Refinery Business definition

Refinery Business has the meaning given to that term in the definition of the Project.
Sample 1Sample 2Sample 3
Refinery Business means the business conducted by any of Sunoco and its Subsidiaries at the Refinery, including the ownership and operation of each of the Refinery Assets and the related commercial operations conducted by any of Sunoco and its Affiliates in connection with the Refinery including the purchasing of Upstream Inventory and selling of Downstream Inventory, excluding (x) Sunoco’s retail and branded marketing business and wholesale rack gasoline and distillate business (even to the extent previously conducted in connection with the Refinery) and (y) any business of Sunoco or any of its Affiliates other than the ownership or operation of the Refinery, including SXL’s business.
Sample 1Sample 2
Refinery Business means the business conducted by the Sellers immediately prior to the Effective Time that relates exclusively to the ownership, operation or use of the Refinery Facilities and the Refinery Assets.
Sample 1Sample 2

Examples of Refinery Business in a sentence

  • Each Partner (directly or through its Affiliates) is a sophisticated party possessing extensive knowledge of and experience relating to, and is actively engaged in, significant businesses, in addition to the Refinery Business, has been represented by legal counsel, is capable of evaluating and has thoroughly considered the merits, risks and consequences of the provisions of this Section 5.3. and is agreeing to such provisions knowingly and advisedly.

  • This has resulted in capacity enhancement and utilities reduction.7) Integrated Refinery Business Improvement Programme (IRBIP) was undertaken with M/s Shell for improving refinery profitability.

  • The agreement dated July 1, 1993 between the Company and LParent pursuant to which the Refinery Business and certain other Assets and Working Capital were contributed to the Company by LParent on behalf of Lyondell Refining Company n/k/a Lyondell GP.

  • Subject to and in accordance with the Technology Agreement, Sellers will license to Buyer certain Intellectual Property and IT Systems in existence and owned by the Sellers immediately prior to the Effective Time for use exclusively in connection with the operation of the Purchased Assets in the Refinery Business, the Xxxxxx Logistics and Marketing Terminals Business, the Wilmington Calciner Business and the Fuel Retail Business.

  • The Company currently operates two business segments namely Oil Refinery Business and Petroleum Marketing Business.

  • Subject to Sections 2.2, 3.1.8, 4.1.11 and 7.2.1 and the Technology Agreement, all rights and obligations of the Sellers under Contracts relating exclusively to the ownership or operation of the Refinery Assets or the Refinery Business as currently operated by any one or more of the Sellers including those Contracts set forth in Schedule 2.1.1.4 (collectively, the “Assigned Refinery Contracts”).

  • However, NPC still maintain assets for operating the Refinery Business in the company.

  • I must give a shout-out to all of the locations that fueled my need for public solitude: The Refinery Business Center, Ott Hall 150-B and the Student Center at Indiana Wesleyan University, and Culver’s Restaurant #404.

  • Note that the major assets from the acquisition of NPC consist of assets necessary for operations of the Refinery Business.

  • Subject to Sections 2.2 and 7.2.1, all Permits in favor of the Sellers from any federal, state or local regulatory agencies which are necessary to and used exclusively in connection with the ownership of the Refinery Assets or the operation of the Refinery Business as currently operated by the Sellers, including those Permits identified in Schedules 14.1.4.1 and 14.1.7.1 under the headings “Refinery Permits”.


More Definitions of Refinery Business

Refinery Business means Sellers' and any Affiliate's business relating to the purchase, transportation, refinement, processing and sale of Feedstock and Refined Products in the Refinery's historical area of operation.
Sample 1
Refinery Business means the business as conducted by the Seller Companies that relates exclusively to the ownership, operation or use of the Refinery Facilities and the Refinery Assets.
Sample 1

Related to Refinery Business

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Micro Business means a company which either:

  • Licensed Business means the activities connected with the conveyance of

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Company Business means the business of the Company and its Subsidiaries as presently conducted.

  • Refinery means a facility used to produce motor fuel from crude oil, unfinished oils, natural gas liquids, or other hydrocarbons and from which motor fuel may be removed by pipeline, by marine vessel, or at a rack.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Minority Business means a business:

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Excluded Business has the meaning set forth in Section 6.10.

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • Branch business means any insurance business transacted by a branch captive insurance company in this State.

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Parent Business shall have the meaning set forth in the Separation and Distribution Agreement.

  • Air Transportation Business means the carriage by aircraft of persons or property as a common carrier for compensation or hire, or carriage of cargo or mail by aircraft, in air commerce, as defined in 49 U.S.C. § 40102, as amended.

  • Refined Products means gasoline, diesel fuel, jet fuel, asphalt and asphalt products, and other refined products of crude oil.

  • SpinCo Business has the meaning set forth in the Separation and Distribution Agreement.

  • Unitary business means one or more related business organizations engaged in business activity both within and outside the State among which there exists a unity of ownership, operation, and use; or an interdependence in their functions.

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

  • Business Products means all products and services developed (including products and services for which development is ongoing), manufactured, made commercially available, marketed, distributed, sold, provided, imported for resale or licensed out by or on behalf of the Business or a Company since its inception.

  • Excluded Businesses means Business types which are excluded from application for an Inter-Community Business Licence and includes those Business types referred to in Schedule “A”.