MLP Subsidiaries definition

MLP Subsidiaries means, collectively, the MLP and its Subsidiaries.

MLP Subsidiaries means, together, (a) the MLP and the MLP GP, (b) any other publicly traded limited partnership (a “Future MLP”) with one or more classes of securities registered under the Securities Act of 1933 or the Securities Exchange Act of 1934 (i) in which the Borrower and/or one or more of its Restricted Subsidiaries has direct or indirect ownership interest, (ii) whose general partner is controlled directly or indirectly by the Borrower and (iii) that is engaged in a business that generates “qualifying income” within the meaning of Section 7704(d) of the IRC, (c) the general partner of any entity described in clause (b) of this definition (a “Future MLP GP”) and (d) all direct or indirect Subsidiaries of the foregoing.

MLP Subsidiaries means MLP General Partner and any of its Subsidiaries and EXCO/HGI MLP and any of its Subsidiaries and each, individually, an “MLP Subsidiary”.

Examples of MLP Subsidiaries in a sentence

• All of the Subsidiaries are consolidated with the Company for accounting purposes and all of the MLP Subsidiaries are consolidated with TransMontaigne Partners for accounting purposes.

• The Borrower shall cause the MLP Subsidiaries to observe all limited liability company or partnership formalities and other formalities required by their respective organizational documents and applicable Law.

• The Borrower shall, and shall cause the MLP Subsidiaries to, (x) pay their respective obligations and liabilities from their respective own funds (whether on hand or borrowed) and (y) maintain adequate capital in light of their respective business operations.

• The Borrower shall not commingle or pool, and shall cause the MLP Subsidiaries not to commingle or pool, their respective funds or other assets with those of any other Person, except their respective consolidated Subsidiaries, and shall maintain their respective assets in a manner that is not costly or difficult to segregate, ascertain or otherwise identify as separate from those of any other Person.

• The Borrower shall, and shall cause the MLP Subsidiaries to, (i) conduct their respective businesses in their respective own names or in the names of their respective Subsidiaries, and (ii) generally hold themselves as entities separate from the Borrower and its Restricted Subsidiaries.

More Definitions of MLP Subsidiaries

MLP Subsidiaries means, collectively, Green Plains Holdings LLC, Green Plains Partners LP, and their respective subsidiaries.

MLP Subsidiaries means the entities that are partially or wholly owned, directly or indirectly, by MLP.

MLP Subsidiaries means the subsidiaries of MLP.

MLP Subsidiaries means, collectively, on and after the closing of the IPO, (a) the MLP, (b) the General Partner, Operating LLC and Operating GP LLC (as each term is defined in Exhibit N), (c) Pipeline Partners and Processing Partners, and (d) any additional Wholly-Owned Subsidiary of Holdings or the MLP, and any indirect Subsidiary of the Borrower, in each case formed on or after the Closing Date to effect the MLP Transactions.

MLP Subsidiaries means, collectively, (a) MLP Holdings, (b) MLP GP, (c) MLP and (d) any Subsidiary of MLP.

MLP Subsidiaries means, from and after the MLP Closing Date, MLP General Partner and any of its Subsidiaries and MLP Limited Partnership and any of its Subsidiaries and each, individually, an “MLP Subsidiary”.

MLP Subsidiaries means, collectively, Green Plains Holdings LLC, Green Plains Partners LP, and their respective subsidiaries. “Moody’s” means Moody’s Investors Service, Inc. or any successor thereto.