BBTS definition

BBTS has the meaning set forth in the Recitals.
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BBTS has the meaning set forth in the introductory paragraph hereof and includes any successor to BBTS and any Transferee of all but not less than all of BBTS’ Interest.
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BBTS has the meaning set forth in the Preamble.
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Examples of BBTS in a sentence

  • TexStar owns and has good and valid title to the Frio Interests, free and clear of any Encumbrances (other than restrictions on transfer pursuant to applicable securities Laws, the Organizational Documents of Frio LP and Frio GP and Encumbrances under the BBTS Credit Facility that will be released in full at Closing).

  • Southcross and BBTS are the sole Members of the Company at the Effective Date as reflected in Exhibit A.

  • Southcross and BBTS, as the sole Members of the Company as of the Effective Date, have respectively made or are deemed to have made the Capital Contribution set forth next to such Member’s name on Exhibit A.

  • The initial Tax Matters Member shall be BlackBrush TexStar before the BBTS Distribution, and the initial Tax Matters Member after the BBTS Distribution shall be EIG.

  • The Partnership shall reimburse Southcross and BBTS for their expenses, including the fees and expenses of counsel, but excluding any brokerage, advisor or similar transaction fees, incurred in connection with the formation of, and their initial investment in, the Partnership.

  • As such, the amounts described in this Section 11.16(b)(ii) shall not be treated as consideration paid by the Partnership to BBTS in exchange for its contribution of assets pursuant to the Contribution Agreement.

  • BBTS ACKNOWLEDGES AND AGREES THAT, IN MAKING ITS DECISION TO ENTER INTO THIS AGREEMENT AND TO CONSUMMATE THE TRANSACTIONS, BBTS HAS RELIED SOLELY UPON ITS OWN INVESTIGATION AND THE EXPRESS REPRESENTATIONS AND WARRANTIES OF SOUTHCROSS SET FORTH IN ARTICLE VI AND ARTICLE VII (INCLUDING THE RELATED PORTIONS OF THE SCHEDULES) AND IS NOT RELYING ON THE ACCURACY OR COMPLETENESS OF ANY OTHER INFORMATION, MATERIALS, REPRESENTATIONS OR WARRANTIES PROVIDED BY OR ON BEHALF OF SOUTHCROSS OR THE SXE GROUP.

  • BBTS shall prepare or cause to be prepared, and file or cause to be filed, the Excluded Returns at its cost and expense and shall remit the Tax shown to be due thereon to the appropriate Tax authority.

  • The Southcross Director and the BBTS Director shall each consider in good faith any comments made by the other Party, and shall attempt in good faith to resolve any disagreements regarding such Post-Closing Returns prior to the due date for filing.

  • All such insurance policies and bonds have been made available to BBTS.