Gathering Assets definition

Gathering Assets means all of the gathering lines, flow lines, gas lines, gas processing and gathering line compression facilities, processing plants, storage rights and transportation capacity (including downstream transportation capacity), tubing, pumps, motors, gauges, meters, valves, SCADA and other automation equipment and other machinery and equipment constituting part of or comprising the gas gathering systems including all of the rights of way, surface interests, surface lease agreements, surface use agreements, railroad crossings, easements and similar real estate interests related thereto and all contracts, Permits, pipeline and plant imbalances, and Records relating to the ownership, operation or maintenance.

Gathering Assets means the gas gathering and pipeline systems and related facilities described on Exhibit H.

Gathering Assets means natural gas gathering systems and related facilities, including all appurtenances, metering facilities, fee property, leases, easements, licenses, permits, right of ways, contracts, contract rights and other rights, necessary for the design, development, construction, maintenance, upkeep, repair, or operation thereof.

Examples of Gathering Assets in a sentence

• All Encumbrances on the Subject Membership Interests, and all liens created in connection with the EXCO Debt Instruments on the Subject Non-Operating Assets, Operating Assets, Gathering Assets or other assets to be owned by the Newcos, the Operator and Midstream LLC shall be fully released at Closing by form of release acceptable to BG.

• If Closing should occur, the foregoing confidentiality restriction on Mitsui, including the Confidentiality Agreement, shall terminate (except as to (a) any Conveyed Interests that are excluded from the transactions contemplated hereby pursuant to the provisions of this Agreement, (b) the Excluded Assets, and (c) information related to SM assets other than the Assets, Springfield Gathering Assets and other assets described in Section 2.1 of the Development Agreement).

• This Agreement shall govern the respective rights and obligations of the Development Parties with respect to the funding, development and operation of the Subject Oil and Gas Assets and the Springfield Gathering Assets, to the extent provided herein.

• Schedule 4.7 contains a true and complete list of all Permits required or used in the operation of the Business or the Gathering Assets.

• The Intellectual Property Assets are all those necessary for the operation of the Gathering Assets as it is currently conducted.

More Definitions of Gathering Assets

Gathering Assets means all assets owned by Gathering Opco and its Subsidiaries as of the IPO Effective Date.

Gathering Assets means all of the property and assets described on Exhibit A to the Contribution Agreement.

Gathering Assets means the natural gas, crude oil and NGL gathering pipelines and all other assets owned by Hess North Dakota Pipelines LLC as of the Effective Date.

Gathering Assets means (a) that certain gas gathering system located in Tarrant County, Wise County and Xxxxxx County, Texas, and (b) all of the Company’s and its Subsidiaries’ rights, titles and interests, whether direct or indirect, in and to all of the property, rights or interests incident to such gathering system, including, without limitation, all of the Company’s and its Subsidiaries’ rights, titles and interests in and to all Oil and Gas Contracts relating thereto, easements, rights of way, system permits, equipment, facilities, fixtures and other items of personal property and improvements on the date of this Agreement appurtenant to such gathering system or used, obtained or held for use in connection with the operation of such gathering system.

Gathering Assets means all of the gathering lines, flow lines, gas lines, gas processing and gathering line compression facilities, processing plants, storage rights and transportation capacity (including downstream transportation capacity), tubing, pumps, motors, gauges, meters, valves, SCADA and other automation equipment and other machinery and equipment constituting part of or comprising the gas gathering systems or assets owned by any Affiliate of Chesapeake Energy Corporation, including all of the rights of way, surface interests, surface lease agreements, surface use agreements, railroad crossings, easements and similar real estate interests related thereto and all contracts, Permits, pipeline and plant imbalances, and Records relating to the ownership, operation or maintenance.

Gathering Assets the Real Property-Gathering, Plant Interest, Personal Property-Gathering, Line Pack-Gathering, Contracts-Gathering, Permits-Gathering and Other Assets-Gathering, except for the Excluded Assets.

Gathering Assets has the meaning set forth in the Recitals above.