KSL definition

KSL means Kaneb Services LLC, a Delaware limited liability company.

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KSL means KSL Capital Partners Co Trust II, a Maryland business trust.

KSL for purposes of the assumption and indemnification provisions of this Agreement, shall include Kaneb Services LLC and any and all predecessors or successors thereto, whether by merger, purchase or other acquisition of substantially all of the assets or otherwise, and any and all predecessors or successors to such entities.

Examples of KSL in a sentence

After the Distribution, KSI shall furnish to KSL a statement that indicates the number of non-monetary units equal to one share of KSI Common Stock deemed to be credited to the accounts of each participant and former participant under the KSI Deferred Compensation Plans as a result of the Distribution.
KSL hereby agrees that it shall not attempt to claim federal income taxation deductions with respect to KSL Common Shares that are issued by KSL pursuant to this Agreement to current or former employees of KSI or a KSI Company who are participants or former participants under either of the KSI Deferred Compensation Plans.
Further, KSL and its Subsidiaries shall be exclusively liable for any Liability relating to any KSI Employee Benefit Plan to the extent that the Liability relates to a KSL Employee, a KSL Former Employee or a dependent or beneficiary of a KSL Employee or a KSL Former Employee.
KSL shall issue KSL Common Shares upon the exercise of any KSL Option granted pursuant to this Agreement.
KSL and its Subsidiaries shall be exclusively liable for any Liability relating to any KSL Employee Benefit Plan.

More Definitions of KSL

KSL means KSL Capital Partners II GP, LLC.

KSL means Kaneb Services LLC, its directors, officers, employees, agents, representatives, predecessors, successors, and assigns; its joint ventures, subsidiaries, divisions, groups and affiliates controlled by KSL; and the respective partners, directors, officers, employees, agents, representatives, successors, and assigns of each.

KSL is defined in the PREAMBLE.

KSL has the meaning ascribed to it in the Preamble of this Agreement;

KSL shall have the meaning set forth in the recitals.

KSL shall have the meaning set forth in the preamble.

KSL means KSL Recreation Corporation and its Affiliates.