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"means (i) the hydrocarbon inventory at the Superior refinery that is owned by Seller and its Subsidiaries as of Closing, including crude oil, blendstocks, ethanol, biodiesel, feedstocks and other raw materials (including polymers and emulsifying compounds), intermediate petroleum products and finished products (including asphalt), tank heels and tank bottoms (including all such items located in process units or interconnecting lines at the refinery), (ii) all such products produced at the Superior refinery that are owned by Seller and its Subsidiaries as of Closing where title has not passed to a customer (including, for the avoidance of doubt, Seller or its Subsidiaries that are customers of the refinery; provided that in the case of such an internal transfer title will be deemed to be passed as set forth in Exhibit E) prior to Closing and (iii) all hydrocarbons (including crude oil, blendstocks, feedstocks and other raw materials, intermediate petroleum products and finished 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