SOS Owner definition

SOS Owner is defined in Section 2.2(b); and with regard to any NNG SOS Segments, SOS Owner shall include the permitted NNG Affiliate contemplated under Section 2.3(b). “SOS SES Gathering Agreement” means with regard to any Solely Owned Segment, the Gathering Agreement to be entered into by and among each SOS Owner thereof and SES, pursuant to which such SOS Owner(s) shall agree and commit to SES an undivided 100% of the capacity of such Solely Owned Segment (as such Solely Owned Segment and its capacity may hereafter be modified, extended or increased), in substantially the form attached hereto as Exhibit F. “Third Parties” means any Person who is not either a Party, an Affiliate of any Party, nor an employee, agent or representative of any Party or any Party’s Affiliate. “Voting Interests” shall have the meaning assigned to such term in Section 2.3(a). If any provision of any Exhibit is inconsistent with any provision contained in the body of this Agreement, then the provisions in the body of this Agreement shall prevail.
SOS Owner is defined in Section 2.2(b); and with regard to any NNG SOS Segments, SOS Owner shall include the permitted NNG Affiliate contemplated under Section 2.3(b).

Examples of SOS Owner in a sentence

  • It is contemplated that 100% of the available capacity of the Solely Owned Segments will be committed to SES under the terms of the applicable SOS SES Gathering Agreement; and each SOS Owner shall execute and deliver a SOS SES Gathering Agreement with respect thereto prior to the commencement of operations of the applicable Solely Owned Segment, unless SES expressly waives this requirement in writing.

  • Thereafter, the SOS Owner shall make a calculation of Net Profits with regard to such Solely Owned Segments annually (“Net Profits Calculation Date”) and pay any Net Profits due to the Non-Participating Owners within ten (10) business days after such Net Profits Calculation Date.

  • Each Owner and SOS Owner agrees to comply with all Applicable Law relative to their ownership or obligations regarding the Gathering System or any Solely Owned Segments.