TEPPCO MLP definition

TEPPCO MLP has the meaning set forth in the Preamble.
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TEPPCO MLP means TEPPCO Partners, L.P., a Delaware limited partnership, and any successors thereto.
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TEPPCO MLP has the meaning set forth in the Recitals.
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Examples of TEPPCO MLP in a sentence

  • TEPPCO GP and TEPPCO MLP are the sole record and beneficial owners of the general partner interest and limited partner interest, respectively, of each of the TEPPCO Operating Partnerships.

  • Prior to the Execution Date and in the ordinary course of business, TEPPCO MLP has established risk parameters to restrict the level of risk that the TEPPCO Partnership Group Entities are authorized to take with respect to the open position resulting from all physical commodity transactions, exchange traded futures and options and over-the-counter derivative instruments (the “Open TEPPCO Position”) and monitors the compliance by the TEPPCO Partnership Group Entities with such risk parameters.

  • Such TEPPCO Limited Partner Units were not issued in violation of pre-emptive or similar rights or any other agreement or understanding binding on TEPPCO MLP.

  • No agent, broker, finder, investment banker, financial advisor or similar person will be entitled to any fee, commission or other compensation in connection with the transactions contemplated by this Agreement on the basis of any action or statement made by DEFS, TEPPCO MLP or TEPPCO GP or any affiliate thereof, or any of their respective partners, shareholders, members, directors, officers or employees acting on behalf of DEFS, TEPPCO MLP, TEPPCO GP or any affiliate thereof.

  • TEPPCO GP owns or holds no assets or interests other than the general partner interest in TEPPCO MLP and has not since the date of its formation engaged in any business activities whatsoever other than acting as the general partner of TEPPCO MLP.

  • For a period of six years after the Closing, DEFS shall cause to be maintained, at its expense, GPL (General Partners Liability) insurance for individuals who are or were before the Closing covered under the existing TEPPCO MLP GPL insurance policy on terms substantially no less advantageous.

  • Upon satisfaction of the obligations of DEFS pursuant to Section 4.2 of this Agreement, TEPPCO MLP will own, license or otherwise have legally enforceable rights to use intellectual property of the type described in this Section 3.3(o) sufficient to operate the business of the TEPPCO Partnership Group Entities consistent with past practices.

  • Other than filings in connection with Rule 144A offerings with respect to wholly owned subsidiaries of TEPPCO MLP, no subsidiary of TEPPCO MLP is required to file periodic reports with the SEC, either pursuant to the requirements of the Exchange Act or by contract.

  • TEPPCO MLP has no subsidiaries or TEPPCO MLP Partially Owned Entities other than those set forth in Section 3.3(e) of the TEPPCO Disclosure Letter.

  • DEFS agrees to use reasonable commercial efforts to cause KPMG LLP to support completion as promptly as practicable after the Closing of the audit of the consolidated financial statements of TEPPCO MLP for the year ended December 31, 2004 and the audit of the consolidated financial statements of TEPPCO GP for the year ended December 31, 2004.

Related to TEPPCO MLP

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • ETP means Energy Transfer Partners, L.P., a Delaware limited partnership.

  • MLP GP means any general partner of any MLP and any general partner of the general partner of any MLP.

  • Partnership Group Member means any member of the Partnership Group.

  • EPD means Enterprise Products Partners L.P., a Delaware limited partnership.

  • GP means Gottbetter & Partners, LLP.

  • Holdco has the meaning set forth in the Preamble.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • Co-op A private, cooperative housing corporation, having only one class of stock outstanding, which owns or leases land and all or part of a building or buildings, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes the sale of stock and the issuance of a Co-op Lease.

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • EXCO means EXCO Resources, Inc., a Texas corporation.

  • 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.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • Partnership Entity means any of the Partnership Entities.

  • IDR means Interval Data Recorder.

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Partnership Entities means the General Partner and each member of the Partnership Group.

  • Company Operating Agreement means that certain Eighth Amended and Restated Limited Liability Company Agreement of the Company, dated as of September 20, 2013, as the same may be amended from time to time.

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

  • NGL means natural gas liquids.

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • OpCo has the meaning set forth in the Preamble.

  • Partnership Group means the Partnership and its Subsidiaries treated as a single consolidated entity.