Dedication of Production Sample Clauses

Dedication of Production. 4 Section 4.1 Dedication 4 Section 4.2 Conflicting Dedications 5 Section 4.3 Shipper’s Reservations 6 Section 4.4 Releases from Dedication 6 ARTICLE 5 DEVELOPMENT PLAN; GATHERING SYSTEM PLAN; GATHERING SYSTEM EXPANSION AND CONNECTION OF ▇▇▇▇▇ 7 Section 5.1 Development Plans 7 Section 5.2 Gathering System Plans 10 Section 5.3 Agreement on Proposed Development Plan and Gathering System Plan; Meetings; Amendments to Currently Agreed Development Plan and Gathering System Plan 12 Section 5.4 Expansion of Gathering System; Committed Build-Outs 14 ARTICLE 6 MINIMUM VOLUME COMMITMENT; SHORTFALL CREDITS 15 Section 6.1 MVC 15 Section 6.2 MVC Shortfall Credits 15 TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH TWO ASTERISKS (**). ARTICLE 7 FEES; CHARGES; DEDUCTIONS 16 Section 7.1 Fees 16 Section 7.2 Charges 20 Section 7.3 Flaring 20 Section 7.4 Gathering System L&U 21 Section 7.5 Gathering System Fuel 21 Section 7.6 Drip Liquids 21 ARTICLE 8 TENDER, NOMINATION AND GATHERING OF PRODUCTION 21 Section 8.1 Priority of Service 21 Section 8.2 Governmental Action 22 Section 8.3 Tender of Dedicated Production; Additional Gas and Shipper Injected Liquids 22 Section 8.4 Nominations, Scheduling and Curtailment 23 Section 8.5 Suspension/Shutdown of Service 23 Section 8.6 Gas Marketing and Transportation 24 Section 8.7 Downstream Delivery Points 24 ARTICLE 9 QUALITY AND PRESSURE SPECIFICATIONS 24 Section 9.1 Quality Specifications 24 Section 9.2 Pressure 25 ARTICLE 10 TERMINATION 26 Section 10.1 Termination 26 Section 10.2 Effect of Termination or Expiration of the Term 27 Section 10.3 Damages for Early Termination 28 ARTICLE 11 TITLE AND CUSTODY 28 Section 11.1 Title 28 Section 11.2 Custody 28 ARTICLE 12 BILLING AND PAYMENT 29 Section 12.1 Invoices 29 Section 12.2 Payments 29 TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH TWO ASTERISKS (**). Section 12.3 Audit 29 ARTICLE 13 REMEDIES 30 Section 13.1 Suspension of Performance; Release from Dedication 30 Section 13.2 No Election 30 ARTICLE 14 FORCE MAJEURE 30 Section 14.1 Events of Force Majeure 30 Section 14.2...
View SourceView Similar (8)
Dedication of Production. Sublessor shall have the right, but not the obligation, to transport gas produced from any gas ▇▇▇▇▇ drilled hereunder, for Sublessee or for any third-party shipper, at a negotiated rate which will be the higher of a cost of service-based rate or a market rate. If Sublessor exercises the right to transport the gas, it shall inform Sublessee and will use commercially reasonable efforts to seek the contractual and property rights, financing arrangements and regulatory approvals, including the necessary authorizations from FERC under the Natural Gas Act, as may be necessary to construct and operate the subject project.
View Source
Dedication of Production. Contributors shall have provided Copano with copies of all Gas Purchase Contracts between Tri-County Gas Gathering System (“Tri-County”) and its producers. The Gas Purchase Contracts between Tri-County and each of Joint Resources, Company and HEP Oil Company, Limited (the “Tri-County Producers”) shall incorporate a dedication of production which, in the aggregate, shall dedicate to Tri-County all of the Tri- County Producers gas production in approximately 29,000 acres of leaseholds in Wise, C▇▇▇▇ and M▇▇▇▇▇▇▇ Counties in Texas.
View Source
Dedication of Production. PASS-THROUGH CONTRACTS 5 Section 4.1 Dedication 5 Section 4.2 Conflicting Dedications 6 Section 4.3 Releases from Dedication 6 Section 4.4 Customer's Reservations 7 Section 4.5 Pass-Through Contracts 7
View Source
Dedication of Production. Supplier will dedicate its (and its Affiliates’) first production of Crude Oil to satisfy the requirements of this Agreement. Without limiting the foregoing, Supplier agrees that any agreements by Supplier or its Affiliates to sell Crude Oil to a purchaser other than Refiner shall be satisfied only out of production in excess of the volumes to be sold to Refiner pursuant to this Agreement. In the event Supplier elects to market its production in excess of the Base Daily Volumes and Refiner chooses to bid for such volumes, Supplier will contract to sell the incremental volumes to Refiner if Refiner exceeds or matches the highest bid from other potential purchasers.
View Source
Dedication of Production 
View SourceView Similar (17)

