Common use of Right of First Refusal under Article V Clause in Contracts

Right of First Refusal under Article V. Malaga Pipeline System (July 16, 2013, as amended by that certain Amended and Restated Transportation Services Agreement dated September 26, 2014) None 10 ✓ None None ✓ ✓ No El Dorado New Tank (Tank 647) (January 7, 2014) None ✓ ✓ (January 7, 2024) None ✓ ✓ No Artesia Rail Yard Facility (November 1, 2014) None ✓ None None ✓ ✓ No El Dorado Terminal (March 6, 2015) None ✓ None None ✓ ✓ No 10 However, Section 3.1(a) covers the 8” pipeline extending 50 miles from White City Station that was formerly used as a refined products pipeline that was conveyed to HEP as part of the 2004 Product Pipelines, Terminal and Related Assets. Xxxxxx to Lovington System Expansion (March 12, 2015) None ✓ None None ✓ ✓ No Artesia Blending Facility (March 12, 2015) None ✓ ✓ (March 12, 2025) None ✓ ✓ No Cheyenne New Tank (Tank 117) (December 4, 2014) None ✓ ✓ (December 4, 2029) ✓ (The indemnity in Section 3.2(a)(vi)(G) shall expire on March 1, 2022) ✓ ✓ No Tulsa New Tanks (Tanks 45 and 444A) (May 1, 2016) None ✓ ✓ (May 1, 2026) None ✓ ✓ No El Dorado New Tank (Tank 651) (September 12, 2016) None ✓ ✓ (September 12, 2026) None ✓ ✓ No SLC Pipeline (October 00, 0000) Xxxx Xxxx Xxxx Xxxx Xxxx ✓ No Frontier Aspen Pipeline (October 00, 0000) Xxxx Xxxx Xxxx Xxxx Xxxx ✓ No NWNAL Assets (October 00, 0000) Xxxx Xxxx Xxxx Xxxx Xxxx ✓ No Tulsa Rail Yard Facility (December 13, 2017) None ✓ None None ✓ ✓ No Catoosa Lubes Terminal (June 1, 2018) None ✓ None None ✓ ✓ No Orla Truck Terminal (the Orla Commencement Date)11 None ✓ None None ✓ ✓12 No Cushing Connect Pipeline (the Cushing Connect Commencement Date)11 None None None None None None13 No Navajo Tanks (the Navajo Tank Commencement Date) 11 None ✓ None None ✓ ✓ No 11 As defined in the Master Throughput Agreement. 12 HFC right of first refusal subject to the rights of ALON under the ALON Purchase Agreement. 13 However, the right of first refusal includes the equity interests of Cushing Connect then owned directly or indirectly by the HEP Entities; provided, however, the right of first refusal on the equity interests of Cushing Connect is subject to any rights of the other member(s) of Cushing Connect.

Appears in 1 contract

Samples: Omnibus Agreement (HollyFrontier Corp)

