Refinery Property definition

Refinery Property means (a) all owned real property, goods (excluding inventory), fixtures and equipment comprising, located at or related to each refinery owned by the Company and the Guarantors, including all buildings, terminals, storage tanks, refining and other facilities, spare parts, precious metal catalysts, pipelines, pipeline rights, loading racks, rail spurs and loading facilities now owned or hereafter acquired by the Company and the Guarantors which are now or hereafter affixed to or situated on each refinery property and (b) each such refinery, together with all such assets described in clause (a).
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Refinery Property means those certain areas of land in Warren, Pennsylvania covered by the Mortgage.
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Refinery Property means any such facility.
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Examples of Refinery Property in a sentence

  • The CRR New Site Location Alternative would locate the CRR elsewhere on the Refinery Property.

  • The Hydrogen Plant Replacement New Site Location Alternative would maintain the current design of the new Hydrogen Plant but would locate the new plant elsewhere with the Refinery Property.

  • The Marketing Area, west of the Site across Carmenita Road and south of the West Tank Farm, will be the last remaining parcel of the Refinery Property to be evaluated, demolished, and developed.

  • Refinery Property: collectively, the Refinery Land and all structures, equipment, amenities and other improvements, thereon, including without limitation, the fluid catalytic cracking unit.

  • Refinery Property Road to its intersection with the centerline of the extension of the Refinery Road, thence easterly, northerly, easterly, and northeasterly along the extension of the Refinery Road turning into the Meraux Canal, thence continuing easterly along the centerline of the Meraux Canal to its intersection with the centerline of East Judge Perez Drive, thence northerly along the centerline of East Judge Perez to its intersection with the centerline of Volpe Drive, the Point of Beginning.

  • The Improvements, Equipment, the Chemical Assets, Equilon Other Inventory and Surplus Refinery Property are being sold “AS IS”, WHERE IS, WITHOUT WARRANTY OF ANY KIND (EXCEPT AS TO TITLE) EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, CONDITION OR FITNESS, AND ALL SUCH WARRANTIES ARE HEREBY EXPRESSLY DISCLAIMED.

  • In the event Seller should receive a bona fide third party offer for the Refinery Property which Seller desires to accept (the "Bona Fide Offer"), Seller shall give prompt written notice thereof to Buyer, including the material terms and conditions thereof and the name and address of the offeror ("Seller's Notice").

  • Refinery Property Road, thence northerly along the centerline of the MurphyR.

  • As more particularly set forth herein, Optionor entering into one or more back-up offers and/or a Refinery Property Transaction shall expressly NOT constitute an Optionor Default.

  • In 1960, Gulf Oil Corporation (“Gulf”) purchased the Refinery Property from Wilshire.


More Definitions of Refinery Property

Refinery Property means certain areas of land covered by the Mortgage.
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Related to Refinery Property

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Improved property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Property, Plant and Equipment means any item of real property, or any interest therein, buildings, improvements and machinery.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Joint Property means property that is owned by 2 or more persons with rights of survivorship, and includes a tenancy by the entireties in real property, a tenancy in personal property as provided in section 1 of 1927 PA 212, MCL 557.151, a joint tenancy, a joint tenancy with rights of survivorship, and a joint life estate with contingent remainder in fee. For purposes of this part, joint property is considered to consist of a present interest and a future interest. The future interest is the right of survivorship.

  • New property means (i) the assessed value, after final

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Refinery means a facility for the manufacture or reprocessing of finished or unfinished petroleum

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Transition Property means the property right created by a financing order, including without limitation the right, title, and interest of a utility, assignee, or other issuer of transition bonds to all revenue, collections, claims, payments, money, or proceeds of or arising from or constituting fixed transition amounts that are the subject of a financing order, including those nonbypassable rates and other charges and fixed transition amounts that are authorized by the commission in the financing order to recover transition costs and the costs of recovering, reimbursing, financing, or refinancing the transition costs and acquiring transition property, including the costs of issuing, servicing, and retiring transition bonds. Any right that a utility has in the transition property before the utility's sale or transfer or any other right created under this section or created in the financing order and assignable under this chapter or assignable pursuant to a financing order is only a contract right.

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • Historic property means any prehistoric or historic site, district, building, object or other real or personal property of historical, architectural or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government and culture of Florida.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Hotel Property means a Property on which there is located an operating hotel.