Common use of Xxxxx Right of First Refusal: Prohibition on Transfer of Refinery Related Assets Clause in Contracts

Xxxxx Right of First Refusal: Prohibition on Transfer of Refinery Related Assets. (a) The Partnership Entities hereby grant to Xxxxx a right of first refusal on any proposed Transfer (other than a grant of a security interest to a bona fide third-party lender or a Transfer to another Partnership Group Member) of the Assets that serve the Xxxxx Entities’ refineries.

Appears in 9 contracts

Samples: Omnibus Agreement (HollyFrontier Corp), Omnibus Agreement (HollyFrontier Corp), Omnibus Agreement (Holly Energy Partners Lp)

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