Partnership Change of Control means Tesoro ceases to possess, directly or indirectly, the power to direct or cause the direction of the management and policies of the General Partner of the Partnership, whether through ownership of voting securities, by contract, or otherwise.
Examples of Partnership Change of Control in a sentence
This Agreement, other than the provisions set forth in Articles III, VII and X hereof, may be terminated by Delek US or the Partnership upon a Partnership Change of Control.
More Definitions of Partnership Change of Control
Partnership Change of Control means Marathon Petroleum Corporation ceases to Control the general partner of MPLX LP.
Partnership Change of Control means Tesoro Corporation ceases to Control the general partner of the Partnership.
Partnership Change of Control means Andeavor ceases to Control the general partner of the Partnership.
Partnership Change of Control means Green Plains ceases to control, directly or indirectly, the general partner of the Partnership. For purposes of this definition, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of the general partner of the Partnership, whether through ownership of voting securities, by contract or otherwise.
Partnership Change of Control means the Sponsor Entities cease to control the general partner of the Partnership.
Partnership Change of Control means BP Pipelines (North America) Inc. ceases to control (directly or indirectly) the General Partner. Party and Parties: have the meanings set forth in the preamble hereto.
Partnership Change of Control means Parent and its Affiliates cease to control, directly or indirectly, the general partner of the Partnership. For purposes of this definition, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of the general partner of the Partnership, whether through ownership of voting securities, by contract, or otherwise.