Omnibus Agreement definition

Omnibus Agreement means that certain Omnibus Agreement, dated as of the Closing Date, among the General Partner, the Partnership, the Operating Company and certain other parties thereto, as such may be amended, supplemented or restated from time to time.

Omnibus Agreement is defined in the Partnership Agreement.

Omnibus Agreement means that certain Third Amended and Restated Omnibus Agreement dated as of July 1, 2014, among Tesoro, TRMC, Tesoro Companies, Inc., Tesoro Alaska Company LLC, the General Partner and the Partnership, as such agreement (and the Schedules thereto) may be amended, supplemented or restated from time to time.

Examples of Omnibus Agreement in a sentence

• Any indemnification provided pursuant to this Agreement shall not be duplicative of any indemnification provided pursuant to the Omnibus Agreement.

• Omnibus Agreement between the Trust and PenguinEffective December 9, 2020, pursuant to an omnibus agreement between the Trust and Penguin (the “Omnibus Agreement”), Penguin has the option to extend all Earnouts by two years from the previous expiry date, and the Trust has been given a right of first offer in connection with the sale of the economic and financial benefits and rights of any such development parcel during any extended period.

• Subject to the provisions of Section 7.13 and the Omnibus Agreement, which shall continue to be applicable to the Persons referred to therein, regardless of whether such Persons shall also be Limited Partners, each Limited Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership Group.

• No such separate agreement shall terminate any responsibility under this Omnibus Agreement.

• Effective December 9, 2020, pursuant to the Omnibus Agreement between the Trust and Penguin (see also “Related Party Transactions”), Penguin has the option to extend all Earnouts by two years from the previous expiry date, and the Trust has been given a right of first offer in connection with the sale of the economic and financial benefits and rights of any such development parcel during any extended period.

More Definitions of Omnibus Agreement

Omnibus Agreement means that Omnibus Agreement, dated as of the Closing Date, among the General Partner, the Partnership, the Operating Company, XXX, Xxxxxxxx Energy, L.L.C., Xxxxxxxx Discovery Pipeline LLC, Xxxxxxxx Partners Holdings LLC and (for purposes of Articles V and VI thereof only) Xxxxxxxx.

Omnibus Agreement has the meaning set forth in the recitals.

Omnibus Agreement means that Omnibus Agreement, dated as of the Closing Date, among Plains Resources, Inc., the General Partner, the MLP, the Partnership and All American, L.P.

Omnibus Agreement means that certain Omnibus Agreement, dated as of April 26, 2011, among Andeavor, Tesoro R&M, Tesoro Companies, Inc., a Delaware corporation, Tesoro Alaska, the General Partner and the Partnership, as such agreement may be amended, supplemented or restated from time to time.

Omnibus Agreement means that Omnibus Agreement, dated as of the date hereof, by and among the Company, PBF Energy Company LLC, PBF Logistics GP LLC, and the Operator.

Omnibus Agreement means that certain Omnibus Agreement, dated as of October 31, 2012, among MPC, Marathon Petroleum Company LP, a Delaware limited partnership, MPL Investment, Pipe Line Holdings, the General Partner, the Partnership, the Operating Company, MPL, Ohio River Pipe Line LLC, a Delaware limited liability company, and MPLX Terminal and Storage LLC, a Delaware limited liability company, as such agreement may be amended, supplemented or restated from time to time.

Omnibus Agreement means that certain Omnibus Agreement between SPLC, SHLX, the General Partner, Operating and Shell Oil Company, dated as of November 3, 2014.