Examples of Xxxxxx Gathering in a sentence
Such investment banking firm will determine the fair market value of the Xxxxxx Gathering System within 30 days of its engagement and furnish Xxxxxx and the General Partner its determination.
Failure to provide such notice within such 30-day period shall be deemed to constitute a decision not to purchase the Xxxxxx Gathering System.
Within 30 days following receipt of such notice by Xxxxxx, Xxxxxx shall propose to the Partnership Group Member, in writing, a fair market value for the Xxxxxx Gathering System, taking into account the terms of sale contained herein.
Any notice, statement or xxxx provided for in this Agreement, or any notice which either party may desire to give to the other, shall be in writing and shall be duly delivered when mailed, postage prepaid, by either registered, certified, or first class mail, to the post office address of either of the parties hereto, as the case may be, as follows: BUYER: Xxxxxx Gathering Company 000 Xxxxxx Xxxx Xxxxx, Xxx.
Xxxxxxx 00, 000X 00X XXXx Xxxxxxxx Xxxxx: ONEOK Xxxxxx Pipeline, LLC Xxxxxxx 00, 000X 00X Xxxxxxxx Xxxxxxxx Xxxxx: Kinder / Xxxxxx Gathering System Xxxxxxx 0, 000X 00X Xxxxxxxx Xxxxxxxx Xxxxx: ONEOK Rocky Mountain Gathering Section 3, 151N 98W * Other Delivery Points as mutually agreed to by the Parties.
Once the investment banking firm submits its determination of the fair market value of the Xxxxxx Gathering System, the Partnership Group Member will have the right, but not the obligation, subject to the approval of the Conflicts Committee, to purchase the Xxxxxx Gathering System on the terms as modified by the determination of the investment banking firm.
The decision to purchase the Xxxxxx Gathering System, the fair market value to be paid for the Xxxxxx Gathering System and the other terms of the purchase shall be approved by the Conflicts Committee.
If the Partnership Group Member and Xxxxxx are unable to agree on the fair market value of the Xxxxxx Gathering System within 30 days after the Partnership Group Member’s receipt of Xxxxxx’x proposal, the Partnership Group Member and Xxxxxx will engage a mutually-agreed-upon investment banking firm to determine the fair market value of the Xxxxxx Gathering System.
The Company has good and indefeasible title to the Xxxxxx Gathering System and good and valid title to, or a valid leasehold interest in, as applicable, all of its other assets reflected on the Unaudited Financials or acquired after the date thereof, free and clear of all Liens except statutory liens for the payment of current taxes that are not yet delinquent and which do not affect the properties or assets of the Company in any material respect.
Xxxxxx Segregation: Tanks No. 340 and 818 at Xxxxxx Station shall be segregated and shall only receive crude commonly known as high gravity sour crude from the Xxxxxx Gathering System and the Northwest Seminole System.