Consents means all notices to, authorizations, consents, Orders or approvals of, or registrations, declarations or filings with, or expiration of waiting periods imposed by, any Governmental Authority, and any notices to, consents or approvals of any other third party, in each case that are required by Applicable Law or by Contract in order to consummate the transactions contemplated by this Agreement and the Ancillary Documents.
Contract means any written or oral contract, agreement, indenture, instrument, note, bond, loan, lease, mortgage, franchise, license agreement, purchase order, binding bid or offer, binding term sheet or letter of intent or memorandum, commitment, letter of credit or any other legally binding arrangement, including any amendments or modifications thereof and waivers relating thereto.
Crude Unit 2 Assets means those assets identified as Crude Unit 2 Assets on Schedule 1.1(a).
DLLCA means the Delaware Limited Liability Company Act, 6 Del.C. §18-101 et seq., as amended from time to time.
Effective Time has the meaning set forth in Section 3.1.
Encumbrance means any mortgage, pledge, charge, hypothecation, claim, easement, right of purchase, security interest, deed of trust, conditional sales agreement, encumbrance, option, lien, right of first refusal, right of way, defect in title, encroachments or other restriction, whether or not imposed by operation of Law, any voting trust or voting agreement, stockholder agreement or proxy.
FCC Unit 2 Assets means those assets identified as the FCC Unit 2 Assets on Schedule 1.1(b).
Governmental Authority means any federal, state, local or foreign government or any provincial, departmental or other political subdivision thereof, or any entity, body or authority exercising executive, legislative, judicial, regulatory, administrative or other governmental functions or any court, department, commission, board, bureau, agency, instrumentality or administrative body of any of the foregoing.
HEH has the meaning set forth in the Preamble.
HEP Entities means Holly Logistic Services, L.L.C., HEP Logistics Holdings, L.P. and the Partnership and its direct and indirect subsidiaries.
HEP Guaranty Obligations has the meanings set forth in Section 12.1.
HEP Pipeline has the meaning set forth in the Preamble.
HEP WX has the meaning set forth in the Preamble.
HFC has the meaning set forth in the Preamble.