PES Holdings definition

PES Holdings means PES Holdings, LLC, a Delaware limited liability company, the parent of PESRM Holdings, LLC, PES Logistics GP, LLC, PESRM, PES Logistics Partners, L.P., Admin, NYGP, NYL, and North Yard Financing, LLC.
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PES Holdings means PES Holdings, LLC, a Delaware limited liability company.
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PES Holdings means PES Holdings, LLC, a Delaware limited liability company, the parent of PESRM, North Yard Logistics, L.P., North Yard GP, LLC, and PES Administrative Services, LLC.
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Examples of PES Holdings in a sentence

  • See Disclosure Statement for the Joint Prepackaged Chapter 11 Plan of Reorganization of PES Holdings, LLC and Its Debtor Affiliates, Case No.18- 10122, Doc.

  • In full and final satisfaction of each Interest in PES Holdings, each Allowed Interest in PES Holdings shall be canceled, released, and extinguished, and will be of no further force or effect and no Holder of Interests in PES Holdings shall be entitled to any recovery or distribution under the Plan on account of such Interests.

  • PES Holdings, together with the other Debtors and non-debtor PES,2 operate an enormous petroleum refining complex near Philadelphia encompassing the Point Breeze and Girard Point refineries.

  • No. 10 (the “Disclosure Statement”), at 1.According to the Debtors’ filings,3 PESRM directly owns the refining complex, and PES Holdings owns 99.99% of PESRM.

  • The filing with the Court on January 29, 2020,and [●], respectively, of the Second Amended Joint Chapter 11 Plan of PES Holdings, LLC and its Debtor Affiliates and of the Third Amended Joint Chapter 11 Plan of PES Holdings, LLC and its Debtor Affiliates and the disclosure of additional Plan Modifications on the record at the Confirmation Hearing constitute due and sufficient notice thereof.

  • PES LLC owns all of the outstanding equity interest in PES Holdings LLC (PES Holdings), which owns 99.99% of the outstanding equity interests of Philadelphia Energy Solutions Refining and Marketing LLC (Refining or PESRM), a Delaware limited liability company.

  • Except as otherwise indicated, I have personal knowledge of all facts in this declaration, based on my 12 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, are: PES Holdings, LLC (8157); North Yard GP, LLC (5458); North Yard Logistics, L.P. (5952); PES Administrative Services, LLC (3022); PES Energy Inc.

  • PES Holdings and PESRM Holdings have no operations other than ownership of their direct and indirect subsidiaries.

  • PES Holdings, LLC, 1735 Market Street, Philadelphia, Pennsylvania 19103 (Attn: John B.

  • Disclosure Statement for the Joint Prepackaged Chapter 11 Plan of Reorganization of PES Holdings, LLC and its Debtor Affiliates, Case No. 18-10122 (Jan.


More Definitions of PES Holdings

PES Holdings is defined in the introductory paragraph.
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Related to PES Holdings

  • Holdings has the meaning specified in the introductory paragraph to this Agreement.

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company).

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Natural parent means a minor's biological or adoptive parent, and includes the minor's noncustodial parent.

  • CFC Holding Company means a Subsidiary, substantially all of the assets of which consist of Equity Interests or Indebtedness of (a) one or more CFCs or (b) one or more CFC Holding Companies.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • GP means Gottbetter & Partners, LLP.

  • Qualified Holdings means, as to any Recipient, all Shares owned beneficially or of record by: (i) such Recipient, or (ii) such Recipient's Customers, but in no event shall any such Shares be deemed owned by more than one Recipient for purposes of this Plan. In the event that more than one person or entity would otherwise qualify as Recipients as to the same Shares, the Recipient which is the dealer of record on the Fund's books as determined by the Distributor shall be deemed the Recipient as to such Shares for purposes of this Plan.

  • Holdings LLC Agreement means the Third Amended and Restated Limited Liability Company Agreement of Holdings, dated on or about the date hereof, as such agreement may be amended from time to time.

  • Holdco has the meaning set forth in the Preamble.

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • OpCo has the meaning set forth in the Preamble.

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

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

  • 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.

  • New Holdings shall have the meaning provided in the definition of the term “Holdings”.

  • Insight as used in this clause, means technical visibility into the Program, maintained through audit, surveillance, assessment of trends and metrics, software independent verification and validation, the flight readiness review process, and review or independent assessment of out-of-family anomalies occurring in any phase of the program.

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

  • mixed-activity holding company means a parent undertaking, other than a financial holding company or an institution or a mixed financial holding company, the subsidiaries of which include at least one institution;

  • In loco parentis means relating to the responsibility to undertake the care and control of another person in the absence of:

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

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