SWEPI definition
Examples of SWEPI in a sentence
Guarantor and SWEPI may not assign their respective rights and obligations under this Guaranty without the prior written consent of the other party, which consent shall not be unreasonably withheld.
After closing has occurred, SWEPI will provide you with the recorded copy of the assignment instrument when available.
This Guaranty shall create a continuing guaranty and shall (a) remain in full force and effect until satisfaction in full, subject to the Maximum Guaranty, and termination of the Obligations, (b) be binding upon Guarantor, Guarantor’s successors and assigns, and (c) inure, together with the rights and remedies of SWEPI hereunder, to the benefit of SWEPI and its successors, as permitted under a GGA.
The Performance Deposit shall be paid by wire transfer to the following account of Sellers: Account Name: SWEPI LP Bank: Citibank N.A. Account#: ▇▇▇▇▇▇▇▇ ABA/Routing #: ▇▇▇▇▇▇▇▇▇ Attention: ▇▇▇▇ ▇▇▇▇▇ This Performance Deposit is solely to assure the performance of Purchaser pursuant to the terms and conditions of this Agreement.
By Print or Type Name of Signatory: Its Date Agreed to and accepted as of the date first written above: SWEPI LP By Print or Type Name of Signatory: Its Date If SWEPI requests expansion of the capacity of the Olympia Gathering System of 220 MMcf/d*, the corresponding Expansion Capacity Increment Guaranty Amount will be $70 million.
Pursuant to Section 7 of either GGA, as such Section may be modified from time to time, SWEPI may request CEFS to provide Additional Services or Additional Interconnections on the applicable CEFS’ Gathering System, following which request CEFS shall provide to SWEPI a proposal for such Additional Services or Additional Interconnections and the Additional Gathering Fee in connection therewith (an “Additional Services Proposal”).
Oil Gathering Agreement between SWEPI LP and Plains All American Pipeline, L.P. (Velocity Midstream Partners, LLC) effective April 18, 2011.
Pursuant to Section 6 of either GGA, as such Section may be modified from time to time, SWEPI may notify CEFS through “Expansion Capacity Requests” to expand the capacity of the applicable Gathering System.
No amendment or waiver of any provision of this Guaranty nor consent to any departure by Guarantor therefrom shall be effective unless the same shall be in writing and signed by SWEPI.
For each Expansion Capacity Increment Guaranty Amount, such Amount shall be increased above $35 Million on the date SWEPI notifies CEFS of the Expansion Capacity Request, using the formula for the Inflator provided in Exhibit F of the applicable GGA to calculate the Revised Gathering Fee, such Inflator to be calculated as of the date of the request.