Pipelines Agreement Sample Clauses

Pipelines Agreement. Administrative Agent recognizes and confirms that the Pipelines Agreement, and the rights and interests of Hxxxx thereunder, shall in no way be restricted, limited or otherwise affected by this Agreement, the Hxxxx Mortgage, the Senior Mortgages, any Future Senior Mortgage, the Security Instruments or any liens or security interests thereof; provided, however, that, Hxxxx agrees that nothing in the Pipelines Agreement shall (a) prevent any Purchaser or subsequent purchaser from owning or operating the Mortgaged Property, so long as such Purchaser or subsequent purchaser shall have assumed, and be in compliance with, the Partnership Entities’ (as defined in the Pipelines Agreement) obligations under the Pipelines Agreement and shall have executed an “SNDA” as defined in, and in accordance with, Article 6 of the Hxxxx Mortgage, or (b) be deemed to invalidate or require the release of any Senior Beneficiary’s liens in the Mortgaged Property in connection with the exercise by Hxxxx of a purchase option under the Pipelines Agreement or otherwise. Hxxxx shall not amend, modify or supplement the Pipelines Agreement without the prior written consent of the Majority Banks (as defined in the Credit Agreement); provided, that, such amendments, modifications or supplements may be made without the consent of the Majority Banks if such amendments, modifications or supplements (i) individually or in the aggregate, are not materially adverse to the rights of the Administrative Agent or the Financial Institutions, and (ii) individually or in the aggregate, do not materially decrease the economic benefit that Operating would have otherwise received pursuant to such agreement. Administrative Agent, both for itself and for any Purchaser, further agrees that upon any Foreclosure Event, the Pipelines Agreement shall not be terminated or affected thereby, nor shall Holly’s right to ship or store petroleum products through the pipelines or in the terminals, respectively, constituting a portion of the Property in accordance with the provisions of the Pipelines Agreement (or any other rights of Hxxxx under the Pipelines Agreement) be affected or disturbed because of the Foreclosure Event, but rather the Pipelines Agreement shall continue in full force and effect as direct obligations between the Purchaser and Hxxxx, upon all of the terms, covenants and conditions set forth in the Pipelines Agreement. Neither Administrative Agent nor any Purchaser shall claim, or seek adjudication, ...
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Pipelines Agreement. That certain Pipelines and Tankage Agreement dated effective as of February 29, 2008, by and among Beneficiary, Navajo Pipeline Co., L.P., a Delaware limited partnership, Navajo Refining Company, L.L.C., a Delaware limited liability company, Wxxxx Cross Refining Company, L.L.C., a Delaware limited liability company, HEP, Hxxxx Energy Partners—Operating, L.P., a Delaware limited partnership, Grantor and HEP Wxxxx Cross, L.L.C., a Delaware limited liability company.
Pipelines Agreement. That certain Amended and Restated Intermediate Pipelines Agreement dated as of June 1, 2009, by and among Beneficiary, Navajo Refining Company, L.L.C., a Delaware limited liability company, HEP, Xxxxx Energy Partners—Operating, L.P., a Delaware limited partnership, HEP Pipeline, L.L.C., a Delaware limited liability company, Grantor, HEP Logistics Holdings, L.P., a Delaware limited partnership, Xxxxx Logistic Services, L.L.C., a Delaware limited liability company, and HEP Logistics GP, L.L.C., a Delaware limited liability company.
Pipelines Agreement. That certain Pipelines Agreement dated as of July __, 2005 by and among Beneficiary, HEP, Navajo Refining Company, L.P., a Delaware limited partnership, Xxxxx Energy Partners-Operating, L.P., a Delaware limited partnership, Grantor, HEP Logistics Holdings, L.P., a Delaware limited partnership, Xxxxx Logistic Services, L.L.C., a Delaware limited liability company, and HEP Logistics GP, L.L.C., a Delaware limited liability company, together with any amendments, restatements or modifications from time to time made thereto.
Pipelines Agreement. Subject to Section 11.21, that certain Amended and Restated Crude Pipelines and Tankage Agreement dated effective as of January 1, 2009, among Navajo Refining Company, L.L.C., a Delaware limited liability company, Xxxxx Refining & Marketing Company — Xxxxx Cross, a Delaware corporation, Xxxxx Refining & Marketing Company, a Delaware corporation, Xxxxx Energy Partners — Operating, L.P., a Delaware limited partnership, HEP Pipeline and HEP Xxxxx Cross, L.L.C., a Delaware limited liability company, as such agreement has been amended to date or may be amended, amended and restated, replaced or otherwise modified at any time in the future.

Related to Pipelines Agreement

  • Services Agreement The Company has entered into the Services Agreement with the Sponsor pursuant to which the Sponsor will make available to the Company general and administrative services including office space, utilities and secretarial support for the Company’s use for $10,000 per month, subject to adjustment as provided for in the Services Agreement. Prior to the consummation of a Business Combination, the Company shall not enter into any other arrangement for the provision of such services with any Insider that will require the Company to pay in excess of $10,000 per month for such services.

  • Marketing Agreement The Company shall have entered into, ------------------- executed and delivered the Marketing Agreement.

  • Sales Agreements Distributor is hereby authorized to enter into separate written agreements, on such terms and conditions as Distributor may determine not inconsistent with this Agreement, with one or more organizations which agree to participate in the distribution of Contracts. Such organizations (hereafter "Broker") shall be both registered as a broker/dealer under the Securities Exchange Act and a member of NASD. Broker and its agents or representatives soliciting applications for Contracts shall be duly and appropriately licensed, registered or otherwise qualified for the sale of such Contracts (and the riders and other policies offered in connection therewith) under the insurance laws and any applicable blue-sky laws of each state or other jurisdiction in which the Company is licensed to sell the Contracts. Distributor shall have the responsibility for ensuring that Broker supervises its representatives. Broker shall assume any legal responsibilities of Company for the acts, commissions or defalcations of such representatives insofar as they relate to the sale of the Contracts. Applications for Contracts solicited by such Broker through its agents or representatives shall be transmitted directly to the Company, and if received by Distributor, shall be forwarded to Company. All premium payments under the Contracts shall be made by check to Company and, if received by Distributor, shall be held at all times in a fiduciary capacity and remitted promptly to Company.

  • Master Services Agreement This Agreement is a master agreement governing the relationship between the Parties solely with regard to State Street’s provision of Services to each BTC Recipient under the applicable Service Modules.

  • Sales Agreement This Agreement has been duly authorized, executed and delivered by the Company.

  • Operating Agreement The Borrower will not amend, modify, waive or terminate any provision of its operating agreement without the prior written consent of the Administrative Agent.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Supply Agreements For a period of three years from the consummation of the IPO, Odetics shall not unilaterally terminate or assign its guarantee obligation with respect to any supply agreement pursuant to which it has guaranteed the performance by ATL of ATL's obligations, unless such suppliers have consented to the termination or assignment of such guarantee.

  • Supply Agreement Buyer shall have executed and delivered the Supply Agreement to the Company.

  • Management Agreement The Management Agreement is in full force and effect and there is no default thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

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