Midstream Assets definition
Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).
Midstream Assets. The States of New Jersey, New York, Connecticut and Pennsylvania.
Midstream Assets means (i) assets used primarily for gathering, transmission, compression, storage, disposal, processing, treating, marketing, fractionation, dehydration, stabilization or treatment of natural gas, natural gas liquids, oil or other hydrocarbons, carbon dioxide or water and (ii) Equity Interests of any Person whose assets primarily consist of assets referred to in clause (i).
Examples of Midstream Assets in a sentence
The “Allocated Value” for any Lease, any Well, the SWD Well, or any Midstream Assets equals the portion of the Base Price allocated on Schedule 12.4, in the case of Leases and ▇▇▇▇▇, with respect to each applicable Target Formation, for such Lease or Well.
Except as set forth on Schedule 4.14, as of the date set forth therein, with respect to those Oil and Gas Properties operated by any Company Group Member, there are no Imbalances attributable to the Oil and Gas Properties or the Midstream Assets.
Schedule 12.4 sets forth the agreed allocation of the Base Price among the Assets (including the Midstream Assets), solely for the purposes of this Article 12.
As of the Execution Date, all of the Personal Property included in the Assets that is material to the Business (other than the Midstream Assets which are exclusively covered in Section 4.19) is in an operable state of repair adequate to maintain normal operations as currently operated and used by or on behalf of the Company Group in all material respects, ordinary wear and tear excepted.
More Definitions of Midstream Assets
Midstream Assets means assets used in energy logistics, including, but not limited to, assets used in transporting, storing, gathering, processing, fractionating, distributing, or marketing of natural gas, natural gas liquids, crude oil, refined products or water produced in conjunction with such activities.
Midstream Assets means (i) assets used primarily for gathering (from above ground sources), transmission, storage, processing or treatment of natural gas, natural gas liquids or other Hydrocarbons or carbon dioxide and assets substantially similar to the foregoing and conventionally understood to be “midstream assets” (including midstream water assets) and (ii) Equity Interests of any Person that has no assets (other than de minimis assets) other than assets referred to in clause (i); for the avoidance of doubt, it being understood that in no event shall Hydrocarbons, Hydrocarbon Interests or Oil and Gas Properties or Equity Interests of any Person owning the foregoing be deemed Midstream Assets.
Midstream Assets means pipelines, treating and processing facilities, dehydration facilities, compressor stations, pump stations, metering stations and other similar assets, and other assets used in the transportation or processing of Hydrocarbons.
Midstream Assets means, collectively, the pipeline systems (including transmission and gathering pipelines), storage systems (including header pipeline systems), processing plants (including fractionation and treatment plants) and terminals owned by the Loan Parties in connection with their Midstream Activities.
Midstream Assets. Includes investments in natural gas transportation and storage assets and is comprised of the following: an equity investment in Dominion Midstream Partners, LP, which holds ownership interests in the Iroquois Gas Transmission System, Cove Point and Dominion Carolina Gas Transmission; ▇▇▇▇▇▇▇▇ Ridge, which is a partnership that owns and operates a 17.7 Bcf natural gas storage facility, with up to 12 Bcf working capacity, in western Pennsylvania that is 50 percent owned by a Company Subsidiary; and a 20 percent ownership interest in the proposed PennEast Pipeline, a 118-mile pipeline designed to bring natural gas produced in the Marcellus Shale region to homes and businesses in Pennsylvania and New Jersey. ___ Home Services: Consists of NJR Home Services Company, which provides Heating, Ventilating, and Air Conditioning (HVAC) service, sales and installation of appliances, as well as installation of solar equipment.
Midstream Assets. Includes investments in natural gas transportation and storage assets and is comprised of the following: an equity investment in Dominion Midstream Partners, LP, which holds ownership interests in the Iroquois Gas Transmission System, Cove Point and Dominion Carolina Gas Transmission; ▇▇▇▇▇▇▇▇ Ridge, which is a partnership that owns and operates a 17.7 Bcf natural gas storage facility, with up to 12 Bcf working capacity, in western Pennsylvania that is 50 percent owned by a Company Subsidiary; a 20 percent ownership interest in the proposed PennEast Pipeline, a 118-mile pipeline designed to bring natural gas produced in the Marcellus Shale region to homes and businesses in Pennsylvania and New Jersey; and Adelphia Gateway, which upon closing of the proposed acquisition of the membership interests of Interstate Energy Company, LLC, will operate an 84-mile pipeline in southeastern Pennsylvania. ___ Home Services: Consists of NJR Home Services Company, which provides Heating, Ventilating, and Air Conditioning (HVAC) service, sales and installation of appliances, as well as installation of solar equipment.
Midstream Assets means, collectively, compressor stations, terminals, pipelines, processing facilities and storage tanks and, in each case, related personalty, now or hereafter owned by any Loan Party that are used in connection with the Midstream Activities.