Common use of Deed; ▇▇▇▇ of Sale; Assignment Clause in Contracts

Deed; ▇▇▇▇ of Sale; Assignment. To the extent required and permitted by applicable law, this Agreement shall also constitute a “deed,” “▇▇▇▇ of sale” or “assignment” of the assets and interests referenced herein. For the avoidance of doubt, the conveyance of the applicable Assets from Tesoro, TAC, TRMC, the General Partner or the Partnership to the Operating Company or TLP is not intended to be treated as a sale for tax or any other purposes.