, Shipper shall pay to Gatherer those fees identified on Exhibit A for each of the Third Party Production Sources.

  • Gatherer recognizes that Shipper’s arrangements with the Third Party Production Sources may be discontinued at any time and relieves Shipper of any obligation to continue deliveries from any Third Party Source whose sales to Shipper have been terminated.

  • The Magnolia Owners agree to process and handle Satellite Production at volume rates in excess of Firm Capacity to the extent that Magnolia TLP Ullage exists (“Interruptible Capacity”); provided, however, utilization of Magnolia TLP Ullage for Satellite Production handling will not result in any curtailment of Magnolia TLP Production or Third Party Production being processed and handled on the Magnolia TLP on a firm basis.