Pine Prairie definition
Examples of Pine Prairie in a sentence
As a strategically located, high-deliverability storage facility, Pine Prairie has attracted customers whose storage needs include both traditional seasonal storage services and short-term storage services.
In the event that Pine Prairie Energy Center, LLC is permitted to make any distribution pursuant to Section 2.3 (d) or (e) of the Contingent Equity Contribution Agreement (as defined in the PPEC Credit Agreement), then the Company shall cause the proceeds of such distribution to be distributed to the Initial Members on a 50/50 basis, regardless of their respective Percentage Interests at the time.
On July 19, 2022 Hartree Natural Gas Storage, LLC (“Hartree”) filed a lawsuit under seal in the Superior Court for the State of Delaware asserting claims against PAA Natural Gas Storage, L.P. and PAA arising out of a Membership Interest Purchase Agreement relating to the 2021 sale of the Pine Prairie Energy Center natural gas storage facility to Hartree.
As of the Closing Date, the Borrower has no Subsidiaries that are Significant Restricted Persons other than Bluewater, Pine Prairie and SG Resources.
Louisiana, Texas Plains Marketing, L.P. Louisiana PAA/Vulcan Gas Storage, LLC Texas PAA Natural Gas Storage, LLC Louisiana, Michigan Bluewater Natural Gas Holding, LLC Michigan Bluewater Gas Storage, LLC Michigan BGS ▇▇▇▇▇▇▇ Gas Storage LLC Michigan Pine Prairie Energy Center, LLC Louisiana PPEC Bondholder, LLC Louisiana Barclays Capital Inc.
The minute books, if any, of Basile, Brooks, Caldwell, Hidalgo, Nueces, Pine Prairie, Tensas and Perry, have been provided to Purchaser.
Expansion activity at the Pine Prairie facility will enable us to benefit from anticipated long-term growth in demand for natural gas storage capacity in North America.
The FERC found that Pine Prairie qualified for this exemption from the standards of conduct in January 2006 and Bluewater qualified for this exemption in October 2006.
As of the effectiveness of the Southern Pines Acquisition, the reference to “the Pine Prairie Storage Facility” in the definition of “New Cavern EBITDA Adjustment” in Section 7.11(b) of the Original Agreement is hereby amended to refer instead to “the Pine Prairie Storage Facility or the Southern Pines Storage Facility”.
In August 2021, we sold our Pine Prairie and Southern Pines natural gas storage facilities, which were included in our Crude Oil segment for periods prior to the sale, for net proceeds of approximately $850 million, including working capital adjustments.