Initial Facilities Clause Examples
Initial Facilities. As of the Effective Date, Company hereby acknowledges, accepts and consents to each of the Initial Facilities identified on Exhibit B-1. The Parties hereby agree to promptly enter into Leases and Easements with respect to each of the Initial Facilities.
Initial Facilities. As of the Effective Date, the Company hereby accepts and consents to each of the Initial Facilities identified as accepted on Exhibit B, including the location and composition thereof. Operator may construct each Initial Facility during the Initial Term, in all cases subject to the Operator’s compliance with this Agreement.
Initial Facilities. 1. Gatherer shall construct and install the consolidated screw compression and associated facilities as shown on Exhibit H. Owner shall provide all facilities to deliver Owner’s Gas to the Receipt Points.
Initial Facilities. The electric generating station and related facilities, including shared facilities, and rights described in Appendix B, as such Appendix B may be amended from time to time prior to the Commercial Operation Date.
Initial Facilities. Facility
Initial Facilities. Immediately following the execution of this Agreement, the Parties will undertake the steps necessary to design, construct, install and place into service their respective facilities necessary to perform under this Agreement, as follows:
Initial Facilities. The diversion facilities, 30 million gallons per day water treatment facilities, pipelines, pumps, storage facilities, and other improvements as described in and completed during the original project pursuant to the 1992 Agreement to deliver Treated Water to City.
Initial Facilities. The real, personal and mixed property (whether tangible or intangible) owned and operated by the Partnership for the transmission of natural gas as of the date of this Agreement.
Initial Facilities. (a) The Company, as general partner of the Partnership, shall cause the Partnership to develop and construct the Initial Facilities in accordance with the plan on Exhibit D, subject to such changes as the Management Committee may adopt from time to time (the “Initial Facilities Plan”).
(b) The Company, as general partner of the Partnership, shall seek third-party debt for the Partnership to complete the Initial Facilities after receipt of appropriate FERC or state Authorizations and the execution and delivery of Storage Agreements for firm storage of at least 70% of the storage capacity of the Initial Facilities for an average period of at least 10 years or other appropriate financing. The Company, as general partner of the Partnership, shall cause the Partnership to enter into any such financing on such terms as the Management Committee may approve.
Initial Facilities. On the Closing Date, the Partnership shall enter into the credit agreement provided for in Section 1.3(b)(x) of the Master Transaction Agreement.