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Right of First Refusal under Article V. Malaga Pipeline System (July 16, 2013, as amended by that certain Amended and Restated Transportation Services Agreement dated September 26, 2014) None 10 ✓ None None ✓ ✓ No El Dorado New Tank (Tank 647) (January 7, 2014) None ✓ ✓ (January 7, 2024) None ✓ ✓ No Artesia Rail Yard Facility (November 1, 2014) None ✓ None None ✓ ✓ No El Dorado Terminal (March 6, 2015) None ✓ None None ✓ ✓ No 10 However, Section 3.1(a) covers the 8” pipeline extending 50 miles from White City Station that was formerly used as a refined products pipeline that was conveyed to HEP as part of the 2004 Product Pipelines, Terminal and Related Assets. Assets(July 13, 2004) $15,000,000(July 13, 2014) ü ü(July 13, 2014) ü(July 13, 2009) ü ü No 8” and 10” Lovington/Artesia Intermediate Pipelines(June 1, 2009) $2,500,000 (June 1, 2019) ü ü(June 1, 2019) ü(June 1, 2014) ü ü No TRANSFERRED ASSET AND CLOSING DATE HFC ENVIRONMENTAL(Expiration Date) HEP ENVIRONMENTAL RIGHT-OF-WAY ADDITIONAL INDEMNITIES OPERATIONALINDEMNITY RIGHT OF FIRST REFUSAL INCLUDES TRANSFERRED TANKS 2008 Crude Pipelines, Tanks and Related Assets(March 1, 2008) $7,500,000(March 1, 2023) ü ü(March 1, 2023) ü(March 1, 2013) ü ü Yes 16” Lovington/Artesia Intermediate Pipeline(June 1, 2009) None ü ü(June 1, 2019) ü(June 1, 2014) ü ü No Tulsa Transferred Assets (August 0, 0000) Xxxx Xxxx Xxxx Xxxx Xxxx Xxxx No Xxxxxx to Pipeline(December 1, 2009) None ü ü(December 1, 2019) ü(December 1, 2014) ü ü No Roadrunner Pipeline(December 1, 2009) None ü ü(December 1, 2019) ü(December 1, 2014) ü ü No Additional Lovington System Expansion (March 12Assets(March 31, 2010) $15,000,000(March 31, 2020) ü ü(March 31, 2020) ü(March 31, 2015) None ✓ ü ü No Additional Tulsa East Assets(March 31, 2010) unlimited (no expiration) None None ✓ ✓ None None ü No Artesia Blending Facility (March 12, 2015) None ✓ ✓ (March 12, 2025) None ✓ ✓ No Cheyenne New Tank (Tank 117) (December 4, 2014) None ✓ ✓ (December 4, 2029) ✓ (The indemnity in Section 3.2(a)(vi)(G) shall expire on March 1, 2022) ✓ ✓ No Tulsa New Tanks (Tanks 45 and 444A) (May 1, 2016) None ✓ ✓ (May 1, 2026) None ✓ ✓ No El Dorado New Tank (Tank 651) (September 12, 2016) None ✓ ✓ (September 12, 2026) None ✓ ✓ No SLC Pipeline (October Xxxxxxxx Transferred Assets(October 00, 0000) Xxxx Xxxx Xxxx Xxxx Xxxx ü Yes Tulsa Interconnecting Pipelines (August 31, 2011) None ü (August 31, 2021) (August 31, 2016) ü ü No Frontier Aspen Pipeline TRANSFERRED ASSET AND CLOSING DATE HFC ENVIRONMENTAL(Expiration Date) HEP ENVIRONMENTAL RIGHT-OF-WAY ADDITIONAL INDEMNITIES OPERATIONALINDEMNITY RIGHT OF FIRST REFUSAL INCLUDES TRANSFERRED TANKS Cheyenne Assets(November 1, 2011) $15,000,000(November 1, 2021) ü ü(November 1, 2021) ü(November 1, 2016) ü ü Yes El Dorado Assets(November 1, 2011) $15,000,000 (October 00November 1, 00002021) Xxxx Xxxx Xxxx Xxxx Xxxx ✓ No NWNAL Assets (October 00ü ü(November 1, 00002021) Xxxx Xxxx Xxxx Xxxx Xxxx ✓ No Tulsa Rail Yard Facility (December 13ü(November 1, 2016) ü ü Yes UNEV Pipeline(July 12, 2012) None ü ü(July 12, 2022) ü(July 12, 2017) ü None ✓ None None ✓ ✓ No Catoosa Lubes Terminal (June El Dorado Refinery Assets(November 1, 20182015) None ✓ None None ✓ ✓ $15,000,000(November 1, 2025) ü ü(November 1, 2025) ü(November 1, 2020) ü ü No Orla Truck Terminal Osage (the Orla Commencement Date)11 None ✓ None None ✓ ✓12 No Cushing Connect Pipeline (the Cushing Connect Commencement Date)11 February 22, 2016) None None None None None None13 None No Navajo Tanks (the Navajo Tulsa West Crude Tank Commencement DateAssets(11:59 p.m., March 31, 2016) 11 $5,000,000(11:59 p.m., March 31, 2026) ü None ✓ None None ✓ ✓ ü(11:59 p.m., March 31, 2021) ü ü No 11 As defined in the Master Throughput Agreement. 12 HFC right of first refusal subject to the rights of ALON under the ALON Purchase Agreement. 13 HoweverXxxxx Cross Refinery AssetsOctober 1, the right of first refusal includes the equity interests of Cushing Connect then owned directly or indirectly by the HEP Entities; provided2016 $15,000,000October 1, however2026 ü üOctober 1, the right of first refusal on the equity interests of Cushing Connect is subject to any rights of the other member(s) of Cushing Connect.2026 üOctober 1, 2026 ü ü No

Appears in 1 contract

Samples: Omnibus Agreement (HollyFrontier Corp)

