Intermediation Agreement means the intermediation agreement between the Company and one or more of its Subsidiaries, on the one hand, and Vitol, Inc., on the other hand, in effect on the date of this Indenture, as such agreement may be amended, restated, replaced or restructured from time to time (whether or not with Vitol or with another supplier).
Intermediation Agreement means any Hydrocarbons under any Hydrocarbon or other feedstock supply agreements and assets under natural gas supply agreements, hydrogen supply agreements, offtake agreements or similar agreements or arrangements of the type described in clause (25) of Section 4.09(b), in each case, as the same may be further amended, restated or modified from time to time.
Intermediation Agreement means the crude oil supply agreement with Vitol Inc., dated as of December 31, 2008, as amended, restated, supplemented, modified and/or replaced from time to time.
Examples of Intermediation Agreement in a sentence
As of the date of this Notice, in addition to the relationship resulting from the Offer, the Intermediation Agreement and other documents related to the Offer, Santander has entered into, with State Grid, its affiliated or subsidiary companies, financial and credit operations regarding general commercial and financial banking activities.
Subject to the provisions of item 1.9 of this Notice, in case the Offeror decides, on the Auction Date, to increase the Purchase Price, Santander undertakes to guarantee the financial settlement of the Offer by the new Purchase Price stipulated by the Offeror, notwithstanding the guarantee of financial settlement mechanisms and observing the procedures set forth in the Intermediation Agreement.
As of the date of this Notice, in addition to the relationship resulting from the Offer, the Intermediation Agreement and other documents related to the Offer, BofA Merrill Lynch has entered into, with State Grid, its affiliated or subsidiary companies, financial and credit operations regarding general commercial and financial banking activities.
Pursuant to the terms of the Intermediation Agreement executed by the Intermediary Institution and the Offerer and Paragraph 4, Article 7 of CVM Instruction 361/02, the Intermediary Institution shall guarantee the Offer financial settlement.
The obligations of Xxxx contemplated by the Original Inventory Intermediation Agreements shall be subject to satisfaction by (i) DCRC and PBFH of the conditions precedent set forth in Section 2.6.1 of the Original DCRC Inventory Intermediation Agreement and (ii) PRC and PBFH of the conditions precedent set forth in Section 2.6.1 of the Original PRC Inventory Intermediation Agreement, in each case, on and as of the Commencement Date.
More Definitions of Intermediation Agreement
Intermediation Agreement means the crude oil supply agreement, dated as of the Issue Date, between St. Xxxx Park Refining Co. LLC and X.X. Xxxxxx Commodities Canada Corporation, dated as of the Issue Date, as amended, restated, supplemented, modified and/or replaced from time to time.
Intermediation Agreement means, as applicable, (a) the X. Xxxx Intermediation Agreement, (b) the Washington Refinery Intermediation Agreement and (c) any crude oil or other feedstock supply agreements, natural gas supply agreements, hydrogen supply agreements, or off-take agreements relating to intermediate or refined products, in each case entered into by the Company or any of its Subsidiaries and an Intermediation Counterparty for purposes of facilitating a customary intermediation arrangement, together with all related storage agreements, marketing and sales agreements, agency agreements, security agreements, account control agreements, other collateral documents and other ancillary agreements among such parties, in each case as any of the same may be extended, renewed, amended, supplemented, restated, amended and restated or otherwise modified from time to time, or refinanced and/or replaced with another Intermediation Agreement from time to time and in whole or in part; provided that (i) the terms of any Intermediation Agreement described in this clause (c) shall be (A) on the then prevailing market terms or (B) not materially more disadvantageous to the holders of the Notes, taken as a whole, as compared to the terms of the X. Xxxx Intermediation Agreement or the Washington Refinery Intermediation Agreement in effect on the date hereof, taken as a whole, in each case of clause (A) or (B), as determined in good faith by an Officer of the Company, and (ii) no Intermediation Agreement shall provide for any lien on any assets other than Intermediation Collateral.
Intermediation Agreement means that certain First Lien ISDA 2002 Master Agreement, dated as of March 17, 2016, by and between USOR and MLC, including the schedules, exhibits, annexes, ancillary agreements and credit support documents thereto, and the transactions thereunder. For the avoidance of doubt, the “Intermediation Agreement” does not include (a) the Bespoke Hedging Facility or (b) the Credit Agreement.
Intermediation Agreement means any agreement or understanding between, on the one hand, a Transaction Party and, on the other hand, any other Person (the “Intermediator”), where such agreement (i) contemplates structured purchases and sales of Hydrocarbons between the Intermediator and third-parties pursuant for the benefit of any Transaction Party, whether pursuant to procedures similar to those described in this Agreement and the other Transaction Documents or otherwise, (ii) contemplates that the Intermediator would enter into transactions for the purchase or sale of Hydrocarbons and would pass through to any Transaction Party a portion of the economic benefits or costs of such transactions pursuant to terms set forth in or established in connection with such agreement (which may, for the avoidance of doubt, take the form of provisions similar in structure or operation to those set forth herein); (iii) contemplates that the Intermediator would enter into two or more purchase and sale transactions with offsetting payment obligations, pursuant to which the Intermediator (x) prepays for products to be delivered at a later date and (y) takes title to such products solely on an Instantaneous Title Transfer basis (regardless of how such Instantaneous Title Transfer is achieved) or (iv) is otherwise similar in effect or operation to this Agreement or to the foregoing.
Intermediation Agreement has the meaning assigned to such term in the preliminary statement of this Agreement.
Intermediation Agreement means, as applicable, (a) the X. Xxxx Intermediation Agreement and (b) any crude oil or other feedstock supply agreements, natural gas supply agreements, hydrogen supply agreements, or off-take agreements relating to intermediate or refined products, in each case entered into by the Company or any of its Subsidiaries and an Intermediation Counterparty for purposes of facilitating a customary intermediation arrangement, together with all related storage agreements, marketing and sales agreements, agency agreements, security agreements, account control agreements, other collateral documents and other ancillary agreements among such parties, in each case as any of the same may be extended, renewed, amended, supplemented, restated, amended and restated or otherwise modified from time to time, or refinanced and/or replaced with another Intermediation Agreement from time to time and in whole or in part; provided that (i) the terms of any Intermediation Agreement described in this clause (b) shall be (A) on the then prevailing market terms or (B) not materially more disadvantageous to the holders of the Notes, taken as a whole, as compared to the terms of the X. Xxxx Intermediation Agreement in effect on the date hereof, taken as a whole, in each case of clause (A) or (B), as determined in good faith by an Officer of the Company, and (ii) no Intermediation Agreement shall provide for any lien on any assets other than Intermediation Collateral.
Intermediation Agreement means (a) prior to January 1, 2024, the Second Amended and Restated Crude Oil Supply Agreement, dated as of August 4, 2021, between CVR Supply & Trading, LLC, a Delaware limited liability company (“Trading”, as assignee from Refining LLC), on the one hand, and Vitol, Inc., on the other hand, as such agreement may be amended or amended and restated from time to time, and (b) from and after January 1, 2024, the Crude Oil Supply Agreement, entered into and effective as of January 1, 2024, between Trading, on the one hand, and Gunvor USA LLC, on the other hand, as such agreement may be amended, amended and restated, replaced or restructured from time to time (but if entered into with a supplier other than Gunvor USA LLC, only with the prior consent of the Agent).