Holly Entity definition

Holly Entity means any of the Holly Entities.
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Examples of Holly Entity in a sentence

  • The purchase agreement for the Subject Assets will provide for the purchase price to be paid, at the option of the Holly Entity, in cash, Units, or an interest-bearing promis▇▇▇▇ note (the interest rate and other terms of which shall be mutually agreed upon by the Holly Entity and the General Partner).

  • Once the investment ▇▇▇▇ing firm has submitted its determination of the fair market value of the Subject Assets and/or the other terms on which the Partnership Group and the Holly Entity are unable to agree, the General Partner will ▇▇▇▇ the right, but not the obligation, subject to the approval of the Conflicts Committee, to cause a Partnership Group Member to purchase the Subject Assets pursuant to the Offer as modified by the determination of the investment banking firm.

  • No relationship, direct or indirect, exists between or among any Holly Entity on the one hand, and the directors, officers, partners, c▇▇▇▇▇ers or suppliers of any Holly Entity on the other hand, which is required to be described in t▇▇ ▇▇ospectus which is not so described.

  • The Offer shall set forth the terms relating to the purchase of the Subject Assets and, if any Holly Entity desires to utilize the Subject Assets, the Off▇▇ ▇▇ll also include the commercially reasonable terms on which the Partnership Group will provide services to the Holly Entity to enable the Holly Entity to utilize the Subj▇▇▇ ▇ssets.

  • The Partnership Group will provide written notice of its decision to the Holly Entity within 15 days after the investment banking fi▇▇ ▇▇s submitted its determination.

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

  • The ▇▇▇▇ of the investment banking firm will be split equally between the Holly Entity and the Partnership Group.

  • The decision to p▇▇▇▇▇se an Option Asset, the fair market value to be paid for the Option Asset, and the other terms of the purchase including, if applicable, the terms on which the Partnership Group Member will provide services to the Holly Entity to enable the Holly Entity to utilize the Option As▇▇▇ ▇hall be approved ▇▇ ▇▇e Conflicts Committee.

  • Such investment banking f▇▇▇ ▇ill determine the fair market value of the Subject Assets and/or the other terms on which the Partnership Group and the Holly Entity are unable to agree within 30 days of its engagemen▇ and furnish the Holly Entity and the General Partner its determination.

Related to Holly Entity

  • Partnership Subsidiary means (i) any entity of which a majority of the outstanding voting stock or voting power is beneficially owned directly or indirectly by the Partnership, or (ii) any partnership or limited liability company of which 50% or more of the capital and profits interest is owned, directly or indirectly, by the Partnership or by one or more Partnership Subsidiaries or by the Partnership and one or more Partnership Subsidiaries.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Operating Partnership has the meaning set forth in the preamble.

  • Partnership Entity means any of the Partnership Entities.

  • Subsidiary Entity means a person that is controlled directly or indirectly by another person and includes a subsidiary of that subsidiary;