Gas Balancing Agreements Sample Clauses

Gas Balancing Agreements. Parent and Borrower will not, nor will Parent and/or Borrower permit any other Credit Party to, incur, become or remain liable for any Material Gas Imbalance.
Sample 1
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Gas Balancing Agreements. The Operator, within the framework of its responsibilities, according to the provisions of Article 68(2)(c) of the Law, may enter into agreements with Users or third parties for the supply and delivery to the NNGTS or the sale and receipt from it of Natural Gas Quantities, within the framework of the carrying out of Balancing Actions by the Operator (Gas Balancing Agreements). The Gas Balancing Agreements are entered following approval by RAE of the Annual Gas Balancing Planning, either following a relevant competition conducted by the Operator, or according to the provision of paragraph [1], Article 91 of the Law. The Gas Balancing Agreements specify particularly: (a) The rights and obligations of the contracting parties, (b) the obligation of the counter-parties of the Operator to adapt the Supply as per which they deliver or receive Natural Gas to and from the NNGTS, according to the Operator instructions, in the framework of Balancing Actions and (c) the price to be paid by the Operator or his counter- party, depending on the case, for the Quantity of Natural Gas received, according to the terms of the Agreement and within the framework of the Balancing Action. The Gas Balancing Agreements that relate to the supply and delivery of Natural Gas Quantities to the NNGTS, may provide the payment by the Operator to the counter-party of the unit price applied to the Natural Gas Quantity that is delivered to the NNGTS and which may be modified regularly during the Year, as well as a fixed price, payable once or at installments, which corresponds to the fixed expenses of the counter-party for the availability of natural gas for Balancing, according to the terms of the Agreement.
Sample 1
Gas Balancing Agreements. The Company is not party to any gas balancing agreements.
Sample 1
Gas Balancing Agreements. The interests of Assignor in the leasehold working interests in the Leases currently may be subject to gas balancing agreements that permit an owner of the leasehold working interest to store its proportionate share of Gas while the other owners are permitted to take gas that is greater than their proportionate share (a "Gas Balancing Arrangement"). Subject to the terms of this Section 4.4, Assignor shall have the right and power to commit its leasehold working interests in the Leases to future Gas Balancing Arrangements. The ORRI is and shall be bound by and subject to the terms of and provisions thereof. In the event that Assignor is or becomes an underproduced party under any present or future Gas Balancing Arrangement, the ORRI shall not be payable to Assignee with respect to any Gas attributable to the interest of Assignor that is deemed to be stored under the terms of such Gas Balancing Arrangement. In addition, in the event that Assignor becomes an overproduced party under any present or future Gas Balancing Arrangement, then the ORRI shall not be payable to Assignee with respect to any portion of the Gas taken by an underproduced party as "make-up" Gas that would otherwise be attributable to the interest of Assignor. The ORRI shall be payable with respect to any "make-up" Gas taken by Assignor as a result of its underproduction, any cash received by Assignor as a balancing of accounts either as an interim balancing or at the depletion of the reservoir, and any overproduction that Assignor receives as an underproduced party.
Sample 1
Gas Balancing Agreements. There are no gas balancing agreements or other agreements, relationships or arrangements of any type, whether written or oral, to which the interests of Borrower in the Leases and Hydrocarbons are subject, that would at any time prevent Borrower from producing and selling for its own account its share of Hydrocarbons or receiving payment at the full sales price for its share of Hydrocarbons as and when Hydrocarbons are produced and sold.
Sample 1
Gas Balancing Agreements. The Operator may enter into Agreements for the Provision of Balancing Services with Users or third parties for the supply and delivery to the NNGS or the sale and receipt from it of Natural Gas Quantities, within the framework of the carrying out of Balancing Actions by the Operator (Balancing Services Agreements). The Balancing Services Agreements are concluded following approval by the RAE of the Annual Gas Balancing Planning, either following a relevant tender conducted by the Operator, or according to the provision of paragraph [1] of Article 91 of the Law. The Balancing Services Agreements will mainly set out the following:
Sample 1

Related to Gas Balancing Agreements

  • Operating Agreements The Partnership has performed all of its obligations under each of the Operating Agreements and no fact or circumstance has occurred which, by itself or with the passage of time or the giving of notice or both, would constitute a material default under any of the Operating Agreements. The Partnership shall not enter into any new management agreement, maintenance or repair contract, supply contract, lease in which it is lessee or other agreements with respect to the Property, nor shall the Partnership enter into any agreements modifying the Operating Agreements, unless (a) any such agreement or modification will not bind the Acquiror or the Property after the date of Closing or (b) the Contributors have obtained the Acquiror's prior written consent to such agreement or modification, which consent shall not be unreasonably withheld or delayed.

  • Financing Agreements The School shall comply with Ch. 37D, HRS, relating to financing agreements. “Financing agreement” means any lease purchase agreement, installment sale agreement, loan agreement, line of credit or other agreement of the department or, with the approval of the director, and any agency, to finance the improvement, use or acquisition of real or personal property that is or will be owned or operated by one or more agencies of the State, the department or any agency, or to refinance previously executed financing agreements including certificates of participation relating thereto. The School shall not act as a guarantor of any such financing agreement.

