Regency MLP definition

Regency MLP shall have the meaning assigned to such term in the preamble hereto.
Sample 1Sample 2Sample 3

Examples of Regency MLP in a sentence

  • All Equity Interests of Borrower are owned directly or indirectly by Regency MLP.

  • The Borrower, Regency MLP, the Subsidiary Guarantors, the Lenders, the Administrative Agent, the Collateral Agent and the other parties thereto are parties to that certain Sixth Amended and Restated Credit Agreement dated as of May 21, 2013 (as amended or otherwise modified prior to the date hereof, the “Credit Agreement”), pursuant to which the lenders party thereto (collectively, the “Existing Lenders”) have made certain credit available to and on behalf of the Borrower.

  • An accurate organizational chart, showing the ownership structure of Regency MLP, Borrower and each of its Subsidiaries on the MLP Effectiveness Date, and after giving effect to the Transactions, is set forth on Schedule 10(a) to the Perfection Certificate dated the MLP Effectiveness Date.

  • The Arrangers shall have received, and shall be reasonably satisfied with the form and substance of, the audited financial statements for the fiscal year ended December 31, 2012 and the forecasts of the financial performance of Regency MLP, Borrower and the Restricted Subsidiaries, pro forma for the Transactions on an annual basis through the Maturity Date.

  • Regency MLP will not create another operating Subsidiary other than Borrower or a Restricted Subsidiary of Borrower; provided, that, for the avoidance of doubt, the Borrower shall be permitted to create operating Subsidiaries in accordance with the terms of this Agreement.

  • The Arrangers shall have received, and shall be reasonably satisfied with the form and substance of, the audited financial statements for the fiscal year ended December 31, 2013 and the forecasts of the financial performance of Regency MLP, Borrower and the Restricted Subsidiaries, pro forma for the Transactions on an annual basis through the Maturity Date.

  • Notwithstanding anything to the contrary contained in this Agreement, the Security Documents, any Loan Document or any other document executed in connection herewith, upon payment in full of all of the outstanding Loans and after Regency MLP achieves an Investment Grade Rating, all Collateral and the Security Documents shall be released automatically and terminated without any further action.

  • The Arrangers shall have received and shall be reasonably satisfied with the form and substance of the audited financial statements for the fiscal year ended December 31, 2009 and the forecasts of the financial performance of Regency MLP and its Subsidiaries, pro forma for the Transactions on an annual basis through the Final Maturity Date (as defined in Annex I hereto).

  • Regency MLP will not create another operating Subsidiary other than Borrower or a Restricted Subsidiary of Borrower.

  • An accurate organizational chart, showing the ownership structure of Regency MLP, Borrower and each of its Subsidiaries (other than the SUG Subsidiaries) on the Effective Date, and after giving effect to the Transactions, is set forth on Schedule 3.07(c).

Related to Regency MLP

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

  • ETP means Energy Transfer Partners, L.P., a Delaware limited partnership.

  • PAA means Plains All American Pipeline, L.P., a Delaware limited partnership.

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • MLP GP means any general partner of any MLP and any general partner of the general partner of any MLP.

  • Debt to Cash Flow Ratio means, with respect to any Person as of any date of determination, the ratio of (a) the Consolidated Indebtedness of such Person as of such date, less cash and Cash Equivalents, to (b) the Consolidated Cash Flow of such Person for the four most recent full fiscal quarters ending immediately prior to such date for which internal financial statements are available. For purposes of making the computation referred to above:

  • Parent Guarantors means the Company, Holdings I, Holdings II, Holdings III, Holdings IV and Holdings V.

  • 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.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Partnership Group Member means any member of the Partnership Group.

  • First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (i) Consolidated Total Indebtedness secured on a first lien basis, net of Unrestricted Cash, as of the last day of such Test Period, to (ii) Consolidated EBITDA for such Test Period.

  • Consolidated First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Local Distribution Company or “LDC” means a Person licensed by the OEB as a “Distributor” in connection with a Distribution System.

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • Partnership Group means the Partnership and its Subsidiaries treated as a single consolidated entity.

  • Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • Equity Ratio means the ratio of Equity to Total Assets.

  • Public-private partnership agreement means an agreement

  • SPE Equity Owner is not applicable. Borrower will not be required to maintain an SPE Equity Owner in its organizational structure during the term of the Loan and all references to SPE Equity Owner in this Loan Agreement and in the Note will be of no force or effect.

  • Operating Partnership has the meaning set forth in the preamble.

  • Cash Flow Ratio means, as at any date, the ratio of (a) the sum of the aggregate outstanding principal amount of all Indebtedness of the Company and the Restricted Subsidiaries determined on a consolidated basis, but excluding all Interest Swap Obligations entered into by the Company or any Restricted Subsidiary and one of the Banks outstanding on such date, plus (but without duplication of Indebtedness supported by letters of credit) the aggregate undrawn face amount of all letters of credit outstanding on such date to (b) Annualized Operating Cash Flow determined as at the last day of the most recent month for which financial information is available.

  • Initial Borrower has the meaning specified in the preamble hereto.

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • business acquisition report means a completed Form 51-102F4 Business Acquisition Report;