DEFS definition

DEFS means Duke Energy Field Services, LLC, a Delaware limited liability company.

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DEFS means Duke Energy Field Services L.L.C., its members, managers, employees, agents, representatives, predecessors, successors, and assigns; its joint ventures, subsidiaries, divisions, groups and affiliates controlled by Duke Energy Field Services L.L.C., and the respective directors, officers, employees, agents, representatives, successors, and assigns of each.

DEFS means Duke Energy Field Services, LP, a Delaware limited partnership.

Examples of DEFS in a sentence

• Vacancies and newly created directorships resulting from any increase in the authorized number of Directors or from any other cause shall be filled by DEFS.

• Any Director may be removed, with or without cause, by DEFS at any time, and the vacancy in the Board caused by any such removal shall be filled by DEFS in accordance with the provisions of the DEFS LLC Agreement.

• The Board of Directors shall initially consist of five natural persons and, in the discretion of DEFS, may be increased to consist of up to 10 natural persons.

• DEFS has executed this Agreement as the sole member as of the date first set forth above.

• Each material contract between the Company or DCP GP, on the one hand, and DEFS or Affiliates of DEFS (other than the Company or DCP GP), on the other hand, shall be subject to the requirements of Section 7.9 of the DCP GP Agreement, and must be (x) approved by Special Approval or (y) on terms objectively demonstrable to be no less favorable to DCP GP than those generally being provided to or available from unrelated third parties, and in any event must be in writing.

More Definitions of DEFS

DEFS has the meaning set forth in the Preamble.

DEFS has the meaning given such term in the introduction to this Agreement.

DEFS means Duke Energy Field Services, LLC, a Delaware limited liability company. "DENGL" shall mean Duke Energy NGL Services, LP, a Delaware limited partnership. "DOJ" shall mean the Department of Justice of the United States.

DEFS means Duke Energy Field Services, LLC, a Delaware limited liability company. "DENGL" shall mean Duke Energy NGL Services, LP, a Delaware limited partnership. "DOJ" shall mean the Department of Justice of the United States. "Effective Time" shall mean 7:00 A.M. on the calendar day following the Closing Date; provided, however, that if Closing occurs after November 1, 2006, but on or before November 14, 2006, "Effective Time" shall mean 7:00 A.M. on November 1, 2006. "Environmental Law" shall mean any and all Laws, statutes, ordinances, rules, regulations, or orders of any Governmental Authority in existence at the Effective Time pertaining to the protection of the environment or natural resources or to Hazardous Materials in any and all jurisdictions in which the party in question owns property or conducts business or in which the Assets are located, including the Clean Air Act, the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 ("CERCLA"), the Federal Water Pollution Control Act, the Occupational Safety and Health Act of 1970 (to the extent relating to environmental matters), the Resource Conservation and Recovery Act of 1976 ("RCRA"), the Safe Drinking Water Act, the Toxic Substances Control Act, the Hazardous & Solid Waste Amendments Act of 1984, the Superfund Amendments and Reauthorization Act of 1986, the Hazardous Materials Transportation Act, the Oil Pollution Act of 1990, any state or local Laws implementing or substantially equivalent to the foregoing federal Laws, and any state or local Laws pertaining to the handling of oil and gas exploration, production, gathering, and processing wastes or the use, maintenance, and closure of pits and impoundments. 5 "Environmental Matter" shall have the meaning given such term in Section 4.4(b). "ERISA" shall mean the Employee Retirement Income Security Act of 1974, as amended. "Excess Inventory" shall mean all propane included in the Assets above the necessary minimum operating inventory, which shall be measured in accordance with Section 6.8. "Excluded Assets" shall mean all of the following: (a) All deposits, cash, checks, funds, claims for refund and accounts receivable to the extent related to the business of the LLCs prior to the Effective Time; (b) any deposits or pre-paid items attributable to the operation of the Assets; (c) the Excess Inventory; (d) Claims for refund of or loss carry forwards with respect to (i) Taxes attributable to the business of the LLCs for any per...

DEFS means Duke Energy Field Services, LLC, a limited liability company, organized, existing and doing business under and by virtue of the laws of the State of Delaware, with its offices and principal place of business located at 370 17th Street, Suite 900, Denver, Colorado 80202, its directors, officers, employees, agents and representatives.

DEFS means Duke Energy Field Services, Inc., a Delaware corporation and a direct wholly-owned Subsidiary of DEFS Holding.

DEFS. Knowledge" or the "Knowledge of DEFS" or any similar term, shall mean the actual knowledge of (i) any officer of DEFS or any of its Affiliates having a title of vice president or higher or (ii) any of the individuals listed on Schedule 1.1(k). "DEFS Property Tax" shall have the meaning given such term in Section 12.3(a).