Salt Water Disposal Assets definition

Salt Water Disposal Assets means assets used by any Loan Party in connection with the operation of a commercial salt water and non-hazardous oil and gas waste disposal facility, including any Salt Water Disposal Well and any tankage or equipment used in connection therewith.
Salt Water Disposal Assets means assets used by any Loan Party in connection with the operation of a commercial salt
Salt Water Disposal Assets has the meaning provided such term in Section 2.1(b).

Examples of Salt Water Disposal Assets in a sentence

  • If the Salt Water Disposal Assets are not transferred at the Closing, upon the receipt by Buyer of all Permits necessary for the commercial operation of the Salt Water Disposal Assets as they are currently operated by Seller, Seller shall sell, assign, transfer, convey and deliver to Buyer, and Buyer will purchase, acquire and accept from Seller, all right, title and interest of Seller in, to and under the Salt Water Disposal Assets, free and clear of Liens other than Permitted Liens.

  • In consideration for the sale and purchase of the Assets contemplated by Section 2.1, at the Closing, Buyer shall pay to Gasco (i) the Purchased Assets Sale Price minus any amounts then due to Buyer pursuant to Section 2.7(f) (the “Net Purchased Assets Sale Price”) and, if the Salt Water Disposal Assets are then transferrable, (ii) the Salt Water Disposal Assets Sale Price in cash by wire transfer of immediately available funds to an account designated by Gasco.

  • Seller shall transfer the Salt Water Disposal Assets by such documents, deed, certificates, instruments or agreements as may be necessary or appropriate to consummate the transfer contemplated in this Section 2.6, and as may be reasonably requested by Buyer and agreed to by the Seller Parties prior to the Salt Water Disposal Assets Closing.

  • In consideration of the sale and purchase of the Salt Water Disposal Assets, Buyer shall pay to Gasco the Salt Water Disposal Assets Sale Price in cash by wire transfer of immediately available funds to an account designated by Gasco (the “Salt Water Disposal Assets Closing”).

  • At the Closing, Buyer will have funds sufficient to (i) pay the Purchased Assets Sale Price and, if the Salt Water Disposal Assets are then transferrable, the Salt Water Disposal Assets Sale Price, and any other expenses incurred by Buyer in connection with this Agreement and (ii) fund the consummation of the transactions contemplated by this Agreement.

Related to Salt Water Disposal Assets

  • Sewage disposal system means all interceptor sewers, storm sewers, sanitary sewers, combined sanitary and storm sewers, sewage treatment plants, and all other plants, works, instrumentalities, and properties used or useful in connection with the collection, treatment, and disposal of sewage and industrial wastes, and includes a storm water drain system under the jurisdiction and control of a governmental agency.

  • Disposal Proceeds means the proceeds of a Non-Distressed Disposal (as defined in paragraph (b) below).

  • Disposal system means a system for disposing of sewage, industrial waste, or other wastes, or for the use or disposal of sewage sludge. “Disposal system” includes sewer systems, treatment works, point sources, dispersal systems, and any systems designed for the usage or disposal of sewage sludge.

  • Land disposal facility means the land, buildings, structures and equipment that are intended to be used for the disposal of wastes into the subsurface of the land. For purposes of this chapter, a "geologic repository" as defined in 10 CFR Part 60 or 10 CFR Part 63 is not considered a land disposal facility.

  • Disposal area means 1 or more of the following at a location as defined by the boundary identified in its construction permit or engineering plans approved by the department:

  • Disposal facility means a facility or part of a facility at which hazardous waste is intentionally placed into or on any land or water, and at which waste will remain after closure. The term disposal facility does not include a corrective action management unit into which remediation wastes are placed.

  • waste disposal facility means an individual or entity that has been issued a medical marijuana waste disposal facility license by the Department to dispose of medical marijuana waste as authorized in Oklahoma law and these Rules.

  • Field emission equipment means equipment which uses an x-ray tube in which electron emission from the cathode is due solely to the action of an electric field.

  • Asset Sale Proceeds Account means one or more deposit accounts or securities accounts holding the proceeds of any sale or disposition of any Notes Collateral.

  • Digital Assets means electronic files for which a fee has been paid that are downloaded and stored on home electronic equipment, computers or mobile phones. “Digital assets” does not include downloaded files pertaining to “your” “business”.

  • Operating Equipment means furniture, furnishings, special lighting fixtures, carpeting, draperies, decorations or other special finishing work, signs, appliances and trade fixtures and equipment that is furnished, installed or used by the Contractor in its operations on the Airport. It does not include Fixed Improvements, or repair or maintenance of Operating Equipment or Fixed Improvements or displays or decorations that are of a seasonal or temporary promotional nature.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Private Sewage Disposal System means a system which provides for the treatment or disposal of domestic sewage from four or fewer dwelling units or the equivalent of less than sixteen individuals on a continuing basis.

  • Retained Asset Sale Proceeds means that portion of Net Proceeds of a Prepayment Event pursuant to clause (a) of such definition not required to be applied to prepay the Loans pursuant to Section 2.11(c) due to the Disposition/Debt Percentage being less than 100%.

  • Transportation equipment means 1 or more of the following:

  • Asset Sale Proceeds means, with respect to any Asset Sale,

  • Disposal site means that portion of a land disposal facility that is used for disposal of waste. It consists of disposal units and a buffer zone.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Foreign Subsidiary Total Assets means the total assets of the Foreign Subsidiaries, as determined in accordance with GAAP in good faith by a Responsible Officer, without intercompany eliminations.

  • Capital Equipment means machinery and equipment purchased or leased, and used in this state by the purchaser or lessee primarily for manufacturing, fabricating, mining, or refining tangible personal property to be sold ultimately at retail if the machinery and equipment are essential to the integrated production process of manufacturing, fabricating, mining, or refining. Capital equipment also includes machinery and equipment used primarily to electronically transmit results retrieved by a customer of an online computerized data retrieval system.

  • At-home recovery visit means the period of a visit required to provide at home recovery care, without limit on the duration of the visit, except each consecutive four (4) hours in a twenty-four-hour period of services provided by a care provider is one visit.

  • Mobility enhancing equipment means equipment, other than durable medical equipment or a motor vehicle or equipment on a motor vehicle normally provided by a motor vehicle manufacturer, dispensed pursuant to a prescription, including repair or replacement parts for that equipment, that is all of the following:

  • Replacement Assets means (1) tangible non-current assets that will be used or useful in a Permitted Business or (2) substantially all the assets of a Permitted Business or a majority of the Voting Stock of any Person engaged in a Permitted Business that will become on the date of acquisition thereof a Restricted Subsidiary.

  • Excluded Asset Disposition means an Asset Disposition permitted pursuant to Section 7.05 other than Asset Dispositions pursuant to Sections 7.05(vii), (xiii), and (xv).

  • Waste Disposal Site means a Waste Disposal Site which is not a Hauled Sewage Disposal Site, a Sewage Works or a Waste Stabilization Pond; and

  • Farm winery means an establishment (i) located on a farm in the Commonwealth with a producing