HEP Group definition

HEP Group means the HEP Entities and any Subsidiary of any such Person, all of which are treated as a single consolidated entity for purposes of this Agreement.
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HEP Group means, collectively, HEP and each of its Subsidiaries that is not also a Group Member.
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HEP Group means the Partnership, the OLP GP, the Operating Partnership and any Subsidiary of any such Person.
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Examples of HEP Group in a sentence

  • Once the investment banking firm has submitted its determination of the disputed terms, HEP will have the right, but not the obligation, to cause a HEP Group Member to purchase the Permitted Assets pursuant to the Offer as modified by the determination of the investment banking firm.

  • Notwithstanding anything in this Agreement to the contrary, a HEP Group Member who is not a party to this Agreement is prohibited from acquiring Permitted Assets.

  • In the event the HEP Entities desire to Transfer any of the Assets to a HEP Group Member that is not a Party to this Agreement, they shall first cause the proposed transferee HEP Group Member to become a Party to this Agreement.

  • In the event HEP desires a HEP Group Member who is not a party to this Agreement to acquire any Permitted Assets, then the General Partner shall first cause such HEP Group Member to become a party to this Agreement.

  • Except as provided in this Article II and the Partnership Agreement, ▇▇▇▇▇ GP and each HFC Group Member shall be free to engage in any business activity, including those that may be in direct competition with any HEP Group Member.

  • As soon as practicable, but in any event within 30 days after receipt of such written notification, HEP shall notify ▇▇▇▇▇ GP or the HFC Group Member in writing that HEP has elected (i) not to cause a HEP Group Member to purchase the Permitted Assets, in which event ▇▇▇▇▇ GP or the HFC Group Member shall be forever free to continue to own or operate such Permitted Assets, or (ii) to cause a HEP Group Member to purchase the Permitted Assets, in which event Section 2.4(b) and Section 2.4(c) shall apply.

  • If HEP elects to cause a HEP Group Member to purchase the Permitted Assets, then the HEP Group Member shall purchase the Permitted Assets pursuant to the Offer as modified by the determination of the investment banking firm as soon as commercially practicable after such determination and, if applicable, enter into an agreement with ▇▇▇▇▇ GP or the HFC Group Member to provide services in a manner consistent with the Offer, as modified by the determination of the investment banking firm, if applicable.

  • If HEP elects to cause a HEP Group Member to purchase the Permitted Assets, then the HEP Group Member shall purchase the Permitted Assets pursuant to the Offer as modified by the determination of the investment banking firm as soon as commercially practicable after such determination and, if applicable, enter into an agreement with ▇▇▇▇▇ GP or the HFS Group Member to provide services in a manner consistent with the Offer, as modified by the determination of the investment banking firm, if applicable.

  • The HEP Group shall invoice the Partnership Group for reimbursable costs and expenses within three months of incurrence and each invoice will contain reasonably satisfactory support of such amounts and such other supporting detail as the General Partner may reasonably require.

  • Except as provided in this Article II and the Partnership Agreement, ▇▇▇▇▇ GP and each HFS Group Member shall be free to engage in any business activity, including those that may be in direct competition with any HEP Group Member.