Refinery Assets definition

Refinery Assets means refineries and related assets that accept crude oil or feedstock or ship product pursuant to a Borrower Operating Agreement.

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Refinery Assets means substantially all of the assets of TARC immediately prior to the Transaction Closing Date.

Refinery Assets means all of the items described and identified in Section 2.1.1.

Examples of Refinery Assets in a sentence

• Sunoco and its Affiliates and NewCo and its Affiliates agree to retain all books and records with respect to Tax matters pertinent to the Refinery Business or the Refinery Assets relating to any taxable period beginning before the Closing Date until the expiration of the statute of limitations of the respective taxable periods and to abide by all record retention agreements entered into with any Governmental Authority.

• Effective as of November 1, 2015, the Parties entered into a certain Master Tolling Agreement (Refinery Assets) (the “Master Tolling Agreement”).

• All material Taxes owed with respect to any of the Refinery Assets or the Refinery Business that are or have become due have been paid in full.

• Since June 30, 2009, no event has occurred, and no circumstance or condition exists, that (with or without notice or lapse of time or both) would reasonably be expected to constitute or result in a failure of Sunoco or any of the Contributing Subsidiaries to comply with the terms of any applicable Law with respect to Refinery Assets or the Refinery Business, the result of such event could reasonably be expected to result in a Material Adverse Effect.

• Each Party shall cooperate fully, as and to the extent reasonably requested by any other Party, in connection with the filing of Tax Returns and any audit, litigation, or other proceeding with respect to Taxes, in each case, relating to the Refinery Business or the Refinery Assets.

More Definitions of Refinery Assets

Refinery Assets is hereby added to the Original Indenture to read in its entirety as follows:

Refinery Assets means property, plant and equipment used or to be used in the business of gathering, wholesale marketing, refining, distilling, wholesale distributing, terminalling, treating, processing, storing or transporting oil, gas or other hydrocarbons or related products, and other assets that are reasonably related thereto.

Refinery Assets has the meaning set forth in Section 2.2.

Refinery Assets all real property, improvements, fixtures and Equipment owned by Calumet Montana and located at or necessary to the operation of the refinery located in Great Falls, Montana and Black Eagle, Montana and operated by Calumet Montana, including such property listed on Schedule 1.1I hereto; provided that for the avoidance of doubt, in no event shall any “Refinery Assets” ever be deemed to consist of or include any metal or other element, composite or alloy used as, or part of, a catalyst in the operation of the refinery assets of any Consolidated Party.

Refinery Assets means the petroleum refinery facilities owned by Borrowers or their Restricted Subsidiaries located in Coffeyville, Kansas and Phillipsburg, Kansas and related assets, including any associated crude oil gathering assets and pipelines.

Refinery Assets means the Wood River Refinery and the B▇▇▇▇▇ Refinery.

Refinery Assets means a certain 15,000 BPD crude oil and condensate processing facility located in ▇▇▇▇▇, TX, including associated real and personal property such as the pipeline infrastructure, crude oil, feedstock and refined product storage tanks and truck racks (or, in each case, contracts granting rights to use the same) and other assets and any other personal and real property owned by Lazarus that is appurtenant to or necessary for the commercial operation of such processing facility.