Refining Assets definition

Refining Assets means all Equipment and Facilities, including the Included Meraux Terminals.
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Refining Assets means all of the assets of ARKS other than the Excluded Assets after giving effect to the Internal Reorganization Transactions.
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Refining Assets means the process units, refinery buildings, electric generating equipment and facilities, gasification equipment and facilities, assets under construction, spare parts and supplies, and other equipment and facilities located at the Refinery and described in Section 1.1(b) of the Disclosure Schedules.
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Examples of Refining Assets in a sentence

  • Refining Assets The initial acquisition costs of refining PP&E are capitalized when incurred.

  • Delaware Shell Refining Assets Company.............................

  • No Litigation is pending or, to ALJ’s Knowledge, threatened with respect to any alleged failure by ALJ or its Affiliates to have any Business Permit necessary for the conduct of the Business and the ownership and operation of the Refining Assets or to be in compliance with such Business Permits.

  • All projects conclude that smart technology, used right, gives the flexibility needed to help balance the power grid as more RES are integrated.

  • Subject to Section 2.3, the parties shall reasonably cooperate in determining any taxable values of any Assets subject to sales and use, gross receipts, Transfer and similar Taxes; provided, however, Buyers shall not take any position with respect to value of the Refining Assets that is contrary to the Purchase Price allocation determined pursuant to Section 2.3 (b).

  • ShawTitle: President HEP Refining Assets, L.P. By: HEP Refining GP, L.L.C., its general partner By:/s/ Xxxxx X.

  • Exploration and evaluation (“E&E”) assets All costs directly associated with the exploration and evaluation of oil and natural gas reserves are initially capitalized.

  • ALJ or its Affiliates maintain policies of fire and casualty, liability and other forms of property and liability insurance related to the Refining Assets and the Business in such amounts, with such deductibles, and against such risks and losses as are, in their reasonable business judgment, reasonable for the Business and the Refining Assets.

  • Refining Assets The refining assets are stated at cost less accumulated depreciation and net impairment losses.

  • All tangible personal property included in the Refining Assets is in good operating condition and repair (normal wear and tear excepted) and has been maintained in accordance with generally accepted industry practice, and is sufficient for the purposes for which it is currently being used or held for use.

Related to Refining Assets

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Refinery means a facility used to produce motor fuel from crude oil, unfinished oils, natural gas liquids, or other hydrocarbons and from which motor fuel may be removed by pipeline, by marine vessel, or at a rack.

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

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • mining area means all those pieces of land containing two hundred and forty‑six (246) square miles or thereabouts situate in what is known to the parties as the “Xxx Xxxxx‑Siberia Nickel Laterite Area” the subject of the mineral claims applications for mineral claims and Temporary Reserves listed in the First Schedule hereto which are generally delineated and respectively coloured green and orange and red in the plan marked “X” signed by or on behalf of the parties for the purpose of identification;

  • Subject Assets is defined in Section 2.2(c).

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Combined Assets means the sum of Fund Assets and Other Assets; and

  • Excluded Assets has the meaning set forth in Section 2.02.

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • mining areas means the areas delineated and coloured red on the Plan marked “A” initialled by or on behalf of the parties hereto for the purposes of identification;

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Pipelines has the meaning set forth in the Recitals.

  • Productive Assets means assets (including assets of a referent Person owned directly or indirectly through ownership of Capital Stock) of a kind used or useful in the Cable Related Business.

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • 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);

  • Coal means high-grade, medium-grade and low-grade category A and B coal within the meaning of the international codification system for coal established by the United Nations Economic Commission for Europe and clarified in the Council decision of 10 December 2010 on State aid to facilitate the closure of uncompetitive coal mines;

  • Pipeline System means each system of Pipeline Assets, Real Property and Easements relating thereto making up an integrated gathering system and gathering system, or other pipeline system.

  • Asphalt means a dark brown to black cement-like material (solid, semisolid, or liquid in consistency) in which the predominating constituents are bitumens which occur in nature as such or which are obtained as residue in refining petroleum.