Common use of Sale of Certain Assets by Sunoco Clause in Contracts

Sale of Certain Assets by Sunoco. The sale by a Sunoco Contract -------------------------------- Party of a material portion of its Refinery Assets or other assets related to any of the Material Agreements between such Sunoco Contract Party and the Borrower or the Borrower's Subsidiaries, unless the purchaser thereof has an Investment Grade Rating and has fully assumed the rights and obligations of such Sunoco Contract Party under such agreements in respect of the assets sold.

Appears in 1 contract

Samples: Credit Agreement (Sunoco Logistics Partners Lp)

AutoNDA by SimpleDocs

Sale of Certain Assets by Sunoco. The sale by a Sunoco Contract -------------------------------- Party of a material portion of its Refinery Assets or other assets related to any of the Material Agreements between such Sunoco Contract Party and the Borrower or the Borrower's ’s Subsidiaries, unless the purchaser thereof has an Investment Grade Rating and has fully assumed the rights and obligations of such Sunoco Contract Party under such agreements in respect of the assets sold.

Appears in 1 contract

Samples: Credit Agreement (Sunoco Logistics Partners Lp)

Sale of Certain Assets by Sunoco. The sale by a Sunoco Contract Party -------------------------------- Party of a material portion of its Refinery Assets or other assets related to any of the Material Agreements between such Sunoco Contract Party and the Borrower or the Borrower's Subsidiaries, unless the purchaser thereof has an Investment Grade Rating and has fully assumed the rights and obligations of such Sunoco Contract Party under such agreements in respect of the assets sold.

Appears in 1 contract

Samples: Credit Agreement (Sunoco Logistics Partners Lp)

AutoNDA by SimpleDocs

Sale of Certain Assets by Sunoco. The sale by a Sunoco Contract -------------------------------- Party of a material portion of its Refinery Assets or other assets related to any of the Material Agreements between such Sunoco Contract Party and the Borrower or the Borrower's ’s Subsidiaries, unless the purchaser thereof has an Investment Grade Rating and has fully assumed the rights and obligations of if such Sunoco Contract Party under such agreements in respect of the assets soldsale could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Sunoco Logistics Partners Lp)

Time is Money Join Law Insider Premium to draft better contracts faster.