Corpus Christi Terminal definition

Corpus Christi Terminal as herein used means Carrier’s Viola terminalling facilities located near Corpus Christi, Texas.
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Examples of Corpus Christi Terminal in a sentence

  • Rail Link’s clients include the Corpus Christi Terminal Railroad, the Savannah Port Terminal Railroad, the Golden Isles Terminal Railroad, and the York Railway Company.Rail Link is also a corporate parent to two short-line railroad companies, which make their rail services available for hire by the public at set tariffs — Commonwealth Railway, Inc.

  • The fee was increased again in October 2015 to $11.2 million per year in connection with the acquisition of the Corpus Christi Terminal Services Business.

  • In connection with the acquisition of the Corpus Christi Terminal Services Business, we entered into an additional schedule under our master terminal services agreement.

  • The Corpus Christi Terminal Services Business is engaged in the business of terminaling crude oil, intermediates, and refined petroleum products at terminals in Corpus Christi, Texas and supports Valero’s Corpus Christi East and West Refineries.

  • Corpus Christi Terminal Services BusinessEffective October 1, 2015, we acquired Valero’s Corpus Christi East Terminal and Corpus Christi West Terminal (collectively, the Corpus Christi Terminal Services Business) for total consideration of $465.0 million, which consisted of (i) a cash distribution of $395.0 million and (ii) the issuance of 1,570,513 common units and 32,051 general partner units having an aggregate value of $70.0 million.

  • The remaining $275.1 million of cash consideration represents the excess purchase price paid over the carrying value of this acquisition (a financing cash outflow).We attributed $94.0 million of the total $395.0 million cash consideration paid for the acquisition of the Corpus Christi Terminal Services Business to the historical carrying value of this acquisition (an investing cash outflow).

  • We acquired from Valero the Texas Crude Systems Business on July 1, 2014, the Houston and St. Charles Terminal Services Business on March 1, 2015, the Corpus Christi Terminal Services Business on October 1, 2015, the McKee Terminal Services Business on April 1, 2016, and the Meraux and Three Rivers Terminal Services Business on September 1, 2016 (collectively, the Acquisitions).

  • This borrowing bears interest at a variable rate, which was 1.8125 percent as of September 1, 2016.Subordinated Credit Agreements During 2015, we entered into two subordinated credit agreements with Valero (the Loan Agreements) under which we borrowed $160.0 million and $395.0 million (collectively, the loans) to finance a portion of the acquisitions of the Houston and St. Charles Terminal Services Business and the Corpus Christi Terminal Services Business, respectively, as described in Note 3.

  • BNSF also has trackage rights over this route and relies on KCS to deliver its cars to the Corpus Christi Terminal Railroad.

  • Interchange with the Corpus Christi Terminal Railroad since the removal of the Tule Lake Drawbridge, however, now requires a longer, more circuitous route around the ship channel to enter the interchange yard.

Related to Corpus Christi Terminal

  • SITC means the Standard International Trade Classification, Revision 3 (SITC, Rev. 3), published by the United Nations in Statistical Papers, Series M, No. 34/Rev. 3 (1986);

  • cogeneration means the simultaneous generation in one process of thermal energy and electrical or mechanical energy;

  • Basic gas supply service means gas supply service that is

  • Basic municipal services means a municipal service necessary to ensure an acceptable and reasonable quality of life, which service – if not provided – would endanger public health or safety or the environment.

  • Class II renewable energy means electric energy produced at a

  • Class I renewable energy means electric energy produced from