Genesis MLP definition

Genesis MLP means Genesis Energy, L.P., a Delaware limited partnership, and its successors.
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Genesis MLP means Genesis Energy, L.P.
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Genesis MLP has the meaning assigned to such term in the opening paragraph of this Agreement.
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Examples of Genesis MLP in a sentence

  • Executive will act in the best interest of the Company, Genesis MLP and Genesis OLP and their subsidiaries and affiliates in the performance of Executive's services and duties under this Agreement.

  • This Agreement, and any rights or obligations hereunder, may not be assigned by either party hereto without written consent of the other; provided, however, that the Company may assign this Agreement to Genesis MLP, Genesis OLP, an affiliate of the Company which has succeeded to all or substantially all of the business of the Company or to a third party acquiring all or substantially all of the business, equity or assets of the Company.

  • In the event Executive breaches this Agreement, the Company will also have the right, in addition to any other rights it may have at law, in equity or under this Agreement to cancel, withhold and/or offset any payments due Executive hereunder against any payments otherwise due to Executive from the Company, Genesis MLP or Genesis OLP.

  • This Agreement will be for an initial term commencing on the effective date of that certain initial public offering of limited partnership interests in Genesis MLP and ending on December 31, 1999 (the "Initial Term"), unless sooner terminated in accordance with the provisions hereof.

  • The Company will grant to Executive Restricted Units ("Initial Award Units") in an amount determined by dividing $600,000 by the initial offering price of a limited partnership interest in Genesis MLP, pursuant to the Company's Restricted Unit Plan, in accordance with the terms thereof, promptly upon the adoption of such plan by the Board of Directors of the Company.

  • From the Closing Date through December 31, 1996, each Transferor and its Affiliates shall provide the services of the Business Employees to Genesis MLP and Genesis OLP and be promptly reimbursed by Genesis MLP and Genesis OLP for such services pursuant to the term of the Transition Services Agreement.

  • If a Person is elected as a successor general partner of Genesis MLP in connection with the removal of the General Partner as the general partner of Genesis MLP, such Person shall, upon admission as a successor general partner of Genesis MLP, automatically become the successor General Partner of the Partnership and a successor general partner of the other Group Members of which the General Partner is the general partner.

  • The purpose of the Plan is to promote the interests of the Company and Genesis Energy, L.P. ("Genesis MLP") by encouraging Key Employees to remain with the Company by providing a means whereby such individuals may develop a sense of proprietorship and personal involvement in the development and financial success of Genesis MLP, and to encourage them to devote their best efforts to the Business of Genesis MLP, thereby advancing the interests of Genesis MLP and the Company.

  • Genesis MLP has full power and authority to enter into each Transaction Document to which it is a party, to perform its obligations thereunder and to consummate the transactions contemplated thereby which are to be consummated by it.

  • Thereafter, Genesis MLP shall cease to be a limited partner of Genesis OLP.

Related to Genesis MLP

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Public-private partnership means an arrangement or agreement, occurring on or after January 1, 2017, between a procurement unit and one or more contractors to provide for a public need through the development or operation of a project in which the contractor or

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • GP means Gottbetter & Partners, LLP.

  • Holdco has the meaning set forth in the Preamble.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Public-private partnership agreement means an agreement

  • Operating Partnership has the meaning set forth in the preamble.

  • 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.

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • EXCO means EXCO Resources, Inc., a Texas corporation.

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • Velocity means a measurement of the motion of liquids usually expressed in feet per second.

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • JV means Joint Ventures

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

  • LP means the aggregate quantity of Lost Production during such Month (expressed in MWh) and

  • MLP GP means any general partner of any MLP and any general partner of the general partner of any MLP.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Operating Partnership Agreement means the Limited Partnership Agreement of the Operating Partnership, as amended from time to time.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Borrower.