Common use of Customer Security Arrangements Clause in Contracts

Customer Security Arrangements. All bonds, letters of credit and other security arrangements established by any Person in favor of the Seller that relate exclusively to the Purchased Assets or the operation of the Business, to the extent transferable (with or without consent).

Appears in 2 contracts

Samples: Asset Sale and Purchase Agreement (PBF Energy Inc.), Asset Sale and Purchase Agreement (PBF Energy Inc.)

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Customer Security Arrangements. All bonds, letters of credit and other security arrangements established by any Person in favor of the Seller that relate exclusively to the Purchased Assets or the operation of the BusinessBusiness (collectively, the “Customer Security Arrangements”), to the extent transferable (with or without consent).

Appears in 2 contracts

Samples: Asset Sale and Purchase Agreement (Holly Energy Partners Lp), Asset Sale and Purchase Agreement (Holly Corp)

Customer Security Arrangements. All bonds, letters of credit and other security arrangements established by any Person in favor of the Seller that relate exclusively to the Purchased Assets or the operation of the BusinessBusiness (collectively, the “Customer Security Arrangements”), to the extent transferable (with or without consent).

Appears in 1 contract

Samples: Asset Sale and Purchase Agreement (Holly Corp)

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Customer Security Arrangements. All bonds, letters of credit and other security arrangements established by any Person in favor of the Seller that relate exclusively to the Purchased Assets or the operation of the Business, to the extent transferable (with or without consent).to

Appears in 1 contract

Samples: Asset Sale and Purchase Agreement

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