Refined Product Terminals definition

Refined Product Terminals means the terminals and tank farm described on Exhibit B attached hereto.

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Refined Product Terminals when used in reference to such pipeline or terminal, as applicable, means only the ownership interest therein held by the Partnership Group. In any such instance, volumes transported or terminalled for Sunoco R&M and its Controlled Affiliates by or for the account of other owners of the pipeline or terminal shall not be considered as volumes transported in a Crude Oil Pipeline or a Refined Product Pipeline or terminalled through a Refined Product Terminal, as applicable, for purposes of determining whether Sunoco R&M's obligations have been met under this Agreement.

Refined Product Terminals means the terminals described on Exhibit B attached hereto.

Examples of Refined Product Terminals in a sentence

Except as otherwise provided in this Agreement, control and operation of the Refined Product Terminals will rest exclusively with HEP.
Deliveries of Refined Products to the Refined Product Terminals will be made through existing pipeline connections at the Refined Product Terminals.
The initial service fees (as well as the method for subsequent adjustments in such fees) for terminalling the Refined Products in the Refined Product Terminals are set forth on the fee schedule attached hereto as Exhibit C.
During the term of this Agreement, ALON shall be entitled to designate Capital Improvements to be made to the Refined Product Pipelines and the Refined Product Terminals.
HEP shall operate and manage the Refined Product Terminals in accordance with industry standards and customs.
HEP will pay all taxes, import duties, license fees, users fees and other charges by any Governmental Authority levied on the transportation and storage services provided by HEP to ALON under this Agreement or on the Refined Product Pipelines or the Refined Product Terminals.
The provisions set forth in clauses (ii) through (iii) of the immediately preceding sentence of this Section 10(c) shall not apply to the extent HEP determines in good faith that emergency Maintenance Activities are required in connection with the Refined Product Pipelines or Refined Product Terminals.
For a period of one year following the termination without renewal of this Agreement, ALON will have the right to enter into a new pipelines and terminals agreement with HEP with respect to the Refined Product Pipelines or Refined Product Terminals designated by ALON on commercial terms which the parties agree are substantially similar to the terms which HEP could enter into an agreement with a third party for similar services.
In addition, ALON shall have the right, at its own expense, to conduct a due diligence investigation of the Refined Product Pipelines and the Refined Product Terminals and HEP shall provide ALON reasonable access to such assets and all related records and documents for the purpose of such investigation.
Except as otherwise provided in this Agreement, HEP, at its sole cost and expense, shall maintain the Refined Product Terminals in good condition and repair, in accordance with all Applicable Laws, and in accordance with accepted industry practices and procedures in the repair and maintenance of storage facilities.

More Definitions of Refined Product Terminals

Refined Product Terminals means the terminals described on Exhibit B attached hereto, as such Exhibit may be amended or revised from time-to-time by mutual agreement of HFRM and HEP Operating.

Refined Product Terminals means (a) the terminals described on Exhibit C attached hereto and (b) any other terminal for the handling of Refined Products in which the Operating Partnership or any of its Subsidiaries acquires, after the date hereof, an ownership interest or the right to use all or a portion of its capacity.

Refined Product Terminals means (a) the terminals described on Exhibit C attached hereto and (b) any other terminal for the handling of Refined Products in which the Operating Partnership or any of its Subsidiaries acquires, after the date hereof, an ownership -3- interest or the right to use all or a portion of its capacity.

Refined Product Terminals means the terminals described on Exhibit B attached hereto. "Refineries" means, collectively, the Navajo Refinery and the ▇▇▇▇▇ Cross Refinery. "Refund" has the meaning set forth in Section 9(c). "Subsidiary" means with respect to any Person, (a) a corporation of which more than 50% of the voting power of shares entitled (without regard to the occurrence of any contingency) to vote in the election of directors or other governing body of such corporation is owned, directly or indirectly, at the date of determination, by such Person, by one or more Subsidiaries of such Person or a combination thereof, (b) a partnership (whether general or limited) in which such Person or a Subsidiary of such Person is, at the date of determination, a general or limited partner of such partnership, but only if more than 50% of the partnership interests of such partnership (considering all of the partnership interests of the partnership as a single class) is owned, directly or indirectly, at the date of determination, by such Person, by one or more Subsidiaries of such Person, or a combination thereof, or (c) any other Person (other than a corporation or a partnership) in which such Person, one or more Subsidiaries of such Person, or a combination thereof, directly or indirectly, at the date of determination, has (i) at least a majority ownership interest or (ii) the power to elect or direct the election of a majority of the directors or other governing body of such Person. "▇▇▇▇▇ Cross Refinery" means the refinery owned by the ▇▇▇▇▇ Group in ▇▇▇▇▇ Cross, Utah.

Refined Product Terminals means the terminals described on Exhibit B attached hereto, as such Exhibit may be amended or revised from time-to- time by mutual agreement of HFRM and HEP Operating.

Refined Product Terminals means the terminals described on Exhibit F --------- attached hereto. "Refineries" means, collectively, the Marcus Hook Refinery, the Philadelphia Refinery, the Toledo Refinery and the Tulsa Refinery. "Refund" has the meaning set forth in Section 8(c). "Subsidiary" means with respect to any Person, (a) a corporation of which more than 50% of the voting power of shares entitled (without regard to the occurrence of any contingency) to vote in the election of directors or other governing body of such corporation is owned, directly or indirectly, at the date of determination, by such Person, by one or more Subsidiaries of such Person or a combination thereof, (b) a partnership (whether general or limited) in which such Person or a Subsidiary of such Person is, at the date of determination, a general or limited partner of such partnership, but only if more than 50% of the partnership interests of such partnership (considering all of the partnership interests of the partnership as a single class) is owned, directly or indirectly, at the date of determination, by such Person, by one or more Subsidiaries of such Person, or a combination thereof, or (c) any other Person (other than a corporation or a partnership) in which such Person, one or more Subsidiaries of such Person, or a combination thereof, directly or indirectly, at the date of determination, has (i) at least a majority ownership interest or (ii) the power to elect or direct the election of a majority of the directors or other governing body of such Person. "Toledo Refinery" means the refinery owned by Sunoco R&M or its Controlled Affiliates in Toledo, Ohio. "Tulsa Refinery" means the refinery owned by Sunoco R&M or its Controlled Affiliates in Tulsa, Oklahoma. "VLCC" means a vessel that is in the class of Very Large Crude Carrier, as that term is used in the shipping industry.