Lateral Project definition
Examples of Lateral Project in a sentence
From and after the Closing, Seller shall, in its discretion, have the right, but not the obligation, to attempt to complete the Yuma Lateral Project.
Except as set forth on Schedule 2.4 to this Transfer Agreement, there are no actions, suits or proceedings pending or, to the Knowledge of Seller, threatened against Seller or NBLLC with respect to the Yuma Lateral Project or the Yuma Assets in any court or before any arbitrator of any kind or before or by any Governmental Authority that would reasonably be expected to have a Material Adverse Effect.
Within six months of the Yuma Transfer Date, pursuant to Section 157.20(c)(3) of the Federal Energy Regulatory Commission’s Regulations, Seller shall provide Buyer with a statement of final costs with respect to the Yuma Lateral Project.
Except as otherwise provided in this Transfer Agreement, Seller has not made and does not make any other representations or warranties as to the Yuma Assets or the Yuma Lateral Project or any matter or thing affecting or relating to Seller and its businesses, operations, assets, properties, liabilities, financial conditions, results of operation or affairs.
City intends to undertake the Hall Boulevard Lateral (Project) to provide sufficient hydraulic capacity in the sewer system.
Seller shall pay all Yuma Lateral Construction Costs that are incurred by Seller, Buyer or any of their Affiliates in connection with the completion of the Yuma Lateral Project.
The Agreement supersedes and cancels a service agreement under Rate Schedule FDLS between Transco and ▇▇▇▇ NEC, LLC dated May 6, 20141 related to Transco’s Bayonne Delivery Lateral Project (“Project”).2 Subsequent to the execution of the May 6, 2014 service agreement, Transco 1 The original precedent agreement for the Bayonne Delivery Lateral project, between Transco and ▇▇▇▇ Corporation, is dated April 15, 2009.
It is understood and agreed that any claims that NBLLC may have against APS, GBN or any other party arising out of actions taken with respect to the Yuma Lateral Project prior to the Yuma Transfer Date shall be for the benefit of and liability of, and shall be solely controlled by, Seller.
There are no capital expenditures currently required in order to preserve the satisfactory operating condition of the Yuma Assets, other than (i) as reflected in the NBLLC Budget and (ii) normal maintenance expenditures that are incurred or expected to be incurred in the ordinary course of operating the Yuma Lateral Project.
The Contracts set forth on Schedule 2.7 to this Transfer Agreement (collectively, the “Material Yuma Agreements”) constitute all Material gas transportation contracts, operation and maintenance agreements, construction contracts and other Material contracts to which NBLLC or Seller is a party or by which NBLLC or Seller is bound or to which any of the Yuma Assets is subject, in each case in connection with the Yuma Lateral Project or the Yuma Assets.