Intermediation Agreement definition

Intermediation Agreement means the intermediation agreement between the Company and one or more of its Subsidiaries, on the one hand, and Vitol, Inc., on the other hand, in effect on the date of this Indenture, as such agreement may be amended, restated, replaced or restructured from time to time (whether or not with Vitol or with another supplier).
Intermediation Agreement means any Hydrocarbons under any Hydrocarbon or other feedstock supply agreements and assets under natural gas supply agreements, hydrogen supply agreements, offtake agreements or similar agreements or arrangements of the type described in clause (25) of Section 4.09(b), in each case, as the same may be further amended, restated or modified from time to time.
Intermediation Agreement means the crude oil supply agreement with Vitol Inc., dated as of December 31, 2008, as amended, restated, supplemented, modified and/or replaced from time to time.

Examples of Intermediation Agreement in a sentence

  • Liens on intermediated inventory and RINs securing PESRM’s obligations under the Intermediation Agreement are exclusive.

  • Additionally, the Intermediation Agreement also provides for subordinated liens on other assets of PESRM that secure PESRM's obligations under the Refining ABL Credit Agreement and the Term Loan B Credit Agreement, as described above.

  • In addition to relationship resulting from this Offer and the terms of the Intermediation Agreement and such other documents related to the Offer, UBS maintains with the Offeror and/or Souza Cruz, its subsidiaries or affiliated companies, any financial and loan transactions.

  • In addition to relationship resulting from this Offer and the terms of the Intermediation Agreement and such other documents related to the Offer, Santander maintains with the Offeror and/or Souza Cruz, its subsidiaries or affiliated companies, financial and loan transactions, such as general investment banking activities, trade finance financing, cash management services, rural credit operations and derivatives.

  • As of the date of this Notice, in addition to the relationship resulting from the Offer, the Intermediation Agreement and other documents related to the Offer, Santander has entered into, with State Grid, its affiliated or subsidiary companies, financial and credit operations regarding general commercial and financial banking activities.


More Definitions of Intermediation Agreement

Intermediation Agreement means the intermediation agreement between CVR Energy and one or more of its Subsidiaries, on the one hand, and Vitol, Inc., on the other hand, in effect on the date of this Indenture, as such agreement may be amended, restated, replaced or restructured from time to time (whether or not with Vitol or with another supplier).
Intermediation Agreement means, as applicable, (a) the X. Xxxx Intermediation Agreement, (b) the Washington Refinery Intermediation Agreement and (c) any crude oil or other feedstock supply agreements, natural gas supply agreements, hydrogen supply agreements, or off-take agreements relating to intermediate or refined products, in each case entered into by the Company or any of its Subsidiaries and an Intermediation Counterparty for purposes of facilitating a customary intermediation arrangement, together with all related storage agreements, marketing and sales agreements, agency agreements, security agreements, account control agreements, other collateral documents and other ancillary agreements among such parties, in each case as any of the same may be extended, renewed, amended, supplemented, restated, amended and restated or otherwise modified from time to time, or refinanced and/or replaced with another Intermediation Agreement from time to time and in whole or in part; provided that (i) the terms of any Intermediation Agreement described in this clause (c) shall be (A) on the then prevailing market terms or (B) not materially more disadvantageous to the holders of the Notes, taken as a whole, as compared to the terms of the X. Xxxx Intermediation Agreement or the Washington Refinery Intermediation Agreement in effect on the date hereof, taken as a whole, in each case of clause (A) or (B), as determined in good faith by an Officer of the Company, and (ii) no Intermediation Agreement shall provide for any lien on any assets other than Intermediation Collateral.
Intermediation Agreement means the crude oil supply agreement with X.X. Xxxxxx Commodities Canada Corporation, dated as of the date of the 2017 Notes Indenture, as amended, restated, supplemented, modified and/or replaced from time to time.
Intermediation Agreement means (i) any X. Xxxx Inventory Intermediation Agreement and (ii) any other crude oil, Intermediate Products and refined products under any crude oil or other feedstock supply agreements and assets under natural gas supply agreements, hydrogen supply agreements, offtake agreements or similar agreements or arrangements of the type described in clause (25) of Section 4.09(b), in each case, as the same may be further amended, restated or modified from time to time.
Intermediation Agreement means the Market Intermediation Agreement dated January 28, 2005, executed by the Guarantor and Accival and registered under No. 54350, as well as any modifications to be made to the aforementioned agreement in the future upon the agreement of the parties that executed it.
Intermediation Agreement means (i) any J. Aron Inventory Intermediation Agreement and (ii) any other crude oil, Intermediate Products and refined products under any crude oil or other feedstock supply agreements and assets under natural gas supply agreements, hydrogen supply agreements, offtake agreements or similar agreements or arrangements of the type described in clause (25) of Section 4.09(b), in each case, as the same may be further amended, restated or modified from time to time.
Intermediation Agreement means any agreement or understanding between, on the one hand, a Transaction Party and, on the other hand, any other Person (the “Intermediator”), where such agreement (i) contemplates structured purchases and sales of Hydrocarbons between the Intermediator and third-parties pursuant for the benefit of any Transaction Party, whether pursuant to procedures similar to those described in this Agreement and the other Transaction Documents or otherwise, (ii) contemplates that the Intermediator would enter into transactions for the purchase or sale of Hydrocarbons and would pass through to any Transaction Party a portion of the economic benefits or costs of such transactions pursuant to terms set forth in or established in connection with such agreement (which may, for the avoidance of doubt, take the form of provisions similar in structure or operation to those set forth herein); (iii) contemplates that the Intermediator would enter into two or more purchase and sale transactions with offsetting payment obligations, pursuant to which the Intermediator (x) prepays for products to be delivered at a later date and (y) takes title to such products solely on an Instantaneous Title Transfer basis (regardless of how such Instantaneous Title Transfer is achieved) or (iv) is otherwise similar in effect or operation to this Agreement or to the foregoing.