Downstream Business definition

Downstream Business means the business and operations currently conducted by Targa and its affiliates described in the Targa Resources, Inc. Annual Report on Form 10-K for the year ended December 31, 2008, as the NGL Logistics and Marketing Division, consisting of three segments: Logistics Assets, NGL Distribution and Marketing and Wholesale Marketing.
Sample 1Sample 2Sample 3
Downstream Business means the business and operations currently conducted by Sellers described in the Targa Resources, Inc. Annual Report on Form 10-K for the year ended December 31, 2008, as the NGL Logistics and Marketing Division, consisting of three segments: Logistics Assets, NGL Distribution and Marketing and Wholesale Marketing excluding the business and operations utilizing or derived from the Excluded Assets.
Sample 1Sample 2Sample 3
Downstream Business means the ownership, operation, management and maintenance of the Facilities and all associated assets and infrastructure pertaining to the downstream business of the Company Group, including all activities related thereto (including the direct or indirect participation in the refining, transportation, marketing, storage or sale of hydrocarbons and refined products), but, for the avoidance of doubt, excluding the Retained Business, the Retained Liabilities, Legacy Assets and the Midstream Business.
Sample 1Sample 2

Examples of Downstream Business in a sentence

  • From and after the date hereof, the G&A Expenses Limit is increased by the actual amount of general and administrative expenses allocated by Targa for the services provided to the Downstream Business, according to the allocation methodology utilized by Targa.

  • Buyer and Sellers shall utilize, and/or cause their Affiliates to utilize, the alternate procedure set forth in IRS Revenue Procedure 2004-53 with respect to wage reporting for employees associated with the Downstream Business.

  • Buyer and Sellers agree to cooperate to ensure that the Purchased Interests and the related Downstream Business are transferred to the Buyer free of any financial hedge transactions.

  • Except as specified on Company Disclosure Schedule 4.13, the Downstream Business is, and during the thirty-six (36) months prior to the date of this Agreement has been, operated in compliance in all material respects with all Laws applicable to the Company Group and the conduct of the Downstream Business.

  • Due Diligence of Downstream Business PartnersPrior to engaging a subcontractor, sub-awardee, grantee, supplier, or other significant program partner, we conduct reference checks and complete a responsibility determination or pre- award risk assessment, verifying the organization’s financial and management systems, cash flow, and internal segregation of duties.

  • The Partnership’s Logistics and Marketing segment is also referred to as its Downstream Business.

  • Sivakumar (2010), “Innovation Generation in Upstream and Downstream Business Relationships,” Journal of Business Research, 63 (December), 1356-1363.

  • Except as set forth in Schedule 4.12, each of the Companies possesses or has the ability to operate under all material Permits necessary for it to own its assets and operate the Downstream Business as currently conducted.

  • Company Disclosure Schedule 4.16 sets forth all material Permits held or being applied for by any member of the Company Group as of the date hereof, and all such Permits constitute all material Permits that are necessary for the operation of the Downstream Business in substantially the same manner as such business has been operated during the twelve (12) month period prior to the date of this Agreement.

  • Buyer acknowledges, however, that the Downstream Business does include various contracts which constitute physical xxxxxx such as forward sale arrangements.


More Definitions of Downstream Business

Downstream Business means the flat rolled products business conducted at the rolling xxxxx in (i) Huntingdon, Tennessee, (ii) Newport, Arkansas, and (iii) Salisbury, North Carolina, and all assets, facilities, Real Property, personal property, plants, equipment, inventory, and accounts receivable associated therewith.
Sample 1
Downstream Business means and includes the Dahej-Nagothane pipeline transporting ethane from Dahej to Nagothane and also includes the business of the Demerged Company in relation to ethane trading and pipeline infrastructure services
Sample 1
Downstream Business means that portion of the business of the Company that is primarily engaged in fractionating, storing, terminalling, transporting, distributing and marketing natural gas liquids, including the following principal assets: Houston Area, Louisiana Area, NGL Marketing, and Wholesale Marketing and Commercial Transportation (each term, as defined in the PIPA).
Sample 1
Downstream Business means our flat rolled products reportable segment consisting of four rolling mill facilities.
Sample 1
Downstream Business means the business of providing products and services for refineries, petrochemical processing facilities and other facilities as presently conducted by the Company and its Subsidiaries and generally described on Section 1.1(i) of the Company Disclosure Schedule.
Sample 1

Related to Downstream Business

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Micro Business means a company which either:

  • Downstream Affiliate means an entity whose outstanding Voting Shares were, at the date of issuance of the Qualifying Guarantee, more than 50 per cent. owned, directly or indirectly, by the Reference Entity.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Downstream means carrying a transmission from the Headend to remote points on the Cable System or to Interconnection points on the Cable System.

  • Company Business means the business of the Company as presently conducted.

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Licensed Business means the activities connected with the conveyance of

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • Subject Business means the policy or policies that are

  • Retained Businesses means all businesses, operations and activities directly or indirectly conducted or formerly conducted by the Seller Group other than the Business (including all businesses, operations and activities related to any dealerships sold or disposed of prior to the date hereof).

  • Excluded Businesses has the meaning set forth in Schedule 1.

  • the two businesses means the FNZ business and the GBST business;

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Stations means the Owned Stations and the Contract Stations.

  • Excluded Business means a Business excluded from application for an Inter- Community Business Licence and includes those Businesses referred to in Schedule A attached hereto and forming part of this bylaw.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Auto business means the business or occupation of selling, repairing, servicing, storing or parking "autos".

  • SpinCo Business has the meaning set forth in the Separation and Distribution Agreement.

  • Microbusiness means a licensee that may act as a cannabis

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—