HPL definition
Examples of HPL in a sentence
HPL shall operate and maintain or cause the operation and maintenance of the HPL Facilities in accordance with the Standards and with sound and prudent natural gas pipeline industry practice and shall be fully responsible for the operation and maintenance thereof and for all cost, expense and risk associated therewith.
The HPL Facilities shall be designed, installed, and constructed by HPL or its designee in accordance with Engineering Standards as adopted by Enron Operations Corp., as the same may be amended or supplemented from time to time (the “Standards”).
To ensure PL operates effectively, the HPL has authority to make changes to the initial staffing structure where appropriate, as long as the overall budget is not exceeded.
They will provide sufficient information on the progress and milestones/deliverables to the HP-L, project co-ordinator as required during the course of the network.
Each Substitute Option shall contain substantially the same terms and conditions as the HPL Option exchanged therefore, including, without limitation, type of option, term of option, exercisability and anti-dilution rights, except that the number of shares and option price of each Substitute Option shall be adjusted to reflect the Exchange Ratio.