Marathon Petroleum definition

Marathon Petroleum or “MPC”, and together with Marathon Oil, the “Parties”).
Marathon Petroleum has the meaning set forth in the preamble to this Agreement.
Marathon Petroleum or “MPC” has the meaning set forth in the preamble to this Agreement.

Examples of Marathon Petroleum in a sentence

  • Upon specific authorization and subject to such terms and conditions as it may establish, Marathon Petroleum Company LP may permit eligible employees of subsidiaries and affiliated organizations to participate in this Plan.

  • Because the Participant is an employee of Marathon Petroleum Corporation, the parent corporation of the Company (“MPC”), and provides beneficial services to the Company through Participant’s Employment with MPC, MPC as the employer of Participant shall be the designated representative for purposes of payroll administration of the Award and withholding of applicable taxes at the time of vesting.

  • Non-controlling interest share of adjusted EBITDA from joint ventures includes NGP’s 49.9% share of adjusted EBITDA from the Delaware Basin JV, Marathon Petroleum Corporation’s 50% share of adjusted EBITDA from the Ascension JV, and other minor non-controlling interests.

  • Any notice, statement, or invoice provided for in this Agreement shall be in writing and shall be considered as having been given if hand carried, facsimiled, emailed, or if mailed by United States mail, postage prepaid, to the following address, respectively: MPC: Name: Marathon Petroleum Company LP Address: 000 X.

  • Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of federal securities laws regarding Marathon Petroleum Corporation (MPC).

  • Non-controlling interest share of adjusted EBITDA from joint ventures includes NGP's 49.9% share of adjusted EBITDA from the Delaware Basin JV and Marathon Petroleum Corporation's 50% share of adjusted EBITDA from the Ascension JV.

  • Xxxxxxx Title: President Marathon Petroleum Company LP By: MPC Investment LLC, its General Partner By: /s/ X.

  • Marathon Petroleum Corporation merged in October 2018 with Andeavor Corporation, formerly known as Tesoro Corporation.

  • Marathon Petroleum Corporation was spun off from the operations of Marathon Oil Corporation in 2011.

  • For these purposes, “Andeavor Entity” means any direct or indirect subsidiary of Andeavor LLC or of Andeavor Logistics LP, and “MPC Entity” means Marathon Petroleum Corporation and each of its controlled group member affiliates.

Related to Marathon Petroleum

  • SpinCo shall have the meaning set forth in the Preamble.

  • AMC means Annual Maintenance Contract

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • 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.

  • Transportation Company means any organization which provides its own or its leased vehicles for transportation or which provides freight forwarding or air express services.

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • ITT has the meaning given to it in the recitals to this Framework Agreement;

  • 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.

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

  • COP means the conference of the parties to the Convention;

  • Gas company means any person distributing gas within the corporate limits or authorized and proposing to so engage.

  • RemainCo shall have the meaning set forth in the Preamble.

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • ATS means an alternative trading system, as defined in Rule 300(a)(1) of Regulation ATS under the Exchange Act.

  • CGS means the Connecticut General Statutes.

  • MPC means Marathon Petroleum Corporation, a Delaware corporation.

  • Constellation has the meaning assigned to that term in the Recitals.

  • COVID-19 means SARS-CoV-2 or COVID-19, and any evolutions thereof or related or associated epidemics, pandemic or disease outbreaks.

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • Renewable energy means the grid quality electricity generated from renewable energy sources;

  • Excess Energy has the meaning set forth in Section 4.5(a)(i). [For As-Available Product only]

  • AIG means American International Group, Inc.

  • MERC means the Maharashtra Electricity Regulatory Commission.

  • Mercury means elemental mercury (Hg(0), CAS No. 7439-97-6);

  • Forest management plan means a written plan prepared and signed by a qualified forester that prescribes measures to optimize production, utilization, regeneration, and harvest of timber. The forest management plan shall include a schedule and timetables for the various silvicultural practices used on forestlands, which shall be a maximum of 20 years in length. A forest management plan shall include all of the following:

  • Brands means the Sprint PCS Brands and the Sprint Brands.