“Cheyenne Tankage” means the tanks set forth onExhibitI-3.
“Claim” means any existing or threatened future claim, demand, suit, action, investigation, proceeding, governmental action or cause of action of any kind or character (in each case, whether civil, criminal, investigative or administrative), known or unknown, under any theory, including those based on theories of contract, tort, statutory liability, strict liability, employer liability, premises liability, products liability, breach of warranty or malpractice.
“Closing Date” has the meaning for each Applicable Asset set forth in the Omnibus Agreement.
“Construction Projects” has the meaning set forth inArticle 2.
“Contract Quarter” means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.
“Control” (including with correlative meaning, the term “controlled by”) means, as used with respect to any Person, the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities, by contract or otherwise.
“Crude Agreement” means the Third Amended and Restated Crude Pipelines and Tankage Agreement, dated as of March 12, 2015, by and among HFRM, HEP Operating and certain other Affiliates of HFRM and HEP Operating.
“Crude Oil” means the direct liquid product of oil wells, oil processing plants, the indirect liquid petroleum products of oil or gas wells, oil sands or a mixture of such products, but does not include natural gas liquids, Refined Products, naphtha, gas oil, LEF (lube extraction feedstocks) or any other refined products.
“Deficiency Notice” has the meaning set forth inSection 10.1.
“Deficiency Payment” has the meaning set forth inSection 10.1.
“Devon” meansDevon Energy Production Company, L.P., and its Affiliates.
“Devon Lease Connections” has the meaning set forth inExhibitG-2.
“DRA” has the meaning set forth inSection 2.6.
“Effective Time” means 12:01 a.m., Dallas, Texas time, on July 1, 2019.
“El Dorado Assets” means the El Dorado Loading Rack and the El Dorado Tankage.
“El Dorado Connector Pipeline” means that certain crude oil pipeline connecting the El Dorado Crude Tankage to the Pony Express Pipeline, which pipeline is owned by a Person that is not an Affiliate of either HFRM or HEP Operating.
“El Dorado Crude Tank Farm Assets” means the El Dorado Delivery Lines and the El Dorado Crude Tankage.
“El Dorado Crude Tank Farm Consideration Period” has the meaning set forth inExhibit K.
ExhibitA-3