Additional Rolling Stock definition
Additional Rolling Stock means Specified Additional Rolling Stock and Unspecified Additional Rolling Stock;
Additional Rolling Stock has the meaning provided in Section 6.18(b).
Additional Rolling Stock means, to the extent owned, and capable of being transferred, by HIP LP or its subsidiaries at the time of any request by Logistics GP pursuant to Section 5.3, (i) the 956 crude oil rail cars constructed to American Association of Railroads Petition 1577 (CPC-1232) standards owned by Hess Tank Cars LLC as of the Closing Date, (ii) any rail cars exchanged for the rail cars described in the foregoing clause (i) or (iii) any other consideration received for the rail cars described in the foregoing clauses (i) or (ii).
Examples of Additional Rolling Stock in a sentence
HIP’s Capital Account shall be increased by the Gross Asset Value of any Additional Rolling Stock contributed to the Partnership but HIP’s Percentage Equity Interest and its Percentage Voting Interest shall not be adjusted in connection therewith.
HIP shall make Capital Contributions of Additional Rolling Stock in accordance with the provisions of Section 5.3 of the Contribution Agreement.
The parties agree that one or more press releases will be made promptly after the execution of this Agreement and the Closing.
More Definitions of Additional Rolling Stock
Additional Rolling Stock means, to the extent owned by and transferrable from HIP LP or its subsidiaries at the time of a request by Logistics GP as described in Section 5.3 of the Contribution Agreement, (i) the 956 crude oil rail cars constructed to American Association of Railroads Petition 1577 (CPC-1232) standards owned by ▇▇▇▇ Tank Cars LLC, a Delaware limited liability company, as of the Effective Date, (ii) any rail cars exchanged for the rail cars described in the foregoing clause (i), or (iii) any other consideration received for the rail cars described in the foregoing clauses (i) or (ii).
Additional Rolling Stock has the meaning given to it paragraph 1.6 of service over the routes between London Paddington and Heathrow Airport and have been fitted with ETCS but which are not the New Rolling Stock Units;