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 any of the foregoing 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 any of the foregoing gathering systems.

Examples of Gathering Systems in a sentence

• None of the Gathering Systems provide interstate transportation or storage services that are subject to the jurisdiction of FERC pursuant to the Natural Gas Act of 1938, as amended, or the Natural Gas Policy Act of 1978, as amended, and except for those facilities listed on Schedule 7.28 and expansions thereof (“Interstate Pipelines”), none of the Gathering Systems provide interstate transportation or storage services that are subject to the jurisdiction of FERC pursuant to the Interstate Commerce Act.

• Promptly, but in any event within five (5) Business Days after receipt thereof by any Relevant Party, (or such later date as agreed by the Administrative Agent in its sole discretion), a copy of any material and written notice, summons, citation, proceeding or order received from FERC or any other Governmental Authority concerning the regulation of any material portion of the Gathering Systems.

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 is defined in the recitals.

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

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

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 any pipeline gathering, transportation, distribution or storage systems for Hydrocarbons that are owned or leased from time to time by the Borrower or any of its Restricted Subsidiaries and used in the business of the Borrower or such Restricted Subsidiaries.