Common use of TLO Assignment Clause in Contracts

TLO Assignment. TLO shall not assign any of its rights or obligations under this Agreement without TRMC’s prior written consent; provided, however, that TLO shall be permitted to make a collateral assignment of this Agreement solely to secure financing for TLO.

Appears in 3 contracts

Sources: Storage Services Agreement (Tesoro Corp /New/), Storage Services Agreement (Tesoro Logistics Lp), Storage Services Agreement (Tesoro Corp /New/)

TLO Assignment. TLO shall not assign any of its rights or obligations under this Agreement without TRMCTAC’s prior written consent; provided, however, that TLO shall be permitted to make a collateral assignment of this Agreement solely to secure financing for TLO.

Appears in 1 contract

Sources: Storage Services Agreement (Tesoro Corp /New/)

TLO Assignment. TLO shall not assign any of its rights or obligations under this Agreement without TRMCCustomer’s prior written consent; provided, however, that TLO shall be permitted to make a collateral assignment of this Agreement solely to secure working capital financing for TLO.

Appears in 1 contract

Sources: Storage Services Agreement (Andeavor)