Gathering Systems definition

Gathering Systems means gathering systems located in Campbell, Converse, and Niobrara Counties, Wyoming, or any future new gathering systems that are able to directly or directly deliver Petroleum into the PRB Expansion Project.

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Gathering Systems means any pipeline systems owned or leased from time to time by any Loan Party that are used in the business of such Loan Party.

Gathering Systems means all right, title and interest of Borrower and each of its Subsidiaries in and to all (i) Hydrocarbon pipelines through which any Hydrocarbons produced from any of the Oil and Gas Properties is transported to a master/sales meter from which such Hydrocarbons can be sold to, or delivered for further transport to, a non-Affiliate of Borrower or any of its Subsidiaries and meters, compressors, drips, stripping or other treatment plants or facilities located on or used in connection therewith; (ii) easements, rights of way, permits, licenses, road boring agreements and similar contracts and grants pursuant to which the Gathering Systems were constructed or exist (whether such rights are contained in a separate instrument or in an oil and gas lease or other instrument); and (iii) all accounts, contract rights and general intangibles related to the Hydrocarbons located, stored or transported through the Gathering Systems.

Examples of Gathering Systems in a sentence

• The Resource Entities agree to assist the MLP in seeking to identify for possible acquisition Third Party Gathering Systems and to provide consulting services to MLP in evaluating and acquiring any such identified gathering system.

• Producers shall be responsible for the cost of connecting (i) such new Producer ▇▇▇▇▇ on pads on a ▇▇▇▇▇▇▇ Gathering System where Gatherer has installed a Gatherer’s Receipt Meter and (ii) new ▇▇▇▇▇▇▇ Delivery Points added to the ▇▇▇▇▇▇▇ Gathering Systems for gas lift operations under Section 11 of this Exhibit A.

• Promptly, but in any event within five (5) Business Days after receipt thereof by any DevCo, a copy of any form of notice, summons, citation, proceeding or order received from the FERC asserting jurisdiction over any material portion of the Gathering Systems.

• No DevCo has title to any of the Refined Products which are transported and/or distributed through the Gathering Systems, except pursuant to agreements under which the relevant DevCo does not have any exposure to commodity price volatility as a result of having title to such Refined Products.

• None of the Borrower or any Restricted Subsidiary has title to any of the Refined Products which are transported and/or distributed through the Gathering Systems, except pursuant to agreements under which the Borrower and the Restricted Subsidiaries have no exposure to commodity price volatility as a result of having title to such Refined Products.

More Definitions of Gathering Systems

Gathering Systems is defined in the definition of Company Assets.

Gathering Systems has the meaning set forth in Section 2.6.3.

Gathering Systems means, collectively, the RBO Gathering Systems and the RBP Gathering Systems.

Gathering Systems is defined in the recitals.

Gathering Systems means any pipeline systems owned or leased by any Relevant Party.

Gathering Systems means each gas gathering system and each related compression, treating and dehydrating facility and all assets, properties, privileges, interests and material equipment owned or leased by the Partnership or the Operating Subsidiaries comprising a part of each such gas gathering system.

Gathering Systems means the Polar and Divide Gathering System and the Epping Transmission System.