Inland Refining definition
Examples of Inland Refining in a sentence
All of the ----------------------------------------- outstanding shares of Borrower and Inland Refining are owned and shall at all times be owned by Parent.
Neither Inland Refining nor any Environmental Affiliate of Inland Refining shall institute any foreclosure proceedings, take possession of, manage, operate, or exert controlling influence over any property or facility which secures the Sound Refining Note and is encumbered by the Sound Refining Deed of Trust, without first obtaining the prior written consent of Agent, which consent may be granted or withheld in Agent's sole and absolute discretion.
Parent and Borrower hereby agree that they shall not amend the Inland Refining Contract without obtaining the prior written consent of Required Lenders, which consent may be given or withheld in Required Lenders' sole and absolute discretion.
All of the outstanding shares of Borrower and Inland Refining are owned and shall at all times be owned by Parent.
Except for the inventory and accounts receivable which Inland Refining purchased in connection with the sale of the Sound Refinery to SJCC, Inland Refining shall not purchase or have any ownership interest in any inventory or accounts receivable located on, arising from or associated with the Sound Refinery.
Parent and Borrower shall, and shall cause Inland Refining to, direct all proceeds from the sales of crude oil and natural gas ("E&P revenue") and petroleum products ("refining revenue") to be deposited into one or more lockboxes in the name of Parent, Borrower or Inland Refining, as the case may be, and administered by U.S. Bank National Association subject to a first priority security interest securing the Bank Debt and a second priority security interest securing the Obligations.
Employer desires to continue the employment of Employee as its Vice President - Refinery Operations and as President of Inland Refining, Inc.
Each of Borrower, Parent and Inland Refining has duly taken all action necessary to authorize the execution and delivery of this Amendment and the other Amendment Documents to which it is a party and to authorize the performance of the obligations of Borrower, Parent and Inland Refining hereunder and thereunder.
Actions Regarding -------------------------------------------------------- Inland Refining.
Inland Refining Contract...................................................