Related to Dedication of Production

  • Marketing of Production Except for contracts listed and in effect on the date hereof on Schedule 7.19, and thereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report (with respect to all of which contracts the Borrower represents that it or its Subsidiaries are receiving a price for all production sold thereunder which is computed substantially in accordance with the terms of the relevant contract and are not having deliveries curtailed substantially below the subject Property’s delivery capacity), no material agreements exist which are not cancelable on 60 days notice or less without penalty or detriment for the sale of production from the Borrower’s or its Subsidiaries’ Hydrocarbons (including, without limitation, calls on or other rights to purchase, production, whether or not the same are currently being exercised) that (a) pertain to the sale of production at a fixed price and (b) have a maturity or expiry date of longer than six (6) months from the date hereof.

  • Reformulation of Products As of the Effective Date, and continuing thereafter, Products that ▇▇▇▇▇▇▇ directly manufactures, imports, distributes, sells, or offers for sale in California shall either: (a) be Reformulated Products pursuant to § 2.2, below; or (b) be labeled with a clear and reasonable exposure warning pursuant to §§ 2.3 and 2.4, below. For purposes of this Settlement Agreement, a “Reformulated Product” is a Product that is in compliance with the standard set forth in

  • Commercialization Intrexon shall have the right to develop and Commercialize the Reverted Products itself or with one or more Third Parties, and shall have the right, without obligation to Fibrocell, to take any such actions in connection with such activities as Intrexon (or its designee), at its discretion, deems appropriate.

  • Development and Commercialization Subject to Sections 4.6 and 4.7, Fibrocell shall be solely responsible for the development and Commercialization of Fibrocell Products and Improved Products. Fibrocell shall be responsible for all costs incurred in connection with the Fibroblast Program except that Intrexon shall be responsible for the following: (a) costs of establishing manufacturing capabilities and facilities in connection with Intrexon’s manufacturing obligation under Section 4.6 (provided, however, that Intrexon may include an allocable portion of such costs, through depreciation and amortization, when calculating the Fully Loaded Cost of manufacturing a Fibrocell Product, to the extent such allocation, depreciation, and amortization is permitted by US GAAP, it being recognized that the majority of non-facilities scale-up costs cannot be capitalized and amortized under US GAAP); (b) costs of basic research with respect to the Intrexon Channel Technology and Intrexon Materials (i.e., platform improvements) but, for clarity, excluding research described in Section 4.7 or research requested by the JSC for the development of a Fibrocell Product or an Improved Product (which research costs shall be reimbursed by Fibrocell); (c) [*****]; and (d) costs of filing, prosecution and maintenance of Intrexon Patents. The costs encompassed within subsection (a) above shall include the scale-up of Intrexon Materials and related active pharmaceutical ingredients for clinical trials and Commercialization of Fibrocell Products undertaken pursuant to Section 4.6, which shall be at Intrexon’s cost whether it elects to conduct such efforts internally or through Third Party contractors retained by either Intrexon or Fibrocell (with Intrexon’s consent).

  • Manufacturing (a) The Supplier shall without limitation be responsible, at no additional cost to the Purchaser, for: sourcing and procuring all raw materials for the Products; obtaining all necessary approvals, permits and licenses for the manufacturing of the Products; providing sufficient qualified staff and workers to perform the obligations under this Purchase Agreement; implementing and maintaining effective inventory and production control procedures with respect to the Products; and handling other matters as reasonably requested by the Purchaser from time to time. (b) The Supplier shall not change any process, material, component, packaging or manufacturing location without the Purchaser’s express prior written approval.