Magellan OLP definition

Magellan OLP means Magellan OLP, L.P. (formerly known as Xxxxxxxx XXX, X.X.), a Delaware limited partnership.
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Examples of Magellan OLP in a sentence

  • Copano Double Eagle LLC, a Restricted Subsidiary of the Borrower, has entered into a joint venture agreement with Magellan OLP, L.P., an affiliate of Magellan Midstream Partners, L.P. (the “Magellan JV”), pursuant to which it is intended that certain Collateral currently subject to a Lien in favor of Administrative Agent securing the Obligations would be leased to, or occupancy rights granted to (collectively, the “Lease”), the Magellan JV (the “Subject Collateral”).

  • This facility, which replaced the term loan and revolving credit facility of Magellan OLP, L.P. (“Magellan OLP”), formerly Williams OLP L.P., a subsidiary of the Partnership, is comprised of a $90.0 million term loan and an $85.0 million revolving credit facility of which $10.0 million is available for letters of credit.

  • Magellan GP, Inc., a Delaware corporation, is the general partner of Magellan OLP.

  • At July 31, 2003, borrowings under the credit facility carried an interest rate equal to the Eurodollar rate plus a spread from 1.0% to 1.5%, depending on the leverage ratio of Magellan OLP, L.P. (“OLP”), a subsidiary of the Partnership and formerly known as Williams OLP, L.P. Interest was also assessed on the unused portion of the credit facility at a rate from 0.2% to 0.4%, depending on the OLP’s leverage ratio.

Related to Magellan OLP

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • GP means Gottbetter & Partners, LLP.

  • Summit means the Summit of the Heads of State or Government of SADC established by Article 9 of this Treaty;

  • CEI / “CEIG” shall mean Chief Electrical Inspector to the State Government.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Pioneer or the "Company" means Pioneer Natural Resources Company and its subsidiaries.

  • Constellation has the meaning assigned to that term in the Recitals.

  • Holdings as defined in the preamble hereto.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • EXCO means EXCO Resources, Inc., a Texas corporation.

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • Holdco has the meaning set forth in the Preamble.

  • ESMP means an environmental and social management plan (including any pest management plan), acceptable to the Association and consistent with the ESMF, adopted for the purposes of a Micro-project, and giving details of the magnitude of the environmental impacts, as well as the specific actions, measures and policies designed to facilitate the achievement of the objective of the ESMF under the Micro-project, including the budget and cost estimates, and sources of funding, along with the institutional and procedural measures needed to implement such actions, measures and policies, as such ESMP may be amended form time to time with the prior written agreement of the Association.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • SCO , which means secure for all-cargo and all-mail aircraft only, or

  • Operating Partnership has the meaning set forth in the preamble.

  • SHC means Sears Holdings Corporation.

  • Series Company refers to the form of registered open-end investment company described in Section 18(f)(2) of the 1940 Act or in any successor statutory provision;