  • Services Agreements For at least the first twelve (12) months after Closing, the Parties agree that all research, development, and regulatory activities to be performed under the Work Plan (which will be agreed upon in accordance with the Operating Agreement of the Company) shall be conducted by the Parties as in-kind contributions to the Company, except as otherwise provided in the Operating Agreement. Such activities shall be performed pursuant to a services agreement between each of the Parties and the Company, which services agreements shall be included in the Future Related Agreements. *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

  • Existing Agreements The Executive represents to the Company that he is not subject or a party to any employment or consulting agreement, non-competition covenant or other agreement, covenant or understanding which might prohibit him from executing this Agreement or limit his ability to fulfill his responsibilities hereunder.

  • Collective Agreements There are no collective agreements affecting your terms and conditions of employment.

  • Servicing Arrangements AmeriCredit, as Servicer (the “Servicer”), AFS SenSub Corp., as Seller (“Seller”), AmeriCredit Automobile Receivables Trust 2014-3 (the “Trust”) and the Trustee entered into a Sale and Servicing Agreement dated as of August 19, 2014 (as amended, supplemented and otherwise modified from time to time, the “Sale and Servicing Agreement”), relating to the Receivables (as such term is defined in the Sale and Servicing Agreement), pursuant to which the Receivables were sold, transferred, assigned, or otherwise conveyed to the Trust. The Sale and Servicing Agreement contemplates the engagement of a processor and includes terms for the opening of the Lockbox Account (as defined herein), and the Indenture contemplates that the Lockbox Account will be assigned and pledged to the Trust Collateral Agent. The Sale and Servicing Agreement does not include specific terms for the provision of data processing services and deposit of remittance items. Such terms are set forth in this Lockbox Account Agreement (the “Agreement”). All capitalized terms used herein and not otherwise defined herein shall have the meanings specified in the Sale and Servicing Agreement.

  • Closing Agreements On the Closing Date, the following activities shall occur, the following agreements shall be executed and delivered, and the respective parties thereto shall have performed all acts that are required by the terms of such activities and agreements to have been performed simultaneously with the execution and delivery thereof as of the Closing Date:

  • Sales Agreements Distributor is hereby authorized to enter into separate written agreements, on such terms and conditions as Distributor may determine not inconsistent with this Agreement, with one or more organizations which agree to participate in the distribution of Contracts. Such organizations (hereafter "Broker") shall be both registered as a broker/dealer under the Securities Exchange Act and a member of NASD. Broker and its agents or representatives soliciting applications for Contracts shall be duly and appropriately licensed, registered or otherwise qualified for the sale of such Contracts (and the riders and other policies offered in connection therewith) under the insurance laws and any applicable blue-sky laws of each state or other jurisdiction in which the Company is licensed to sell the Contracts. Distributor shall have the responsibility for ensuring that Broker supervises its representatives. Broker shall assume any legal responsibilities of Company for the acts, commissions or defalcations of such representatives insofar as they relate to the sale of the Contracts. Applications for Contracts solicited by such Broker through its agents or representatives shall be transmitted directly to the Company, and if received by Distributor, shall be forwarded to Company. All premium payments under the Contracts shall be made by check to Company and, if received by Distributor, shall be held at all times in a fiduciary capacity and remitted promptly to Company.

  • Parties to Lock-Up Agreements The Company has furnished to the Underwriters a letter agreement in the form attached hereto as Exhibit A (the “Lock-up Agreement”) from each of the persons listed on Exhibit B. Such Exhibit B lists under an appropriate caption the directors and executive officers of the Company. If any additional persons shall become directors or executive officers of the Company prior to the end of the Company Lock-up Period (as defined below), the Company shall cause each such person, prior to or contemporaneously with their appointment or election as a director or executive officer of the Company, to execute and deliver to the Representatives a Lock-up Agreement.

  • Financing Arrangements (a) The Owner will obtain the Project Loan which shall be sufficient, together with the Owner's equity contributions, to pay the full amount of the costs to construct the Project in accordance with the development budget. The Owner and the Developer also contemplate that the Property and the Project, together with all fixtures, furnishing, equipment, and articles of personal property now owned or hereafter acquired by the Owner which are or may be attached to or used in connection with the Property or the Project, together with any and all replacements thereto and substitutions therefor, and all proceeds thereof; and all present and future rents, issues, leases, and profits of the Property and the Project will serve as security for the payment obligations to any lenders relating to the Project Loan or otherwise, and that the Owner will be the principal obligor for the repayment of all financial obligations thereunder after the transfer of title to the Owner. The Owner therefore, agrees to execute and deliver all commitments, promissory notes, mortgages, collateral assignments, documents, certificates, affidavits, and other writings required to be executed by any lender in connection with such financing.

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