Genesis OLP definition

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

  • Genesis OLP 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.

  • Basis has delivered to Genesis OLP true, complete and correct copies of the articles of incorporation and all amendments thereto to the date hereof and the by-laws as presently in effect for Basis.

  • 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.

  • The Sponsor shall have the sole right to prosecute any claims for such refunds (by suit or otherwise) at the Sponsor's expense and with counsel of the Sponsor's choice, and Genesis OLP and its Affiliates shall cooperate fully with the Sponsor in connection therewith.

  • MLP Common Units to be delivered by the Company upon the vesting of Phantom Units granted under the Plan may be MLP Common Units acquired by the Company in the open market, MLP Common Units acquired by the Company directly from Genesis MLP, Genesis OLP or any other person, or any combination of the foregoing.

  • The only liabilities to be assumed by Genesis OLP in connection with the transfer of Assets from any of the Transferors or their Affiliates are the Assumed Liabilities.

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

Related to Genesis OLP

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

  • GP means Gottbetter & Partners, LLP.

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

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

  • 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.

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

  • Natural gas company ’ means a person engaged in the transportation of natural gas in interstate commerce, or the sale in inter- state commerce of such gas for resale.

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

  • JV means Joint Ventures

  • 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.

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

  • 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.

  • 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.

  • Fossil fuel-fired means, with regard to a unit:

  • APC means the Ambulatory Payment Classification system under 42 CFR 419.31 used by Medicare for grouping clinically and resource-similar procedures and services.

  • OCI means the Office of the Commissioner of Insurance of the State of Wisconsin.

  • DPI means the North Carolina Department of Public Instruction.

  • Eligible production company means that term as defined under section 455 of the Michigan business tax act, 2007 PA 36, MCL 208.1455.

  • Network Operating Agreement means an executed agreement that contains the terms and conditions under which the Network Customer shall operate its facilities and the technical and operational matters associated with the implementation of Network Integration Transmission Service under Tariff, Part III. Network Operating Committee:

  • SPE means (i) an entity formed for the purpose of holding, acquiring, constructing, developing or improving assets whose acquisition, construction, development or improvement will be financed by Specified SPE Debt or equity investments in such entity or (ii) an entity acquired by the Restricted Parent or a Restricted Subsidiary of the Restricted Parent whose outstanding Indebtedness is all Specified SPE Debt.

  • Original Partnership Agreement has the meaning set forth in the recitals to this Agreement.

  • Limited Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 1, 2017, as amended, supplemented or restated from time to time.

  • CFS means cubic feet per second.

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

  • BG means Bank Guarantee