Terminal Assets

Terminal Assets. Means all of the property of SMEP at and comprising the Terminals including the SMEP Owned Real Property, the SMEP Leased Real Property and all of the those certain asphalt and residual fuel oil storage tanks and related equipment, facilities, buildings, loading facilities, controls and other assets located at or used in connection with the Terminals other than and excluding the Retained Processing Assets and which are subject to the Retained Land Rights, all as more particularly described on... Schedule 1(k) attached hereto. View More