Prior Dedication definition
Examples of Prior Dedication in a sentence
In the event any Dedicated Leases acquired in a Large Transaction that are made subject to the Dedication are subject to a Prior Dedication at the time of the closing of the Large Transaction, the provisions of this Agreement relating to Prior Dedications will apply to such Dedicated Leases.
Upon the expiration or termination of that Prior Dedication, such additional Interests within the Dedicated Area and such Gas attributable thereto will automatically be subject to the dedication hereunder without any further actions by the Parties.
Except as set forth on Exhibit D, Shipper represents and warrants to Carrier that, as of the Effective Date, none of the Dedicated Area owned by Shipper or its Affiliates as of the Effective Date, and no portion of the Dedicated Raw Make attributable to such Dedicated Area, is subject to a Prior Dedication that conflicts with or infringes upon the Dedication under this Agreement.
Gatherer’s response shall include, if applicable, a construction plan, together with reasonably sufficient supporting documentation, demonstrating Gatherer’s ability to connect the applicable facilities to the System no later than the Prior Dedication Termination Date.
For clarity, the Parties acknowledge and agree that if Producer or its Affiliate acquires any interest located within the Dedicated Area prior to the expiration of a Prior Dedication specified on Schedule 2.5(a), and if such interest is included within the dedication of such Prior Dedication, then such interest will be subject to such Prior Dedication, and such Prior Dedication will take priority over the Dedication hereof, until such Prior Dedication terminates.
Within [***] days after Producer’s proposed Delivery Point notice, Gatherer shall provide Producer written notice confirming Gatherer will provide and connect all facilities necessary to provide Services for the Produced Water subject to such Prior Dedication no later than the Prior Dedication Termination Date, provided that in no event will Gatherer be obligated to connect to a Marginal Production Delivery Point.
Subject to the remainder of this Section 2.4(a), Producer shall not extend or renew a Prior Dedication and upon the termination of such Prior Dedication, Producer’s Produced Water which is attributable to the Dedicated Interests and produced from Dedicated ▇▇▇▇▇ applicable to such Prior Dedication will automatically be included within the Dedication and such Producer’s Produced Water will be Committed Produced Water and will be subject to this Agreement without any further actions by the Parties.
If the Subsequently Acquired Crude Oil is subject to Prior Dedication, Shipper shall give Gatherer an additional written Notice no later than thirty (30) Days preceding the expiration or termination of the term of the Prior Dedication.
With respect to any Dedicated Raw Make that is subject to a Prior Dedication (including Raw Make attributable to Subsequently Acquired Subject Interests), Shipper shall have the right, subject to the additional terms and conditions of this Section 4.2 and Section 4.4, to comply with such Prior Dedication.
In the event all or any portion of the Dedicated Interests is subject to a Prior Dedication, then the terms of this Agreement shall not be applicable to the interests covered thereby until such time as Producer’s Prior Dedication expires or is terminated.