Valero Operating definition

Valero Operating has the meaning set forth in the recitals.
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Valero Operating has the meaning set forth in the preamble.
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Valero Operating has the meaning set forth in the preamble. “Valero Wynnewood” has the meaning set forth in the recitals.
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Examples of Valero Operating in a sentence

  • The Partnership is acquiring the Subject Interests for its own account as an investment without the present intent to sell or offer the same to any other Person or effect a distribution of the Subject Interests, other than the conveyance of the Subject Interests to Valero Operating.

  • Valero Operating is acquiring the Wynnewood Interests for its own account as an investment without the present intent to sell or offer the same to any other Person or effect a distribution of the Wynnewood Interests.

  • Any refund attributable to tax returns filed pursuant to this Section 2.5(c) shall be apportioned between Valero Operating and VTDC in a manner consistent with calculation of VTDC’s Tax Obligation.

  • Valero Operating acknowledges that the Wynnewood Interests are not registered pursuant to the Securities Act of 1933, as amended, or any state securities laws, and that none of the Wynnewood Interests may be transferred except pursuant to registration or an applicable exemption thereunder.

  • Valero Operating is an “accredited investor” as defined under Rule 501 promulgated under the Securities Act of 1933, as amended.

  • Valero Operating shall determine, the amount of tax due that is not described in Section 2.5(a) with respect to the portion of the period ending on the Closing Date based on a closing of the books method (“VTDC’s Tax Obligation”) and shall notify VTDC of its determination of VTDC’s Tax Obligation.

  • The Partnership is acquiring the XxXxx Interests for its own account as an investment without the present intent to sell or offer the same to any other Person or effect a distribution of the XxXxx Interests, other than the conveyance of the XxXxx Interests to Valero Operating.

  • VTDC shall pay to Valero Operating an amount equal to VTDC’s Tax Obligation not later than five (5) days after the filing of such tax return.

  • If any such amount is not known at Closing, then such amount shall be made based on VTDC’s good faith estimate, with a true-up payment to be made from VTDC to Valero Operating, or vice-versa, as promptly as practicable after exact amounts are determined.

  • The Partnership is acquiring the Port Xxxxxx Interests for its own account as an investment without the present intent to sell or offer the same to any other Person or effect a distribution of the Port Xxxxxx Interests, other than the conveyance of the Port Xxxxxx Interests to Valero Operating.


More Definitions of Valero Operating

Valero Operating has the meaning set forth in the recitals. “Valero Three Rivers” has the meaning set forth in the recitals.
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Related to Valero Operating

  • co-operative means a co-operative registered in terms of section 7 of Cooperatives Act, 2005 (Act No. 14 of 2005)

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • 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;

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.

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

  • Farm operation means any activity conducted solely or primarily for the production of one or more agricultural products or commodities, including timber, for sale or home use, and customarily producing such products or commodities in sufficient quantity to be capable of contributing materially to the operator's support.

  • economic operators means the manufacturer, the authorised representative, the importer and the distributor;

  • economic operator means any natural or legal person or public entity or group of such persons and/or entities, including any temporary association of undertakings, which offers the execution of works and/or a work, the supply of products or the provision of services on the market;

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

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

  • Operating or "Operation" means to provide (or the provision of) all the operation, engineering, purchasing, repair, supervision, training, inspection, testing, protection, use, management, improvement, replacement, refurbishment, retirement, and maintenance activities associated with operating the Generating Facility in accordance with Prudent Electrical Practices.

  • Health Care Operations shall have the meaning given to such term under the HIPAA 2 Privacy Rule in 45 CFR § 164.501.

  • Consolidated Entities as of any date of determination, any entities whose financial results are consolidated with those of Kimco in accordance with GAAP.

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

  • Operating Entities means, from time to time, the Persons in which the Holding Entities, directly or indirectly, hold interests and that (i) directly hold real estate assets, or (ii) indirectly hold real estate assets but all of the interests of which are not held, directly or indirectly, by the Holding Entities, other than, in the case of each of (i) and (ii), any Person in which the Holding Entities, directly or indirectly, hold interests for investment purposes only of less than 5% of the outstanding equity securities of that Person;

  • School operating taxes means local ad valorem property taxes levied under section 1211 of the revised school code, MCL 380.1211, and retained for school operating purposes.

  • Gaming Operation means the business enterprise that offers and operates Gaming Activities, whether exclusively or otherwise.

  • Railway Operation Date means the date of the first carriage of iron ore, freight goods or other products over the relevant Railway (other than for construction or commissioning purposes);

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • Wireline means a cable containing one or more electrical conductors which is used to lower and raise logging tools in the well-bore.

  • PJM Operating Agreement means the Amended and Restated Operating Agreement of PJM on file with the Commission.

  • 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.

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

  • Farming operation means raising, cultivating, propagating, fattening, grazing, or any other farming, livestock, or aquacultural operation.

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