GTP Entity definition
Examples of GTP Entity in a sentence
Each Producer or its Affiliate who enters into an agreement to Dispose of Impurities from a Property, other than under a service offered by a GTP Entity under Article 8.5(a)(iii), in a different Property shall include provisions in that agreement to allow the State the option to Dispose of its Impurities from Associated State Gas from that Property under the same Impurity Disposal Fee and other terms.
If the Working Interest owners of a Property agree to return and Dispose of Impurities from a GTP, other than under a service offered by a GTP Entity under Article 8.5(a)(iii), then each Participant who is a Working Interest owner in that Disposal Property shall vote its interests to allow the State to return and Dispose of Impurities removed from Associated State Gas delivered to the GTP from that Property.
After consulting with the Producers, the GTP Entity shall select one (1) or more Properties to evaluate for potential use as a Disposal Property in service to the GTP.