Storage Facilities Agreement definition
Storage Facilities Agreement means the Storage Facilities Agreement by and among ▇. ▇▇▇▇, the Company and Lion Oil Trading & Transportation, Inc., dated as of April 29, 2011, as from time to time amended, modified and/or restated, and any replacement thereof.
Storage Facilities Agreement means the storage facilities agreement, dated as of the Commencement Date, among the Company, ▇▇▇▇, El Dorado, Magnolia and ▇▇▇▇, pursuant to which the Company, ▇▇▇▇, El Dorado and Magnolia shall grant to ▇▇▇▇ an exclusive right to use the Storage Facilities in connection with this Agreement, as amended, supplemented, restated or otherwise modified from time to time.
Storage Facilities Agreement means the storage facilities agreement, dated as of the Commencement Date, between the Company and ▇▇▇▇, pursuant to which the Company shall grant to ▇▇▇▇ an exclusive right to use the Storage Facilities in connection with this Agreement. 11 NY2- 672959 PORTIONS OF THIS EXHIBIT DENOTED WITH THREE ASTERISKS (***) HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.
Examples of Storage Facilities Agreement in a sentence
With respect to any activities involving Crude Oil covered by the Storage Facilities Agreement or any Required Storage and Transportation Arrangement, ▇▇▇▇ may from time to time appoint the Company or ▇▇▇▇ as ▇▇▇▇’▇ agent thereunder for such activities as ▇▇▇▇ may specify.
With respect to any activities involving Crude Oil covered by the Storage Facilities Agreement or any Required Storage and Transportation Arrangement, Citi may from time to time appoint one or more Delek Entities as Citi’s agent thereunder for such activities as Citi may specify.
With respect to any activities involving Products covered by the Storage Facilities Agreement or any Required Storage and Transportation Arrangement, Citi may from time to time appoint one or more Delek Entities as Citi’s agent thereunder for such activities as Citi may specify.
As one or more of the applicable percentage ratios in respect of the Transaction exceeds 5%, the entering into the Automatic Production And Intelligent Storage Facilities Agreement and the Technical Service Agreement is subject to the reporting, announcement, circular and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.
Further, as one or more of the applicable percentage ratios in respect of the Automatic Production And Intelligent Storage Facilities Agreement exceeds 5% and all applicable percentage rations are below 25%, the entering into the Automatic Production And Intelligent Storage Facilities Agreement also constitutes as a discloseable transaction of the Company and subject to reporting and announcement requirements under Chapter 14 of the Listing Rules.
More Definitions of Storage Facilities Agreement
Storage Facilities Agreement means the storage facilities agreement, dated as of the Commencement Date, among ARKS, DKTS and Citi, pursuant to which ARKS and DKTS shall grant to Citi an exclusive right to use the Included Locations described therein in connection with this Agreement, as amended, supplemented, restated or otherwise modified from time to time.
Storage Facilities Agreement means the storage facilities agreement, in form and substance mutually agreeable to the Parties, dated as of the Commencement Date (as amended and restated on the Second Restatement Effective Date (the “Amended and Restated Storage Facilities Agreement”)), between the Company and ▇▇▇▇, pursuant to which the Company has granted to ▇▇▇▇ an exclusive right to use the Storage Facilities (to the extent that such exclusive right can be granted) in connection with this Agreement; provided that such storage facilities agreement shall also ▇▇▇▇▇ ▇▇▇▇ the right to use the SPM for receiving delivery of material to the extent contemplated by this Agreement, it being acknowledged that ▇▇▇▇ shall only receive and concurrently transfer to the Company title to materials delivered at the SPM Delivery Point and shall not at any time hold, store or transport any materials at or through the SPM or the pipelines, hoses and other infrastructure connecting the SPM to the Crude Storage Tanks or Refinery Product Storage Tanks.
Storage Facilities Agreement means the storage facilities agreement, in form and substance mutually agreeable to the Parties, to be dated as of the Commencement Date, between the Company and ▇▇▇▇, pursuant to which the Company has granted to ▇▇▇▇ an exclusive right to use the Storage Facilities (to the extent that such exclusive right can be granted) in connection with this Agreement; provided that such storage facilities agreement shall also ▇▇▇▇▇ ▇▇▇▇ the right to use the SPM for receiving delivery of material to the extent contemplated by this Agreement, it being acknowledged that ▇▇▇▇ shall only receive and concurrently transfer to the Company title to materials delivered at the SPM Delivery Point and shall not at any time hold, store or transport any materials at or through the SPM or the pipelines, hoses and other infrastructure connecting the SPM to the Crude Storage Tanks or Refinery Product Storage Tanks.
Storage Facilities Agreement means the Storage Facilities Agreement by and among J. Aron, the Company and Lion Oil Trading & Transportation, Inc., dated as of April 29, 2011, as from time to time amended, modified and/or restated, and any replacement thereof.
Storage Facilities Agreement means the storage facilities agreement, dated as of the Commencement Date, among the Company, LOTT, El Dorado, Magnolia and Aron, pursuant to which the Company, LOTT, El Dorado and Magnolia shall grant to Aron an exclusive right to use the Storage Facilities in connection with this Agreement, as amended, supplemented, restated or otherwise modified from time to time.
Storage Facilities Agreement means that certain Storage Facilities Agreement, dated as of the date hereof, by and between Borrower and Calumet
Storage Facilities Agreement means the storage facilities agreement, in form and substance mutually agreeable to the Parties, to be dated as of the Commencement Date, between the Company and ▇▇▇▇, pursuant to which the Company shall grant to ▇▇▇▇ an exclusive right to use the Storage Facilities in connection with this Agreement. “Subsequent Term Credit Agreement” means any term credit agreement entered into by Alon USA Energy, Inc. and/or any of its Subsidiaries replacing or refinancing, in whole or in part, the Initial Term Credit Agreement or another Subsequent Term Credit Agreement, as from time to time, as applicable. “Supplier’s Inspector” means any Person selected by ▇▇▇▇ in a commercially reasonable manner that is acting as an agent for ▇▇▇▇ or that (1) is a licensed Person who performs sampling, quality analysis and quantity determination of the Crude Oil and Products purchased and sold hereunder, (2) is not an Affiliate of any Party and (3) in the reasonable judgment of ▇▇▇▇, is qualified and reputed to perform its services in accordance with applicable law and industry practice, to perform any and all inspections required by ▇▇▇▇. “Tank Maintenance” has the meaning specified in Section 9.5. “Target Month End Crude Volume” has the meaning specified in Section 7.2(b). “Target Month End Product Volume” has the meaning specified in Section 7.3(b). “Tax” or “Taxes” has the meaning specified in Section 14.1. “Term” has the meaning specified in Section 3.1. “Term Credit Agreement” means the Initial Credit Agreement or Subsequent Term Credit Agreement. “Termination Amount” means, without duplication, the total net amount owed by one Party to the other Party upon termination of this Agreement under Section 19.2(a). “Termination Date” has the meaning specified in Section 19.1. “Termination Date Purchase Value” means, with respect to the Termination Date Volumes, initially the Estimated Termination Date Value until the Definitive Termination Date Value has been determined and thereafter the Definitive Termination Date Value (as such terms are defined in the form of the Step-Out Inventory Sales Agreement. “Termination Date Volumes” has the meaning specified in Section 19.1(d). 14 “Termination Holdback Amount” has the meaning specified in Section 19.2(b). “Third Party Supplier” means any seller of Crude Oil under a Procurement Contract (other than the Company or any Affiliate of the Company). “Transaction Document” means any of this Agreement, the Marketing and Sales Agreement, the Inven...