Deep Basin Partnership definition

Deep Basin Partnership means the Alberta general partnership created pursuant to the Deep Basin Partnership Agreement.
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Deep Basin Partnership or “DBP” means Harvest’s upstream joint venture with KERR formed on April 23, 2014.
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Deep Basin Partnership means Harvest’s upstream joint venture with KERR Canada Co. Ltd. (“KERR”) formed on April 23, 2014. As at December 31, 2014, Harvest owned 467,386,000 of common shares in Deep Basin Partnership representing approximately 77.8% equity interest.
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Examples of Deep Basin Partnership in a sentence

  • Excludes volumes from Harvest’s equity investment in the Deep Basin Partnership.

  • Excludes volumes from Harvest's equity investment in the Deep Basin Partnership.

  • The US GAO reports refer regularly to communications with SEC staff.

  • On October 1, 2015, the property, plant & equipment and exploration and evaluation assets were contributed to the Deep Basin Partnership (see note 12 – Investment in Joint Ventures and note 9 – PP&E).

  • HKMS was formed for the purposes of constructing and operating a gas processing facility, which is now primarily used to process the gas produced from the properties owned by the Deep Basin Partnership.

  • For so long as the Borrower is required to calculate a borrowing base value of the Deep Basin Partnership's proven developed producing reserves in accordance with the definition of Net Deep Basin Redemption Price, the Borrower will deliver to the Agent an annual reserve report prepared by an independent engineering firm in respect of the proven developed producing Oil and Gas Properties owned by the Deep Basin Partnership and dated not earlier than December 31 of the immediately preceding year.

  • Total debt consists of senior debt, senior notes, plus an incremental net amount of $112.0 million representing the implied redemption obligation owed to KERR by the Deep Basin Partnership.

  • If the acquisition had been completed on the first day of 2015, Harvest’s revenues for the year ended December 31, 2015 would have been $0.5 million higher and revenues less operating and transportation expenses would have been $0.3 million higher.On October 1, 2015, the property, plant & equipment and exploration and evaluation assets were contributed to the Deep Basin Partnership (see note 12 – Investment in Joint Ventures and note 9 – PP&E).

  • HKMS was formed for the purposes of constructing and operating a gas processing facility, which will be primarily used to process the gas produced from the properties owned by the Deep Basin Partnership.

  • Investments in Joint VenturesOn April 23, 2014, Harvest entered into the Deep Basin Partnership (“DBP”) and HK MS Partnership (“HKMS”) joint ventures with KERR.


More Definitions of Deep Basin Partnership

Deep Basin Partnership means Harvest’s upstream joint venture with KERR formed on April 23, 2014. As at December 31, 2014, Harvest owned 467,386,000 of common shares in Deep Basin Partnership representing 77.81% in equity interest.
Sample 1
Deep Basin Partnership or “DBP” means Harvest’s upstream joint venture with KERR Canada Co. Ltd. (“KERR”) formed on April 23, 2014. As at December 31, 2017, Harvest owned 632,091,512 of common partnership units in Deep Basin Partnership representing an approximately 82.59% equity interest.
Sample 1
Deep Basin Partnership or “DBP” means Harvest’s upstream joint venture with KERR Canada Co. Ltd. (“KERR”) formed on April 23, 2014. As at December 31, 2019, Harvest owned 672,883,151 of common partnership units in Deep Basin Partnership representing an approximately 83.47% equity interest.
Sample 1
Deep Basin Partnership or “DBP” means Harvest’s upstream joint venture with KERR Canada Co. Ltd. (“KERR”) formed on April 23, 2014. As at December 31, 2015, Harvest owned 595,581,234 of common partnership units in Deep Basin Partnership representing an approximately 81.71% equity interest.
Sample 1

Related to Deep Basin Partnership

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • GP means Gottbetter & Partners, LLP.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Operating Partnership has the meaning set forth in the preamble.

  • Limited liability partnership or “LLP” shall mean a Company governed by Limited Liability Partnership Act 2008 or as amended;

  • Foreign partnership means an association of two or more persons to carry on as co-owners of a

  • Foreign limited partnership means a partnership formed under laws other than of this state and having as partners one or more general partners and one or more limited partners.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Domestic partnership means an association of two or more persons to carry on as co-owners a

  • General Partner means the general partner of the Partnership.

  • Limited partnership means a limited partnership registered or formed under any law in force in Singapore or elsewhere;

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Partnership has the meaning set forth in the Preamble.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Subsidiary Partnership means any partnership of which the partnership interests therein are owned by the General Partner or a direct or indirect subsidiary of the General Partner.

  • Public-private partnership means an arrangement or agreement, occurring on or after January 1, 2017, between a procurement unit and one or more contractors to provide for a public need through the development or operation of a project in which the contractor or

  • Foreign limited liability partnership means a partnership that:

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned or represented by any Partnership Interest.

  • Section 385 Controlled Partnership has the meaning set forth in Treasury Regulation Section 1.385-1(c)(1) for a “controlled partnership”.

  • Disqualified Partnership Any domestic entity classified as a partnership under the Code if any of its direct or indirect beneficial owners (other than through a U.S. corporation) are (or, under the applicable partnership agreement, are permitted to be) Disqualified Non-United States Tax Persons.

  • LP means the aggregate quantity of Lost Production during such Month (expressed in MWh) and

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.