Delek Refining definition

Delek Refining means Delek Refining, Ltd., a Texas limited partnership.
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Delek Refining has the meaning set forth in the Preamble.
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Delek Refining shall have the meaning assigned to such term in the Preamble.
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Examples of Delek Refining in a sentence

  • All notices will be addressed to the Parties at the respective addresses as follows: If to Delek Refining, to: Delek Refining, Ltd.

  • Delek Refining, Delek Marketing and the arbitrators shall proceed diligently and in good faith in order that the award may be made as promptly as possible.

  • Delek Marketing shall invoice Delek Refining monthly (or in the case of any Shortfall Payments, quarterly).

  • For Product delivered by the Terminal into pipeline, custody of the Product shall pass to Delek Refining at the flange where it exits the Terminal’s delivery line.

  • Notwithstanding the foregoing, Delek-Big Sandy’s liability to the Delek Refining Indemnitees pursuant to this Section 20(a) shall be net of any insurance proceeds actually received by the Delek Refining Indemnitee or any of their respective Affiliates from any third Person with respect to or on account of the damage or injury which is the subject of the indemnification claim.

  • All notices will be addressed to the Parties at the respective addresses as follows: if to the Refining Entity: Delek Refining, Ltd.

  • Upon re-delivery of any Product to Delek Refining’s account, Delek Refining shall become solely responsible for any loss, damage or injury to person or property or the environment, arising out of transportation, possession or use of such Product after transfer of custody and the provisions hereof shall apply to Product while in Delek-Big Sandy’s custody.

  • The Services Profit Share for any one-month period shall be due and payable by Delek Refining in arrears on or before the tenth (10th) Business Day of the second month following such period.

  • Delek Refining hereby warrants that it shall, at all times, have good title to and the right to deliver, throughput, store and receive Products pursuant to the terms of this Agreement.

  • At Delek-Big Sandy’s request, Delek Refining shall sign a UCC-1 financing statement acknowledging Delek-Big Sandy’s security interest in Delek Refining’s Product in the Terminal.


More Definitions of Delek Refining

Delek Refining means Delek Refining, Ltd., a limited partnership organized under the laws of Texas, and a Subsidiary 99%-owned by GP and 1%-owned by Parent.
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Delek Refining has the meaning specified in the preamble to this Agreement.
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Related to Delek Refining

  • Refining means removing or separating a desirable product from raw or contaminated materials by distillation or physical, mechanical, or chemical processes.

  • Pipeline means any pipe, pipes, or pipelines used for the intrastate transportation or transmission of any solid, liquid, or gaseous substance, except water.

  • NGL means natural gas liquids.

  • Terminals means the Terminals set forth on Schedule A attached hereto.

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.