Marcellus JDA definition

Marcellus JDA. ’ means the Joint Development Agreement dated September 1, 2009 among Enerplus USA and the vendors of the interests acquired by Enerplus in the Marcellus shale gas resource play on September 1, 2009;
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Marcellus JDA. ’ means the Joint Development Agreement dated September 1, 2009 among Enerplus USA and the vendors of the interests acquired by Enerplus pursuant to the Marcellus Acquisition;
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Marcellus JDA means the Joint Development Agreement to be dated as of the closing date of the Marcellus Acquisition among Enerplus USA and the Vendors.
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Examples of Marcellus JDA in a sentence

  • The acquisition was structured as two components, with one portion of the interests conveyed to Enerplus upon closing on September 1, 2009 and the remaining portion conveyed to Enerplus pursuant to the Marcellus JDA, as described in further detail below.

  • Enerplus and the vendors of the interests also entered into the Marcellus JDA on the closing date of the transaction, under which Enerplus acquired an additional approximate 12.9% working interest in the subject Marcellus properties.

  • Under the terms of the Marcellus JDA, the consideration of US$246.6 million (the "Marcellus Carry Amount") for these additional working interests is paid over time as a "carry" and represents 50% of the vendors' share of the future well drilling and completion costs on the subject Marcellus properties until the Marcellus Carry Amount has been fully expended.

  • Enerplus has agreed to indemnify the Vendors for a period of one year from closing in respect of certain liabilities that may arise out of the Marcellus Purchase Agreement and the Marcellus JDA, including as a result of breaches of the representations, warranties and covenants made by Enerplus in those agreements.


More Definitions of Marcellus JDA

Marcellus JDA means the Joint Development Agreement dated September 1, 2009 among Enerplus USA and the Marcellus Vendors;
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Related to Marcellus JDA

  • EXCO means EXCO Resources, Inc., a Texas corporation.

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • JV means Joint Ventures

  • Gas well means a well producing gas or natural gas from a common source of gas supply as determined by the commission.

  • Pipeline means any pipe, pipes, or pipelines used for the intrastate transportation or transmission of any solid, liquid, or gaseous substance, except water.

  • Natural gas company ’ means a person engaged in the transportation of natural gas in interstate commerce, or the sale in inter- state commerce of such gas for resale.

  • Production Burdens means any royalties (including lessor’s royalties), overriding royalties, production payments, net profit interests or other similar interests that constitute a burden on, and are measured by or are payable out of, the production of Hydrocarbons or the proceeds realized from the sale or other disposition thereof (including any amounts payable to publicly traded royalty trusts), but excluding Taxes and assessments of Governmental Entities.

  • Operating Partnership Agreement means the Fifth Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • Deep well means a well located and constructed in such a manner that there is a continuous layer of low permeability soil or rock at least 5 feet thick located at least 25 feet below the normal ground surface and above the aquifer from which water is to be drawn.

  • snippet means the Guarantee and Collateral Agreement, as amended, supplemented or otherwise modified from time to time, in the form of Exhibit E, among Holdings, the Borrower, each Subsidiary Loan Party and the Administrative Agent.","snippetLinks":[{"key":"guarantee-and-collateral-agreement","type":"clause","offset":[10,44]},{"key":"as-amended","type":"definition","offset":[46,56]},{"key":"otherwise- modified","type":"clause","offset":[74,92]},{"key":"from-time-to-time","type":"clause","offset":[93,110]},{"key":"form-of","type":"clause","offset":[119,126]},{"key":"exhibit-e","type":"clause","offset":[127,136]},{"key":"holdings","type":"clause","offset":[144,152]},{"key":"the-borrower","type":"clause","offset":[154,166]},{"key":"subsidiary-loan- party","type":"definition","offset":[173,194]},{"key":"the-administrative-agent","type":"clause","offset":[199,223]}],"hash":"61aabf5edc0e717dd017e870877aba2d","id":5},{"size":55,"samples":[{"uri":"/contracts/dcqI4XJ9kpY#collateral-agreement","label":"Credit Agreement (AGA Medical Holdings, Inc.)","score":21},

  • GP means Gottbetter & Partners, LLP.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Summer Season in any year, means the Season commencing on 01 April in that year;

  • JV Agreement has the meaning set forth in the Recitals.

  • AMI means Area Median Income as defined by HUD.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • Operating Company has the meaning set forth in the preamble.

  • Generation Interconnection Agreement means the generation interconnection agreement to be entered into separately between Seller and PGE, providing for the construction, operation, and maintenance of interconnection facilities required to accommodate deliveries of Seller's Net Output.

  • connection pipe means a pipe, the ownership of which is vested in the municipality and installed by it for the purpose of conveying water from a main to a water installation, and includes a “communication pipe” referred to in SANS 0252 Part I;

  • Gas company means any person distributing gas within the corporate limits or authorized and proposing to so engage.

  • Operating Agreement means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning the matters described in section 489.110, subsection 1. The term includes the agreement as amended or restated.

  • Fossil fuel-fired means, with regard to a unit:

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • PJM Interconnection, L.L.C. or "PJM" means the privately-

  • STP means the temperature of fifteen degrees Celsius (15°C) and at a pressure of one hundred and one decimal three two five kilopascals (101.325 kPa).

  • BG means Bank Guarantee