Logistics Assets definition

Logistics Assets means all Assets owned by Logistics Opco and its Subsidiaries.
Sample 1Sample 2Sample 3
Logistics Assets means the assets owned by, leased by or necessary for the operation of the business, properties or assets of any entity in the Logistics Group, and any future expansions thereof.
Sample 1Sample 2Sample 3

Examples of Logistics Assets in a sentence

  • Such amounts expended shall be included in (x) HIP’s adjusted tax basis in its Limited Partner Interest and (y) the Partnership’s adjusted tax basis in the Logistics Assets.

  • Since January 1, 2015, (a) the Business has been conducted, in all material respects, only in the ordinary course and (b) there has been no damage, destruction or loss to the Delaware Logistics Assets that would reasonably be expected to have a Material Adverse Effect.

  • Schedule 4.14 sets forth a list of the material insurance policies with respect to which the Delaware Logistics Assets and the Business are beneficiaries.

  • Located near Big Spring, Texas, the Big Spring Asphalt Assets (as defined in the Big Spring Refinery Logistics Assets Transaction Agreement listed on Schedule IX).

  • Located near Duncan, Oklahoma, the Xxxxxx Terminal (as defined in the Big Spring Refinery Logistics Assets Transaction Agreement listed on Schedule IX).

  • The Company elected to adopt the accounting standard in 2015 and reclassified $1.3 million and $0.3 million of debt issuance costs from other assets to the term loan and subordinated debt, respectively.

  • PBF Energy and the Partnership agree to furnish or cause to be furnished to each other, upon request, as promptly as practicable, such information (including access to books and records) and assistance relating to the Delaware Logistics Assets as is reasonably requested by PBF Energy, the Partnership or any Affiliate for the filing of any Tax Returns, for the preparation of any audit, and for the prosecution or defense of any Tax claim.

  • The Partnership shall be responsible for, and shall indemnify PBF Energy for all Taxes related to the Delaware Logistics Assets with respect to the portion of any Tax Straddle Period after the Closing Date.

  • Prior to the El Dorado Offloading Racks Acquisition and the Tyler Crude Tank Acquisition, the Logistics Assets Predecessor did not record revenues for intercompany throughput and storage services.

  • From and after the Closing, the Partnership shall preserve and keep a copy of all books and records (other than Tax records which are addressed in Article VII) relating to the business or operations of the Transferred Companies and the Delaware Logistics Assets on or before the Closing Date in the Partnership’s possession for a period of at least seven years after the Closing Date.


More Definitions of Logistics Assets

Logistics Assets means (i) any Terminal and its related storage tanks, pipelines, docks and wharfs and off-loading equipment and similar assets, (ii) any pipeline and related assets and (iii) any other asset that constitutes a Qualifying Asset, in each case other than any Refinery operating processing unit.
Sample 1Sample 2
Logistics Assets means the assets conveyed, contributed or otherwise transferred or intended to be conveyed, contributed or otherwise transferred pursuant to a Contribution Agreement as set forth on Schedule A to this Agreement and as described in that Contribution Agreement, together with the additional applicable conveyance documents and instruments contemplated or referenced thereunder, to any member of the Logistics Group, or owned by, leased by or necessary for the operation of the business, properties or assets of any member of the Logistics Group, prior to or as of the Commencement Date.
Sample 1Sample 2
Logistics Assets means, collectively, the Pipeline Assets, the SPM and the Terminals along with two (2) time chartered tug/barge units and one (1) leased tug boat.
Sample 1Sample 2
Logistics Assets means the gathering pipelines, transportation pipelines, storage tanks, trucks, truck racks, terminal facilities, offices and related equipment, real estate and other assets, or portions thereof, conveyed, contributed or otherwise transferred or intended to be conveyed, contributed or otherwise transferred pursuant to the Contribution Agreement, together with the additional conveyance documents and instruments contemplated or referenced thereunder, to any member of the Logistics Group, or owned by, leased by or necessary for the operation of the business, properties or assets of any member of the Logistics Group, prior to or as of the Commencement Date.
Sample 1Sample 2
Logistics Assets means the assets consisting of the assets owned by MOEM Pipeline LLC, Xxxxxxx Pipeline Company and T&M Terminal Company;
Sample 1

Related to Logistics Assets

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Gross Assets means the total of fixed assets and current assets;

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Connection Assets means that portion of the distribution system used to connect a customer to the existing main distribution system, and consists of the assets between the point of connection on a distributor’s main distribution system and the ownership demarcation point with that customer;

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Retained Assets has the meaning set forth in Section 2.2.

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

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Excluded Assets has the meaning set forth in Section 2.02.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Subject Assets is defined in Section 2.2(c).

  • 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).

  • PJM Entities means PJM, including the Market Monitoring Unit, the PJM Board, and PJM’s officers, employees, representatives, advisors, contractors, and consultants.

  • Operating Entities means, from time to time, the Persons in which the Holding Entities, directly or indirectly, hold interests and that (i) directly hold real estate assets, or (ii) indirectly hold real estate assets but all of the interests of which are not held, directly or indirectly, by the Holding Entities, other than, in the case of each of (i) and (ii), any Person in which the Holding Entities, directly or indirectly, hold interests for investment purposes only of less than 5% of the outstanding equity securities of that Person;

  • 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;

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned or represented by any Partnership Interest.