Right of First Refusal under Article V. Malaga Pipeline System (July 16, 2013, as amended by that certain Amended and Restated Transportation Services Agreement dated September 26, 2014) None 10 8 ✓ None None ✓ ✓ No El Dorado New Tank (Tank 647) (January 7, 2014) None ✓ ✓ (January 7, 2024) None ✓ ✓ No Artesia Rail Yard Facility (November 1, 2014) None ✓ None None ✓ ✓ No El Dorado Terminal (March 6, 2015) None ✓ None None ✓ ✓ No 10 8 However, Section 3.1(a) covers the 8” pipeline extending 50 miles from White City Station that was formerly used as a refined products pipeline that was conveyed to HEP as part of the 2004 Product Pipelines, Terminal and Related Assets. (a) (b) (c) (d) (e) (f) (g) (h) OTHER ASSET AND CLOSING DATE HFC ENVIRONMENTAL (Expiration Date) HEP ENVIRONMENTAL RIGHT-OF-WAY ADDITIONAL INDEMNITIES OPERATIONAL INDEMNITY RIGHT OF FIRST REFUSAL INCLUDES TRANSFERRED TANKS Xxxxxx to Lovington System Expansion (March 12, 2015) None ✓ None None ✓ ✓ No Artesia Blending Facility (March 12, 2015) None ✓ ✓ (March 12, 2025) None ✓ ✓ No Cheyenne New Tank (Tank 117) (December 4, 2014) None ✓ ✓ (December 4, 2029) ✓ (The indemnity in Section 3.2(a)(vi)(G) shall expire on March 1, 2022) None ✓ ✓ No Tulsa New Tanks (Tanks 45 and 444A) (May 1, 2016) None ✓ ✓ (May 1, 2026) None ✓ ✓ No El Dorado New Tank (Tank 651) (September 12, 2016) None ✓ ✓ (September 12, 2026) None ✓ ✓ No SLC Pipeline (October 00, 0000) Xxxx Xxxx Xxxx Xxxx Xxxx ✓ No Frontier Aspen Pipeline (October 00, 0000) Xxxx Xxxx Xxxx Xxxx Xxxx ✓ No NWNAL Assets (October 00, 0000) Xxxx Xxxx Xxxx Xxxx Xxxx ✓ No Tulsa Rail Yard Facility (December 13, 2017) None ✓ None None ✓ ✓ No Catoosa Lubes Terminal (June 1, 2018) None ✓ None None ✓ ✓ No Orla Truck Terminal (the Orla Commencement Date)11 Date)9 None ✓ None None ✓ ✓12 10 No Cushing Connect Pipeline (the Cushing Connect Commencement Date)11 None None None None None None13 No Navajo Tanks (the Navajo Tank Commencement Date) 11 None ✓ None None ✓ ✓ No 11 9 As defined in the Master Throughput Agreement. 12 10 HFC right of first refusal subject to the rights of ALON under the ALON Purchase Agreement. 13 However, the right of first refusal includes the equity interests of Cushing Connect then owned directly or indirectly by the HEP Entities; provided, however, the right of first refusal on the equity interests of Cushing Connect is subject to any rights of the other member(s) of Cushing Connect.

Appears in 1 contract

Samples: Omnibus Agreement (HollyFrontier Corp)

