APC Facilities definition
Examples of APC Facilities in a sentence
Prior to the date of this Agreement, APC was a wholly owned subsidiary of ENSTAR and, from time to time, (i) APC located pipelines and related facilities used in its gas transmission business ("APC Facilities") in Rights of Way held by ENSTAR and (ii) ENSTAR located pipelines and related facilities used in its gas distribution business ("ENSTAR Facilities") in Rights of Way held by APC.
As a result of the sale by ENSTAR of APC, APC and ENSTAR are no longer commonly owned, and as a result, the Parties desire to provide for the continued use by APC of Rights of Way held by ENSTAR for APC Facilities and for the continued use by ENSTAR of Rights of Way held by APC for ENSTAR Facilities on the terms and subject to the conditions set forth in this Agreement.