Common use of ASSIGNMENT; PARTNERSHIP CHANGE OF CONTROL Clause in Contracts

ASSIGNMENT; PARTNERSHIP CHANGE OF CONTROL. (a) TRMC shall not assign any of its rights or obligations under this Agreement without TLO’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed; provided, however, that TRMC may assign this Agreement without TLO’s consent in connection with a sale by TRMC of the SLC Refinery so long as the transferee: (i) agrees to assume all of TRMC’s obligations under this Agreement and (ii) is financially and operationally capable of fulfilling the terms of this Agreement, which determination shall be made by TRMC in its reasonable judgment.

Appears in 3 contracts

Samples: Transportation Services Agreement (Tesoro Logistics Lp), Transportation Services Agreement (Tesoro Corp /New/), Transportation Services Agreement (Tesoro Logistics Lp)

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ASSIGNMENT; PARTNERSHIP CHANGE OF CONTROL. (a) TRMC shall not assign any of its rights or obligations under this Agreement without TLO’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed; provided, however, that TRMC may assign this Agreement without TLO’s consent in connection with a sale by TRMC of the SLC Refinery so long as the transferee: (i) agrees to assume all of TRMC’s obligations under this Agreement and (ii) is financially and operationally capable of fulfilling the terms of this Agreement, which determination shall be made by TRMC in its reasonable judgment.

Appears in 3 contracts

Samples: Storage and Transportation Services Agreement (Tesoro Logistics Lp), Storage and Transportation Services Agreement (Tesoro Corp /New/), Storage and Transportation Services Agreement (Tesoro Logistics Lp)

ASSIGNMENT; PARTNERSHIP CHANGE OF CONTROL. (a) TRMC shall not assign any of its rights or obligations under this Agreement without TLO’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed; provided, however, : that TRMC may assign this Agreement without TLO’s consent in connection with a sale by TRMC of the SLC Mandan Refinery so long as the transferee: (i) agrees to assume all of TRMC’s obligations under this Agreement and (ii) is financially and operationally capable of fulfilling the terms of this Agreement, which determination shall be made by TRMC in its reasonable judgment.

Appears in 2 contracts

Samples: Trucking Transportation Services Agreement (Tesoro Logistics Lp), Trucking Transportation Services Agreement (Tesoro Logistics Lp)

ASSIGNMENT; PARTNERSHIP CHANGE OF CONTROL. (a) TRMC shall not assign assign, subcontract or delegate any of its rights or obligations under this Agreement without TLOTSPC’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed; provided, however, that TRMC may assign this Agreement without TLOTSPC’s consent in connection with a sale by TRMC of the SLC Refinery so long as the transferee: (i) agrees to assume all of TRMC’s obligations under this Agreement and (ii) is financially and operationally capable of fulfilling the terms of this Agreement, which determination shall be made by TRMC in its reasonable judgment.

Appears in 2 contracts

Samples: Transportation Services Agreement (Tesoro Logistics Lp), Transportation Services Agreement (Tesoro Corp /New/)

ASSIGNMENT; PARTNERSHIP CHANGE OF CONTROL. (a) TRMC shall not assign any of its rights or obligations under this Agreement without TLO’s 's prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed; provided, however, that TRMC may assign this Agreement without TLO’s 's consent in connection with a sale by TRMC of the SLC Refinery so long as the transferee: (i) agrees to assume all of TRMC’s 's obligations under this Agreement and (ii) is financially and operationally capable of fulfilling the terms of this Agreement, which determination shall be made by TRMC in its reasonable judgment.

Appears in 1 contract

Samples: Transportation Services Agreement (Tesoro Logistics Lp)

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ASSIGNMENT; PARTNERSHIP CHANGE OF CONTROL. (a) TRMC shall not assign any of its rights or obligations under this Agreement without TLO’s 's prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed; provided, however, : that TRMC may assign this Agreement without TLO’s 's consent in connection with a sale by TRMC of the SLC Mandan Refinery so long as the transferee: (i) agrees to assume all of TRMC’s 's obligations under this Agreement and (ii) is financially and operationally capable of fulfilling the terms of this Agreement, which determination shall be made by TRMC in its reasonable judgment.

Appears in 1 contract

Samples: Trucking Transportation Services Agreement (Tesoro Logistics Lp)

ASSIGNMENT; PARTNERSHIP CHANGE OF CONTROL. (a) TRMC shall not assign any of its rights or obligations under this Agreement without TLOTHPP’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed; provided, however, that TRMC may assign this Agreement without TLOTHPP’s consent in connection with a sale by TRMC of the SLC Mandan Refinery so long as the transferee: (i) agrees to assume all of TRMC’s obligations under this Agreement and (ii) is financially and operationally capable of fulfilling the terms of this Agreement, which determination shall be made by TRMC in its reasonable judgment.

Appears in 1 contract

Samples: Transportation Services Agreement (Tesoro Logistics Lp)

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