Right of First Refusal under Article V. Malaga Pipeline System (July 16, 2013, as amended by that certain Amended and Restated Transportation Services Agreement dated September 26, 2014) None 10 7 ✓ None None ✓ ✓ No El Dorado New Tank (Tank 647) (January 7, 2014) None ✓ ✓ (January 7, 2024) None ✓ ✓ No Artesia Rail Yard Railyard Facility (November 1, 2014) None ✓ None None ✓ ✓ No El Dorado Terminal (March 6, 2015) None ✓ None None ✓ ✓ No 10 7 However, Section 3.1(a) covers the 8” pipeline extending 50 miles from White City Station that was formerly used as a refined products pipeline that was conveyed to HEP as part of the 2004 Product Pipelines, Terminal and Related Assets. Xxxxxx to Lovington System Expansion (March 12, 2015) None ✓ None None ✓ ✓ No Artesia Blending Facility (March 12, 2015) None ✓ ✓ (March 12, 2025) None ✓ ✓ No Cheyenne New Tank (Tank 117) (December 4, 2014) None ✓ ✓ (December 4, 2029) ✓ (The indemnity in Section 3.2(a)(vi)(G) shall expire on March 1, 2022) None ✓ ✓ No Tulsa New Tanks (Tanks 45 and 444A) (May 1, 2016) None ✓ ✓ (May 1, 2026) None ✓ ✓ No El Dorado New Tank (Tank 651) (September 12, 2016) None ✓ ✓ (September 12, 2026) None ✓ ✓ No SLC Pipeline (October 00, 0000) Xxxx Xxxx Xxxx Xxxx Xxxx ✓ No Frontier Aspen Pipeline (October 00, 0000) Xxxx Xxxx Xxxx Xxxx Xxxx ✓ No NWNAL Assets (October 00, 0000) Xxxx Xxxx Xxxx Xxxx Xxxx ✓ No Tulsa Rail Yard Facility (December 13, 2017) None ✓ None None ✓ ✓ No Catoosa Lubes Terminal (June 1, 2018) None ✓ None None ✓ ✓ No Orla Truck Terminal (the Orla Commencement Date)11 None ✓ None None ✓ ✓12 No Cushing Connect Pipeline (the Cushing Connect Commencement Date)11 None None None None None None13 No Navajo Tanks (the Navajo Tank Commencement Date) 11 None ✓ None None ✓ ✓ No 11 As defined in the Master Throughput Agreement. 12 HFC right of first refusal subject to the rights of ALON under the ALON Purchase Agreement. 13 However, the right of first refusal includes the equity interests of Cushing Connect then owned directly or indirectly by the HEP Entities; provided, however, the right of first refusal on the equity interests of Cushing Connect is subject to any rights of the other member(s) of Cushing Connect.No

Appears in 1 contract

Samples: Omnibus Agreement (HollyFrontier Corp)

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Right of First Refusal under Article V. Malaga Pipeline System (July 16, 2013, as amended by that certain Amended and Restated Transportation Services Agreement dated September 26, 2014) None 10 8 ✓ None None ✓ ✓ No El Dorado New Tank (Tank 647) (January 7, 2014) None ✓ ✓ (January 7, 2024) None ✓ ✓ No Artesia Rail Yard Facility (November 1, 2014) None ✓ None None ✓ ✓ No El Dorado Terminal (March 6, 2015) None ✓ None None ✓ ✓ No 10 8 However, Section 3.1(a) covers the 8” pipeline extending 50 miles from White City Station that was formerly used as a refined products pipeline that was conveyed to HEP as part of the 2004 Product Pipelines, Terminal and Related Assets. Xxxxxx to Lovington System Expansion (March 12, 2015) None ✓ None None ✓ ✓ No Artesia Blending Facility (March 12, 2015) None ✓ ✓ (March 12, 2025) None ✓ ✓ No Cheyenne New Tank (Tank 117) (December 4, 2014) None ✓ ✓ (December 4, 2029) ✓ (The indemnity in Section 3.2(a)(vi)(G) shall expire on March 1, 2022) None ✓ ✓ No Tulsa New Tanks (Tanks 45 and 444A) (May 1, 2016) None ✓ ✓ (May 1, 2026) None ✓ ✓ No El Dorado New Tank (Tank 651) (September 12, 2016) None ✓ ✓ (September 12, 2026) None ✓ ✓ No SLC Pipeline (October 00, 0000) Xxxx Xxxx Xxxx Xxxx Xxxx ✓ No Frontier Aspen Pipeline (October 00, 0000) Xxxx Xxxx Xxxx Xxxx Xxxx ✓ No NWNAL Assets (October 00, 0000) Xxxx Xxxx Xxxx Xxxx Xxxx ✓ No Tulsa Rail Yard Facility (December 13, 2017) None ✓ None None ✓ ✓ No Catoosa Lubes Terminal (June 1, 2018) None ✓ None None ✓ ✓ No Orla Truck Terminal (the Orla Commencement Date)11 Date)9 None ✓ None None ✓ ✓12 10 No Cushing Xxxxxxx Connect Pipeline (the Cushing Xxxxxxx Connect Commencement Date)11 Date)9 None None None None None None13 None11 No Navajo Tanks (the Navajo Tank Commencement Date) 11 None ✓ None None ✓ ✓ No 11 9 As defined in the Master Throughput Agreement. 12 10 HFC right of first refusal subject to the rights of ALON under the ALON Purchase Agreement. 13 11 However, the right of first refusal includes the equity interests of Cushing Xxxxxxx Connect then owned directly or indirectly by the HEP Entities; provided, however, the right of first refusal on the equity interests of Cushing Xxxxxxx Connect is subject to any rights of the other member(s) of Cushing Xxxxxxx Connect.

Appears in 1 contract

Samples: Omnibus Agreement (HollyFrontier Corp)

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