Everflow definition

Everflow means Everflow Eastern Partners, L.P., a Delaware limited partnership.
View Source

Examples of Everflow in a sentence

  • The Company shall reimburse the Manager for any expenses it incurs in connection with the business and affairs of the Company and shall cause Everflow to reimburse the Manager for any expenses it incurs in connection with the business and affairs of Everflow.

  • Accordingly, such value shall be calculated as a percentage interest in Everflow and be paid to the Withdrawing Member in such number of Units (which also represent a percentage interest in Everflow) as shall equal the indirect percentage interest of the Withdrawing Member in Everflow.

  • The value of the Withdrawing Member’s Interest shall be equal to the percentage interest such Withdrawing Member’s Interest represents in Everflow.

  • To the extent that Buyer or its affiliates elects to construct such pipelines or facilities, Buyer and Everflow agree to negotiate in good faith a mutually agreeable market rate transportation, processing and treatment agreement regarding the transportation, processing and treatment by Buyer (or its affiliate) of Everflow’s proportionate share of any gas, oil, liquids or other hydrocarbons produced from any well in which Everflow has exercised its RTP.

  • An election by Everflow to exercise its RTP shall be an election to participate in both the drilling and completion operations set forth in the Authority for Expenditure and Everflow shall tender its share of the estimated costs within thirty (30) days of electing to participate.

  • Upon the occurrence of the events described in the previous sentence, the substitute Member shall still be admitted to the Company but shall be obligated to make such capital contribution to Everflow as the Manager shall determine (any such transfer as heretofore described in this Section 11.2(e) shall also be deemed a “Permitted Transfer” for purposes of this Article VIII).

  • Any subsequent Closing contemplated by Section 4.04(f) shall take place at the offices of Everflow as soon as reasonably practicable under the circumstances.

  • The RTP shall be exercised in the following manner; Buyer shall provide Everflow a written drilling and unit proposal containing an Authority for Expenditure setting forth the estimated drilling and completion costs of the well and a description of the proposed drilling or spacing unit, Everflow shall then have ten (10) days after receipt of such proposal in which to elect to exercise its RTP.

  • Operating Agreement February 24, 1997 Everflow Eastern Partners, L.P. Viking Resources Corp.

  • Once Everflow has tendered the well costs referenced in 16.03(a) and the appropriate per acre consideration, Buyer shall assign to Everflow an undivided 5% working interest in that portion of the Leases which fall within the boundary of such drilling or spacing unit.

Related to Everflow

  • Overflow means the intentional or unintentional diversion of flow from the collection and transport systems, including pumping facilities.

  • Flowgate means a representative modeling of facilities or groups of facilities that may act as potential constraint points.

  • Filtration means a process for removing particulate matter from water by passage through porous media.

  • Drywell means an unlined or partially lined underground pit (regardless of geometry) into which drainage from roofs, basement floors, water softeners or other non-wastewater sources is discharged and from which the liquid seeps into the surrounding soil.

  • Infiltration means water other than wastewater that enters a sewer system (including sewer system and foundation drains) from the ground through such means as defective pipes, pipe joints, connections, or manholes. Infiltration does not include, and is distinguished from, inflow.