Examples of VTTI MLP in a sentence
Please acknowledge your agreement to, and acceptance of, the terms of this letter by signing, dating and returning the enclosed acknowledgement of this letter to: VTTI MLP B.V.
By a revolving facility agreement dated on or about the date hereof (the “Senior Facility Agreement”) and made between, amongst others, VTTI MLP.
Third-Party Beneficiaries 74 THIS FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF VTTI ENERGY PARTNERS LP, dated as of August 6, 2014, is entered into by and between VTTI Energy Partners GP LLC, a Xxxxxxxx Islands limited liability company, as the General Partner and VTTI MLP PARTNERS B.V., a company incorporated in the Netherlands, as the Organizational Limited Partner, together with any other Persons who become Partners in the Partnership or parties hereto as provided herein.
NetherlandsWe hold the equity interests in the subsidiaries that own the entities that own and operate our terminals through a Dutch tax resident company, VTTI MLP B.V. Pursuant to the fiscal unity regime in the Netherlands, as set forth in the Dutch corporate income tax act, dividends derived by VTTI MLP B.V. from companies included in the fiscal unity will be exempt from Dutch taxation.
Additional Information—Taxation—Non-U.S. Tax Considerations—Netherlands Tax Considerations—Advance Tax Ruling.”We believe that dividend distributions and repayments of equity made by VTTI MLP B.V. to its shareholder VTTI MLP Holdings Ltd should be exempt from Dutch dividend withholding tax.
In conjunction with IPO, the following formation transactions were consummated:•VTTI Partnership incorporated a 100% subsidiary VTTI MLP Holdings Ltd (“MLP Holdings”), under the laws of the United Kingdom, to acquire through MLP Holdings, a 36% interest in VTTI Operating;•VTTI conveyed its equity interests in VTTI Nederland B.V., VTTI Americas B.V., VTTI SE Asia B.V., Eurotank Belgium B.V. and Fosco Holding Ltd.
Pursuant to the applicable provisions of a secondment agreement (the “Secondment Agreement”) that VTTI Holdings entered into with VTTI Services, a wholly-owned subsidiary of VTTI MLP Partners B.V., VTTI Services makes its employees available to VTTI Holdings, including the executive officers of our general partner, to provide these services.
Directors of the board of directors of our general partner are designated or elected by VTTI MLP Partners B.V., a subsidiary of VTTI B.V., in its capacity as the sole member of our general partner.
Whenever possible, we intend to incur indebtedness that is nonrecourse to our general partner.Directors are elected by VTTI MLP Partners B.V., a wholly-owned subsidiary of VTTI, in its capacity as the sole member of our general partner, and hold office until their successors have been elected or qualified or until their earlier death, resignation, removal or disqualification.
LONDON, September 1, 2016 - VTTI Energy Partners LP (NYSE: VTTI) (the “Partnership”) today announced that its wholly owned subsidiary, VTTI MLP Holdings Ltd., has completed its acquisition of an additional 8.4% equity interest in VTTI MLP B.V. (“VTTI Operating”) and associated pro-rata net debt from VTTI MLP Partners B.V. for cash consideration of $96.2 million (the “Acquisition”).