KC Crude Transferred Assets definition

KC Crude Transferred Assets means the storage tanks, related equipment and associated easement and leasehold land rights owned by the SGLP Parties that are connected to, adjacent to, or otherwise contiguous with the Kansas Pipeline; provided, however that the KC Crude Transferred Assets do not include (i) the truck unloading equipment and related assets of the SGLP Parties or (ii) any storage tanks, related equipment and associated easement and leasehold land rights owned by the SGLP Parties at Cushing, Oklahoma.
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Examples of KC Crude Transferred Assets in a sentence

  • SGEP and its Affiliates are transferring the KC Crude Transferred Assets to SemCrude by executing and delivering the documents listed on Exhibit A hereto (the “Kansas Transfer Documents”).

Related to KC Crude Transferred Assets

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Subject Assets is defined in Section 2.2(c).

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Assumed Liabilities has the meaning set forth in Section 2.3.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Retained Assets has the meaning set forth in Section 2.2.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).

  • Transferred Equity means the equity interest in the Company which the WFOE has the right to request either of the Company Shareholders to transfer to it or its designated entity or individual in accordance with Article 3 hereof when the WFOE exercises its Equity Transfer Option, the quantity of which may be all or part of the Option Equity and the specific amount of which shall be determined by the WFOE at its sole discretion in accordance with the then-effective PRC Law and based on its commercial consideration.

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Transferred Liabilities has the meaning set forth in Section 2.02(a).

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Transferred Interests has the meaning set forth in the Recitals.

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.