Terminal Assets definition

Terminal Assets means (i) the Terminals; (ii) the Contracts; (iii) the Permits; (iv) the books and records of SOPUS to the extent relating to the Terminals and required for the operation or management thereof; and (v) rights, benefits, claims, causes of action and choses in action relating to the Terminals and the Contracts, in each case effective as of the Effective Time.
Terminal Assets means all of the property of SMEP at and comprising the Terminals including the SMEP Owned Real Property, the SMEP Leased Real Property and all of the those certain asphalt and residual fuel oil storage tanks and related equipment, facilities, buildings, loading facilities, controls and other assets located at or used in connection with the Terminals other than and excluding the Retained Processing Assets and which are subject to the Retained Land Rights, all as more particularly described on Schedule 1(k) attached hereto.
Terminal Assets has the meaning set forth in the Preamble of this Agreement.

Examples of Terminal Assets in a sentence

  • TRMC has title to each of the Tankage, the Avon Wharf Pipeway, the Real Property Assets and the Avon Marine Terminal Assets that is sufficient to operate each such Asset in accordance with its intended and historical use, subject to all recorded matters and all physical conditions in existence.

  • This contribution shall be made for no additional consideration and the General Partner shall accept the Avon Marine Terminal Assets from TRMC as a contribution to the capital of the General Partner.

  • This contribution shall be made for no additional consideration and the Operating Company shall accept the Avon Marine Terminal Assets from the Partnership as a contribution to the capital of the Operating Company.

  • This contribution shall be made for no additional consideration and the Partnership shall accept the Avon Marine Terminal Assets from the General Partner as a contribution to the capital of the Partnership.

  • TO HAVE AND TO HOLD, each of the Notes Receivable, the Bucksport, Portsmouth and Oceanside Terminal Assets unto the SPV, its successors and assigns, together with all and singular the rights and appurtenances thereto in anywise belonging, subject, however, to the terms and conditions stated in this Agreement and in such instruments of conveyance, forever.


More Definitions of Terminal Assets

Terminal Assets means all of Respondents’ rights, title, and interest in and to all assets, tangible and intangible, located at the Terminals To Be Divested relating to, used in, and/or reserved for use in, its Cement terminal operations, including but not limited to, all:
Terminal Assets shall have the meaning given such term in Section 1.1(b).
Terminal Assets means all of Respondents’ rights, title, and interests in and to all property and assets, real, personal, or mixed, tangible and intangible, of every kind and description, wherever located, used in, or relating to the Terminal Business operated at the Terminal Locations, including all:
Terminal Assets means the docks, tanks, tank farm, truck rack, wastewater treatment plant, pipelines, steam, air, water, electric and fuel systems and other equipment, facilities and assets owned by Premcor Refining and located on the Refinery Land, other than the Refining Assets and the Excluded Assets.
Terminal Assets means all of Respondents’ rights, title, and interest in and to all assets, tangible and intangible, relating to, used in, and/or reserved for use in, its Cement terminal operations, including but not limited to, all: real property, whether owned or leased (together, in each case, with all easements, rights of way, buildings, improvements, and appurtenances); personal property; equipment, machinery and tools; furniture and fixtures; vehicles, railcars, barges or other transportation vessels; storage facilities; inventory and supplies; raw materials; books and records; contracts; customer and vendor lists; licenses, government approvals, registrations, permits, and applications (to the extent transferable); telephone and fax numbers; and goodwill;
Terminal Assets means all of Mobil’s assets relating to its petroleum storage and distribution terminals, including all assets, tangible and intangible, that are used to operate the terminal for the storage and distribution of petroleum products, including, but not limited to, all real estate, storage tanks, loading and unloading facilities, licenses, permits and contracts pertaining to the terminal facilities, offices, buildings, warehouses, equipment, machinery, fixtures, tools, spare parts, and all other property used in Terminaling; and the non-exclusive right to use all patents, know-how, and other intellectual property used by Mobil in the operation of the terminal.
Terminal Assets means the Real Estate, (including the immovable property conveyed by Seller to the South Louisiana Port Commission pursuant to an act of sale dated August 4, 1981, recorded in C.O.B. 269, Folio 373, and an act of sale dated May 23, 1983, recorded in C.O.B. 296, Folio 688 of the conveyance records of St. Charxxx Xxxxxx, Xxuisiana), the Improvements, the Docks, the Tanks, the Inventory, other storage facilities and equipment,