ENP Operating definition

ENP Operating means Encore Energy Partners Operating LLC, a Delaware limited liability company, a wholly owned Subsidiary of ENP.
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ENP Operating has the meaning as set forth in the opening paragraph of this Agreement.
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Examples of ENP Operating in a sentence

  • In addition, ENP Operating shall be responsible for all costs, liabilities and expenses (including court costs and reasonable attorneys’ fees) incurred in connection with the implementation of any conveyance or delivery pursuant to Article V of this Agreement.

  • Except for the transaction expenses set forth in Section 2.2, ENP Operating shall pay all expenses, fees and costs, including sales, use and similar taxes arising out of the contributions, conveyances and deliveries to be made hereunder, and shall pay all documentary, filing, recording, transfer, deed and conveyance taxes and fees required in connection therewith.

  • The Parties acknowledge that in the event the Underwriters exercise their Over-Allotment Option, the Partnership will contribute the net proceeds therefrom to ENP Operating, which will use such proceeds to repay a portion of the indebtedness outstanding under the Credit Agreement.

  • The Partnership hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to ENP Operating, its successors and assigns, for its and their own use forever, the Permian Basin Assets in exchange for a continuation of its membership interest in ENP Operating, and ENP Operating hereby accepts the Permian Basin Assets as a contribution to the capital of ENP Operating.

  • The Borrower will not, and will not permit any Subsidiary to, create or acquire any additional Subsidiary unless the Borrower gives written notice to the Administrative Agent of such creation or acquisition and complies with Section 8.14(b) and Section 8.14(c); provided however, that the Borrower and any Wholly-Owned Subsidiary may create a Subsidiary to be used in connection with the merger by the Borrower or any Subsidiary with ENP, ENP Operating or any of their respective Subsidiaries.

  • The Partnership hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to ENP Operating, its successors and assigns, for its and their own use forever, the Permian Basin Assets in exchange for a continuation of its membership interest in ENP Operating, and ENP Operating hereby accepts the Permian Basin Assets as a contribution to the capital of ENP Operating; provided, however, that the Excluded Wellbores set forth on Schedule B are hereby excepted from this Agreement.

Related to ENP Operating

  • Farm operation means any activity conducted solely or primarily for the production of one or more agricultural products or commodities, including timber, for sale or home use, and customarily producing such products or commodities in sufficient quantity to be capable of contributing materially to the operator's support.

  • co-operative means a co-operative registered in terms of section 7 of Cooperatives Act, 2005 (Act No. 14 of 2005)

  • Operating or "Operation" means to provide (or the provision of) all the operation, engineering, purchasing, repair, supervision, training, inspection, testing, protection, use, management, improvement, replacement, refurbishment, retirement, and maintenance activities associated with operating the Generating Facility in accordance with Prudent Electrical Practices.

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

  • Operating Area means those areas on-shore in India in which company or its affiliated company may from time to time be entitled to execute such services/operations.